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This week in Houston real estate: Office market still falling and Mayor Turner plans to transform the city

Lots of interesting things happened this week in the world of real estate. Notable stories this week include confirmation that Houston’s office market is still falling, and Mayor Turner discussing how he intends to transform the city. Catch up

Here’s how much average closing costs are in Texas

Average closing costs in Texas are among the highest in the nation, a new report from Bankrate confirmed. The implementation of TRID, and its new closing disclosure form, has helped reduce confusion around what closing costs actually entail. But

Four things we learned about Houston’s market in Q2

Houston was the national leader in new home construction until it lost that title to Dallas in the first quarter of 2016. A recent report from MetroStudy confirmed it maintained its No. 2 ranking in Q2. Home starts were

This week in Houston real estate: Farm community expands stock and city to gain luxury apartments

Lots of interesting things happened this week in the world of real estate. Notable stories this week included a farm-centric community expanding its stock and a failed hotel being rehabbed into a…hotel. Catch up on this week’s top news

Houston home sales lose ground in July

Home sales in the Greater Houston area took a spill in July, falling 8.6 percent year-over-year, according to the latest analysis from the Houston Association of Realtors (HAR). Totaling 8,571, Houston home sales were down for the first time

Construction on new homes in Cordillera Ranch to be completed in September

Cordillera Ranch, an 8,700-acre residential community located north of San Antonio, recently announced the release of more golf course frontage lots and home sites, according to a written statement from DH Investments, the developer of Cordillera Ranch. The new

The best and worst of Houston’s high-end home markets

There are a handful of luxury markets in Greater Houston seeing positive price growth. There are even more that are not. Through this year’s second quarter, luxury sales were booming in Sienna Plantation, according to a report from Redfin.

Greater Houston’s top closings, July 2016

Click on the tabs below to see the top single-family, condo, and multifamily closings in Greater Houston’s housing market in July. Single Family Condo Multifamily Single Family Sales Price Address Agent Brokerage $5,500,000 2 Rivercrest Dr., Houston Diane Kingshill Martha

This week in Houston real estate: Home prices up and Mayor Turner disapproves of housing project

Lots of interesting things happened this week in the world of real estate. Notable stories this week included increasing home prices and Mayor Turner voicing disapproval of a mixed-income housing project in Galleria. Catch up on this week’s top

46,000-plus Texas homes could be underwater by 2100

By 2100, 46,800 Texas homes could be underwater, according to a new study. The paper, authored by professors Robert Deconto, of the University of Massachusetts, and David Pollard, a senior scientist with Pennsylvania State University’s Earth and Environmental Systems

Houston home sellers see outstanding returns in 2016

Home sellers in the Houston housing market have seen some of the best returns in the nation, according to the Q2 2016 U.S. Home Sales Report from RealtyTrac. Basing its analysis on publicly recorded sales deeds from more than 900 counties nationwide, RealtyTrac found

Houston home prices no longer set the Texas standard

In June 2015, Houston’s median home sales price peaked at $219,558. One year and a 2 percent decrease later, and the city’s median sales price has fallen by more than $4,000, according to a report from RealtyTrac. Houston’s housing

This Week in Houston Real Estate: New apartment building coming to Midtown, Eleganza Tiles opens new showroom, and more

Lots of interesting things happened this week in the world of real estate. Notable stories this week included a new apartment tower coming to Midtown, a new showroom and distribution space for Eleganza Tiles, and more. Catch up on

How fast can a new home be built in Texas?

There are a number of circumstances under which a home can be built, but in 2015, homes built for sale went up faster than any other, according to a new report from the National Association of Homebuilders. In a

Texas home price growth beats national averages in new Case-Shiller

Home price growth in the Lone Star State remained stronger than the national average, according to the new Case-Shiller Home Price Indices from Standard & Poor’s. The leading home price metric in housing, the Case-Shiller, found that Dallas home prices (Houston prices

The hottest trend to hit the luxury market: virtual reality

Partners Walter Phillips and Brandon Laubach launched Helix Media 360° – which uses new technology to allow clients to view a property in full 360-degree virtual reality. Helix Media 360°’s immersive visuals are possible through stitching together thousands of pictures

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