The annual report highlights the demographics of Texas homebuyers who had real estate transactions between July 2019 and June 2020, as well as their motivations for buying a home and their perceptions of the home buying and selling process.

Transcendent Electra, a partnership between Transcendent Investment Management and Electra America, has $496 million of properties in contract process and closing and another $1 billion in the pipeline.

The NAHB attributed the monthly increase in its construction spending index to single-family construction and single-family improvements, both of which rose by 2% on a monthly basis. Multifamily construction, meanwhile, declined 0.3% after falling 0.9% in February.

With the acquisition, publicly traded Landsea Homes will enter the Texas and Florida housing markets.

The 2021 edition of Who’s Who in Houston Residential Real Estate recognizes agents, brokers, lenders, developers, association executives and affiliates who dedicate themselves to the local real estate industry.

In 40% of metro areas analyzed, home prices in the first quarter hit or tied new peaks according to the report, including Houston. 

Homes stayed on the market for 15 days less than they did last year, at an average of 40 days.

According to employees, the builder offered a multitude of options to support them through the pandemic.

Home closings saw their most considerable one-week year-over-year increase and there was also a significant rise in the number of new listings, pending listings and showings.

Amidst pandemic woes and civil unrest in big cities, herds of Texans ditched their urban residences for more rural settings in the later months of 2020.

The 2021 REACH recipients have collectively raised more than $700 million in capital, employ more than 125 people and represent a valuation of more than $1 billion.

The year-over-year increase in the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index is the highest recorded since February 2006, according to Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Indexes.

The boost in inventory shows signs of seasonal norms as supply starts to catch up with demand.

Newmark Homes and Tri Pointe Homes, two of the nine builders at Cross Creek Ranch, will be offering homes designed for 45-foot homesites, ranging from the $320,000s to $340,000s.

The builder appoints Jim Rorison as division president, has secured lots in several local communities and expects to begin building homes for first-time and move-up homebuyers in July.

Year over year, the pace of sales was up 66.8% nationwide.