Local News
Real estate news in Houston

Civicap Partners has purchased Metro Midtown, a 419-unit luxury complex in downtown Houston, according to Multi-Housing News.

Three of the most expensive homes listed in the past 30 days were listed by Compass RE Texas, LLC agent Jonathan Rosen, the priciest of these being a 10,577-square-foot home in Dallas listed for nearly $16,000,000.

New home sales and prices in Houston have hit a “peak,” according to HomesUSA.com CEO Ben Caballero.

New listings are finally up in August, according to HAR’s Weekly Activity Snapshot.

Among the 20 most populous metropolitan areas in the United States, Houston ranks 2nd when it comes to cities with the lowest cost of living.

When it comes to getting the “most bang for the buck,” Houston ranks third in the country, according to a report from the residential real estate platform Home Bay.

Houston will soon be home to the first multistory 3D-printed structure in the United States. Construction began last week on the 4,000-square foot single-family home.

Houston’s luxury real estate market continued to thrive in August, according to the Houston Association of REALTORS® Multiple Listing Service. The priciest home sold last month was a 7,823 square-foot home in the Rice/Museum District.

Norada described Houston as “one of the all-time best places to invest in real estate,” noting its strong economy and employment opportunities.

Casoro Group has announced the sale of a multifamily complex in Houston. The Quinn South at Westchase, a 298,276-square-foot multifamily complex, was originally purchased by Casoro in 2018.

In the first seven months of 2022, construction contracts in Houston amounted to nearly $15.4 billion.

The real estate company Thompson Thrift has announced the sale of a 288-unit multifamily property in the Houston suburb of Conroe.

Homebuyers nationwide had more time to make decisions in August with the first year-over-year increase in median days on the market since June 2020.

Companies are ranked by percentage revenue growth from 2018 to 2021 and had to have earned at least $100,000 in revenue in 2018 and $2 million in 2021.

New listings, listings under contract and closings in the Houston area all remain behind last year’s pace, the latest Houston Association of REALTORS® weekly activity snapshot showed.

A shortage of buyers and scarce new listings are leading to an uptick in homes sitting on the market longer than a month. While this is good news for buyers, it’s a source of frustration for sellers, Redfin reports.