News / Features

Texas sees spike in foreclosure activity in May

Texas registered the third-highest number of foreclosure starts last month, according to a new ATTOM market report.

Housing starts plunge in May amid uncertain economic conditions

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

The Fed hikes interest rates 0.75% — what it means for real estate

The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?

Japanese builder acquires Texas-based Chesmar Homes for $514M

As part of the agreement, Sekisui House will acquire Chesmar Homes, CLM Mortgage, Inc., Entitled Insurance, Inc. and N Title, Inc.

Compass and Redfin announce layoffs

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Is the ‘lumber bubble’ finally bursting?

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

Zumper: Sugar Land least affordable rental city in Houston metro

Last month, the median price for a one-bedroom rental in Texas was $1,114. According to a Zumper report, the average monthly cost of a one-bedroom rental in Sugar Land was $1,250.

Hamilton Zanze purchases Houston multifamily apartment community

The purchase marks the San Francisco-based company’s 26th acquisition in Texas, according to a press release.

Houston’s housing supply struggles to keep pace with job growth

For every single-family home or apartment permit generated in Houston in the past year, there were 2.2 jobs created.

Ranking every state by its most expensive home listing. Where does Texas land on the list?

It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.

Houston real estate market shows stability in May

May home sales maintained a healthy pace despite climbing housing prices and mortgage interest rates. And, due partly to an increase in new listings, housing inventory reached its highest level of the year, HAR reports.

10 most-expensive Houston homes sold in May

In May, 10 of Houston’s priciest homes sold for a combined total of $52,969,000. Among the homes removed from the market last month was a 20,122-square-foot estate in Houston’s Stablewood subdivision.

Tech brokerage launches in Houston with real estate veterans

California-based real estate startup Radius has expanded into Houston, with brokers Sharon Seline Wright and Kelly McQuerry Henderson joining the brokerage as founding members, according to a press release.

Great location — adjacent to Jurassic Park

Your dream home is ready for excavation in Cleveland, Ohio. With large dinosaur statues playing out prehistoric scenes, this three-bedroom colonial is like no other home on the market.

Houston apartment community trades hands via Walker & Dunlop

New York City-based Lone Star Capital Group recently purchased Parc at Champion Forest, a workforce housing community in the Champions area of Houston.

Half of Americans are brought to tears while buying a home

A new Zillow survey revealed that 50% of Americans cry while buying a home, with Gen Z and millennial buyers far more likely to shed tears at least once during their home-buying journey.

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