Local News

Real estate news in Houston

HAR report shows surge in new Houston listings

New listings rose 8.9% in June, with Realtors entering 15,238 properties into the Multiple Listing Service (MLS) versus 13,988 a year earlier.

Homeowner equity surges in Houston amid rising housing prices

In the first quarter of 2022, Houston homeowners gained an average of $46,500 in equity year over year, according to a recent CoreLogic report.

RE/MAX Around Atlanta hires two Houston-area agents 

The new agents will continue to serve clients at Sugar Land, Texas-based RE/MAX Fine Properties, while growing their business in Atlanta. 

Housing inventory rebounds at record rate in largest metros, and Houston is on trend, Realtor.com reports

The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the report.

French-style home in River Oaks listed for $17.9M

Spanning 11,248 square feet on 1.7 acres, the estate was listed by Nancy Almodovar, CEO of Nan and Company Properties, for $17,995,000.

New listings maintain steady momentum as buyer interest remains high

Interest in the housing market is strong as listing activity across Greater Houston remains steady, albeit slower-paced than last year, according to a new report by the Houston Association of REALTORS®.

The South shows strongest price, according to new S&P CoreLogic Case-Shiller Index

What does the latest S&P CoreLogic Case-Shiller Index reveal about Houston real estate?

Mortgage payments up 46.4% in Houston, as housing affordability hits 15-year low

Houston mortgage payments have grown 46.4%, as housing affordability hits a 15-year low, according to a new report.  Zillow’s latest market report found rising mortgage costs, along with skyrocketing prices and interest rates have made mortgages less affordable than

10 most-expensive active Texas listings in June

Activity is on the rise in the Texas luxury real estate market as lower-priced housing inventory struggles to keep up with the relentless demand of prospective buyers.

Texas among top 10 most fun states

When you consider entertainment, recreation, nightlife, parties and overall costs, it turns out, Texas is a pretty fun state! And that has a positive effect on Houston real estate.

Houston new-home prices hit record high in May

Houston’s new-home sales defied inventory challenges and rose for the fourth straight month in May. New homes sold faster and at a higher average price than the previous month, according to HomesUSA.com.

Houston No. 4 nationally for iBuyer service home sales

Houston was fourth on the list with 844 iBuyer home sales in the first quarter, accounting for 3.5% of home sales in the market.

New Coventry Homes program offers money-saving options

Houston-area buyers who finance a Coventry home through the builder’s preferred lender between June 17-30 can choose from three options to alleviate concerns over rising home prices and interest rates.

Texas sees spike in foreclosure activity in May

Texas registered the third-highest number of foreclosure starts last month, according to a new ATTOM market report.

Japanese builder acquires Texas-based Chesmar Homes for $514M

As part of the agreement, Sekisui House will acquire Chesmar Homes, CLM Mortgage, Inc., Entitled Insurance, Inc. and N Title, Inc.

Houston’s housing supply struggles to keep pace with job growth

For every single-family home or apartment permit generated in Houston in the past year, there were 2.2 jobs created.

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