At the same time, the increase in interest rates drove fewer borrowers to refinance their loans, according to the Mortgage Bankers Association.

Bspoke Title Holdings recently announced the addition of John Magness, Sarah Blackburn, Patricia Rissanen, Britt Naponic and Michael Neary, Jr. to its executive management team, according to a press release. Magness, the company’s chairman, is a 30-year industry veteran

The month also saw a slight shift in inventory, even though shortages continued.

Pet ownership increased dramatically during the pandemic. 73% of homeowners report at least one pet in the home.

“There simply aren’t enough homes for sale relative to the demand fueled by millennials armed with low mortgage rate-driven house-buying power.” — First American Deputy Chief Economist Odeta Kushi

A new northwest Houston master-planned community by Johnson Development Corp. will focus on sparking joy and eliciting positivity in its homeowners, according to a press release. Aptly named Jubilee, the 1,620-acre Hockley development will aim to improve its homeowners’

The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price increases.

New listings have slowed again in Houston’s real estate market, falling 8.9% during the week ended Oct. 18, according to the Houston Association of Realtors (HAR) weekly activity snapshot.  This nearly 9% decline followed a 1.3% year-over-year decline in

The kitchen located in the Greater Houston Builders Association’s headquarters recently got a facelift in honor of the association’s 80th anniversary.

As the intense demand for homes continues to outmatch supply nationwide, buying a home is becoming an increasingly expensive feat.  The median value of a home in the U.S. is $281,370, an 11.6% increase over the last year. Meanwhile,

Freddie Mac plans to offer at least $3 billion in single-family affordable housing bonds to support affordable homeownership and serve historically underserved markets, according to a press release. To underscore this effort, the company is offering approximately $285 million

Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

Days on market rose 7.4% from August, and months supply of inventory slid 5.6%, according to RE/MAX’s National Housing Report. 

Dream Finders Homes, Inc. (DFH) has acquired certain assets of McGuyer Homebuilders Inc. (MHI) for $471 million in cash at closing, subject to post-closing adjustments.

Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report.