Multifamily occupancy down in Houston

Houston Agent Magazine 3/20 7:30A Emily Marek

Via Colliers Multifamily construction may have exceeded demand in Houston, according to Colliers’ latest report . Demand for Class B and C units decreased considerably in 2022, which led to an overall...

How sellers can — and should — improve curb appeal

Houston Agent Magazine 3/17 8:48A Emily Mack

The vast majority of Realtors — 92% — suggest that sellers improve the “curb appeal” of a home before listing, according to new research. But how exactly should sellers go about that? A recent report from by the National Association of REALTORS®...

Rents continue to creep up for one- and two-bedroom apartments in Houston

Houston Agent Magazine 3/17 7:06A Emily Marek

Via Zumper Month-over-month increases in rental costs have slowed across the country, but it’s still more expensive to rent a one- or two-bedroom apartment in Houston than it was last year. Real...

Housing starts post major gains in February

Houston Agent Magazine 3/16 10:20A John Yellig

New-home construction surged in February as builders sought to take advantage of tight existing-home inventory. Housing starts, which include construction of both new single-family and multifamily residences, rose 9.8% month over month to a...

Lappin Properties meets demand for rural properties with Round Top Springs

Houston Agent Magazine 3/16 8:42A Emily Marek

Houston-based real estate brokerage firm Lappin Properties broke ground on a new development in Round Top, Texas. Once complete, Round Top Springs will be home to 16 single-family custom builds with prices starting from $2.9 million. Houston...

New Houston-area listings increase over 2022 levels

Houston Agent Magazine 3/16 4:10A Emily Marek

New listings are up 6.9% year over year, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS® . Realtors entered 2,883 homes into the Multiple Listing Service (MLS) during the week ended March 13, compared to...

Texas REALTORS® shares plans for upcoming REALTOR® Day at the Texas Capitol

Houston Agent Magazine 3/15 9:31A Emily Marek

The biennial Texas REALTORS® advocacy event, REALTOR® Day, is set to take place on Wednesday, March 22, 2023. The association shared their plans for the day in a recent news release . “Each legislative session, Realtors prove themselves as the...

Redfin: Seller concessions on the rise again

Houston Agent Magazine 3/15 8:06A Emily Marek

Nearly half of all home sales in the past three months included seller concessions, according to the latest Redfin report . These concessions include money towards repairs, mortgage rate buydowns and covering closing costs. During the same period...

Builder confidence rises again in March

Houston Agent Magazine 3/15 5:29A John Yellig

Builder confidence in the market for newly built single-family homes rose for the third month in a row in March, as homebuilders expressed cautious optimism that the lack of existing inventory would drive demand for new homes, despite high...

Multigenerational homebuying and mortgage-readiness fueling Latino homeownership rates

Houston Agent Magazine 3/14 10:16A Emily Marek

Via NAHREP While the Hispanic homeownership rate is still significantly lower than non-Hispanic homeownership — 48.6% compared to 74.4% — trends like multigenerational homebuying, co-borrowing and...

Texas lost five ‘million-dollar cities’ in the past six months

Houston Agent Magazine 3/13 12:39P Emily Marek

There are 58 less million-dollar cities in the U.S. than there were in July of last year, according to a new report from Zillow . The real estate website classifies “million-dollar cities” as any city where the typical home costs over $1 million...

Survey: Trends in luxury real estate

Houston Agent Magazine 3/13 4:19A Houston Agent

What are the trends in the luxury residential home market? Take our survey and let us know. The post Survey: Trends in luxury real estate appeared first on Houston Agent Magazine .

The 10 most-expensive homes sold in greater Houston in February

Houston Agent Magazine 3/10 8:52A Emily Marek

Half of the top 10 most-expensive homes sold in the greater Houston area in February were listed by Compass RE Texas agents, according to the latest report from the Houston Association of Realtors® . The most-expensive sale of the month, however,...

Texas REALTORS®: After a volatile few years, the Texas housing market has stabilized

Houston Agent Magazine 3/10 6:32A Emily Marek

The Texas housing market may have finally calmed from the pandemic housing frenzy, according to the Texas REALTORS®’ 2022 Texas Real Estate Year in Review report. Texas REALTORS® compiled their report using data from local Realtor associations...

Former Houston Area Women’s Center to become high-rise apartments

Houston Agent Magazine 3/10 4:00A Emily Marek

California-based Fairfield Residential purchased the former Houston Area Women’s Center (HAWC) at 1010 Waugh with intentions to construct a high-rise, multifamily apartment building in its place....