Local News

Real estate news in Atlanta

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.

Texas No. 2 state to own a ‘tiny home’

The financial service provider IPX1031 has conducted a study to determine the overall best states in which to own a tiny home.

Home supply sees largest decline since pandemic’s start

December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.

Project aims to mentor a diverse generation of Houston real estate leaders

The Howard Hughes Corporation is partnering with Project Destined to mentor a more diverse generation of new leaders in Houston’s real estate industry.

Forbes Global Properties expands into Houston in deal with Baker & Co. 

Two luxury real estate specialists have joined forces in the Houston market as Forbes Global Properties welcomes Baker & Co. into its network.

Mortgage applications, interest rates rise first week of January

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan

Houston sets new records for single-family home sales and average price in 2021

The Houston area set annual records for single-family home sales, average sale price, and total sales dollar volume in 2021.

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