Features MLS

Hurricane Harvey Hammers Houston Housing

Historic storm slams the door on home sales during the last week of August Hurricane-turned-Tropical Storm Harvey’s torrential rains and devastating floodwaters not only disrupted life and destroyed properties throughout the Houston area and Texas Gulf coast. It also dealt a heavy blow to a real estate market that, until now, was on track to set new records. However, the full effects of the historic storm may not be realized
Communications MLS

Luxury Market Leads the Way During Another Positive Month for Houston Home Sales

Houston home sales rose for the tenth consecutive month in July, however prices, which have seen steady gains over the past year, began showing signs of moderation. The luxury market, defined as homes priced from $750,000 and up, recorded the strongest sales volume, followed by homes in the $150,000 to $249,999 range. July marked the ninth straight month of rising sales in the luxury segment, which a year ago was
Features MLS

Houston Home Prices and Sales Volume Set Records in June

Housing inventory reaches highest level in nearly five years Temperatures weren’t the only thing soaring in June, as home prices and sales volume reached new heights, keeping 2017 on track to be a record year for Houston real estate. The greatest sales gains took place among homes priced from $750,000 and above (categorized as the luxury market), followed by homes in the $150,000 to $249,999 range. June was the eighth
Features MLS

Houston Home Sales and Rentals Heat up in May

Market continues to outpace last year’s record performance Sales and rentals of homes throughout greater Houston continue to outpace 2016’s record performance, as May marked another month of strong consumer activity and growing inventory. The greatest sales gains took place among homes priced from $750,000 and above (categorized as the luxury market), followed by homes in the $150,000 to $249,999 range. May marked the seventh consecutive month of rising sales
Features MLS

April Marks Another Positive Month for Houston Home Sales

Consumers kept the Houston real estate market humming in April, with single-family home sales and pricing experiencing another month of gains and housing inventory reaching the highest level since last August. The strongest growth in sales activity took place among homes priced from $750,000 and above (considered the luxury market), followed by homes in the $250,000 to $499,999 range. For the luxury market, which took the brunt of the energy