In Houston, 36.7% of Redfin offers faced competition in August

O’Neill will now oversee The NRP Group’s expansion efforts in Austin, Dallas-Fort Worth and Houston, as well as new western markets like Arizona and Colorado.

Civicap Partners has purchased Metro Midtown, a 419-unit luxury complex in downtown Houston, according to Multi-Housing News.

Sales of new homes in the U.S. jumped 28.8% between July and August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

NAR and the National Forest Foundation (NFF) plan to plant 1.575 million new trees by the end of 2025, thanks to a $1.575 million donation from NAR. That many trees will reduce 750,000 metric tons of carbon in the atmosphere — the equivalent of 145,931 homes’ yearly electricity use.

The mortgage lending and digital finance company Guaranteed Rate has launched an extensive Language Access Program to expand services to Spanish-speaking clients. The program uses language and cultural information to create an inclusive and informative experience for all clients, regardless of their English proficiency.

Three of the most expensive homes listed in the past 30 days were listed by Compass RE Texas, LLC agent Jonathan Rosen, the priciest of these being a 10,577-square-foot home in Dallas listed for nearly $16,000,000.

New home sales and prices in Houston have hit a “peak,” according to HomesUSA.com CEO Ben Caballero.

Two economists expressed concerns about the real estate industry in the wake of the Fed’s decision to raise interest rates by three-quarters of a percent. 

New listings are finally up in August, according to HAR’s Weekly Activity Snapshot.

Enter the Upside Down… in Fayetteville, Ga! The famous Byers home from “Stranger Things” is officially on the market.

Among the 20 most populous metropolitan areas in the United States, Houston ranks 2nd when it comes to cities with the lowest cost of living.

The median existing-home price for all housing types in August was $389,500, a 7.7% rise from the year before. 

When it comes to getting the “most bang for the buck,” Houston ranks third in the country, according to a report from the residential real estate platform Home Bay.

The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.

New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.