Amid growing concerns regarding the lack of affordable housing across the nation, one master-planned community in Houston aims to provide a safe place to call home for families in the area.

Despite the slight uptick in new listings from last week, Houston’s numbers during the first week of March remained statistically flat compared to the same week in 2021. 

According to the Houston Association of REALTORS® February 2022 Market Update, single-family home sales totaled 7,372 last month, a 22.9% jump from the previous year. 

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.

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.

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

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. 

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 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 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.

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

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.

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.

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. 

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

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