Houston-area buyers who finance a Coventry home through the builder’s preferred lender between June 17-30 can choose from three options to alleviate concerns over rising home prices and interest rates.

The number of homes for sale in May rose 16.3% month over month and 2.2% year over year. Months’ supply of inventory rose to 0.9 from 0.8 in April and fell from 1 in May 2021. 

Megatel Homes has broken ground on Saint Tropez, a 4,500-lot residential lagoon community spanning over 1,000 acres in Houston.

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

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

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

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

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.

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

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.

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

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

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

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.

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.

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.