Real Estate

VA to temporarily lift ban on buyer agent commissions

Houston Agent Magazine 5/24 9:59A Patrick Regan
An effort by the National Association of REALTORS® (NAR) to end the U.S. Department of Veterans Affairs’ ban on homebuyers paying for real estate representation appears to have reached a breakthrough. During the Mortgage Bankers Association...

New-home sales decline in April

Houston Agent Magazine 5/24 2:08A John Yellig
Sales of new single-family homes dipped 4.7% between March and April, sliding from to an annual rate of 665,000 to 634,000, according to the U.S. Census Bureau and the U.S. Department of Housing and...

Historic triangular home on the market in Seattle

Houston Agent Magazine 5/23 8:24A Emily Marek
Designed by architect Robert Reichert, this asymmetrical A-frame known as “the Egan House” is nestled into St. Mark’s Greenbelt park in Seattle. The two-bedroom, two-bathroom property includes unique...

Three agents affiliate with COMPASS as HTX Collective Realty Group

Houston Agent Magazine 5/23 8:10A Emily Marek
Luanne Marshall, Nicole Brende and Kelly Reifel are now affiliated with COMPASS and will operate under the newly-formed HTX Collective Realty Group team. The agents were formerly affiliated with Nan and Company Properties. In the past year, the...

Donald R. Horton, founder of nation’s largest homebuilder, dies at 74

Houston Agent Magazine 5/17 8:49A Patrick Regan
Donald R. Horton, the 74-year-old founder of America’s largest homebuilder D.R. Horton Inc., has died, the company announced Friday. “It is with great sadness that I announce the passing of my friend and our company’s iconic founder and chairman,...

New listings rise nearly 24% in Houston

Houston Agent Magazine 5/16 6:24A Emily Marek
New listings towered above 2023 volumes in the 19th week of the year, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS® (HAR). Realtors added 3,574 properties into the MLS during the week ended May 13, a...

Housing starts rebound in April after March slump

Houston Agent Magazine 5/16 6:13A John Yellig
New-home construction swung back to positive territory in April after a March slide, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said in a press release. New homes...

Single-family rental supply grows in Houston

Houston Agent Magazine 5/15 9:32A Emily Marek
The Houston single-family rental (SFR) market showed solid growth in April, with a robust supply for prospective renters, according to the latest Rental Market Update from the Houston Association of REALTORS®. Leases of SFRs increased 3.8% year...

Hotels overtake offices in residential conversions

Houston Agent Magazine 5/15 7:33A Emily Marek
Apartment conversions increased in 2023, with 17.6% more units converted from outdated buildings than in 2022. However, according to a new report from RentCafe , hotels have overtaken offices as the most likely spaces to be converted into new...

Interest rates still present an affordability hurdle for Houston buyers

Houston Agent Magazine 5/14 9:39A Emily Marek
Interest rates remain a barrier to housing affordability in Houston, according to the latest Housing and Rental Affordability Report from the Houston Association of REALTORS® (HAR). Only 40% of households in the Houston area could afford a...

COMPASS agent Rylie Schroeder honored on NAR’s 30 Under 30

Houston Agent Magazine 5/14 5:05A Emily Marek
Compass agent Rylie Schroeder was recognized as one of the National Association of REALTORS® (NAR) 30 Under 30 class for 2024 . Schroeder was the only Houston agent on the list. Leader of Schroeder & Co. Real Estate, Schroeder closed more than...

Johnson Development names builders for Grange

Houston Agent Magazine 5/13 7:33A Emily Marek
Builders have been named for the first phase of development in Grange , a master-planned community in Katy from Johnson Development. David Weekley Homes and Newmark Homes will build on 45-foot lots, with homes priced from the low $400,000s. David...

Four Houston-area cities have the most move-ins in Texas

Houston Agent Magazine 5/10 8:48A Emily Marek
Texas is the No. 1 state for move-ins in 2024, according to a new report from moveBuddha — and four Houston-area cities registered the highest number of move-ins so far this year. The moving analysis company’s report shows that domestic migration...
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