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Houston, TX Real Estate News

By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Home Builder Expands in Booming Texas MarketTaylor Morrison Homes of Texas, a major U.S. home builder, has secured a large plot of land for new development. They purchased 165.7 acres near Houston, strategically located close to a major highway and a planned community.This acquisition reflects the ongoing strength of the Texas housing market, especially in the Houston area. Texas has been a popular destination for people relocating from other states, fueling demand for new homes.Meeting the Demand"We're excited to expand in this high-growth market," said a Taylor Morrison representative. Their new development will feature modern farmhouse designs, catering to current trends in home-buyer preferences. They'll offer flexible living spaces and two-story homes with downstairs bedrooms, popu...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Houston Housing Market Sees Sales Dip in 2023, But Eyes Recovery in 2024The Houston Association of Realtors (HAR) reported a challenging 2023 for the housing market, marking the second year in a row of decline. Here's a breakdown of the key points:Sales Soften: Single-family home sales dropped 12% in 2023 compared to 2022, totaling 83,854 units. Overall property sales mirrored this trend, falling 13% to 102,367 units. Market Value Stabilizes: Despite the sales slowdown, the average price for single-family homes remained steady at around $408,000. The median price also showed stability, hovering around $330,000. Townhome and Condo Market: This segment saw a smaller decline in sales, with December numbers dropping 7% year-over-year. However, average and median prices experienced a rise of...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Good news for Home Buyers! Builder Confidence Is On The Rise As Mortgage Rates Fall.This positive trend follows two straight months of increasing optimism among builders. Lower borrowing costs are making homes more affordable, attracting buyers who were previously priced out. The National Association of Home Builders (NAHB) reports a jump in builder sentiment, exceeding expectations. Their index rose to 44, indicating a brighter outlook for the new single-family home market in 2024. However, challenges remain. Builders anticipate increased construction costs and potential material shortages, along with limitations on available land. While mortgage rates have ticked up slightly recently, they're still significantly lower than last year's highs. Currently, 30-year fixed rates are around 6...
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By Rosie Crow, Exceeding Expectations. Delivering Results
(Serving Sugar Land, Richmond, Rosenberg, Missouri City)
As a member of various realtor groups online, I often come across questions and concerns shared by agents supporting each other. Recently, one agent raised an important issue: their client was worried about the quality of lumber being used by the builder for their new home. The lumber was showing signs of splitting, and the builder dismissed it as merely cosmetic. What should the agent do in such a situation?This scenario took me back to a home construction class I attended years ago when I first entered the real estate industry. One of the key topics covered was how to assess the quality of lumber used in construction—a crucial aspect that is often overlooked.In fact, it's one of the many questions I routinely pose to home builders on behalf of my clients: "What grade of lumber are you...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Houston and its surrounding areas dominate the list of the most walkable cities in TexasHouston and its surrounding areas dominate the list of the most walkable cities in Texas, a surprising revelation for many. Redfin's latest ranking of the top 10 walkable cities in the Lone Star State highlights four neighboring locations along with Galveston as having the highest walkability scores.Redfin calculates a "walk score" ranging from 0 to 100, aiding individuals in finding areas conducive to pedestrian navigation by analyzing various factors like proximity to amenities, population density, block length, and intersection density.Though these Texas cities rank high within the state, their scores pale in comparison to cities like New York and San Francisco, which boast scores in the high 80s....
