Local News

Real estate news in Atlanta

Home prices surge across the board in Q1, and Houston is no exception

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.

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Houston ranked No. 2 best city for construction workers

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

April housing market sets records for sales and speed

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

Bold Fox Development Closes on 470-Acre Waller Property

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

Homes going fast in Veranda in Richmond

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

Houston named a top moving destination in U.S.

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

Private equity-backed firm acquires JP & Associates Realtors

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.

Johnson Development’s “Best of the ‘Burbs” home tour continues into May

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.

New-construction home sales soar to record highs

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

HAR report shows surges in home prices and new listings

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.

Douglas Elliman expands into Texas market with Bravo’s Million Dollar Listing stars

The famous trio Fredrik Eklund, Julia Spillman and John Gomes will begin listing homes in Houston and throughout the state through Douglas Elliman.

Texas homebuyers more diverse, make more money than national average

The annual report highlights the demographics of Texas homebuyers who had real estate transactions between July 2019 and June 2020, as well as their motivations for buying a home and their perceptions of the home buying and selling process.

JV acquiring almost 2,000 homes throughout the South for single-family rentals

Transcendent Electra, a partnership between Transcendent Investment Management and Electra America, has $496 million of properties in contract process and closing and another $1 billion in the pipeline.

Landsea Homes to acquire Vintage Estate Homes

With the acquisition, publicly traded Landsea Homes will enter the Texas and Florida housing markets.

The Eighth Annual Who’s Who in Houston Residential Real Estate is here

The 2021 edition of Who’s Who in Houston Residential Real Estate recognizes agents, brokers, lenders, developers, association executives and affiliates who dedicate themselves to the local real estate industry.

Home seller profits up nationwide as market averts COVID damage

In 40% of metro areas analyzed, home prices in the first quarter hit or tied new peaks according to the report, including Houston. 

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