News / Features

After two months of declines, US existing-home sales increase in February

After two consecutive months of decline, existing-home sales around the country rebounded by 3 percent from January, according to the National Association of Realtors. Existing-home sales grew from 5.38 million in January to 5.54 million in February and are currently up 1.1 percent

Established Kingwood Realtors unite to form Imperato Fazzino Real Estate Group

Two long-time northeast Houston Realtors, Joan Imperato and Kim Fazzion, are merging their groups together to form the Imperato Fazzino Real Estate Group, in an effort to better serve Kingwood’s needs.  “Joan and I share similar work ethics and

Texas ranked for having one of the highest property taxes in the country

Texas was recently ranked one of the worst states in the country for property taxes.  The study was conducted by WalletHub and calculated each state’s effective real-estate tax rate by dividing the annual taxes of a median priced home

New floodplain plans could have saved nearly half of currently impacted homes

New home structure standards for floodplains set by Mayor Sylvester Turner are to be voted on soon, which include placing the homes two feet above the 500-year flood level. If this had been implemented earlier, it could have spared

Real Estate in Brief: Affordable 3-D printed home makes its debut at SXSW

Source: ICON A Texas-based startup is attempting to tackle the affordable housing issue with a 3-D printed house. ICON unveiled its 650-square-foot 3-D printed house at SXSW 2018. The house would be made of cement and take up to

Qualia’s home-closing platform expands industry reach

Closing is often one of the hardest parts of the home purchasing and selling process due to the difficult process of getting all involved parties on the same page at the same time. Qualia, a web-based software platform, aims

This Week in Houston Real Estate: Texas adds over 16,000 jobs to the market and more

Houston is seeing a growing number of homeowners receiving notices describing the required elevation needed to be made to their homes after Hurricane Harvey, but the cost is substantially high. According to a story from Houston Public Media, elevation

RE/MAX office honored for production at annual statewide conference

RE/MAX The Woodlands & Spring office was honored for its recording-breaking sales success at RE/MAX of Texas’ annual statewide conference for the 11th straight year. Despite housing obstacles in the region last year, Houston sales remained steady with home

February was an overall positive month for Houston home sales

February home sales marked a second positive month for Houston this year with single-family home sales, total property sales, average and median pricing and total dollar volume all up compared to a year ago, according to the latest Houston Association

Millennials remain the most active buying generation for fifth consecutive year

Despite low inventory and rising housing costs, home purchases by millennials grew last year, marking the fifth consecutive year they’ve been the most active generation of buyers, according to a recent study from the National Association of Realtors. The 2018

Many millennials rely on family support to buy first home

The real estate market has shown home price increases continue to outpace income growth, so it comes as no surprise that millennials are willing to accept financial assistance to achieve their American Dream. A new Apartment List report found that 17.1

Houston ranked as one of the best markets for first-time homebuyers

First-time homebuyers, who make up 42 percent of all buyers, might just have luck on their side without much competition in Houston, according to a Zillow’s 2018 Best Markets for First-Time Buyers Analysis. The analysis ranked the 35 largest

National mortgage rates on the rise, could impact housing prices

Years of historically affordable mortgage rates could come to an end as rates rise and are expected to escalate even further throughout 2018. So far, mortgage rates have increased nearly 50 basis points since the beginning of this year,

The Woodlands named second-best city to raise a family nationwide

The Woodlands ranked No. 2 on Niche’s 2018 list of Best Cities to Raise a Family in America, especially recognized for its public schools and jobs as an ideal place for parents to raise children. Niche, a ranking and

Real Estate in Brief: NAR supports proposed association health plan rule

The National Association of Realtors has expressed support for a new regulation proposed by the U.S. Department of Labor that would expand the definition of “employer” to encompass “working owners” and could result in trade associations like NAR being able

2017’s first-time homebuyer market was strongest since 2006

In 2017, more than 2 million new or existing homes were purchased by first-time homebuyers, according to the First-Time Homebuyer Market Report from Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. The report, which measured data from the

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