Real Estate

What’s the future of Houston real estate for 2022?

Houston Agent Magazine 12/5 11:00P Houston Agent
Trying to predict what will happen in the residential real estate market in 2022 is a bit like trying to forecast the weather months in advance, but while the future of home sales and development has become increasingly unforeseeable, real estate...

Houston new construction shortfall tops 64,000 homes

Houston Agent Magazine 12/5 10:45P Liz Hughes
There may be a construction boom, but builders still have a lot of ground to make up from a decade of underbuilding, according to a new report from Zillow . Builder efforts are hampered by continued supply chain disruptions and labor shortages....

Survey: Americans are ‘chasing the sun’ to Florida and Texas

Houston Agent Magazine 12/5 5:40P Lindsey Wells
A movement sparked by the pandemic is causing Americans to pack up and relocate. As it turns out, Florida and Houston are top-ranking destinations for many people. Thanks to the “Great Resignation,” the movement of people leaving the workforce...

Mobile homes appeal to young and middle-class buyers as home prices surge

Houston Agent Magazine 12/5 6:30A Lindsey Wells
With home prices continuing to reach new heights across the country, many potential homebuyers are seeing the mobile-home market in a brand new light as single-family home prices become less affordable for young and middle-class buyers. According...

FHFA announces conforming loan limits for Fannie and Freddie mortgages

Houston Agent Magazine 12/3 9:27A Lindsey Wells
The Federal Housing Finance Agency (FHFA) recently announced its 2022 conforming loan limits (CLL) for conventional loans acquired by Fannie Mae and Freddie Mac . The limit is adjusted each year to reflect changes in housing prices across the...

Mortgage applications fall over Thanksgiving week as rates rise

Houston Agent Magazine 12/2 7:16A John Yellig
Mortgage applications fell 7.2% on a week-over-week, seasonally adjusted basis in the week ended Nov. 26, while the average 30-year fixed-mortgage rate rose for the third week in a row to 3.31%, its highest level since April, the Mortgage Bankers...

New listings, showing attendance beginning to drop during holiday season

Houston Agent Magazine 12/2 7:02A Lindsey Wells
The pace of new listings remained lower again this week as Thanksgiving travel increased significantly over last year. During week 47, real estate agents entered 1,359 properties into the Multiple Listing Service (MLS) for the week ended Nov. 29...

Are investors to blame for low housing inventory?

Houston Agent Magazine 12/2 5:02A Lindsey Wells
The share of Seattle-area homes purchased by investors has grown steadily over the past two decades, from 3% in 2000 to 9% this fall, according to a recent Redfin report . Investors account for 6-29% of all home sales. Washington isn’t the only...

Hot interior design trends for the new year, from Houzz

Houston Agent Magazine 12/2 4:50A Emily Mack
The home remodeling platform Houzz has compiled their 2022 trend forecast: a list of 10 interior design predictions. The styles are compiled based on surveys and observations from the expansive Houzz...

Hamilton Thomas Homes launches in Houston market

Houston Agent Magazine 12/2 3:56A Lindsey Wells
Hamilton Thomas Homes, a new Houston-area builder, has announced plans to build its first community in Balmoral. Led by Jennifer Keller, Hamilton Thomas Homes broke ground in October in Balmoral, where it will build 31 homes on 45-foot sites....

S&P CoreLogic Case-Shiller: Home-price gains take a pause

Houston Agent Magazine 12/1 9:03A John Yellig
The heat of home-price increases cooled a bit in September, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which registered a 1.2% seasonally adjusted gain from August...
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