December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.

The Howard Hughes Corporation is partnering with Project Destined to mentor a more diverse generation of new leaders in Houston’s real estate industry.

“While lean existing home inventory and solid buyer demand are supporting the need for new construction, the combination of ongoing increases for building materials, worsening skilled labor shortages and higher mortgage rates point to declines for housing affordability in 2022.” — NAHB Chairman Chuck Fowke

Two luxury real estate specialists have joined forces in the Houston market as Forbes Global Properties welcomes Baker & Co. into its network.

Black applicants were 84% more likely to be denied a mortgage than white applicants, the data showed, an increase from the 74% disparity in 2019.

Home Partners of America has launched Choice Lease: a first-of-its-kind program offering below-market rents to qualified applicants.

The first phase of the deal comprises 1,424 new single-family homes and townhouses in Tampa, Fla.; Atlanta and Athens, Ga.; and Pinehurst, N.C.

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan

The San Francisco Bay-area mortgage lender is licensed in 42 states.

The Houston area set annual records for single-family home sales, average sale price, and total sales dollar volume in 2021.

The Houston area’s 10 most expensive home sales of 2021 were listed at more than $7 million up to nearly $11 million on the high end, according to a news release from the Houston Association of REALTORS.

The 2022 U.S. Houzz Kitchen Trends Study is out, and the most popular kitchen renovation trend is upgraded countertops.

Board member Stephen Joyce will serve as interim CEO as the company conducts a search for a permanent replacement.

The Swanepoel Power 200, or SP 200, annual ranking of the most-powerful and influential leaders in residential real estate has been released.

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.