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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)
Houston's Housing Market Saw a Modest Uptick In New ListingsHouston's housing market saw a modest uptick in new listings last week, but it wasn't enough to offset declines in pending sales and closings.New listings on the Multiple Listing Service (MLS) increased by 6.9% during the week ending November 20, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®. However, pending listings fell by 3% year-over-year, while closings dropped by 5.3%.Despite the decline in sales, consumer interest remained strong. Traffic at property showings increased by 4% compared to the same week last year.The increase in new listings is a positive sign for the Houston housing market, but it remains to be seen whether it will be enough to boost sales activity. Check Out Houston'...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Houston holds the 4th place in the US for new listings.Last month, Houston experienced one of the most significant upticks in new listings nationwide. Realtors introduced 11,088 properties to the MLS in October, marking a 13% year-over-year increase and securing the city's fourth-highest growth rate in the country. Despite this noteworthy boost in local inventory, home sales in the greater Houston area witnessed an 8.5% decline compared to the previous year. The average time for a home to sell was 39 days, five days faster than the same period in November of the previous year. In October, the median sale price also saw a decrease of 0.6%, settling at $328,000. This figure is notably lower than the national median sale price, which stands at $410,000. Check Out Houston's Top 10 Neighborh...
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The Allure of Lazybrook Timbergrove Southeast HomesEmbarking on the thrilling quest for your dream home in the vibrant city of Houston, Texas? Our detailed guide unveils every facet of charming Lazybrook Timbergrove Southeast Homes and its neighborhood, arming you with the knowledge to make a savvy decision and discover your ideal haven in this delightful enclave. Let's turn your house-hunting journey into a seamless adventure!Lazybrook Timbergrove Southeast Homes is a neighborhood that effortlessly blends urban convenience with suburban charm. Situated in the heart of Houston, this community has earned its reputation for lush greenery, tree-lined streets, and a close-knit atmosphere that welcomes residents with open arms. Here, you'll discover a unique fusion of city living and a tranq...
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By inboundREM Market Updates
(InboundREM)
Wander Around at Greater Heights West Homes for Sale, Houston, TXAre you looking for a new home in Houston's lively Greater Heights West Homes for Sale neighborhood? Look no further! As your trusted real estate source, we'll help you find the perfect house in this incredible area. Due to its unique appeal, proximity to amenities, and strong community, Greater Heights West homes for sale in Houston, TX, are top homebuyer choices. Let's turn your home-buying journey into an exciting adventure!Greater Heights West homes for sale are characterized by a rich tapestry of housing options, offering potential buyers a diverse array of home styles to choose from. What sets Greater Heights West apart is its commitment to inclusivity, as reflected in the availability of homes at flexible price poin...
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The Beauty of Greater Heights Southeast Homes for SaleWelcome to Greater Heights, where dreams of finding your ideal home become a reality! Greater Heights Southeast homes for sale give a unique opportunity for every home buyer to embrace a lifestyle that combines comfort, convenience, and elegance. To help you choose the ideal location to call home, let us have a quick walkthrough of Greater Heights Southeast and its exquisite housing market.Situated in the southeast, Greater Heights Southeast is a booming community recognized for its beautiful scenery, welcoming neighborhoods, and many housing opportunities. Whether you are a first-time homebuyer, a growing family, or an individual seeking a tranquil escape, Greater Heights has something to offer everyone!Myriad of Housing OptionsGrea...
