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September 13, 2020
HOUSTON — (September 9, 2020) — Following a July that vaulted Houston real estate into the record books, August proved to be another healthy month for home sales despite the lingering coronavirus pandemic. The high end of the market staged the strongest performance, pulling up overall pricing along the way. However, with a decline in the number of listings for sale coming on the market, inventory has now fallen to its lowest level in five years, setting the stage for moderating sales in the weeks ahead despite historically low interest rates. According to the latest Houston Association of Realtors (HAR) Market […]
August 14, 2020
JULY HOME SALES ACROSS HOUSTON REACH RECORD TERRITORYSales volume and pricing soar to new highs as pent-up demand from COVID-19 heats up Houston housing for a second straight month HOUSTON — (August 12, 2020) — A continued surge in closings from homes that went under contract after the lifting of COVID-19 stay-at-home measures propelled Houston real estate into record territory in July – surpassing June’s stronger-than-expected performance. However, a dwindling supply of homes caused by the burst of homebuying and home sellers holding back amid the ongoing COVID-19 crisis will make it difficult to keep up with the strong buyer demand. According to […]
July 23, 2020
Pent-up demand resulting from COVID-19 boosts home sales for Houston home buyers, providing a welcome, but possibly brief respite from the pandemic’s effects HOUSTON — (July 8, 2020) — A flurry of homes going under contract in May after COVID-19-related stay-at-home orders expired led to a surge of closings in June, driving home sales volumes back up to levels considered more normal for summertime for Houston home buyers – and even beyond 2019’s record pace. However, renewed coronavirus concerns, stemming from a spike in cases across greater Houston and in other parts of Texas, may bring this taste of normalcy […]
June 13, 2020
CORONAVIRUS AND AILING ENERGY INDUSTRY CONTINUE TO IMPACT HOUSTON REAL ESTATE IN MAY Pandemic and slumping oil prices combine to drive closed home sales down for a second straight month, however leading indicators show positive signs HOUSTON — (June 10, 2020) — The Houston Housing Market fell for a second straight month in May as the impact of COVID-19 and related stay-at-home orders continued to play out throughout the market. Growing consumer interest in in-person open houses and property showings, as well as an increase in offers to purchase, demonstrated improving market conditions. The slumping energy industry limited buyers in the […]
May 31, 2020
There are so many reasons to live in Bryan-College Station. As home to one of the premier universities in the world, every year people are looking for Bryan-College Station Homes and Real Estate for Sale. The Bryan-College Station area in South Central Texas is the home of Texas A&M University. It is centrally located between Houston, San Antonio, Austin and Dallas. Due to the university, location and amenities offered in Bryan-College Station, it has become one of the fastest growing areas in Texas. Many people decide to look for a home here just because it is such a great place […]
May 13, 2020
HOUSTON HOUSING FEELS COVID-19’S STING IN APRIL Stay-at-home orders and social distancing take a toll on home sales and rentals, but pricing holds up HOUSTON — (May 13, 2020) — The Houston real estate market’s strong start to the new year was abruptly interrupted in April as the full impact of the coronavirus outbreak was felt across Texas and the rest of the country. Stay-at-home directives and social distancing weighed on the market as Realtors® began transitioning to virtual open houses and virtual property showings that enabled consumers to safely and conveniently market and tour homes on HAR.com. Prior to […]
May 8, 2020
All About Jordan Ranch Jordan Ranch is a newer community in the west area of Katy, TX. It is developed by The Johnson Development Corporation. This is the same developer that developed most of Cross Creek Ranch in the same Katy and Fulshear area. The 1,350-acre development reminds us of a time when Katy, TX was prairie land and full of outdoor bliss. Jordan Ranch is your escape from the hustle and bustle, yet offers a prime location just minutes from Interstate 10, so when you do have to leave, and you won’t want to, you can do so easily. […]
April 8, 2020
Strong sales momentum through mid-March helps offset COVID-19’s market impact later in the monthHOUSTON — (April 8, 2020) — Coronavirus COVID-19 shows relatively minimal effect on Houston Real Estate Sales. As COVID-19 ravages the physical and business health of the nation, its impact on the Houston real estate market only began to set in during the last week of March, and therefore caused little disruption to the month’s overall performance. The full effect of the pandemic is expected to become more apparent when the April housing numbers are tallied. Even with some transactions interrupted before Governor Greg Abbott designated real estate […]
March 12, 2020
Sales volume climbs for an eighth consecutive month and the $250K-$500K price range is the sweet spot HOUSTON — (March 11, 2020) — The Houston real estate market built upon its strong 2020 start by registering an eighth consecutive month of positive home sales in February. Consumer activity was once again largely fueled by some of the lowest interest rates of all time. Single-family homes priced between $250,000 and $500,000 led the way in February sales followed by homes priced at or above $750,000, which comprise the luxury market. Leases of single-family homes also registered gains during the month. According to […]