News / Features

Coventry Homes opens models in two North Houston communities

Coventry Homes recently expanded its model home portfolio with new models opening in Escondido and The Highlands.

First American Financial names Hurst its first chief innovation officer

The company has named Paul Hurst its chief innovation officer, a new role that reports directly to CEO Ken DeGiorgio.

Ahead of Fed hike, homes selling at a record pace

Of the homes that went under contract during the four weeks ended March 6, 58% had an accepted offer within the first two weeks of going on the market, and 45% had an accepted offer within just one week, Redfin reported.

Opinion: Now’s the time to help the people of Ukraine

Paul Ratha Yem is a Massachusetts real estate broker and former Cambodian refugee who sees parallels between his story and the women and children escaping war-torn Ukraine.

Illustrious River Oaks mansion sells for $16M

The Houston mansion once owned by the late Baron Ricky di Portanova and Baroness Alessandra di Portanova has been sold for $16 million.

Habitat for Humanity aims to soften housing crisis for mixed-income earners

Amid growing concerns regarding the lack of affordable housing across the nation, one master-planned community in Houston aims to provide a safe place to call home for families in the area.

NAR: Russia-Ukraine tensions unlikely to impact U.S. housing market 

Foreign buyers accounted for less than 2% of U.S. residential real estate transactions last year, and Russian buyers accounted for less than 1% of those, the National Association of REALTORS® reported. 

Mortgage applications rise, interest rates fall as Ukraine uncertainty roils markets 

“Looking ahead, the potential for higher inflation amidst disruptions in oil and other commodity flows will likely lead to a period of volatility in rates.” — MBA associate vice president of economic and industry forecasting Joel Kan 

First week of March uneventful for Houston real estate

Despite the slight uptick in new listings from last week, Houston’s numbers during the first week of March remained statistically flat compared to the same week in 2021. 

Steady consumer demand drives home prices to record highs, inventory to historic low

According to the Houston Association of REALTORS® February 2022 Market Update, single-family home sales totaled 7,372 last month, a 22.9% jump from the previous year. 

Inflation a source of frustration among Houston renters

Currently, median rents in Houston stand at $1,012 for a one-bedroom apartment and $1,204 for a two-bedroom. Houston’s median two-bedroom rent is below the national average of $1,294, an Apartment List report noted.

Sienna houston texas
Sienna celebrates anniversary, reflects on milestones

This year marks the 25th year of new home sales for Sienna, which was ranked among the nation’s top-selling master-planned communities in January.

Take this Illinois ‘dome home’ for a whirl

Just an hour from outer Chicago, sits a spaceship-like structure: Illinois’ famous rotating house.

RE/MAX celebrates 2 million transaction sides at annual convention in Las Vegas 

The real estate franchisor’s 140,000 agents closed more than two million transaction sides in 2021 to become the first real estate brand to do so in a single calendar year, according to the company.

Jordan Ranch community celebrates significant milestone 

More than 1,000 homes have been sold in Jordan Ranch since builders initially launched sales in the community just over five years ago.

HomesUSA: Houston’s new-home market ‘inching its way back to normal’

Despite inventory challenges, the market for new homes in Houston is showing signs of improvement. A new report from HomesUSA.com revealed that new homes are staying on the market longer and prices and sales are stabilizing. 

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