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Discover the Allure of Homes for Sale in Woodland Heights, Houston, TexasTucked away in the heart of Houston, Texas, the historic enclave of Woodland Heights tells a story of the city's rich architectural legacy and lively community camaraderie. The community is renowned for its tree-shaded avenues, timeless bungalows, and an unmistakable sense of neighborly warmth. Homes for sale in Woodland Heights, Houston, Texas are among the most coveted havens for those seeking properties that seamlessly combines charm with connectivity.This article aims to uncover the allure of homes for sale in Woodland Heights, Houston, Texas, shedding light on the distinctive features that position this neighborhood as a standout choice in the dynamic Houston real estate landscape.What makes the homes for sale...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Houston Farmers Market'sGingerBread LaneEmbrace the holiday spirit with a touch of sweetness at the Houston Farmers Market as GingerBread Lane takes center stage. Delight in "The 12 Days of Texas," an enchanting gingerbread display showcasing whimsical houses and intricately crafted sculptures inspired by the Lone Star State.Beyond enjoying the gingerbread village, guests are warmly welcomed to partake in the GingerBread Lane workshops. Here, participants can discover the art of crafting their own whimsical gingerbread creations under the guidance of Jon Lovitch, the visionary behind GingerBread Lane and a Guinness World Record-holder for creating the "largest entirely edible gingerbread village."Event Dates: November 17, 2023 | 8:00 AMNovember 18, 2023 | 8:00 AMNovember 19, 2023 | 8:00...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Houston Soars as a Top Place for Houses and Shops!Houston is once again proven to be a great place for homes and stores, according to a new study. Moving up three spots from last year, Houston is now ranked No. 11 out of 80 cities on the list of the best places for houses and shops. The list is part of a big report that looks at what's happening in real estate, called "Emerging Trends in Real Estate in 2024."The report talks about many things affecting the real estate market, like the chance of a recession, interest rates going up, and people working from home more. Houston's offices and places where many families live are facing some challenges that other big cities are facing too.Even though Houston had some problems in the last few months, it's still considered a top place for real e...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
26% Of Houston Homes For Sale Are NEW CONSTRUCTIONThere are two reasons for this. First, builders are building more new houses. Second, people who already own homes are staying in them longer because they have low mortgage rates.People who are still able to buy houses are more likely to buy new ones because builders are offering them deals, like lower mortgage rates.Home sellers have to compete with builders, who are sometimes offering buyers up to $30,000 in deals. With that much money, buyers can cover the cost of closing on the house, make upgrades, and get a lower mortgage rate. In some cases, people who bought a house from a builder a year ago are now selling it and competing against that same builder for buyers!Check out New Construction Homes For Sale In HOUSTONHouston New Constr...
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By House Buyers Texas, We Buy Houses | Sell My House Fast
(House Buyers Texas - We Buy Houses | Sell My House Fast)
Selling a house in Houston, Texas, can be a daunting task, but it doesn't have to be. At Sell My House Fast Houston, we've streamlined the process to help you sell your house quickly without the need for repairs, cleaning, or decluttering. Discover how you can benefit from off-market cash buying and make your house sale in Houston effortless.Table of Contents:Understanding Off-Market Cash SalesThe Perks of Selling Off-MarketNo Repairs, No Cleaning: Preparing Your HouseDetermining the Right PriceConnecting with Cash Buyers in Houston, TXThe Effortless Off-Market Selling ProcessOvercoming Common ChallengesFinal Thoughts1. Understanding Off-Market Cash SalesAt Sell My House Fast Houston, we specialize in off-market cash sales, which means your property won't be publicly listed. This approa...
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By House Buyers Texas, We Buy Houses | Sell My House Fast
(House Buyers Texas - We Buy Houses | Sell My House Fast)
If you're seeking a quick and uncomplicated way to sell your Houston house without the need for inspections or appraisals, Sell My House Fast Houston is here to help. Our guide will walk you through the straightforward off-market cash house selling process, where you can achieve a hassle-free sale by simply giving us a call. No inspections, no appraisals, and no frills—just a fast and confidential transaction.Chapter 1: The Off-Market Cash House Selling Advantage1.1. The Essence of Off-Market Cash SalesOff-market cash house selling involves directly selling your property to a cash buyer without public listing or the involvement of real estate agents.1.2. Benefits of Off-Market Cash Sales with Sell My House Fast HoustonDiscover why partnering with us offers speed, privacy, and the abilit...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Don't Expect A Tidlewave Of ForeclosuresThe cost of things like food and gas is going up, and some people are worried that they won't be able to afford their mortgage payments. This could lead to a lot of foreclosures, which is when the bank takes a house away from the homeowner.However, experts say that a flood of foreclosures is unlikely. One reason is that lending standards have tightened, so people who are buying homes are more likely to be able to afford them.Another reason is that the number of homeowners who are seriously behind on their mortgage payments is declining. This means that most people are making their mortgage payments on time, so there is not a large number of people who are at risk of foreclosure.So, if you're worried about a potential flood of foreclosures, there's...
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By Akevia Darden - HTX Real Estate Agent, Houston Real Estate Agent
(eXp Realty)
What is Title Insurance?Let's start by clarifying what a 'title' is. A title is the legal document that provides proof of ownership for a property. Title insurance, therefore, is an insurance policy that protects property owners and lenders against any loss or damage occurring from liens, encumbrances, or defects in the title or actual ownership of a property.You’ve found your dream home, and you’re eager to finalize the deal. You might think, "Why do I need another insurance policy?" Well, imagine discovering later on that there are unpaid property taxes from a previous owner, or worse, that the person who sold you the property wasn't the legal owner. Scary, right?Types of Title Insurance Policies Owner’s Policy: This protects the property owner against title defects that could affect ...
