Local News

Real estate news in Houston

This week in Houston real estate: Former Sharpstown Mall, New Katy development and more

PlazAmericas, formerly known as the Sharpstown shopping center in the Sharpstown neighborhood of West Houston, has a new owner that’s looking to revitalize the aging mall. Houston-based Baker Katz principal Jason Baker told the Chronicle that the plan is

This Week in Houston Real Estate: A gentrifying city, Texas growth and more

A new study conducted by Rice University’s Kinder Institute for Urban Research shows that many of neighborhoods that lie inside the 610 Loop have the potential to become gentrified. The report breaks tracts of the city down by three

This week in Houston: Affordable home sales nosedive, Opportunity Zone program and more

Home sales in November decreased compared to last year, and affordable home sales were hit hard last month. The Houston Association of Realtors has released a report which says that sales of homes priced between $100,000 to $149,000 were down by

Houston home prices reach highest levels ever for a November

Even though home sales declined 2 percent in November year-over-year, Houston’s 2018 residential real estate market will still go down in the books as a more productive one than 2017, according to the latest monthly report from the Houston

Real Estate in Brief: Zillow sees promising value appreciation in Houston and more

Home value growth is expected to do better than the national average in several cities that were snubbed by Amazon for its second headquarters, according to a panel of real estate economists and investors. While four cities, including Dallas,

This Week in Houston Real Estate: Home equity gains, new industrial developments and more

A new report by Corelogic outlines a lag the Houston area faces in home equity gains relative to many other large U.S. cities. The report shows that the average home gained about $6,600 from the third quarter of 2017 till the

This Week in Houston Real Estate: Warehouse rehabs, record-low unemployment and more

Houston developers Steve Radom and Scott Arnoldy have teamed up on new building renovation project M-K-T. The developers are looking to remodel a 12-acre site in the Heights district into a 200,000 square foot location consisting of high-end office space, retail locations, restaurants and a fitness center.

houston-real-estate-this-week-luxury-condo-economy-amazong-jobs-apartments-gary-greene
Houston ranks No. 1 in list of U.S. cities with largest homes

Houston ranked No.1 in a list of U.S. cities with the largest home sizes, according to a study conducted by LendingTree. The database evaluated the median home size and value for single-family homes, finding the cost per square foot

greater-houston-top-school-district-friendswood-katy-pearland
Fort Bend ISD saw the highest number of new home starts

The Fort Bend Independent School District had the most annual new home starts within its perimeters among all Houston area districts, according to new housing research data from Metrostudy. The study found that within the 12-month period, ending in September 2018,

This Week in Real Estate: iBuyers come to Houston, the Development of Distinction Awards 2019 finalists, and more

New tech-savvy companies have entered the housing industry, are challenging traditional real estate agents, and are now moving to the Houston area. These companies, called iBuyers, are products of a developing industry of technology centric real estate companies. These companies purchase homes

Houston home sales rise in October

In good news for the local housing market, the Houston Association of Realtors reports that home sales saw an upswing in October. Single-family home sales are up 4.7 percent in October compared to last year, rising from 6,417 homes

Compass officially launches in Houston

Residential real estate company Compass has officially made its Houston launch, with eight agents officially signed on with the tech-focused company.  The agents who have joined the new-to-Houston brokerage are Courtney Robertson, Carol Rowley, Caroline Bean, Louise Carter and

KB Home names new Houston and San Antonio division presidents

Brett Dietz was named KB Home’s Houston division president, with Rob Wasyliw taking over as the president of the San Antonio division.  After contributing more than 20 years of employment at KB Home as the senior vice president of finance for the Houston division as well as division president of the San Antonio branch, Dietz is returning to Space City. Dietz

This Week in Real Estate: Affordable housing project breaks ground, Bridgeland MPC expands and more

New Hope Housing Inc. is breaking ground on its first affordable housing project before the end of the year. The $28 million project is funded from a mix of different sources, including $14 million in low income tax subsidies,

Houston-Suburbs-competitive-june-2015-redfin
West University Place named best city to live in

West University Place was named the best city to live in, according to a recently published study by 24/7 Wall Street and USAToday. But city officials already knew that tweeting, “Per @USATODAY – West U is the best city

Developing Houston: Build a lifetime of lasting memories at Pomona by Hillwood Communities

Everything is done at a higher level at Pomona, an approximately 1,000-acre, master-planned community of single-family homes off of Highway 288, south of Pearland in Manvel. The list of builders that developer Hillwood Communities, a Perot Company, has partnered

Oops! We could not locate your form.