Local News

Real estate news in Houston

Spring selling season off to slow start in Houston

Greater Houston’s volume of new listings saw a 14.2% year-over-year decrease in week 11, according to the Houston Association of REALTORS® (HAR) weekly activity snapshot.

Johnson Development to host annual Best of the ‘Burbs tour

Johnson Development will showcase more than 100 model homes throughout Houston during the company’s annual Best of the ‘Burbs home tour in April and May.

Howard Hughes Corp. appoints new chief innovation officer

The Howard Hughes Corp. (HHC) recently announced that Jesse Carrillo has been named the company’s chief innovation officer. 

Manufactured homes in high demand amid affordable housing crisis 

Despite supply challenges, Texas housing manufacturers are optimistic as the spring selling season approaches, according to the latest survey by the Texas Manufactured Housing Association. 

Cross Creek Ranch sells land to school district

The 14.9-acre site, located along Fulshear Bend Drive, was purchased with Lamar CISD bond funds, according to a press release. The school is set to open in August 2024.

RE/MAX: Houston led the country in February home sales

Greater Houston saw the most significant increase in the U.S. for year-over-year home sales in February, according to the latest RE/MAX National Housing Report. Home sales were up nearly 21% from the same month in 2021. 

Developer launches sales gallery for The Residences at Tiki Island

Texas-based developer Legend Communities has officially opened an on-site sales gallery for The Residences at Tiki Island, a waterfront resort near Galveston.  

Astoria penthouse
Luxurious Astoria penthouse sells for $6.9M

A penthouse in the acclaimed Astoria high-rise recently sold for $6.9 million, marking the second-priciest penthouse sold in Houston, according to the Houston Association of REALTORS® Multiple Listing Service. 

No relief in sight for Houston’s dwindling housing inventory

Realtors entered 2,492 properties into the Multiple Listing Service (MLS) in week 10, a 9.6% drop from the same week in 2021, according to the Houston Association of REALTORS® weekly activity snapshot.

11 most-expensive Houston homes sold in February

Houston’s luxury market (homes priced above $1 million) saw higher-than-normal activity in February, with 33.5% more sales than during the same month in 2021. The most-expensive home sold in Houston last month was an 11,108-square-foot single-family home in the River Oaks Tall Timbers subdivision.

Houston suburb ranks as nation’s best city to live in

The Woodlands has claimed the No. 1 spot on Niche’s 2022 Best Cities to Live In America list. The Houston suburb beat out 227 other cities to secure first place and an overall rating of A+.

Coventry Homes opens models in two North Houston communities

Coventry Homes recently expanded its model home portfolio with new models opening in Escondido and The Highlands.

Illustrious River Oaks mansion sells for $16M

The Houston mansion once owned by the late Baron Ricky di Portanova and Baroness Alessandra di Portanova has been sold for $16 million.

Habitat for Humanity aims to soften housing crisis for mixed-income earners

Amid growing concerns regarding the lack of affordable housing across the nation, one master-planned community in Houston aims to provide a safe place to call home for families in the area.

First week of March uneventful for Houston real estate

Despite the slight uptick in new listings from last week, Houston’s numbers during the first week of March remained statistically flat compared to the same week in 2021. 

Steady consumer demand drives home prices to record highs, inventory to historic low

According to the Houston Association of REALTORS® February 2022 Market Update, single-family home sales totaled 7,372 last month, a 22.9% jump from the previous year. 

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