Higher income, backed up by lower mortgage rates, has expanded the reach of the average homebuyer, but an increased demand for homes has concurrently driven up prices, negating two of the three main factors in First American Financial Corp.’s Real House Price Index.  

The pandemic changed the way many of us look at our living spaces. NAHB surveyed prospective buyers to see how their preferences have changed.

The proposal by developer Waterstone would add 900 new homes to an area spanning 230 acres.

Existing-home sales slid for the third month in a row in April, declining 2.7% from March to a seasonally adjusted annual rate of 5.85 million, according to the National Association of Realtors.

Houston has enjoyed an exceptionally competitive and prosperous new-home market, but a tight lot inventory presents challenges to the growing market.

With the eighth-lowest tax rate in the country, Texas attracts people from all over.

“Camp Hope is doing inspiring work for our country, and we were passionate about helping them to meet an important need for veterans during a critical time.” – Gary Sumner, managing partner for Patten Properties.

The Howard Hughes Corp. (HHC) announced seven homebuilders for Prairieland Village, the third of four villages in the 11,500-acre master-planned Bridgeland community in Cypress.

The limited inventory that has plagued the housing market continued, although at an abated pace.

A recent NAHB survey shows that regulatory costs imposed by the government account for $93,870 (or 23.8%) of the current price of new homes.

Residential property equity continued to grow in the first quarter of 2021, with one in three homes considered equity rich.

While the competition was not quite as strong across Houston, the 62.4% rate on offers this past April was a slight bump from the 60.4% rate in March, and a dramatic rise from the 36.2% rate in April 2020.

Josey Lake, Bridgeland’s 140-acre waterway, won the Urban Land Institute’s People’s Choice Award for the creative and thoughtful way it combines nature and development.

The builder’s Houston division won the Avid Gold Award for extraordinary customer service for production in the South Central region of the U.S.

Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.

As Houston’s luxury home market stays red-hot, nine Houston buyer’s agents helped clients purchase the 10 most expensive homes in April priced up to $7,450,000.