Real Estate

New listings of homes in Houston decline again

Houston Agent Magazine 10/22 6:56A Lindsey Wells
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...

5 reasons why buyers will love these Independence Heights homes

Culturemap Houston Real Estate 10/21 7:30A CultureMap Create
Buying your first home is an exciting time for everyone, but it's not always easy to know what to look for. Douglas Elliman agent Harris Benson knows a thing or two about working with first-time...

Which Houston zip codes are the most expensive?

Houston Agent Magazine 10/21 3:00A Lindsey Wells
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, homeowners...

Freddie Mac to offer $3B in affordable housing bonds

Houston Agent Magazine 10/21 3:00A Lindsey Wells
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...

September saw fewer homes sold, another increase in prices

Houston Agent Magazine 10/20 10:32A Liz Hughes
The continued lack of inventory is restricting home sales nationally. Fewer homes sold in September as new listings fell 9% from last year and closed home sales dropped 5%, according to a new Redfin report . Despite the declines, the median home...

New-home construction cools in September

Houston Agent Magazine 10/20 9:15A John Yellig
The pace of privately owned new residential construction slowed in September, as starts in the multifamily sector fell, and those in the single-family group were flat compared to August. Including single-family homes and buildings with five or...

RE/MAX: Houston housing market takes a pause in September

Houston Agent Magazine 10/20 3:44A John Yellig
Houston s housing market took something of a breather in September, as days on market rose 7.4% from August, and months supply of inventory slid 5.6%, according to RE/MAX’s National Housing Report .   The number of closed sales fell 8.9% month...

Dream Finders Homes acquires assets of McGuyer Homebuilders

Houston Agent Magazine 10/20 3:00A Lindsey Wells
Dream Finders Homes, Inc. (DFH) has acquired certain assets of privately held Texas homebuilder McGuyer Homebuilders Inc. (MHI) for $471 million in cash at closing, subject to post-closing adjustments. McGuyer (MHI) builds homes in Houston,...

Redfin: Climate change will exacerbate U.S. housing shortage

Houston Agent Magazine 10/20 3:00A Lindsey Wells
Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report . The housing market is short 3.8 million homes of what is needed to meet the country’s demand. Active listings of homes...

Zillow pauses its iBuyer service for the rest of 2021

Houston Agent Magazine 10/19 6:07A Emily Mack
Zillow announced it will not sign any new contracts to buy homes until the end of the year due to a “backlog in renovations and operational capacity constraints.” The web-based real estate company made the announcement yesterday. Since then, the...

Foreclosure activity on the rise, yet still far below historic norms

Houston Agent Magazine 10/19 5:18A Liz Hughes
It’s been barely three months since the federal moratorium on foreclosures expired, but it’s starting to prove costly, as nationally, foreclosures are on the rise , having increased 67% from last year. According to a new report, however, they’re...

Howard Hughes Corp. unveils plans for newest Bridgeland addition

Houston Agent Magazine 10/19 3:00A Lindsey Wells
The Howard Hughes Corp. recently announced plans for Parkland Row, the newest addition to its Bridgeland master-planned community. Set to follow a traditional neighborhood design (TND), Parkland Row will feature extensive sustainability features,...

MLS consortium scoops up digital MLS Remine

Houston Agent Magazine 10/18 11:04A John Yellig
Four multiple-listing-services have formed a consortium to acquire Vienna, Va.,-based digital MLS Remine. The group of acquiring MLSs includes First Multiple Listing Service in Atlanta, MIAMI REALTORS®, ACTRIS MLS in Austin , Texas, and Heartland...

Zillow: Unprecedented housing market shift has had little impact on sellers

Houston Agent Magazine 10/18 3:00A Lindsey Wells
While the past year has been unprecedented in terms of economic change and a global pandemic, most U.S. home sellers’ experiences were similar to past years, according to Zillow’s latest consumer housing trends report . Consistent with the past...
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