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Real estate news in Atlanta
When it comes to getting the “most bang for the buck,” Houston ranks third in the country, according to a report from the residential real estate platform Home Bay.
Houston will soon be home to the first multistory 3D-printed structure in the United States. Construction began last week on the 4,000-square foot single-family home.
Houston’s luxury real estate market continued to thrive in August, according to the Houston Association of REALTORS® Multiple Listing Service. The priciest home sold last month was a 7,823 square-foot home in the Rice/Museum District.
Norada described Houston as “one of the all-time best places to invest in real estate,” noting its strong economy and employment opportunities.
Casoro Group has announced the sale of a multifamily complex in Houston. The Quinn South at Westchase, a 298,276-square-foot multifamily complex, was originally purchased by Casoro in 2018.
In the first seven months of 2022, construction contracts in Houston amounted to nearly $15.4 billion.
The real estate company Thompson Thrift has announced the sale of a 288-unit multifamily property in the Houston suburb of Conroe.
Homebuyers nationwide had more time to make decisions in August with the first year-over-year increase in median days on the market since June 2020.
Companies are ranked by percentage revenue growth from 2018 to 2021 and had to have earned at least $100,000 in revenue in 2018 and $2 million in 2021.
New listings, listings under contract and closings in the Houston area all remain behind last year’s pace, the latest Houston Association of REALTORS® weekly activity snapshot showed.
A shortage of buyers and scarce new listings are leading to an uptick in homes sitting on the market longer than a month. While this is good news for buyers, it’s a source of frustration for sellers, Redfin reports.
Gardner Capital recently announced its new Sugar Land senior residence, Gala at Four Corners, has received a funding commitment from the GCRE Impact Fund to install an on-site solar energy system as part of its sustainable energy commitment.
A new report revealed that new Houston listings continue to trail 2021’s mid-August pace, with 10.7% fewer properties entering the Multiple Listing Service last week than a year ago during the same period.
Off-market real estate app DropOffer is moving into six new markets, including Houston, Atlanta, Phoenix, Dallas, Charlotte and Tampa.
In Houston, 44.1% of offers faced competition last month
Homeowner equity skyrocketed again across the country in the second quarter of 2022 as home values continue to trend upward.
