United Real Estate has merged with Texas United Realty to create one of the largest independently owned brokerages in Houston, a press release announced Monday.

Despite the record low number of homes for sale, prices and pending sales continue to rise.

Larry Johnson founded Johnson Development Corp. in 1975 and built it into one of Texas’ most successful real estate companies. He anticipated Houston’s growth into one of the country’s largest cities and the ensuing demand for housing, helping him build his business legacy. 

Construction of a Miami mansion will coincide with the creation of its identical counterpart in the virtual world to form a first-of-its-kind “MetaReal” mansion, according to a press release.

Homeownership remains a cheaper option than renting in the majority of areas, according to a new study by ATTOM Data Solutions.

The Houston area is home to 10 of the top-selling master-planned communities in the nation, according to a year-end report by RCLCO Real Estate Consulting.

Taylor Morrison topped Lifestory Research’s annual list of America’s Most Trusted® Homebuilders — for the seventh consecutive year.

With most consumers still in holiday mode during the final week of 2021, new Houston listings fell short of last year’s numbers for a second consecutive week.

The low number of active single-family home listings in December was yet another reflection of the record-setting pace of home-buying in Houston leading up to the holidays.

Houston’s new and active single-family home listings in December fell behind 2020 levels while average listing prices reached a record high, according to a new report by the Houston Association of REALTORS® (HAR). 

At the same time, the average 30-year fixed-rate mortgage rose to 3.33%, its highest level since April 2021, the Mortgage Bankers Association said.

Inflation concerns are influencing plans for homebuyers and sellers, according to a recent Redfin survey.

Coventry Homes recently launched sales of new homes in Dunham Pointe, a master-planned community in Cypress. The builder is offering designs for 50- and 70-foot sites, according to a press release. 

Phoenix, followed by Tampa, Fla., and Miami, claimed the largest price gains among the 20 metro areas in the index. according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. 

The holiday season is in full swing, causing slower activity in the Houston real estate market, according to the Houston Association of REALTORS® weekly activity snapshot. 

Texas gained more residents than any other state between July 2020 and July 2021, according to recent U.S. Census Bureau data.