News / Features

New-home sales jump in July 

July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000. 

Existing-home sales end 4 months of declines in July 

The pace of home sales increased 1.3% from June after months of decreases, the National Association of REALTORS® said.      

New listings rise 21% in latest HAR weekly snapshot 

Closed home sales fell 13% year over year in the week ended Aug. 19, sliding to 1,434 from 1,649 a year earlier. 

Nan and Company’s White Linen Night 

The brokerage hosted a cool but casual event at their headquarters in The Heights. 

The 10 most expensive homes sold in greater Houston in July

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. 

NAR elevates Nykia Wright from interim to permanent CEO

Wright had served as interim CEO since November.

Houston housing market shifts to balance, sellers no longer at an advantage

Competition in the housing market is expected to reignite as falling mortgage rates breathe new life into buyers, according to Zillow’s latest report. 

Houston Housing Authority opens new affordable-housing complex in East End 

To commemorate the opening, a ribbon-cutting ceremony was held with Housing Authority President and CEO David Northern Sr. and other elected officials. 

New listings surge 23.3% in Houston 

At the same time, closed home sales fell 13% in the latest weekly report from the Houston Association of REALTORS®. 

Apartment construction surges nationwide and in Houston

Greater Houston ranked No. 6 among major metro areas, with more than 18,300 apartments expected to be completed in 2024. 

Houston home sales rise in July as luxury segment surges 

The latest Market Update from the Houston Association of REALTORS® shows a 1.8% year-over-year increase in all single-family home sales. 

Michigan agents sue NAR, claim membership requirement to access MLS violates federal law

The lawsuit criticizes NAR’s new rules in the wake of its legal settlement.

Housing inventory reaches post-pandemic high as market continues to balance

The combination of rising inventory and price reductions in Houston and nationwide is creating a more buyer-friendly market.

Private equity firm picks up Seabrook 55-plus community 

Green Courte Partners purchased the 348-unit Chesapeake Bay development. 

Average mortgage rate drops to lowest level in more than a year

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

What you need to know when NAR’s new rules start Aug. 17

NAR’s commissions lawsuit settlement includes some nuances important to know for buyer’s agents, seller’s agents and clients. 

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