Under his leadership, Land Tejas has developed over 15,000 acres of land, becoming one of the largest master-planned community developers in the Houston area.

The 200-acre community includes 250 homesites, the largest of which are one acre. M/I will serve as the exclusive homebuilder.

Dallas agent Michelle Wood of Compass RE Texas is responsible for listing two of the 10 most expensive new listings in the Lone Star State.

Most of the Bayou City’s new apartments — over 7,700 — are located in Houston proper, followed by Cypress at 1,343 units and Spring at 1,109.

Nationally, home sales rose 0.6% year over year but slid 0.7% month over month, RE/MAX said. 

The Joy Hub features an 11,000-square-foot pool with the Clear Comfort Hydroxyl-Based Advanced Oxidation Process, a treatment system that uses 50% fewer chemicals than typical chlorinated pools.

International transactions increased 9% year over year, with 7,500 purchases made by foreign homebuyers.

Compass agent Laura Sweeney listed the top three most expensive homes sold in greater Houston last month, plus two other homes in the top 10.

Given that increased affordability, Houston households needed a yearly income of at least $98,400 to afford a median-priced home, down 2% year over year.

All but three communities on HAR’s list had prices lower than the area median average ($450,235).

Three of the most expensive new listings in Texas are located on the same street — West Friar Tuck Lane — in Houston.

Nationally, the pace of home-price appreciation declined to its slowest pace in almost two years, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

A new report from U-Haul identified the most common states of origin for do-it-yourself movers who relocated to Houston.

Sunterra, a Katy master-planned community from Land Tejas and Starwood Land, was the top-selling MPC in the area — and in Texas — with 543 new-home sales from January through June.

The building features 209 apartments, 2,900 square feet of retail space and amenities including a fitness center, lounge, dog run and outdoor pool with cold plunge and hot tub.

A U.S. District Court judge in Texas dismissed an antitrust case that alleged the National Association of REALTORS’® policy of mandatory involvement in local, state and national Realtor associations violates federal antitrust laws.