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Houston broke yet another home price record last month, the Houston Association of Realtors revealed in its latest report: the highest median single-family home price ever for a February. Driven by strong sales in the upper end of the
On February 23, the Greater Houston Builder’s Association (GHBA) announced the winner of their Builder of the Year award as a part of the association’s 2016 “Of the Year” Awards at their 2017 installation of officers. The award was presented to Lennar
One of the most popular areas for buying a home in the Greater Houston is Sugar Land, located 20 miles southwest of downtown. One resident described it as basically “a little town with its own town square and city
Despite the energy downturn, local Realtors have sold a record 76,449 single-family homes in the Houston metropolitan area. According to the Houston Association of Realtors, that is a 3 percent increase from the previous year. Although, specific neighborhoods have
Texans on average have more mortgage debt than borrowers in half the country, an analysis from Business Insider confirmed this month. How much debt exactly? According to data Business Insider obtained from Experian, $159,195 in 2016, making it the
Houston’s new construction market ended 2016 on a low note. Fortunately, the tune was up an octave to start 2017 A new report from Dodge Data & Analytics shows that in January, residential construction spending in Houston was up
The Millennial homeownership rate fell to a 30-year low last year, and a big contributor to that trend is growing student loan debt. The country has an opportunity to address the issue under newly elected President Donald Trump and
In its monthly market report, Redfin dissected dozens of markets across the nation and found that in January, buyers typically faced three challenges: rising prices, low inventory and a fast market. That was certainly true in Houston. Prices continue
Houston is one of U.S. News & World Report’s top 25 “Best Places to Live.” In fact, the city comes in at No. 20. To determine its ranking, U.S. News considered Houston’s quality of life and job market, as
Luxury sales were up overall in Houston in January, as the Houston Association of Realtors reported, but sales over $1 million were down. In December, three Houston neighborhoods had double-digit sales of homes over $1 million. That was not
In January, there were once again more $1 million-plus home sales in Houston proper than any other market in the greater metropolitan area, though sales were down across the board from Dec. 2016, according to our latest REAL DATA
Click on the tabs below to see the top single-family, condo, and multifamily closings in Greater Houston’s housing market in January. Single Family Condo Multifamily Single Family Sales Price Address Agent Brokerage $17,500,000 37307 Diamond Oaks Drive, Magnolia Harry Kuper
Single-family home sales continued climbing in January, alongside median price and inventory, the Houston Association of Realtors’ latest sales report confirmed. After rising 4 percent from Jan. 2016 to Jan. 2017, Houston’s median single-family home price hit $210,000 –
One of the top indicators for a housing market’s continued strength is new, incoming residents; and in 2016, for the second year in a row, Houston was a top destination for movers, according to a report from Penske Truck Rental. “It
Buying a home in Houston is a great deal – so long as the owner stays in it for almost two years. That was the conclusion of Zillow’s latest Breakeven Horizon report, which calculates how long the average homeowner has
The most consequential question facing the housing industry today is: Are we approaching a correction? National Association of Realtors Chief Economist Lawrence Yun said in January that 2016 was the market’s best year since the Great Recession. He thanked job
