Local News
Real estate news in Houston

The Howard Hughes Corp. (HHC) announced seven homebuilders for Prairieland Village, the third of four villages in the 11,500-acre master-planned Bridgeland community in Cypress.

While the competition was not quite as strong across Houston, the 62.4% rate on offers this past April was a slight bump from the 60.4% rate in March, and a dramatic rise from the 36.2% rate in April 2020.

Josey Lake, Bridgeland’s 140-acre waterway, won the Urban Land Institute’s People’s Choice Award for the creative and thoughtful way it combines nature and development.

The builder’s Houston division won the Avid Gold Award for extraordinary customer service for production in the South Central region of the U.S.

As Houston’s luxury home market stays red-hot, nine Houston buyer’s agents helped clients purchase the 10 most expensive homes in April priced up to $7,450,000.

Houston saw an increase in single-family home sales, total property sales, total dollar volume sales, new listings, pending listings, closings and showings compared to April 2020.

Practically every single one of the 183 metro areas tracked by the NAR saw significant year-over-year increases in the price of homes during the first quarter, with the median sales price of a single-family home in Houston jumping to 14.9% on a year-over-year basis to $281,800.

Industrial Paint and Protection Magazine examined which residential markets are booming and where construction workers are in high demand, but make a reasonable wage.

The housing market hit records last month as home prices reached an all-time high and homes sold faster than ever.

The developer plans to turn the land into an agrarian-inspired residential community and approximately 1,200 homes are expected.

Veranda’s 45-foot lots, priced from the $300,000s, have been especially popular and only a handful remain.

Houston has been ranked as the sixth moving destination by Penske Truck Rental in its 11th annual Top Moving Destinations list.

The acquirer is a partnership between Chairman and CEO Rick Davidson, who most recently served as global CEO of Realogy Real Estate Services Corp.’s Century 21 Real Estate unit, and private equity firm Aperion Management.

Thirteen communities across Houston display model homes as part of the annual tour, which was extended by a month to meet the high interest in new homes and maintain social distancing.

Low mortgage rates and low inventory levels are making the demand for homebuilding more attractive to buyers in Houston and nationwide.

The Houston Association of Realtors’ FRESH report briefly covers new listings, active listings and average list price for single-family homes activity in April 2021 compared to April 2020.