Local News
Real estate news in Houston
Only 35% of Houston-area households could afford a median-priced home during the third quarter of the year. That’s the lowest housing affordability has been in Houston since 2012.
The agent with the most $1 million-plus listings was Laura Sweeney of COMPASS RE Texas, who accomplished a sales volume of over $71.8 million across 19 transactions.
Agents from Moreland Properties are responsible for the most expensive and second-most expensive new listings in the state of Texas.
Corcoran is expanding its Houston presence with the launch of Corcoran Prestige Realty.
“By adopting evidence-based WELL strategies, builders in Jubilee are highlighting their commitment to help make a positive impact in the community,” said Jessica Cooper, chief product officer for IWBI.
However, the average home sold in 38 days — a day faster than last year.
Among them: Mike Totten of The Mike & Mike Team Real Estate, who was named REALTOR® of the Year, and The Franklin Team at eXp Realty, named Team of the Year.
Marquette Companies broke ground on The Sylvan, a build-to-rent community in The Woodlands area.
Hillwood Communities began development on Legacy, an 805-acre master-planned community in League City.
Freddie Mac is set to launch DPA One, a down-payment assistance tool aimed at helping first-time homebuyers in Texas.
COMPASS agent Laura Sweeney tops the list of the most expensive Houston home sales yet again, this time representing both the buyer and the seller on a $14.5 million transaction in River Oaks.
Jubilee, a master-planned community in Hockley, announced it will include several enhanced wellness features in every home.
By raw numbers alone, Houston is the city with the most ongoing construction, thanks largely to the city’s lack of zoning rules.
Housing affordability has worsened in many parts of the country as wages fail to grow at the same pace as home prices — but Harris County is one area where wage increases are outpacing price increases.
J. Patrick Homes will begin construction on 70-foot homesites in October.
Houston is among the best cities in the world, according to World’s Best Cities’ 2024 ranking of the most desirable cities planet wide.