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By Akevia Darden - HTX Real Estate Agent, Houston Real Estate Agent
(eXp Realty)
I know taxes aren't the most thrilling topic—trust me, I feel you. But if you're in the game to make money (and who isn't?), you can't afford to ignore the tax-saving opportunities that real estate offers. Depreciation is Your FriendFirst off, let's talk depreciation. When you own property, you can write off its value over time, even while it's likely appreciating in actual value. That’s like the financial universe giving you a high-five! Just consult with your tax advisor to ensure you're doing it right.1031 Exchange to Keep RollingDone flipping a property and eyeing the next one? Look into a 1031 exchange. This gem lets you defer capital gains tax when you reinvest in a similar property. It's like recycling your investment without the IRS taking a cut!Mortgage Interest Deduction You'r...
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By Akevia Darden - HTX Real Estate Agent, Houston Real Estate Agent
(eXp Realty)
Turning Challenges into Opportunities for Real Estate LeadsIn the dynamic world of real estate, there are ebbs and flows. But what do you do when the market slows down, especially when interest rates are high? While these periods can be challenging, they're also an opportunity for realtors to adapt and thrive. Marketing Strategies for Slow Real Estate MarketsHost Virtual Open Houses: Physical footfall might be low, but people still browse online. Host a virtual open house and give potential buyers a detailed look at the properties you represent.Local SEO and Blogging: Leverage local SEO to appear in searches by homebuyers in your area. Write about local real estate trends, neighborhood guides, and home maintenance tips to attract organic traffic. Social Media Campaigns: Utilize platform...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
📢 Exciting news for buyers and sellers in Houston, Texas! Here's the latest market update for July 2023. 📅📈 The current Months Supply of Inventory stands at 2.69, indicating a healthy balance between supply and demand. Over the past 12 months, we've seen a significant increase of +26.89% in the Months Supply of Inventory, suggesting a growing real estate market. 📊 💰 Sellers, take note! The List to Sold Price percentage is an impressive 98.1%. This means that homes in Houston are selling close to their listing price, providing an opportunity for sellers to maximize their return on investment. 💵 ⏳ Buyers, act fast! The median days on market is just 15 days, indicating a competitive market. This means that well-priced and desirable properties are selling quickly. Don't miss out on your dre...
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By Danny Frank, The Pearland Real Estate Expert
(JLA Realty)
The Hidden Costs and Complications of Solar Panels in Houston, TX Solar panels, while often touted as an environmentally friendly and cost-saving solution, come with their own set of challenges, especially when it comes to selling homes. Here's what homeowners in Houston, TX need to consider:  Value Proposition: Contrary to what some sales representatives might tell you, solar panels do not necessarily add value to homes in Houston, especially if they're not fully paid off. Even when they are, the increase in home value might be marginal at best. Solar Leases and Liens: Many homeowners are attracted to solar lease programs because of the reduced upfront cost. However, a "lease" can effectively place a lien on your property. Regardless of the terminology used in the paperwork, this repre...
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By Danny Frank, The Pearland Real Estate Expert
(JLA Realty)
Houston's Single-Family Home Rentals Hit Historic Highs in July 2023As the summer heat soared in Greater Houston, so did the demand for rental homes. Amidst prevailing concerns over housing affordability and interest rates, Houstonians are increasingly looking towards alternate housing solutions. July witnessed the rental market for single-family homes hit never-before-seen numbers, but it wasn’t just these homes making waves; townhomes and condominiums were in hot demand too.Record-Breaking Stats for JulyAccording to the Houston Association of Realtors (HAR) July 2023 Rental Market Update:- Leases of single-family homes surged 19.0% YoY, with the average lease price hiking up 3.0% to a historic high of $2,363. In raw numbers, this translates to 4,396 leases in July 2023 as opposed to 3...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Briargrove In Houston TexasBriargrove, situated in the heart of Houston, Texas, is a highly coveted and upscale neighborhood that embodies luxury and sophistication. With its tree-lined streets and immaculate properties, Briargrove offers a serene and elegant living experience. This exclusive community is known for its spacious homes, stunning architecture, and meticulously landscaped yards. Residents of Briargrove enjoy a strong sense of community and take advantage of the neighborhood's close-knit social events and gatherings. With top-rated schools, nearby shopping centers, and fine dining options, Briargrove provides a convenient and lavish lifestyle for its residents. Its prime location also grants easy access to major highways, allowing for seamless exploration of all the cultural...
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