Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September 2023. 

Houston is one of the top real estate markets in the country, according to the Urban Land Institute and PwC’s Emerging Trends in Real Estate in 2023 report.

The technology survey offers insights into how Realtors value technology and use social media.

A luxurious custom mansion has hit the market in Houston for $9.25 million, but with a twist: The seller is including a 2004 Rolls Royce from his personal collection in the sale.

Of the homes listed in the previous 31 days, the most-expensive new listing in Texas is a 10,720-square-foot new build in Highland Park. The property, which is located in the Mount Vernon 03 subdivision in Dallas County, is listed just shy of $19 million.

The Atlanta-based homebuilding giant will replace the outgoing executive with its senior vice president for field operations. 

September is the fourth month in a row to see declining sales activity. 

A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14% rate. 

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.  

At the same time, mortgage applications declined 1.7% on a seasonally adjusted basis on a week-over-week basis, according to the Mortgage Bankers Association. 

Springwoods Village community Harper Woods is nearing a full close out, with only two properties still available for purchase.

Despite the slowdown, however, U.S. housing prices remain significantly higher than they were a year ago. 

“We are excited to expand our footprint in the Cypress community with the development of this luxury community joining our Houston portfolio,” said John Foresi, CEO of Venterra Realty.

The only other time the market saw such change was at the beginning of the pandemic. 

Month over month in September, existing-home sales slid 1.5% to 4.71 million, which is 23.8% lower than the year before. 

Houston developer Canterbury Development has announced plans to break ground on a sixth apartment complex for people ages 55 and up.