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. 

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

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

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

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. 

Houston rents jumped 4.3% year over year in May.

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. 

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.    

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.

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.

New listings also lost their momentum during the week, lowering hopes that the limited supply of homes on the market would be replenished soon.

The median existing-home price for all housing types rose to $350,300 in May, marking another new record.

The annexed acreage will add about 1,400 homes to the master-planned community, as well as new amenities. Sales are expected to start in the fall of 2022.

Inventory levels rebounded last month, finally showing signs of recovery following a year of historical declines.

The typical increase in home sales as summer approaches failed to materialize nationwide last month, with average sales dropping 0.2% from April to May, but month-over-month sales in Houston bucked the trend, climbing 1.3%, according to the RE/MAX May National Housing Report.

The new development is expected to begin home sales next year and will have about 2,300 homesites.