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“Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity.” — NAR chief economist Lawrence Yun
Coventry Homes has launched sales of new homes in Escondido, a master-planned community northwest of Houston in Magnolia. Residents can choose from 15 floor plans ranging from 1,739 to 3,336 square feet. The single-family homes are priced from the
The iconic home from “A Nightmare on Elm Street” is prime Hollywood real estate. And it’s currently for sale.
Home-price gains were once again broadly distributed, as all 20 cities in the S&P CoreLogic Case-Shiller Home Price Index rose, although in most cases at a slower rate than a month ago.
It’s been a more than a year and a half of technological innovation in real estate in response to the COVID-19 pandemic, and the Federal Housing Finance Agency has decided to make one tool — desktop appraisals — permanent.
At the same time, the increase in interest rates drove fewer borrowers to refinance their loans, according to the Mortgage Bankers Association.
Bspoke Title Holdings recently announced the addition of John Magness, Sarah Blackburn, Patricia Rissanen, Britt Naponic and Michael Neary, Jr. to its executive management team, according to a press release. Magness, the company’s chairman, is a 30-year industry veteran
The month also saw a slight shift in inventory, even though shortages continued.
Pet ownership increased dramatically during the pandemic. 73% of homeowners report at least one pet in the home.
“There simply aren’t enough homes for sale relative to the demand fueled by millennials armed with low mortgage rate-driven house-buying power.” — First American Deputy Chief Economist Odeta Kushi
A new northwest Houston master-planned community by Johnson Development Corp. will focus on sparking joy and eliciting positivity in its homeowners, according to a press release. Aptly named Jubilee, the 1,620-acre Hockley development will aim to improve its homeowners’
The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price increases.
New listings have slowed again in Houston’s real estate market, falling 8.9% during the week ended Oct. 18, according to the Houston Association of Realtors (HAR) weekly activity snapshot. This nearly 9% decline followed a 1.3% year-over-year decline in
The kitchen located in the Greater Houston Builders Association’s headquarters recently got a facelift in honor of the association’s 80th anniversary.
As the intense demand for homes continues to outmatch supply nationwide, buying a home is becoming an increasingly expensive feat. The median value of a home in the U.S. is $281,370, an 11.6% increase over the last year. Meanwhile,
Freddie Mac plans to offer at least $3 billion in single-family affordable housing bonds to support affordable homeownership and serve historically underserved markets, according to a press release. To underscore this effort, the company is offering approximately $285 million
