News / Features

Houston sees rising rent prices, still more affordable than majority of U.S.

Currently, median rents in Houston stand at $1,020 for a one-bedroom apartment and $1,214 for a two-bedroom. March was the third straight month the city saw rent prices increase after a decline in December.

History suggests April is the best month to list homes for sale in Houston

A new report from Realtor.com shows that April 10-16 is the ideal time of year to list a home for sale in Houston and nationwide.

Mortgage applications continue falling in latest weekly survey 

The decrease comes as interest rates continue to climb, according to the Mortgage Bankers Association. 

Houston cost of living nearly six percent lower than national average

Houston’s housing costs are 18.6% lower than the national average, according to Rent.com. The overall cost of living is nearly 6% lower.

Two more years until inventory bounces back, experts say

Housing inventory should reach pre-pandemic levels by the end of 2024, according to the results of Zillow’s latest Home Price Expectations Survey. More than 100 market experts and economists weighed in to predict upcoming trends.

Pending-home sales down for fourth month in a row 

“Buyer demand is still intense, but it’s as simple as ‘one cannot buy what is not for sale.” — National Association of REALTORS® chief economist Lawrence Yun  

Johnson Development acquires property for Candela extension

According to a press release, the company purchased 117.17 additional acres, which will accommodate 346 homes and offer a mix of 40-, 50- and 60-foot homesites.

Houston metro gained 69K residents during pandemic’s first year

Greater Houston added 69,094 residents between July 2020 and July 2021, ranking third among the top 10 metro areas in the U.S. to see the most significant numeric growth during that period. 

HomesUSA: Houston new-homes market remains ‘robust’

The report revealed that sales listed in the Multiple Listing Service for February increased to 1,565 from 1,521 in January.

Harvest Green’s Village Farm achieves organic certification

The Richmond community’s 12-acre working farm is now one of only three certified organic vegetable farms in Southeast Texas, according to Justin Myers, chief operations officer for Agmenity, which manages the farm.

Spring selling season off to slow start in Houston

Greater Houston’s volume of new listings saw a 14.2% year-over-year decrease in week 11, according to the Houston Association of REALTORS® (HAR) weekly activity snapshot.

Historic Texas 6666 Ranch under new ownership

The legendary 6666 Ranch, also known as the Four Sixes Ranch, has officially sold for the first time in over 150 years.

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.

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