Single-family home construction slows for second month in a row as apartment starts jump

Houston Agent Magazine 5/18 6:32A John Yellig

New residential construction declined in April, as single-family starts fell for the second month in a row, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said in a press release . Single-family housing starts...

Homeowner equity surges again in Texas, emerging U.S. metros

Houston Agent Magazine 5/18 12:02A Lindsey Wells

Nearly half of the mortgaged residential properties in the nation were considered equity-rich in the first quarter of 2022, according to a new report by real estate data provider Attom. Attom s Q1 2022 Home Equity & Underwater Report shows that...

Developer launches sales gallery for London House

Houston Agent Magazine 5/18 12:00A Lindsey Wells

Real estate developer Randall Davis Company recently announced that an on-site sales gallery has opened for London House, a luxury mid-rise development overlooking the estates of River Oaks. Compass Real Estate agents Laura Sweeney and Tommy...

NAHB: Builder confidence plunges in May on affordability concerns

Houston Agent Magazine 5/17 6:23A John Yellig

Homebuilder confidence fell for the fifth month in a row in May with a steep eight-point drop in the latest NAHB/Wells Fargo Housing Market Index (HMI). Affordability challenges, driven by rapidly rising interest rates, double-digit increases in...

Coventry Homes debuts new model home in Bridgeland

Houston Agent Magazine 5/16 7:02P Lindsey Wells

Coventry Homes recently unveiled a model home in the new Prairieland Village section of Bridgeland. The two-story Lumberton floor plan at 10706 Monarch Butterfly Dr. features four bedrooms and 3,673 square feet of living space with a study,...

10 most-expensive active listings in Texas

Houston Agent Magazine 5/16 7:01P Lindsey Wells

The demand for luxury homes in Texas is strong, as record-high prices and low inventory have led to a spike in homes sold in the million-dollar-and-up range. The Houston Association of REALTORS® (HAR) recently reported that Houston’s luxury...

Inside the rise in Hispanic homeownership

Houston Agent Magazine 5/13 9:09A Emily Mack

via NAHREP The rate of Hispanic homeownership is steadily increasing, new data from The National Association of Hispanic Real Estate Professionals (NAHREP) shows. With 8.8 million Hispanic-owned...

Less buyers doesn’t mean more available homes

Houston Agent Magazine 5/13 8:17A Liz Hughes

There may be less buyers in today’s real estate market, but that’s not keeping them from gobbling up what’s out there to be purchased. And despite home demand falling, houses are selling faster than ever. A new report from Redfin found in the...

Texas ranks 14th best in nation for business tax climate

Houston Agent Magazine 5/13 12:02A Liz Hughes

The Tax Foundation ranked Texas No. 14 in the country for business taxes in the ?? 2022 State Business Tax Climate Index. The index is designed to help business leaders, taxpayers and government officials gauge how their states’ tax systems...

Coldwell Banker Realty announces leading Houston agents

Houston Agent Magazine 5/13 12:00A Lindsey Wells

Coldwell Banker Realty in Houston recently announced its top agents for 2021. Oksana Bogott, Lisa Gregory Real Estate Group and Ruchti Realty Group were named the No. 1 agents in the region across the individual, large team and small team...

Zillow 3D Home tours now available on Redfin

Houston Agent Magazine 5/12 12:02P Emily Mack

Zillow 3D Home tours, which offer interactive, 360-degree views of listings, will now appear on Redfin automatically — with no additional steps required from agents. The tours are free to build for...

Realogy rebrands as Anywhere Real Estate

Houston Agent Magazine 5/12 7:55A Emily Mack

Realogy Holdings Corp. is officially rebranding as Anywhere Real Estate Inc. According to a press release, the company expects to implement the rebrand by end of second quarter 2022. Several major real estate brands, including CENTURY 21,...

Enjoy many starry nights in this Pennsylvania home

Houston Agent Magazine 5/12 6:45A Emily Mack

These walls tell a beautiful story. When a quaint home in Conestoga, Pennsylvania, hit the market recently, the listing went viral. As commenters marveled at the property, though, they were not focused on its unique location or layout. Rather,...

New, pending listings register year-over-year decline

Houston Agent Magazine 5/11 7:05P Lindsey Wells

Pending listings saw their fifth consecutive weekly decline last week, as record-high home prices and record-low inventory remain a challenge for would-be buyers. A total of 2,449 property listings went under contract in week 18, an 18.4% decline...

Houston home sales remain strong in April as prices soar

Houston Agent Magazine 5/11 7:04P Lindsey Wells

Despite the Houston market’s robust performance last month, sales volume in April failed to keep up with the previous year’s historic pace as record-high prices , rising interest rates and limited inventory weighed on home-buyers during what is...