News / Features

Pending-home sales post surprise increase in May 

The increase ends a six-month string of monthly declines, the National Association of REALTORS® said.

Mortgage payments up 46.4% in Houston, as housing affordability hits 15-year low

Houston mortgage payments have grown 46.4%, as housing affordability hits a 15-year low, according to a new report.  Zillow’s latest market report found rising mortgage costs, along with skyrocketing prices and interest rates have made mortgages less affordable than

Surprise surge in new-home sales in May as median price falls 

New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.  

10 most-expensive active Texas listings in June

Activity is on the rise in the Texas luxury real estate market as lower-priced housing inventory struggles to keep up with the relentless demand of prospective buyers.

Texas among top 10 most fun states

When you consider entertainment, recreation, nightlife, parties and overall costs, it turns out, Texas is a pretty fun state! And that has a positive effect on Houston real estate.

Houston new-home prices hit record high in May

Houston’s new-home sales defied inventory challenges and rose for the fourth straight month in May. New homes sold faster and at a higher average price than the previous month, according to HomesUSA.com.

Median existing-home price tops $400,000 for first time in May 

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Houston No. 4 nationally for iBuyer service home sales

Houston was fourth on the list with 844 iBuyer home sales in the first quarter, accounting for 3.5% of home sales in the market.

New Coventry Homes program offers money-saving options

Houston-area buyers who finance a Coventry home through the builder’s preferred lender between June 17-30 can choose from three options to alleviate concerns over rising home prices and interest rates.

RE/MAX: Home sales fall 8.5% year over year in May

The number of homes for sale in May rose 16.3% month over month and 2.2% year over year. Months’ supply of inventory rose to 0.9 from 0.8 in April and fell from 1 in May 2021. 

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