House prices, however, continued to rise, marking the 130th consecutive month for price gains, the longest streak on record, the National Association of REALTORS® said.   

Trinity Equity Group purchased multifamily property Cypress Parc from Lionel Partners this week.

More buyers have entered the market in the past four weeks as mortgage rates fell.

The report also shows that one-way U-Haul arrivals actually increased in Texas from 2021 to 2022.

The increase in builder confidence breaks a string of 12 straight monthly declines in the NAHB/Wells Fargo Housing Market Index. 

Despite decreased home sales in the second half of the year, the luxury sector remained a thriving component of Houston’s real estate market throughout 2022.

Not even the Christmas season slump was enough to slow down the Houston luxury home market, which posted some of the highest listing prices of the year in December.

Potential buyers want real information about the communities they’re shopping in. And while agents may feel like experts, their answers must always comply with fair housing laws. To help, the National Association of REALTORS® released some advice.

Creekland Village will join Prairieland Village in the northwest corner of Bridgeland.

“Sustainability and connection are our two core values,” said member and future resident of CoHousing Houston, Lynn Morstead. “We’re excited to bring cohousing to Texas and reduce our footprint simultaneously.”

HomeServices of America President and CEO Gino Blefari took the top spot on the annual list. 

Houston Association of REALTORS® President and CEO Bob Hale was ranked No. 30 in the 2023 Swanepoel Power 200 (SP 200) list, the 10th time he’s made the ranking of the most powerful people in real estate.

According to WalletHub’s 2023 report of the most family friendly states in America, Texas ranks 26th overall based on criteria like family fun, health and safety, education and childcare, affordability and socioeconomics.

The firm’s subsidiaries include Century 21, Coldwell Banker, Corcoran Group and Sotheby’s International.

Allied Orion Group sold Houston-area multifamily property Granary Flats to Dallas-based Aspen Oak Capital Partners.

The work-from-home revolution and pandemic shakeups made relocation a popular choice in 2022. Residential real estate platform Opendoor determined that the Houston suburbs of Katy and Cypress were two of the cities that heated up the most last year.