Local News

Real estate news in Houston

RentPath names new CEO after Redfin takeover

The new executive joins RentPath from ParkMobile, which provides an app to help drivers pay for metered parking remotely.

How far are Houston homeowners willing to commute?

With the increased number of professionals working remotely, today’s homebuyers are putting less of a premium on commute time and more on affordability.

Conroe: Shea Homes launches second Houston-area community 

The new community, deemed Evergreen, will span 740 acres and eventually accommodate 2,000 homes. The builder has dedicated 100 acres of the community to natural areas and green spaces, including an amenitized creek. 

Houston Business Journal announces its 2021 Residential Real Estate Awards winners

HBJ honored dozens of real estate teams and agents who came up on top in sales volumes and transactions over the past year.

HAR: Houston’s real estate buying blitz persists in June

The Houston market saw its 13th consecutive month of sales growth, although the pace slowed. 

Homebuying competition lessens in Houston. Could the market be losing steam?

The competitive homebuying market showed signs of loosening up last month as bidding wars dropped from May despite being higher than they were a year ago. 

Magnolia: Coventry Homes set to build new master-planned community in Escondido

There’s a new boutique master-planned community coming to town! Potential buyers can join a waitlist to secure first dibs on a new home, priced from the low $300,000s. 

Katy: MC Companies buys 648-unit multifamily property on Barker Cypress 

The Enclave at Cypress Park Apartments and Paramount Apartments will be combined and rebranded as The Place at Barker Cypress. 

How long would it take a renter to save up for a down payment in today’s market?

It could take Houston-area renters more than seven years to save for a down payment in today’s market.

The 11 most expensive Houston homes sold in June

The most expensive home sold for $5,950,000 in River Oaks by Walter Bering.

Cypress: U.S. Army Vet and family to receive key to their new mortgage-free Perry Home 

U.S. Army Staff Sergeant Stephen Netzley and his daughter will receive the keys to their brand new mortgage-free Perry home in the master-planned community of Bridgeland this Friday, July 9. 

Median rental price hits highest point in two years

Houston rents jumped 4.3% year over year in May.

New listings growth seen across U.S. markets in June

Housing markets across the country saw new listings growth in June, as the median list price hit yet another all-time high, and Houston was no exception. 

S&P CoreLogic Case-Shiller: Home-price gains “truly extraordinary” 

The 10-city composite index rose 1.9% on a monthly basis and 14.4% on a yearly basis, while the 20-city composite rose 2.1% monthly and 14.9% annually.    

Landowning behemoth Walton Global steps into build-to-rent segment with huge land bank

The real estate investment and land asset-management company has identified 17 near-term development opportunities and is in advanced negotiations to develop build-to-rent communities with about 2,500 units across the country.

New gated community breaks ground near Highland Heights

Located at 351 East Parker Rd., Green Park connects to Northline Park and is the first new residential development in the Northside/Northline/East Parker community.

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