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Real estate news in Houston

The share of homes selling above list price continues decline, now below 2016 levels

As home price growth slows, the percentage of homes that are going for above their asking price is decreasing. For the four weeks ending on September 23, Redfin found that only 22.9 percent of the homes sold for more than their asking

Houston Housing Authority names new senior vice president

Mark Thiele was named the new senior vice president by the Houston Housing Authority, overseeing housing programs that serve more than 60,000 Houston residents. In this new role, Thiele will oversee the main operational voucher, public housing programs and

This Week in Houston Real Estate: One of Houston’s oldest houses is on the market, new apartments on the way and more

One of the oldest homes in the Houston area is on the market with the listing price of $2.28 million. The 3,719-square foot, five-bedroom home was built as a model home for buyers in the 1890s. The home is

This Week in Houston Real Estate: Texas ranks for its diversity, luxury apartments are coming across the city and more

Houston’s population continues to grow and one of its attractions might be just how fun it is to live here. WalletHub recently ranked Houston as one of the most fun cities in the country. The website looked at 65

Texas Association of Realtors inaugurates 2019 officers

The Texas Association of Realtors installed its 2019 officers during the Texas Realtors Conference in San Antonio on Saturday, Sept. 8.  Incoming officers include the following: Chairman Tray Bates from Corpus Christi is the president and broker/owner at Bates

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These Houston ZIP codes have the largest millennial populations

As millennials are expected to become the largest generation in history, it is no surprise the population’s location dynamic has been shifting. With Generation Y making up most of the labor force, millennials are following jobs that are relocating

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Texas home sales break the 100,000 mark in the second quarter

Texas continues its strong sales streak as the second quarter of 2018 saw a rise in both homes sold and median home prices. According to the Texas Association of Realtors’ Quarterly Housing Report, a record 100,227 homes were sold

This Week in Houston Real Estate: Texas millennials carry the most debt, Opendoor now in Houston and more

A recent LendingTree study shows Texas millennials carry the most debt in the U.S., primarily consisting of student and auto loans. After analyzing debt in the 50 biggest U.S. cities, the average debt balance for millennials in any city

Houston home sales show resilience despite Harvey distortion

August marked the one year anniversary of Hurricane Harvey’s landfall off the coast of Texas. As some parts of the city continue to recover from the impact of the massive storm, the real estate market overall in Houston has

International homebuyers add more than $10 billion to Texas economy

According to the U.S. Census Bureau, nearly 4.5 million residents in Texas were born outside of the United States. As the immigrant population increases in the Lone Star state, international homebuyers make up a growing percentage of the market.

Designing Houston homes: A Q&A with architect Jay Baker

Jay Baker began his architectural firm Jay Baker Architects on January 1, 1991. In the beginning he focused on single-family homes for an end user. Now he has expanded the company’s services to include additions, master planning and more.

Developing Houston: Highly-amenitized gated MPC meets the demands of active lifestyles at Spring Brook Village

Since it opened a few weeks ago, hundreds of homebuyers seeking an active lifestyle community and top Realtors have already visited Spring Brook Village by Meritage Homes. Situated on a former golf course, Spring Brook Village is a 115-acre

Vertical Living: Luxury High and Mid-Rise Condo Sales Continue to Grow in Houston

Real estate investors love to justify their purchases by arguing that land is the one commodity which can never be manufactured. In modern Houston, however, there’s definitely a catch: developers are building up every bit as much as they’re bulldozing

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This Week in Houston Real Estate: How much home a dollar buys, a new luxury apartment complex and more

A new study by Zillow shows $1 would buy Houston homeowners 1.40 square inches — a decrease of 1.95 square inches from 2008. Compared to other markets, Houston ranks as one of the more affordable cities in the nation. In

Houston ranks as one of most valuable cities in the country

Real estate wealth is dispersed unequally throughout the United States with revenue concentrated heavily in metropolitan areas, valued at $26.2 trillion.  Lending Tree ranked the top 50 most valuable cities in America from its collection of real estate data covering more than 155 million U.S. properties.  

William Lyon Homes enters Houston housing market

William Lyon Homes is expanding into the Houston market with Jennifer Keller serving as their new Houston Division President.  “We believe that the Houston market with its strong economy and relative affordability, support strong long-term fundamentals that are consistent with our

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