News / Features

July new-home sales top expectations

The upside surprise came despite monthly and yearly declines in the pace of sales. 

RE/MAX: Houston home sales jump year over year in July

Nationally, home sales rose 0.6% year over year but slid 0.7% month over month, RE/MAX said. 

Retrofit retreat in New Hampshire

This home has been carefully constructed out of retrofitted steel shipping containers using alternative construction methods.

NAR: High inventory puts homebuyers in their ‘best position’ since pandemic lockdown

The association said the housing market is making a definitive swing back in the direction of the buyer thanks to wage growth, slowing home-price gains and rising inventory. 

Joy Hub amenity complex open in Jubilee

The Joy Hub features an 11,000-square-foot pool with the Clear Comfort Hydroxyl-Based Advanced Oxidation Process, a treatment system that uses 50% fewer chemicals than typical chlorinated pools.

Housing starts rise again in July thanks to multifamily sector

The single-family sector managed to eke out a slight monthly gain, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

International homebuyers spent $4.8 billion on Texas homes

International transactions increased 9% year over year, with 7,500 purchases made by foreign homebuyers.

The 10 most expensive homes sold in greater Houston in July

Compass agent Laura Sweeney listed the top three most expensive homes sold in greater Houston last month, plus two other homes in the top 10.

Builder confidence remains low in August with dip in sentiment survey

The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry. 

Commissions return to pre-settlement level in Q2

The gain in the average buyer’s agent commission is the third quarterly increase since the National Association of REALTORS® changed its commission rules last August. 

Houston home affordability climbs to 39%

Given that increased affordability, Houston households needed a yearly income of at least $98,400 to afford a median-priced home, down 2% year over year.

The average Realtor has 12 years of experience — and plans to stay in the industry for at least a few more

NAR’s report — which surveyed nearly 5,000 Realtor members — also found that the typical agent took on 10 transactions in 2024, the same as a year prior.

US home price growth slows in June, signaling shift toward buyer’s market

As the spring homebuying season ended, U.S. home price growth softened significantly, opening the door to improved affordability.

mortgage applications
MBA: Mortgage applications rise as mortgage rates slide on weakening U.S. economy

Home-purchase activity remained elevated from 2024, but a cloudy economic outlook has deterred some would-be homebuyers. 

Waller named Houston’s hottest community in Q2

All but three communities on HAR’s list had prices lower than the area median average ($450,235).

The 10 most expensive new listings in Texas

Three of the most expensive new listings in Texas are located on the same street — West Friar Tuck Lane — in Houston.

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