The limited inventory that has plagued the housing market continued, although at an abated pace.

A recent NAHB survey shows that regulatory costs imposed by the government account for $93,870 (or 23.8%) of the current price of new homes.

Residential property equity continued to grow in the first quarter of 2021, with one in three homes considered equity rich.

While the competition was not quite as strong across Houston, the 62.4% rate on offers this past April was a slight bump from the 60.4% rate in March, and a dramatic rise from the 36.2% rate in April 2020.

Josey Lake, Bridgeland’s 140-acre waterway, won the Urban Land Institute’s People’s Choice Award for the creative and thoughtful way it combines nature and development.

The builder’s Houston division won the Avid Gold Award for extraordinary customer service for production in the South Central region of the U.S.

Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.

As Houston’s luxury home market stays red-hot, nine Houston buyer’s agents helped clients purchase the 10 most expensive homes in April priced up to $7,450,000.

Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.

Houston saw an increase in single-family home sales, total property sales, total dollar volume sales, new listings, pending listings, closings and showings compared to April 2020.

Practically every single one of the 183 metro areas tracked by the NAR saw significant year-over-year increases in the price of homes during the first quarter, with the median sales price of a single-family home in Houston jumping to 14.9% on a year-over-year basis to $281,800.

Industrial Paint and Protection Magazine examined which residential markets are booming and where construction workers are in high demand, but make a reasonable wage.

The number of buyers who locked in mortgage rates for second homes spiked to 178% year over year in April, according to a report from Redfin.

The housing market hit records last month as home prices reached an all-time high and homes sold faster than ever. 

The employment numbers for March were revised down as well. The most recent data indicate a 770,000 increase in jobs for the month, compared to the previously reported increase of 916,000.

The developer plans to turn the land into an agrarian-inspired residential community and approximately 1,200 homes are expected.