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Houston Area Dog Parks Mapped  
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Bayou City Weekends - Jan 19-21-2023Who's Bad: The Ultimate Michael Jackson ExperienceBy House of Blues Houston, Live Nation Friday, January 19, 2024 7pmThe live performance celebrates the King of Pop's expansive catalog to create a jaw-dropping, musical must-see show. AdmissionTickets range from $19 to $74.  Buy Tickets 10" by 10" Art ShowBy Hardy & Nance Studios Saturday, January 20, 2024 10am to 10pmHardy & Nance Studios presents its 9th annual 10" by 10" Art Show where all pieces must be 10" x 10" square and will cost no more than $250 each. AdmissionFree  Learn More 8th Annual Hops n' Hot Sauce Festival Saturday, January 20, 2024 11am to 5pm  Humble Civic Center 8233 Will Clayton Pkwy Humble, TX 77338$10 at the door - Kids Free Houston Astros FanFestBy Houston Astros Saturday, Janu...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Houston Real Estate Market Update!December 2023Did you know that the Months Supply of Inventory in Houston is currently at 2.87 months? That's great news for buyers as it indicates a balanced market! 📉 But hold on, over the last 12 months, the Months Supply of Inventory has increased by a whopping 25.88%! 📈 List to Sold Price Here's a stat you'll love! The List to Sold Price percentage in Houston is an impressive 97.3%! 💯 This means that sellers are receiving a high percentage of their asking price, giving them confidence in the market. Median Days on Market Looking to sell your Houston property quickly? Well, you're in luck! The median days on market is only 24 days!  This low number suggests that properties are selling fast and buyers are eager to find their dream home.  Median Sold P...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Nonprofit Capital Good Fund Is Providing Solar Loans To Low And Middle-Income Residents In HoustonNonprofit Capital Good Fund is providing solar loans to low and middle-income residents in Houston, addressing barriers like credit scores. The organization aims to make solar technology accessible, especially in Texas due to extreme heat, sunlight, blackout risks, and rising energy prices. The program offers 25-year loans with flexible interest rates and no prepayment penalty. The initiative targets households with incomes up to 120% of the area median income. Capital Good Fund has expanded its solar lending efforts to Texas, offering subsidies and grants. Challenges include high-interest rates, differing incentives in metropolitan areas, and misleading sales practices in the industry. Res...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Villa d'Este: An Enchanting High-Rise in Uptown ParkNestled in the heart of Uptown Park, the condominiums at Villa d'Este embody the epitome of luxury high-rise living in Houston. This iconic 27-floor landmark, inaugurated in 2000, graces six acres of private, verdant grounds along the Buffalo Bayou, surrounded by majestic oaks and pines. Residents are treated to panoramic views of downtown Houston and Tanglewood. The lavishly appointed residences, situated at the base of Uptown Park, offer an unparalleled location adjacent to Uptown Houston, the Galleria, and an array of shopping, dining, and recreational options. With convenient access to the Medical Center, Galleria, and major work corridors, Villa d'Este stands as a premier residential destination. Inside Villa d'Este Condominium, u...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
 Houston's Inner Loop Is Set ToWelcome The Pinnacle Of Luxury LivingHouston's Inner Loop is set to welcome a new pinnacle of luxury living with the announcement of The St. Regis Residences, Houston, a 35-story high-rise development by Satya and Marriott International. Boasting a coveted location along Buffalo Bayou in Asbury Place, the project promises unobstructed views of River Oaks, Memorial Park, and downtown Houston. With groundbreaking expected in 2025 and completion slated for Q4 2027, this exclusive residence will offer a host of amenities, including private access to the Buffalo Bayou Trail, a pool, fitness center, and personalized services such as butler assistance, a concierge, and valet parking.Satya CEO Sunny Bathija, known for his bold acquisitions in Inner Loop, celebrate...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
 Houston MacGregor Park To Undergo a $54M Transformation Steeped in history, MacGregor Park has been immortalized in hip-hop songs, with references spanning three decades. Initially recognized as "the place to be" by an L.A. Rapper in 1985, and later hailed as "the sweetest park" by Fat Tony in 2015, MacGregor Park now stands at the brink of its centennial, prompting discussions not only about its storied past but also about the future it will embrace. In a significant move, the Houston City Council recently approved a monumental proposal for the park's renovation, backed by a generous $27 million contribution from the Kinder Foundation. Led by Rich and Nancy Kinder, who aim to foster urban green spaces, the project is slated to commence in 2025, with an estimated completion time of fiv...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Houston Housing Choice Vouchers (section 8) Can Also Be Applied To Home PurchasesWhile known for rental assistance, these vouchers are a lesser-known option for homeownership in Houston. Unlike Texas law allowing landlord discrimination, federal law prevents lenders from doing so.LaKeisha , a single mother, used her voucher for homeownership in 2018. After two years of credit building and savings, she bought a $199,000 home, now valued at $278,000. Covenant Community Capital reports clients gaining $130,000 in equity five years post-purchase.Houston and Harris County housing authorities offer homeownership programs. Lott participated in the Family Self Sufficiency Program, creating a five-year plan with caseworker support. Graduates receive a check, with some exceeding $43,000.Professio...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Houston Real Estate Market Trends Nov 2023First, let's focus on the Months Supply of Inventory, which currently stands at 3.11. This metric represents the number of months it would take to sell all available homes on the market if no new listings were added. With a supply of 3.11 months, we can infer that the real estate market is favoring sellers. This means that there is a higher demand for homes compared to the available supply, potentially leading to increased competition among buyers.Next, let's examine the 12-Month Change in Months of Inventory, which indicates a significant increase of +30.13%. This rise in inventory suggests that there has been an influx of new listings over the past year. For sellers, this could mean a more competitive market, as there are now more options for ...
