Local News

Real estate news in Houston

Pending home sales took a deep dive in April, but NAR upgrades its forecast

NAR’s chief economist says April’s decline could be the lowest point in the market, and that he expects it to bounce back soon.

Rent increases down in Houston in April

A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.

Redfin: Housing shortage prompts bidding wars

Good news for sellers: Homes on the market under $1 million are receiving multiple offers in desirable cities.

Existing-home sales drop 17.8% in April, but first-timers are coming back

Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new homebuyers.

Inventory Intel: Tomball’s Amira to add more than 400 additional homesites

Amira in Tomball is growing by 30%, adding 113 acres to its original 370 acres. The addition translates to more than 400 additional homes.

Builder confidence up after April drop; signs of rebound emerge

Builders are feeling more confident this month, a sign that the new-home market may have already hit bottom.

Buyer demand remains strong despite pandemic, says new report

RE/MAX’s recently released National Housing Report points to resiliency of market amidst coronavirus and economic concerns.

Are Houston’s opportunity zones living up to the hype?

New data looks at how prices in these areas have increased — or sometimes decreased — over time.

New report reveals coronavirus impact on Houston market

Stay-at-home orders and social distancing take a toll on home sales and rentals,
but pricing holds up.

Houston area teams make Top 250 Latino Agents list

The National Association of Hispanic Real Estate Professionals released its Top 250 Latino Agents Report, recognizing the best Latino agents in the business. How did Atlanta do?

Houston broker becomes first African American Berkshire Hathaway HomeServices franchise owner in the world

Tiffany Curry’s new brokerage has the distinction of being the first woman-owned BHHS franchise in Houston and the first African American-owned BHHS franchise in the world.

Newmark launches healthcare worker incentive

The Houston homebuilder recognizes local healthcare workers with new incentive program

New listings fall as pandemic concerns keep sellers on the sidelines

A new report offering the first full month of data showing the impact of the COVID-19 pandemic on residential real estate shows that sellers are taking a wait-and-see approach.

Compass Houston agents raise funds to support frontline workers

Compass Houston agents showcase their appreciation of frontline workers through Blue Ribbons for COMPASS-ion

New report predicts home prices will continue to rise in 2020

CoreLogic’s March Home Price Index report reveals initial effects of the economic fallout from the COVID-19 pandemic while forecasting slight price growth.

Luxury sellers are hitting the pause button amid economic concerns

Real estate listings are down across the country, but luxury listings are disappearing.

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