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Real estate news in Houston

Inflation a source of frustration among Houston renters

Currently, median rents in Houston stand at $1,012 for a one-bedroom apartment and $1,204 for a two-bedroom. Houston’s median two-bedroom rent is below the national average of $1,294, an Apartment List report noted.

Sienna houston texas
Sienna celebrates anniversary, reflects on milestones

This year marks the 25th year of new home sales for Sienna, which was ranked among the nation’s top-selling master-planned communities in January.

Jordan Ranch community celebrates significant milestone 

More than 1,000 homes have been sold in Jordan Ranch since builders initially launched sales in the community just over five years ago.

HomesUSA: Houston’s new-home market ‘inching its way back to normal’

Despite inventory challenges, the market for new homes in Houston is showing signs of improvement. A new report from HomesUSA.com revealed that new homes are staying on the market longer and prices and sales are stabilizing. 

Builder to introduce new series of home designs in Jordan Ranch

J. Patrick Homes recently announced plans to debut a new series of floor plans that will extend the builder’s current range of offerings.

Coldwell Banker appoints new regional vice president of Houston

Coldwell Banker Realty announced this week that Lisa Fleming has been named regional vice president of the company’s Houston region, where she will lead 15 offices and approximately 1,100 sales associates. 

Houston’s housing market remains strong as new listings trend positively

Houston’s new home listings began to level out during the week ended Feb. 28, following skewed readings resulting from the mid-February winter freeze in 2021.

Rental scams ensnare more Houstonians, HAR reports

The Houston Association of Realtors® is partnering with Crime Stoppers of Houston and Clear Channel Outdoor to curb rental fraud.

Houston ranked the No. 29 least-affordable housing market in the U.S.

A Houston household earning the median annual salary of $57,800 would need to spend 37% of that salary to afford the median-priced home of $334,000.

Millennial demand driving up prices in family-friendly neighborhoods

Across the country, 10% of ZIP codes with the largest share of children had an average home value growth of 21.3% from October 2020 to October 2021.

Rent-to-own housing company launches in Atlanta, Phoenix with plans to expand to Texas

Pathway Homes was formed by ResiLabs, a partnership between real estate private equity investor Regis Group, single-family rental landlord Invitation Homes Inc. and venture-capital firm Fifth Wall. 

Houston rents, mortgages both on the rise and breaking records

Rising prices and rates are driving up mortgage payments which are pushing up demand for rentals.

Blackstone unit acquiring two Houston apartment communities as part of $3.7 billion deal 

The properties are part of a 42-community portfolio belonging to Philadelphia-based landlord Resource REIT Inc. 

Inventory falls 40% from pre-pandemic levels, as home values accelerate

Rent growth also slowed in December, posting the lowest monthly increase since February 2020.

Houston No. 3 most neighborly city in America

StorageCafe surveyed 11,000 Americans to determine what, exactly, makes a friendly community — and where those communities are.

Two executives with United Real Estate in Texas named among most influential industry leaders

United Real Estate Group CEO Dan Duffy and President Rick Haase were both named to the annual Swanepoel T3 Sixty Group SP 200 list.

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