News / Features

New-home sales fall again in February 

Affordability and supply-chain issues continued to weigh on the sales of new single-family residences.

Johnson Development to host annual Best of the ‘Burbs tour

Johnson Development will showcase more than 100 model homes throughout Houston during the company’s annual Best of the ‘Burbs home tour in April and May.

Howard Hughes Corp. appoints new chief innovation officer

The Howard Hughes Corp. (HHC) recently announced that Jesse Carrillo has been named the company’s chief innovation officer. 

NAR Generational Trends Report shows millennials make up 43% of homebuyers

What does the current generation of homebuyers and sellers look like? How old are they and how are they doing business? NAR has answers.

Houston townhouse for sale — perfect for entertaining F·R·I·E·N·D·S

Ever wanted to cook in Monica’s kitchen? Hang out on the Central Perk couch with a cup of joe? This “Friends” home, furnished with colorful set replicas, has it all.

Manufactured homes in high demand amid affordable housing crisis 

Despite supply challenges, Texas housing manufacturers are optimistic as the spring selling season approaches, according to the latest survey by the Texas Manufactured Housing Association. 

Cross Creek Ranch sells land to school district

The 14.9-acre site, located along Fulshear Bend Drive, was purchased with Lamar CISD bond funds, according to a press release. The school is set to open in August 2024.

Expect more growth in the home renovation industry, Houzz reports

Houzz, the home remodeling and design platform, has released its annual U.S. State of the Industry report which reveals a four-year high in revenue growth.

Texas has seventh-highest property tax rate in U.S.

Texas is home to one of the highest property tax rates in the country, according to a recent study from WalletHub.

RE/MAX: Houston led the country in February home sales

Greater Houston saw the most significant increase in the U.S. for year-over-year home sales in February, according to the latest RE/MAX National Housing Report. Home sales were up nearly 21% from the same month in 2021. 

Existing-home sales swing back to negative territory in February 

The median existing-home price for all housing types in February was $357,300, up 15% from a year before, as median prices rose in each region.    

New-home construction picks up in February  

“More groundbreaking is welcome news for a supply-starved housing market.” — First American deputy chief economist Odeta Kushi 

Developer launches sales gallery for The Residences at Tiki Island

Texas-based developer Legend Communities has officially opened an on-site sales gallery for The Residences at Tiki Island, a waterfront resort near Galveston.  

Astoria penthouse
Luxurious Astoria penthouse sells for $6.9M

A penthouse in the acclaimed Astoria high-rise recently sold for $6.9 million, marking the second-priciest penthouse sold in Houston, according to the Houston Association of REALTORS® Multiple Listing Service. 

No relief in sight for Houston’s dwindling housing inventory

Realtors entered 2,492 properties into the Multiple Listing Service (MLS) in week 10, a 9.6% drop from the same week in 2021, according to the Houston Association of REALTORS® weekly activity snapshot.

Builder confidence falls on supply-chain issues, construction costs 

The measurement of six-month sales expectations among homebuilders took an especially negative turn in March, according to the National Association of Home Builders. 

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