News / Features

Texas REALTORS® shares plans for upcoming REALTOR® Day at the Texas Capitol

Representatives from the National Association of REALTORS®’ “Riding with the Brand” tour will accompany Texas REALTORS® to the Texas Capitol in Austin on March 22.

Builder confidence rises again in March 

Homebuilders expressed “cautious optimism” that the lack of existing inventory would drive demand for new homes despite high construction costs and interest rates, the National Association of Home Builders reported.    

Multigenerational homebuying and mortgage-readiness fueling Latino homeownership rates

“Latinos are more mortgage ready. Latinos have made strides in income and are more educated in the homebuying process,” said Nidia Fromenta Peguero of Century 21 North East in Danvers, Massachusetts. “They don’t want to rent anymore.”

The 10 most-expensive homes sold in greater Houston in February

The most-expensive sale of the month was listed by Walter Bering of Martha Turner Sotheby’s International Realty.

Former Houston Area Women’s Center to become high-rise apartments

California-based Fairfield Residential purchased the former Houston Area Women’s Center (HAWC) at 1010 Waugh with intentions to construct a high-rise, multifamily apartment building in its place.

MBA: Mortgage applications rise 7.4% despite increased rates 

The Mortgage Bankers Association noted the increase in borrowing activity came despite the 30-year fixed mortgage rate climbing to its highest level since November 2022. 

Top-performing Douglas Elliman agents honored at annual Ellie Awards

Douglas Elliman’s top agent by gross commission income (GCI), volume and transactions was Renay Cohen, a top-producer in Houston and The Woodlands.

Jennifer Wauhob named NAR’s 2023 vice president of association affairs

Vice President of Association Affairs Jennifer Wauhob brings over a decade of experience to her new role with NAR.

High mortgage rates make million-dollar homes less common

As rising mortgage rates cool the market, the share of U.S. homes worth at least $1 million has fallen from an all-time high last year.

Texas among most pet-friendly states for renters

Zillow’s most recent Consumer Home Trends Report shows that 59% of all renters have a pet: a post-pandemic spike.

Houston home-price growth among nation’s highest in new CoreLogic report

In January, home prices were up 5.5% annually and down 0.2% monthly, CoreLogic reported, citing its monthly Home Price Insights report. 

What history tells us about today’s interest rates

Keeping things in historical perspective can be tough when mortgage rates have roughly doubled in the last year. Mike Del Preto, a senior mortgage advisor at Fairway Independent Mortgage Corporation, helps provide a closer look at the numbers.

The racial gap in homeownership rates endures 55 years after the Fair Housing Act

Nearly 55 years after the Fair Housing Act was signed into law, Black homeownership still lags behind white homeownership.

A Vegas home transports you to Rome

This massive Las Vegas home is all about luxury: six bedrooms, nine bathrooms, expansive views … and a secret portal to Italy.

Texas is home to some of the best cities to start a business

One major business-friendly perk in Texas is the statewide 0% corporate income tax.

Report: Average home changes hands every 12 years

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

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