News / Features

New-home sales soar 12.4% in November

The median sales price of new homes hit a new high of $416,900.

Houston ranks No. 3 among cities with highest home renovation ROI

HomeAdvisor recently analyzed real estate listings in 10 of the hottest housing markets in 2021 to determine the top five cities that saw the highest return on investment (ROI) from home renovations.

Luxury home sales in Texas increase nearly 90% from 2020

More Texans are opting for luxurious living spaces compared to last year, according to the 2021 Texas Luxury Home Sales Report by Texas REALTORS®. The annual report examining housing statistics for homes that sold for $1 million or higher across the state showed total sales dollar volume reached $19.9 billion, a 93.3% increase from the previous year.

NAR: Existing-home sales post third monthly gain in a row

The median existing-home sales price for all housing types rose again on an annual basis, marking 117 consecutive months of gains.

Houston market hits winter freeze as new listings continue downward trend

The number of new listings in the Houston real estate market continue to trail 2020 levels as they closed out their sixth consecutive week of declines on Dec. 20, according to the Houston Association of Realtors (HAR) weekly activity snapshot. 

Illinois ‘Goth Home’ goes viral — and it’s for sale

You’ve heard of Gothic architecture … but what about goth architecture? A certain listing in Lincoln, Ill. is trending for its shocking black exterior.

Eviction crisis unfolds as courts process backlog of filed cases

Eviction filings are rising as millions of Americans are being forced from their homes months after lawmakers allowed the federally imposed eviction moratorium to expire. 

HAR adds Spanish language option to its MLS platform

The Houston Association of Realtors (HAR) has introduced a Spanish language option to its Multiple Listing Service (MLS) platform in response to the state’s growing Spanish-speaking population.

Houston housing market maintains momentum in November

“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey

ERA Real Estate expands Texas presence with Legacy Living affiliation

ERA Real Estate has affiliated with ERA Legacy Living, making Legacy Living the 19th Texas brokerage in the ERA network, according to a press release.

Houston’s mid-December market numbers trail behind 2020 levels

New Houston listings have fallen behind 2020 by 17%, down for the fifth straight week, according to the Houston Association of Realtors weekly activity snapshot. 

Zillow, Down Payment Resource partner to provide down-payment assistance to homebuyers

The partnership will help potential homeowners find down-payment assistance programs to make homeownership more attainable, especially for first-time buyers.

Redfin reports 10 housing records set in 2021

The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report. 

NAR applauds President Biden’s nomination of FHFA director

The National Association of REALTORS®  applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.

LoanSnap closes home loan in less than 24 hours

LoanSnap said it used  its innovative AI technology, affectionately called Nell, to close the loan in the record-breaking amount of time.

New-home construction ramps up in November as demand stays high

“November’s housing starts report signals strength for the housing market.”  — First American deputy chief economist Odeta Kushi

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