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July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000.
The pace of home sales increased 1.3% from June after months of decreases, the National Association of REALTORS® said.
Closed home sales fell 13% year over year in the week ended Aug. 19, sliding to 1,434 from 1,649 a year earlier.
The brokerage hosted a cool but casual event at their headquarters in The Heights.
The priciest home sold in greater Houston last month was a 10,468-square-foot house in the River Oaks Tall Timbers subdivision, which was listed and sold by COMPASS agents.
Wright had served as interim CEO since November.
Competition in the housing market is expected to reignite as falling mortgage rates breathe new life into buyers, according to Zillow’s latest report.
To commemorate the opening, a ribbon-cutting ceremony was held with Housing Authority President and CEO David Northern Sr. and other elected officials.
At the same time, closed home sales fell 13% in the latest weekly report from the Houston Association of REALTORS®.
Greater Houston ranked No. 6 among major metro areas, with more than 18,300 apartments expected to be completed in 2024.
The latest Market Update from the Houston Association of REALTORS® shows a 1.8% year-over-year increase in all single-family home sales.
The lawsuit criticizes NAR’s new rules in the wake of its legal settlement.
The combination of rising inventory and price reductions in Houston and nationwide is creating a more buyer-friendly market.
Green Courte Partners purchased the 348-unit Chesapeake Bay development.
The average 30-year fixed mortgage rate dropped more than a quarter point since last week.
NAR’s commissions lawsuit settlement includes some nuances important to know for buyer’s agents, seller’s agents and clients.