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Real estate news in Atlanta

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.

Gardner Capital recently announced its new Sugar Land senior residence, Gala at Four Corners, has received a funding commitment from the GCRE Impact Fund to install an on-site solar energy system as part of its sustainable energy commitment.

A new report revealed that new Houston listings continue to trail 2021’s mid-August pace, with 10.7% fewer properties entering the Multiple Listing Service last week than a year ago during the same period.

Off-market real estate app DropOffer is moving into six new markets, including Houston, Atlanta, Phoenix, Dallas, Charlotte and Tampa.

In Houston, 44.1% of offers faced competition last month

Homeowner equity skyrocketed again across the country in the second quarter of 2022 as home values continue to trend upward.

The frenetic pace of home sales that dominated the market throughout most of the pandemic continues to “slow its roll,” according to a new report.

Greater Houston’s luxury real estate market saw high activity levels in July, with Houston’s 10 priciest homes selling for a combined total of $54,388,000.

Community leaders, engineers, planners and members of the Woodforest development team gathered in the community on July 29 to dedicate two amenities named in honor of two men who have been integral in the development of Woodforest and Montgomery County.