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Johnson Development has been named Developer of the Year for a second time in three years by the Texas Association of Builders during its annual Star Awards.
Robert Charles Lesser & Co. ranked Sunterra the eighth-best-selling master-planned community in the U.S., while Marvida secured No. 20.
Real Estate Consulting ranked the 50 top-selling master-planned communities during the first half of the year, and 13 Houston-area developments made the list.
At the same time, the median existing-home price rose 13.4% year over year to $416,000.
Phoenix-based Inspire Communities recently announced plans to expand its Houston presence with two new development projects, including the re-development of an existing manufactured home community on the shores of Trinity Bay.
Nationwide, sales hit their highest level of the year, rising 4.7% from June but falling 17.6% on a year-over-year basis, RE/MAX said.
Located in Hockley, minutes away from the Clubs at Houston Oaks, Stallion Lakes will feature one- and two-story houses built on oversized lots ranging from 1.5 to more than 3.5 acres.
A recent StorageCafe housing trends report found that mid-sized cities in Arizona and Texas lead the U.S. for premier apartment living. Of the country’s 100 biggest cities, four in Texas, including Houston, made the list of the top 20 cities for high-end apartment living.
July saw the NAHB/Wells Fargo Housing Market Index post its second-largest monthly drop ever, as worries about housing affordability dampened builder sentiment.
The Woodlands and Bridgeland have earned LEED precertification by the U.S. Green Building Council, becoming the first master-planned communities in Texas to achieve this status.