Local News

Real estate news in Atlanta

Houston market hits winter freeze as new listings continue downward trend

The number of new listings in the Houston real estate market continue to trail 2020 levels as they closed out their sixth consecutive week of declines on Dec. 20, according to the Houston Association of Realtors (HAR) weekly activity snapshot. 

Eviction crisis unfolds as courts process backlog of filed cases

Eviction filings are rising as millions of Americans are being forced from their homes months after lawmakers allowed the federally imposed eviction moratorium to expire. 

HAR adds Spanish language option to its MLS platform

The Houston Association of Realtors (HAR) has introduced a Spanish language option to its Multiple Listing Service (MLS) platform in response to the state’s growing Spanish-speaking population.

Houston housing market maintains momentum in November

“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey

ERA Real Estate expands Texas presence with Legacy Living affiliation

ERA Real Estate has affiliated with ERA Legacy Living, making Legacy Living the 19th Texas brokerage in the ERA network, according to a press release.

Houston’s mid-December market numbers trail behind 2020 levels

New Houston listings have fallen behind 2020 by 17%, down for the fifth straight week, according to the Houston Association of Realtors weekly activity snapshot. 

Redfin reports 10 housing records set in 2021

The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report. 

NAR applauds President Biden’s nomination of FHFA director

The National Association of REALTORS®  applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.

Harris ranked state’s fastest-growing county

Three of the 10 fastest-growing counties in Texas are in the Houston metropolitan area, according to a recent Stacker report.

NAR donated nearly 3,500 meals to Americans in last six months

As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release. 

Houston’s Asset Living acquires Atlanta-based apartment-services firm

JMG Realty provides management, redevelopment, financial and investment services for multifamily, affordable and build-to-rent real estate properties to both private and institutional owners.

Jordan Ranch adds more than 400 lots

Jordan Ranch recently increased its developed homesites by nearly 40% with the release of 415 properties. The new sections accommodate a wide assortment of home designs ranging from 40-70 feet wide.

Survey: Millennial homeowners most burdened by debt, homeownership costs

Millennials are at the greatest risk of becoming house-rich and cash-poor as the generation is spending the highest percentage of their monthly income on homeownership costs compared to other generations, according to a new Hometap report.

Coventry Homes expands offerings in Escondido

Coventry Homes announced plans to expand into the Magnolia community of Escondido, where it will offer more extensive floor plans priced from the mid $300,000s. Sales launched this week, according to a press release. 

New home listings gained traction after Thanksgiving, still down from 2020

While Houston saw an increase in new home listings after Thanksgiving, numbers for the week ended Dec. 6 are still trailing behind the same time period last year, down 6% compared to 2020.

Master-planned Audubon moves into second phase with new builders

Nearly 100 new homesites are available in the 3,000-acre community of Audubon, where Drees Custom Homes and Perry Homes recently launched sales, according to a press release. Empire Communities will join Drees and Perry as the community’s third newest builder.

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