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Real estate news in Houston

It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.

May home sales maintained a healthy pace despite climbing housing prices and mortgage interest rates. And, due partly to an increase in new listings, housing inventory reached its highest level of the year, HAR reports.

New York City-based Lone Star Capital Group recently purchased Parc at Champion Forest, a workforce housing community in the Champions area of Houston.

Nationally, the index posted its highest annual increase ever.

Most of the single-family homes are in Texas, Georgia, Alabama and Oklahoma.

Texas is home to more Fortune 500 companies than any other state, according to the 68th edition of Fortune’s annual ranking of America’s largest companies.

An estimated 14-23 million people moved in 2021, and according to a recent survey by truck rental company Penske, most of them headed to the Lone Star State.

Soaring home prices and markedly diminished inventory are suppressing housing affordability for many nationwide who are simultaneously dealing with a third roadblock: sharp mortgage rate growth.

Buy with Orchard gives first-time buyers the power of a cash offer to appeal to sellers and make homeownership more attainable.

Luxury real estate firm Douglas Elliman Realty has appointed James Horne as its new senior executive manager of sales for Houston.

With suburban home value growth surpassing that of urban homes, the most popular areas appear to be outside the city. Which Houston suburb is the hottest?

Houston’s housing supply challenges were no match for new-home sales last month, according to the latest monthly report from HomesUSA.

Ten equity-rich metropolitan areas saw gains of at least 25% in just one year. All but Arizona were in southern states, including Texas, Florida and North Carolina.

A 12,522-square-foot home in Houston’s Sherwood Forest ranked fifth on the list of the 10 priciest homes listed for sale in Texas during the last 30 days.

A new report by the Tax Foundation ranks Texas No. 14 in the country when it comes to business tax climate.

A total of 2,449 property listings went under contract in week 18, an 18.4% decline from the same week in 2021.