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By inboundREM Market Updates
(InboundREM)
Nestled within the vibrant heart of Houston, TX, Oak Estates is a testament to timeless beauty and contemporary allure. A brainchild of visionary S.N. Adams, this enchanting community, established in the 1940s, occupies a sprawling 86-acre expanse that once housed a private sports club. With its tranquil streets adorned by majestic trees, Oak Estates offers a unique ambiance, boasting 147 meticulously maintained single-family homes on generously spacious lots. Oak Estates homes for sale showcase distinctive custom designs, expansive living spaces, and sprawling lawns with a minimum width of 25 feet. Beyond the gates of Oak Estates, you'll discover an unparalleled location within the Inner Loop, close to renowned schools, bustling business districts, and upscale shopping destinations. Na...
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By inboundREM Market Updates
(InboundREM)
Nestled in the heart of Houston, TX, Kettering Oaks is a well-established community that exudes charm and timeless appeal, thanks to the majestic presence of towering oak trees that have graced the neighborhood since its inception in the early 1950s. As one of the nine distinctive subdivisions of Afton Oaks, Kettering Oaks offers a unique blend of updated ranch-style homes alongside newly constructed residences, creating a diverse tapestry of architectural styles for residents to choose from. Let's explore the exciting opportunities for you among the Kettering Oaks homes for sale!The Enchantment of NatureOne of the standout features of Kettering Oaks is the canopy of large oak trees that envelop the community, providing not only a picturesque backdrop but also a sense of tranquility tha...
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Tucked away in the heart of Houston, you'll find Crestwood-Glen Cove, a neighborhood that embodies luxury and elegance. Formerly part of the extensive Hogg family estate, this prestigious community boasts a rich history and a reputation for luxury living. Come along with us as we explore the wonderful Crestwood Houston homes for sale. These homes beautifully combine tradition and modernity, blending architectural grandeur with timeless sophistication. A Storied PastCrestwood-Glen Cove's roots trace back to the early 20th century when it served as Camp Logan, a sophisticated U.S. Army training camp during World War I. In 1925, the Hogg family donated significantly to the City of Houston, leading to the development of Memorial Park—a tribute to the war heroes. Over time, this expansive tr...
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Are you ready to explore the charming community of Braeswood in southwest Houston, Texas? Nestled within the 610 Loop, Braeswood has a rich history dating back to its founding in the late 1940s. This welcoming neighborhood is known for its 17 subdivisions, primarily developed after World War II, and its iconic 1950s ranch-style residences. Let's dig deeper into all the homes for sale Braeswood, Houston, TX has to offer.A Walk Through Braeswood's HistoryBraeswood has a rich history filled with tradition and a strong sense of community. It all began in the late 1940s, and since then, this neighborhood has blossomed and transformed. Today, it proudly showcases the timeless charm of a tight-knit community with just the right dash of modern flair.The Charm of Braeswood HomesOne of the stando...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Where To See Houston Area Holiday LightsDasher’s Lightshow at Sam Houston Race ParkThrough Sunday, December 31, 2023Get in the spirit with a daily light-filled spectacle that you can drive through in Northwest Houston, past giant Christmas trees, snowmen, and acres of land. Tickets are sold per person for $9.95, with discounts available for groups of 4 and more. Texas Winter Lights at Marriott Marquis HoustonThrough Sunday, December 31, 2023Have some Texas-sized fun in the 6th floor Altitude Rooftop & Pool at the Marriott Marquis in Downtown during Texas Winter Lights, an interactive light experience available nightly.Enjoy festive signature cocktails, huge light displays, walk-through experiences and plenty of social-worthy elements.And yes, the Texas-shaped lazy river is open for floa...
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