News / Features

Vertical Living: Luxury High and Mid-Rise Condo Sales Continue to Grow in Houston

Real estate investors love to justify their purchases by arguing that land is the one commodity which can never be manufactured. In modern Houston, however, there’s definitely a catch: developers are building up every bit as much as they’re bulldozing

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This Week in Houston Real Estate: How much home a dollar buys, a new luxury apartment complex and more

A new study by Zillow shows $1 would buy Houston homeowners 1.40 square inches — a decrease of 1.95 square inches from 2008. Compared to other markets, Houston ranks as one of the more affordable cities in the nation. In

Houston ranks as one of most valuable cities in the country

Real estate wealth is dispersed unequally throughout the United States with revenue concentrated heavily in metropolitan areas, valued at $26.2 trillion.  Lending Tree ranked the top 50 most valuable cities in America from its collection of real estate data covering more than 155 million U.S. properties.  

Average new construction lot size remains at record low

In keeping with a decades-old trend, an analysis of Census Bureau data by the National Association of Home Builders found that the median size of a lot on which a new home was built in 2017 reached a record

William Lyon Homes enters Houston housing market

William Lyon Homes is expanding into the Houston market with Jennifer Keller serving as their new Houston Division President.  “We believe that the Houston market with its strong economy and relative affordability, support strong long-term fundamentals that are consistent with our

Homeownership rate among minorities rising

The homeownership rate among minorities continues to increase, but there is still some progress to be made, according to the National Association of Home Builders. The homeownership rate among all minority groups in the second quarter of the year

Real Estate in Brief: Buyers market predictions, rising rents and more

A panel of 100 real estate economists and industry experts surveyed by Zillow said they don’t expect the U.S. housing market to shift decidedly into a buyers market until at least 2020. According to Zillow’s Q3 Home Price Expectations

This Week in Houston Real Estate: Houston tops for affordable homes, voters approve flood bond and more

It may be impossible to have it all, but Houston is one of the cities where it may be the closest to being real – at least in terms of good jobs and affordable homes. Realtor.com recently ranked the

More than a third of recent buyers, renters experience ‘neighborhood regret’

Figuring out what new home to purchase includes more than just the house itself. Buyers also look at a number of other factors, including the neighborhood that the house is located in. However, sometimes compromises need to be made

July pending sales miss the mark, led by price growth

New national home sales figures released by the National Association of Realtors Aug. 29 continue to show a housing market that can’t keep pace with prior years of stellar performance. For the seventh month in a row, NAR reported

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Facebook removes certain targeted advertising options amid HUD discrimination complaint

Facebook recently announced changes it will be making to its advertising tools after the company was accused of potentially enabling housing discrimination on the platform. Earlier this month, the U.S. Department of Housing and Urban Development filed a discrimination

US economic growth to outpace housing market

The U.S. economy grew at its fastest pace in four years during the second quarter of 2018, a reflection of low unemployment and greater willingness among consumers and businesses to spend and invest. According to the latest economic forecast

Houston housing market ranks as one of the best for stable growth

When looking at the housing market across the country, many are worried a potential bubble is about to burst. But home values in many large metro areas have been growing at a relatively stable rate. SmartAsset looked at home

This Week in Houston Real Estate: Millionaire households in Texas, MPCs nearing completion and more

Texas has the second highest number of millionaires living in its state. How Much, a cost information website, analyzed data from Kiplinger to see the number of millionaire households in each state. California topped the list with 885,000, but

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Homebuyer sentiment drives prices lower

More home sellers are resorting to price cuts as interest from buyers wanes nationwide. A recent report from Zillow found that starting in June, 14 percent of current home listings reduced their asking prices. While that rate has remained

NAR: Majority of homes sold in July were on the market for less than a month

Existing home sales slowed slightly in July to the slowest pace in more than two years and represented the fifth straight month of declines, according to the latest report from the National Association of Realtors. But demand stayed steady

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