Local News

Real estate news in Houston

Memorial: Patten Title Company announces new senior escrow officer to open new location

As the new senior escrow officer and branch manager for the company’s new Memorial location, Davila will oversee office operations, assist customers and uphold the company’s service standards.

HomeLight launches new tools to help agents win bidding wars and sell homes

The company’s new financial offerings, HomeLight Trade-In and HomeLight Cash Offer, enable top agents to make real estate transactions possible for countless individuals who otherwise wouldn’t be able to compete in today’s cutthroat market.

Houston home prices reach new highs in May

Home-price growth remained in double digits for the 10th straight month in May as inventory lows pushed the median listing prices up 15.2% from last year.

Howard Hughes Corp. offering free generators with new home purchases

The company is offering a free Bronco Power Boost generator to those who buy a new home in Bridgeland or The Woodlands Hills this month.

Houston named one of the top five hottest markets for real estate investing

MyHouseDeals determined Houston was one of the hottest markets for residential real estate investing after analyzing the following: wholesale real estate deals, foreclosures, motivates Multiple Listing Service (MLS) deals and motivated seller deals.

Friendswood: Taylor Morrison breaks ground on new Avalon development

The homes will be priced from the $420,000s and centered around the 36-acre Friendswood Lake.

Houston’s new and pending listings drop for the first time in weeks

New, pending and off-market listings are all down, while the number of closings climbs as Houston’s housing market continues to struggle to keep up with demand.

Texas agent Ben Caballero breaks world record with $2.46 billion sales volume

A current Guinness World Record title holder, Caballero has been ranked the No. 1 real estate agent in the U.S. since 2013 by RealTrends and individually sold 6,438 homes in 2020.

Martha Turner Sotheby’s names Allison Johanson vice president of sales

Johanson will serve as VP of sales for the luxury real estate firm’s six Houston offices, helping with strategic growth, agent recruitment and development, and sales transaction consultations.

Housing-price increases continue to gain steam

The national year-over-year gain is the highest recorded since December 2005, Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Indexes, said in a press release.

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Half of homes sold above asking price last month, but some wonder if demand has peaked

Housing records continue to be broken, but despite the strong numbers, data could indicate homebuyer demand is reaching a peak.

Humble: Perry Homes opens new model home, selling now in Balmoral community

Potential homebuyers can choose from 28 one- and two-story floor plans in a gated section of the master-planned community, ranging from 2,100 to 3,200 square feet and priced from the $360,000s.

Huntsville: Over 900 new homes proposed for master-planned community

The proposal by developer Waterstone would add 900 new homes to an area spanning 230 acres.

Houston’s lot inventory presents dilemma to housing market

Houston has enjoyed an exceptionally competitive and prosperous new-home market, but a tight lot inventory presents challenges to the growing market.

In Texas, five people move in for every one person who leaves

With the eighth-lowest tax rate in the country, Texas attracts people from all over.

Patten Properties donates $155K to help American veterans with PTSD

“Camp Hope is doing inspiring work for our country, and we were passionate about helping them to meet an important need for veterans during a critical time.” – Gary Sumner, managing partner for Patten Properties.

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