At the same time, the median price of a new home sold in April declined as well. 

The two-bedroom, two-bathroom property includes unique features like a floating staircase, a triangular terrace and a number of sculptural elements.

Horton served as chairman of D.R. Horton Inc. since it was formed in July 1991.

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin report. 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Builders have been named for the first phase of development in Grange, a master-planned community in Katy from Johnson Development.

The priciest home sold in greater Houston last month is a 7,258-square-foot new build in the Southside area.

Other settlements are still awaiting final approval, including the $418 million settlement with NAR.

Zillow attributes this trend to a growing sense of nostalgia for easier times.

“We are excited for the opportunity to work with Contempo to represent all of their communities around Houston,” said Nancy Almodovar, president and CEO of Nan and Company Properties.

The city of Houston is partnering with Cityside Homes for an affordable housing initiative targeted at Houston residents.

Yun expects existing home sales to show gains in 2024, 2025 and eight of the next 10 years.

Bridgeland, a master-planned community from The Howard Hughes Corporation in Cypress, hosted its 16th annual Nature Fest on April 27.

NAR previously said the changes were expected to start in mid-July.

The typical amount donated annually was $1,000, up from $800 in 2022.