News / Features

Houston home sales show a strong start to 2018

The new year kicked off with strong home sales as the Houston market saw year-over-year increases in sales, median pricing and total dollar volume, according to the latest report from the Houston Association of Realtors. Total property sales rose

With rising in home prices, nearly two-thirds of the market hit all-time highs

In the final three months of 2017, home prices overall reached an all-time high in 114 markets, according to the latest quarterly report by the National Association of Realtors. The national median price for a single-family home in the

What wealthy millennials want in their luxury homes

Rich millennials, dubbed the “New Aristocracy”, are shaping to be a profitable and impactful generation in the world of real estate. According to a recent report by Luxury Portfolio International, New Aristocracy buyers, driven by large inherited wealth, are

Lennar and CalAtlantic finalize merger, now officially nation’s largest homebuilder

Lennar’s previously-announced merger has succeeded, now making CalAtlantic a wholly-owned subsidiary. The merger was approved by 99.4% of the Lennar stockholder votes and 99.9% of the CalAtlantic votes, according to Housing Wire. “We are extremely pleased to announce the completion of

National Real Estate News Briefs: Trulia launches new tool to provide local LGBTQ non-discrimination laws

Trulia has launched a new tool to help homebuyers who may encounter discrimination due to their gender or sexual orientation. The real estate listing company will now include a feature called Local Legal Protections, that gives insight into a

Single homebuyers require 11 years of saving to afford a down payment

Singles aspiring to become homeowners require patience before they can fulfill this element of the American dream, almost 11 years’ worth, according to a new Zillow analysis. To afford a 20 percent down payment on the average U.S. home,

This Week in Houston Real Estate: Committee announces preferred location for Houston bullet train

Source: Texas Central Partners Mayor Sylvester Turner and Texas Central Partners selected the Northwest Mall as its preferred location for the Houston station of the new bullet train service coming to Texas. The area was picked because the station

Population of unincorporated Harris County expected to exceed Houston’s by 2020

The unincorporated Harris County area could possibly see its population surpass Houston’s by 2020, based on data from the U.S. Census Bureau and the Harris County Appraisal District. According to the Houston Chronicle, this surge in population growth has Texan

Despite difficulties, more people want to own homes

According to new analysis of a consumer survey from the National Association of Realtors, the vast majority of non-homeowners said that they want to own a home in the future. NAR recently analyzed the results of its 2017 Housing

New report shows millennials flock to Houston

Houston is among the top 10 U.S. cities with the highest growth in millennial population from 2010 to 2015, according to a new report conducted by the Brookings Institution’s Metropolitan Policy Program. The Millennial Generation: A Demographic Bridge to America’s

CoreLogic: Home prices increase for fifth consecutive month

Home prices continue to significantly rise both year over year and month over month, according to CoreLogic’s Home Price Index (HPI). U.S. home prices in December 2017 were a substantial 6.6 percent more than December 2016 and 0.5 percent more

National Real Estate News Briefs: NAR suspends open architecture project, cash purchases hit new high and more

The Realtors Property Resource (RPR), a subsidiary owned by the National Association of Realtors, is suspending its Advanced Multi-List Platform project and will promptly start to wind down its operations. NAR CEO Bob Goldberg made the decision to cut

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Seller profits hit 10 year high

Home sellers in Q4 2017 reaped an average home price gain since purchase of $54,000, the highest since Q3 2007, according to ATTOM Data Solutions’ Year-End and Q4 2017 U.S. Home Sales Report. In comparison, the average from the

Top 5 closings in Houston real estate for 2017

1) Harry Kuper, real estate professional of Kuper Realty Holding Company, closed the sale of Houston’s highest-priced house of 2017: the extravagant Emerald Lake Estate located on 37307 Diamond Oaks Drive in Magnolia, Texas for $17,500,000. Located 40 miles

This Week in Houston Real Estate: Thousands of Texans still left without homes after Harvey

Five months after Hurricane Harvey decimated the Houston area, there are still over 33,000 Texans living in temporary housing, including an estimated 4,300 people living in hotels. According to the PBSNewsHour, the U.S. Department of Housing and Urban Development

The Houston neighborhoods that saw the biggest gains in home prices in 2017

Houston’s housing market had a strong 2017, with the majority of its neighborhoods experiencing an increase in home prices. Of all of Houston’s core neighborhoods, Memorial Park had the largest growth in median housing prices from 2016 to 2017,

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