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Real estate news in Atlanta
A new LGBTQ-focused affordable senior housing facility has passed its fundraising goal and will begin construction most likely in early 2018. According to a March press release, the Montrose Center, one of the nation’s leading full-service LGBTQ centers, needed
Houston ranked as having the fourth highest average construction costs in the country in Turner & Townsend’s 2017 International Construction Market Survey. Average costs in Houston are $233 per square foot. It followed New York City at $354
Houston saw the second highest number of housing starts in the country, behind only Dallas-Fort Worth, according to Metrostudy’s 2017 first quarter report. Houston saw 25,789 housing starts in the first quarter of this year, which is down 1,789 from a
While the Houston urban renters gained more than 53,000 more renters, the percentage of suburban area renters increased at a slightly higher rate, according to a report from Rent Café. From 2011 to 2015, the suburban net gain was 19,600,
Single-family homes sales and inventory in Houston continued to grow in April, reaching the highest level since last August, according to the Houston Association of Realtors (HAR). Home sales are up 3.1 percent compared to last year, with 6,583
According to the Q1 2017 U.S. Home Equity & Underwater Report from ATTOM Data Solutions, nearly 5.5 million U.S. properties are seriously underwater, which represents almost 10 percent of all mortgages. This is up from 5.4 million in
Average rent for an apartment in Houston has fallen by $38 a month in the past year, according to a report by Axiometrics. In March 2016, the average rental unit cost $1,098 per month, while in March 2017 it
As home shopping season goes into full swing, buyers may find that patiently waiting for late summer listings will lead to the best selection and prices. A new report from Zillow looked at the listings and price data
The prevailing sentiment in the housing market is that it’s a great time to sell, as housing prices and demand has steadily creeped up. While that may be the case, such a rosy portrait of the market doesn’t tell
Texas home sales volume increased 4.6 percent year-over-year to start 2017 on a strong start, according to the 2017 Q1 Texas Quarterly Housing Report from the Texas Association of Realtors. There were 68,420 home sales in the first quarter
The Houston Housing Authority announced that it is freezing its voucher program due to uncertainty with federal funding, according to a press release from the HHA. The HHA will rescind vouchers from individuals whose units have not passed the
As spring gets into full swing, construction activity is starting to pick up. Residential construction activity grew in Houston in March compared to the previous year, according to a new report from Dodge Data & Analytics. March 2017’s residential
New home sales in Houston, one of the largest Texas new home sales markets, has slowed down, according to the New Home Sales Index released by HomesUSA.com. The number of days on the market for new homes sold increased
The Immigrant and Housing Demand Report was released this month, accounting for Latin American, Asian and African residents’ influence on the population and housing markets across the country, particularly Houston. The report found that immigrants accounted for about 28 percent
Houston sees a significant amount of interest from residents outside of the city, especially from residents living in major cities where the cost of living is significantly higher. Redfin recently looked at the data for users searching for homes
Multi-family properties account for more than 40 percent of the growth in housing supply in Houston over the past decade, according to a new study from Rice University. Single-family detached homes grew at a slower rate of 12.2
