News / Features

Megatel Homes to bring $2B lagoon community to Houston

Megatel Homes has broken ground on Saint Tropez, a 4,500-lot residential lagoon community spanning over 1,000 acres in Houston.

Texas sees spike in foreclosure activity in May

Texas registered the third-highest number of foreclosure starts last month, according to a new ATTOM market report.

Housing starts plunge in May amid uncertain economic conditions 

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

The Fed hikes interest rates 0.75% — what it means for real estate

The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?

Japanese builder acquires Texas-based Chesmar Homes for $514M

As part of the agreement, Sekisui House will acquire Chesmar Homes, CLM Mortgage, Inc., Entitled Insurance, Inc. and N Title, Inc.

Compass and Redfin announce layoffs

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Is the ‘lumber bubble’ finally bursting?

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

Zumper: Sugar Land least affordable rental city in Houston metro

Last month, the median price for a one-bedroom rental in Texas was $1,114. According to a Zumper report, the average monthly cost of a one-bedroom rental in Sugar Land was $1,250.

Hamilton Zanze purchases Houston multifamily apartment community

The purchase marks the San Francisco-based company’s 26th acquisition in Texas, according to a press release.

Houston’s housing supply struggles to keep pace with job growth

For every single-family home or apartment permit generated in Houston in the past year, there were 2.2 jobs created.

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