News / Features

This week in Houston real estate: Former Sharpstown Mall, New Katy development and more

PlazAmericas, formerly known as the Sharpstown shopping center in the Sharpstown neighborhood of West Houston, has a new owner that’s looking to revitalize the aging mall. Houston-based Baker Katz principal Jason Baker told the Chronicle that the plan is

This Week in Houston Real Estate: A gentrifying city, Texas growth and more

A new study conducted by Rice University’s Kinder Institute for Urban Research shows that many of neighborhoods that lie inside the 610 Loop have the potential to become gentrified. The report breaks tracts of the city down by three

Fed raises rates, but dials back plans for future hikes

During their final policy meeting of 2018 this week, Federal Reserve officials voted unanimously to continue the central bank’s pace of gradual interest rate increases. As was widely expected, the Fed announced at the conclusion of its Federal Open

Existing home sales grow in November on inventory gains

The National Association of Realtors reported Wednesday that existing home sales in November were up 1.9 percent from the previous month. That makes November the second consecutive month of increasing home sales as prices continue to moderate and listings

Real Estate in Brief: Best days to close, new renter data and more

The holiday season is all about finding the best deals on gifts for friends and family, but it may also be one of the best times to find a bargain on the biggest purchase most of us will ever

Freddie Mac warns housing supply problem is compounding

One of the biggest threats to the U.S. real estate market next year will be a familiar one, according to Freddie Mac economists: a lack of inventory due to sluggish building activity. In its latest Insight Report, Freddie Mac

This week in Houston: Affordable home sales nosedive, Opportunity Zone program and more

Home sales in November decreased compared to last year, and affordable home sales were hit hard last month. The Houston Association of Realtors has released a report which says that sales of homes priced between $100,000 to $149,000 were down by

Houston home prices reach highest levels ever for a November

Even though home sales declined 2 percent in November year-over-year, Houston’s 2018 residential real estate market will still go down in the books as a more productive one than 2017, according to the latest monthly report from the Houston

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How confident should we be in the housing market?

If you’re feeling like home prices can’t go up forever, you’re not alone. The November edition of Fannie Mae’s monthly Home Purchase Sentiment Index cites a 13 percent drop in confidence that prices will continue to climb over a

Real Estate in Brief: Zillow sees promising value appreciation in Houston and more

Home value growth is expected to do better than the national average in several cities that were snubbed by Amazon for its second headquarters, according to a panel of real estate economists and investors. While four cities, including Dallas,

White House nominates FHFA critic to lead agency

The Wall Street Journal reported Dec. 10 that President Donald Trump was expected to nominate Mark Calabria to replace the outgoing director of the Federal Housing Finance Agency, the federal regulator tasked with managing government-sponsored mortgage corporations Fannie Mae

This Week in Houston Real Estate: Home equity gains, new industrial developments and more

A new report by Corelogic outlines a lag the Houston area faces in home equity gains relative to many other large U.S. cities. The report shows that the average home gained about $6,600 from the third quarter of 2017 till the

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Real Estate in Brief: HQ2 listings, short-term rentals for brokers and more

  Real estate website MyHQHome.com plans to launch in January, taking advantage of the Amazon HQ2 real estate gold rush. Several brokerages have joined forces in constructing the website, aiming to target Amazon employees relocating to the company’s two new city locations, Crystal

Why millennials are buying more homes in suburbs than cities

Assumptions about how millennials will spend their money as they progress through adulthood continue to be proven inaccurate, or at least misunderstood. This is particularly true in real estate, specifically the places where Americans now in their 20s and

For-sale inventory records first annual increase since 2008

Housing inventory is steadily recharging around the U.S., giving potential buyers more options. RE/MAX’s latest national housing report found October was the first month to show a year-over-year increase in inventory in nearly 10 years. Compared to one year

Real Estate in Brief: Flood Insurance Program extension, new down payment options and more

Last Thursday, the U.S. Senate granted the National Flood Insurance Program another six-month extension while the House of Representatives granted the same program an extension of seven days. “NAR is relieved that authorization of the National Flood Insurance Program

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