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Real estate news in Atlanta

Howard Hughes Corp consolidates offices after cutting nearly two-thirds of its workforce

Woodlands-based developer HHC is undergoing changes in office space among recent shifts in personnel and has moved both national and regional offices to The Woodland Towers at The Waterway.

Two builders team up on 51-acre Rosehill Meadows community in Magnolia

Led by builders Devon Street Homes and Colina Homes, Rosehill Meadows will span 51 acres and include approximately 250 homesites, ranging from $220,000s to $300,000s.

Houston rent holds steady following a year COVID

Rent rates nationwide have been decreasing since the onset of the pandemic, but new data shows that in some cities, this could be changing in the near future.

Sienna opens model home park in Missouri City

The new model home park will showcase nine new model homes in the master-planned Sienna community’s Village of Sienna Oaks.

Millennials gain a foothold in today’s housing market

As they come of peak age for first-time homeownership, millennials are gaining an increasing share of today’s housing market.

Midweek listings in Houston selling for a little more

Homes listed on a Tuesday, Wednesday or Thursday are selling for more than those listed on the weekend, but how much varies by metro area.

Houston’s housing supply shortage expected to continue for some time

The housing supply shortage is expected to get more extreme as homebuyer demand continues to outweigh inventory levels, a new study found.

The 10 most expensive Houston homes sold in March

Who had the 10 most expensive deals in the Houston area in March?

Homeownership remains affordable despite price increases

Rising wages and falling mortgage rates are helping keep homeownership within reach of average wage earners nationwide despite surges in housing prices.

Home prices hit 15-year high nationwide

Prices in the Houston metro area were up 6.3% over February 2020. CoreLogic classified Houston’s market as “overvalued.”

NAR: Southern home prices up nearly 13.6%

“Despite the drop in home sales for February — which I would attribute to historically-low inventory — the market is still outperforming pre-pandemic levels.” NAR Chief Economist Lawrence Yun

Underwater homes down in metro Chicago

Nationally, homeowners with mortgages saw their home equity increase by 16.2% year-over-year from the fourth quarter of 2019.

Texas jumps seven spots to 31 in 2021 best states list

It also ranks among the top 10 states in the economy and fiscal stability categories.

Houston ranked 3rd most in-demand city based on mortgage loans

The mortgage lender looked at the average salaries of successful applicants in each city, their average FICO credit scores, the average size of their loan requests and the median list price for that location.

Nearly a third of Houston homes face bidding wars

For the ninth month in a row, Redfin is reporting more than half the homes offered by their agents are facing competition at 56%.

What must you earn to afford a Houston home payment?

The website, which notes that housing costs take up about one third of average spending for households, configured data by assessing the median home value and mortgage payment to show the minimum level of income necessary.

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