Plans unveiled for longstanding post office building Downtown’s Barbara Jordan Post Office, originally opened in 1962, will undergo a long-anticipated redevelopment. The 550,000 square foot building was purchased by Lovett Commercial in 2015 and has served as a multipurpose

Foreclosures bounce back after Harvey-related hit The foreclosure rate in Houston has decreased 65 percent compared to this time last year, the Houston Chronicle reported. Foreclosure starts surged following Hurricane Harvey in 2018, but this new data suggests the

Houston’s housing market set new records in May, registering positive gains in all the major categories measured by the Houston Association of Realtors’ monthly report, released Wednesday. Housing inventory grew to 4.2 months’ supply—its highest level since August of

The housing market is a major driver of the U.S. economy, but its contribution is different on a state-by-state basis. According to a recent report from the National Association of Realtors, the real estate industry contributed $268.8 billion to the

Texas tops list of states with fastest-growing cities A report released by the United States Census Bureau found seven cities in Texas are among the top 15 fastest-growing cities in the country. New Braunfels, which saw a 7.2 percent

This week, CoreLogic released its 2019 Storm Surge Report, which evaluates the number of homes in the United States that are vulnerable to hurricane and tropical storm damage. The report showed that, along the Gulf and Atlantic Coasts, 7.3

Tanglewood Homes Association files lawsuit to block high-rise construction The homeowner association in Tanglewood petitioned a judge to stop a potential 20-story tower high-rise from being built in the community, according to the Houston Business Journal. The defendant in

While much of the buzz around the National Association of Realtors’ Legislative Meetings revolved around the fact that President Donald Trump would be the first sitting president to accept the organization’s invitation to address members in their annual pilgrimage to the

Seven states, including Texas, receive disaster relief funding To relieve economic burden caused by recent flooding and hurricanes in Texas, the U.S. Department of Housing and Urban Development (HUD) awarded over $46 million to the state as part of

For the second year in a row, more people moved out of Houston than in After years of population growth, The Houston Chronicle reported the city lost 19,500 residents over the last two years. The decline can be attributed

Single family home sales in Houston peaked in April. Rebounding after a slow start in January, when sales fell 8.4%, Houston’s housing market is the strongest it’s been this year. According to the most recent report by the Houston

Unemployment rate lowest since 1952 The Bureau of Labor Statistics has released employment statistics for April, and the numbers are are well beyond expectations. The bureau found that 263,000 jobs were created, blowing past analysts’ predictions of 190,000 new jobs.

  Millennials flock to Houston Per a new study by the U.S. Census Bureau, Houston is among the country’s leaders in drawing new Millennial residents. According to the study, Houston has had 15,000 new move-ins of young adults, aged 25

Top 25 Houston neighborhoods saw increase in home appreciation over decade According to Keller Williams’ Paige Martin and the Houston Association of Realtors’ MLS, 25 Houston neighborhoods saw increases in home value appreciation over the past decade, and five

If there were any doubt, let there be no more: People are actually moving into those new houses being built all over the Houston area. The U.S. Census has released new population estimates that show Houston as a national

Single-family home sales ticked up nearly 5 percent in March compared to a year earlier, according to the Houston Association of Realtors. Homes priced between $250,000 and $500,000 gained the most sales activity, closely followed by homes priced above