HAR’s FRESH Report shows an increase in active listings

Houston Agent Magazine 12/2 8:44A Emily Marek

The Houston Association of REALTORS® First Real Estate Snapshot of Houston shows that while new listings are down year over year, active listings have increased by nearly 70%. Per HAR’s report, new listings are down 4.7% year-over-year. However,...

Declining mortgage rates boost homebuyer demand

Houston Agent Magazine 12/2 6:45A Liz Hughes

Homebuyer demand is rising as mortgage rates continue to decline, according to a new Redfin report . On Dec. 1, daily rates fell to 6.29% according to the report, a full percentage point lower than the 7.29% peak last month. With that drop,...

A look at condominium and townhome sales in Houston

Houston Agent Magazine 12/2 5:43A Emily Marek

Condominium and townhome sales have stabilized in Texas, according to the Texas REALTORS® 2022 Texas Condominium Sales Report . The number of condos sold across Texas decreased by 0.2% in 2022, while townhome sales remained statistically static....

HAR: Holiday-season slowdown continues in Houston

Houston Agent Magazine 12/1 7:10A Emily Marek

New residential listings continued to trail last year’s numbers in the most recent Weekly Activity Snapshot from the Houston Association of REALTORS® . Realtors entered 1,343 properties into the Multiple Listing Service during the week ending...

Investors made up nearly a quarter of all single-family home sales in 2022

Houston Agent Magazine 12/1 3:09A Emily Marek

Data from the PEW Trust shows that investment companies make up approximately a quarter of the entire single-family home market across the U.S. As a result, the housing market has become more competitive with fewer houses for homebuyer purchase....

The Lexington will join The Revere in River Oaks

Houston Agent Magazine 11/30 5:30A Emily Marek

Pelican Builders has announced a new River Oaks condominium project located just one block from their latest Houston condominium building, The Revere. The Lexington , located at 2419 Mimosa Drive, will consist of 40 condominiums spread across...

Houston-area home sales and prices to grow in 2023, Realtor.com projects

Houston Agent Magazine 11/30 4:16A Patrick Regan

Home sales activity and prices are both expected to grow in the Houston area next year, according to Realtor.com’s 2023 housing forecast. The projected year-over-year change in home sale transactions in the Houston-The Woodlands-Sugar Land region...

NAR: Pending-home sales slide for fifth consecutive month in October

Houston Agent Magazine 11/30 3:55A John Yellig

Pending-home sales fell for the fifth month in a row in October, posting a 4.6% decline on top of September’s 10.2% drop, the National Association of REALTORS® reported, citing its Pending Home Sales...

Wood Partners brings multifamily development to metro Houston

Houston Agent Magazine 11/29 8:19A Emily Marek

Texas-based real estate developer Wood Partners broke ground on its latest luxury multifamily community this week. Alta Cypress Springs is expected to open for leasing in August 2023. Located northwest of Downtown on Fry Road, Alta Cypress Springs...

S&P CoreLogic Case-Shiller: U.S. housing prices continue to lose ground

Houston Agent Magazine 11/29 5:47A John Yellig

U.S. housing-prices lost ground on a month-over-month basis in September, as high prices and high mortgage rates continued to dampen homebuyer purchasing power.    Prices were down 1% compared to August but up 10.6% compared to September 2021,...

Patricia Uebe

Houston Agent Magazine 11/29 5:46A Houston Agent

What was your most interesting job before going into real estate? My previous career in Brazil was as a Doctor of Veterinarian Medicine (DVM). Where did you grow up? In Rio de Janeiro state, Brazil. Growing up, what did you want to be? Since I was...

New-home sales post surprise gain in October as median price hits new high

Houston Agent Magazine 11/28 9:05A John Yellig

New single-family home sales posted a surprise increase in October, rising 7.5% month over month to an annual rate of 632,000, while the median price of a new home sold during the month rose to an all-time high, the U.S. Census Bureau and the...

Mortgage applications rise as home supply sees record increases

Houston Agent Magazine 11/28 5:13A Liz Hughes

Heading into Thanksgiving, mortgage applications increased as rates stayed around 6.6%, a drop from 7% at the start of the month, saving homebuyers more than $100 in monthly payments, according to a new Redfin report . That wasn’t the only good...

10 most expensive active listings in Texas

Houston Agent Magazine 11/28 4:09A Emily Marek

Many of the most expensive listings in Texas from the month of November are located in Houston, according to data from Texas Multiple Listing Services. The most expensive home listed in November was a 14,668-square-foot property located in the...

Luxury high rise joins the Houston skyline

Houston Agent Magazine 11/28 3:18A Emily Marek

High Street Residential has opened a new multifamily luxury high rise in Downtown Houston. Located at 808 Crawford St. next to Discovery Green, Parkside Residences boasts 43 floors of luxury amenities, stunning views and spacious floorplans. All...