News / Features

Four ways builders are beating the labor shortage

In the five years following the peak of the housing bubble – so from 2006 to 2011 – the United States’ construction industry lost 2.3 million laborers. By 2013, 60 percent had already found new careers in other industries – which meant

Greater Houston’s most active luxury markets, Jan. 2017

In January, there were once again more $1 million-plus home sales in Houston proper than any other market in the greater metropolitan area, though sales were down across the board from Dec. 2016, according to our latest REAL DATA

Greater Houston’s top closings, Jan. 2017

Click on the tabs below to see the top single-family, condo, and multifamily closings in Greater Houston’s housing market in January. Single Family Condo Multifamily Single Family Sales Price Address Agent Brokerage $17,500,000 37307 Diamond Oaks Drive, Magnolia Harry Kuper

Houston market stays strong in January, breaks record

Single-family home sales continued climbing in January, alongside median price and inventory, the Houston Association of Realtors’ latest sales report confirmed. After rising 4 percent from Jan. 2016 to Jan. 2017, Houston’s median single-family home price hit $210,000 –

Houston a top destination for movers

One of the top indicators for a housing market’s continued strength is new, incoming residents; and in 2016, for the second year in a row, Houston was a top destination for movers, according to a report from Penske Truck Rental. “It

When does owning in Houston become a better deal than renting?

Buying a home in Houston is a great deal – so long as the owner stays in it for almost two years. That was the conclusion of Zillow’s latest Breakeven Horizon report, which calculates how long the average homeowner has

Two signs that Houston’s housing market is in for a correction

The most consequential question facing the housing industry today is: Are we approaching a correction? National Association of Realtors Chief Economist Lawrence Yun said in January that 2016 was the market’s best year since the Great Recession. He thanked job

Congress and Trump both take shots at Dodd-Frank

Republican lawmakers and President Donald Trump delivered a one-two punch to Dodd-Frank today, signaling the beginning of a legislative brawl that could see the law entirely dismantled. It began in Congress, where Senate Republicans won an unusual 52-47 vote

2 stats that could sign an end to inventory shortages

Builders need to build – a ubiquitous sentiment throughout the country, and what some experts believe is the solution to widespread inventory shortages. Two new stats suggest that may be exactly what’s going to happen in 2017. The first stat

Meet the first-time homebuyer of 2017

This year could be the year of the first-time homebuyer. Of course, that’s what experts said last year too. But this year it might actually happen. Of course, there remain barriers to entry – tight credit, inventory shortages, high

The 7 characteristics of 2017’s Silent Generation buyers that agents need to know

Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of

3 explanations for strong sales in the Spring market

Spring is consistently one of the top-selling markets in Greater Houston. Last year, the Houston Association of Realtors recorded more than 2,825 sales in the Spring area – which was not only more sales than most markets in Greater Houston,

Rise Communities receives recognition by the AAREA

Rise Communities has been named “Developer of the Year” by the Asian American Real Estate Association. Recognized for the quality of two new communities – the master-planned community of Cane Island in Katy, and the Texas 288 master-planned community in Meridiana

The safest – and most dangerous – city in Greater Houston

Seven Texas cities rank among the 100 safest in the country, while five rank among the most dangerous, according to Neighborhood Scout and the latest FBI crime data. That’s information buyers are going to want to know. Greater Houston made showings

New condominium in Houston’s Midtown opening in 2019

Surge Homes is developing a brand new condominium, The Isabella at Midtown, a $42 million mid-rise development, with 208 condo units. Prices start between the $150,000s and $600,000s. VIP Reservation Program sales are available providing home buyers an opportunity to secure

Builders reveal what their 10 biggest problems are in 2017

Homebuilders across the nation faced crippling labor shortages in 2016; in fact, it was the biggest problem they faced all year. Don’t expect anything to change in 2017. Eighty-two percent of builders say the No. 1 problem they expect