News / Features

Houston No. 3 most neighborly city in America

StorageCafe surveyed 11,000 Americans to determine what, exactly, makes a friendly community — and where those communities are.

Two executives with United Real Estate in Texas named among most influential industry leaders

United Real Estate Group CEO Dan Duffy and President Rick Haase were both named to the annual Swanepoel T3 Sixty Group SP 200 list.

Texas No. 2 state to own a ‘tiny home’

The financial service provider IPX1031 has conducted a study to determine the overall best states in which to own a tiny home.

Existing-home sales slide in December while prices continue to climb

“December saw sales retreat, but the pull back was more a sign of supply constraints than an indication of a weakened demand for housing.” — NAR chief economist Lawrence Yun

The biggest dealbreakers for U.S. homebuyers

Despite fierce competition in the housing market, nationwide, potential homebuyers still have dealbreakers — and they’re revealed in a new study by HomeAdvisor.

Housing starts rise in December on strong multifamily sector

While multifamily starts surged 13.7% compared to November, the pace of new single-family housing construction slid 2.3%, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Home supply sees largest decline since pandemic’s start

December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.

Project aims to mentor a diverse generation of Houston real estate leaders

The Howard Hughes Corporation is partnering with Project Destined to mentor a more diverse generation of new leaders in Houston’s real estate industry.

Inflation worries sap builder confidence in January

“While lean existing home inventory and solid buyer demand are supporting the need for new construction, the combination of ongoing increases for building materials, worsening skilled labor shortages and higher mortgage rates point to declines for housing affordability in 2022.” — NAHB Chairman Chuck Fowke

Forbes Global Properties expands into Houston in deal with Baker & Co. 

Two luxury real estate specialists have joined forces in the Houston market as Forbes Global Properties welcomes Baker & Co. into its network.

Black mortgage applicants 84% more likely to be denied than white applicants, analysis finds

Black applicants were 84% more likely to be denied a mortgage than white applicants, the data showed, an increase from the 74% disparity in 2019.

Home Partners of America launches the Choice Lease program for lower income residents

Home Partners of America has launched Choice Lease: a first-of-its-kind program offering below-market rents to qualified applicants.

Single-family rental JV acquiring almost 3,500 Sunbelt homes

The first phase of the deal comprises 1,424 new single-family homes and townhouses in Tampa, Fla.; Atlanta and Athens, Ga.; and Pinehurst, N.C.

Mortgage applications, interest rates rise first week of January

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan

Redfin to acquire Bay Equity Home Loans

The San Francisco Bay-area mortgage lender is licensed in 42 states.

Houston sets new records for single-family home sales and average price in 2021

The Houston area set annual records for single-family home sales, average sale price, and total sales dollar volume in 2021.

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