Local News
Real estate news in Houston

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

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

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

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

“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

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

The Houston area’s 10 most expensive home sales of 2021 were listed at more than $7 million up to nearly $11 million on the high end, according to a news release from the Houston Association of REALTORS.

United Real Estate has merged with Texas United Realty to create one of the largest independently owned brokerages in Houston, a press release announced Monday.

Larry Johnson founded Johnson Development Corp. in 1975 and built it into one of Texas’ most successful real estate companies. He anticipated Houston’s growth into one of the country’s largest cities and the ensuing demand for housing, helping him build his business legacy.

The Houston area is home to 10 of the top-selling master-planned communities in the nation, according to a year-end report by RCLCO Real Estate Consulting.

With most consumers still in holiday mode during the final week of 2021, new Houston listings fell short of last year’s numbers for a second consecutive week.

The low number of active single-family home listings in December was yet another reflection of the record-setting pace of home-buying in Houston leading up to the holidays.

Houston’s new and active single-family home listings in December fell behind 2020 levels while average listing prices reached a record high, according to a new report by the Houston Association of REALTORS® (HAR).

Coventry Homes recently launched sales of new homes in Dunham Pointe, a master-planned community in Cypress. The builder is offering designs for 50- and 70-foot sites, according to a press release.

Phoenix, followed by Tampa, Fla., and Miami, claimed the largest price gains among the 20 metro areas in the index. according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

The holiday season is in full swing, causing slower activity in the Houston real estate market, according to the Houston Association of REALTORS® weekly activity snapshot.