Real Estate

Guaranteed Rate unveils new Spanish-language mortgage program

Houston Agent Magazine 9/23 8:03A Emily Marek
The mortgage lending and digital finance company Guaranteed Rate has launched an extensive Language Access Program to expand services to Spanish-speaking clients. The program uses language and cultural information to create an inclusive and...

10 most expensive active listings in Texas

Houston Agent Magazine 9/23 7:54A Emily Marek
The luxury market continues to thrive across Texas. With prices hitting an all-time high, more and more homes are being sold with million dollar-plus price tags. Three of the most expensive homes listed in the past 30 days were listed by Compass...

New home sales, prices peak in Houston

Houston Agent Magazine 9/23 7:50A Emily Marek
New home sales and prices in Houston have hit a “peak,” according to CEO Ben Caballero. “New home sales peaked in May, while their average sales price appears to be peaking now,” said Caballero. “While inventory continues to...

HAR: Single-family rentals still in high demand in August

Houston Agent Magazine 9/22 5:56A Emily Marek
Single-family home rentals have increased 19.2% year over year, according to the Houston Association of REALTORS®’ August 2022 Rental Market Update . A total of 3,639 leases were signed in August 2022, compared to 2,052 signed in August 2021. The...

HAR: New listings are up, but closings are still down

Houston Agent Magazine 9/22 5:55A Emily Marek
New listings are finally up in August, according to HAR’s Weekly Activity Snapshot . Though new listings have been down from 2021 for the past three weeks, there was a 6.3% year-over-year increase in the amount of properties entered into the...

Real Estranger Things

Houston Agent Magazine 9/21 12:29P Emily Mack
Enter the Upside Down… in Fayetteville, Ga! The famous Byers home from “Stranger Things” is officially on the market. For $300,000 you could live within the walls that Winona Ryder once frantically...

Houston ranks 2nd in the nation for low cost of living

Houston Agent Magazine 9/21 7:33A Emily Marek
Among the 20 most populous metropolitan areas in the United States, Houston ranks 2nd when it comes to cities with the lowest cost of living. Using data from the Council for Community and Economic Research and the Cost of Living Index, Q2, ‘22,...

NAR: Existing-home sales fell in August while prices rose

Houston Agent Magazine 9/21 5:29A John Yellig
Existing-home sales fell for the seventh consecutive month in August as prices rose again, the National Association of REALTORS® said. Month over month, existing-home sales, which are completed transactions, including single-family homes,...

Houston ranks 3rd in the nation for best “bang for the buck”

Houston Agent Magazine 9/20 9:20A Emily Marek
When it comes to getting the “most bang for the buck,” Houston ranks third in the country, according to a report from the residential real estate platform Home Bay . Using data from the U.S. Census Bureau, Home Bay analyzed statistics from the 50...

NAR: Charitable giving by REALTOR® associations increased 20% in 2021

Houston Agent Magazine 9/20 7:49A Emily Marek
Charitable giving among REALTOR® associations increased significantly in 2021 compared to the year before, according to new data from the National Association of REALTORS®. The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR®...

Housing starts surprise to the upside in August

Houston Agent Magazine 9/20 7:38A John Yellig
New residential construction jumped a surprising 12.2% in August, as both single-family and multifamily starts increased from July’s pace, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said in a press release ....

RE/MAX: August sales indicate a rebalancing of the housing market

Houston Agent Magazine 9/19 6:39A Emily Marek
Data from the RE/MAX National Housing Report suggests the housing market is on its way to rebalancing. The average close-to-list price ratio fell to 99% in August, according to data from 51 metro areas across the U.S. With homes now selling below...

Builder confidence falls for ninth consecutive month

Houston Agent Magazine 9/19 5:22A John Yellig
Builder confidence fell for the ninth month in a row in September, hitting its lowest level since May 2014, the National Association Home Builders reported, citing a continuing combination of increased interest rates, building-material supply...
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