HAR’s September 2022 MLS Market Update reported that homes priced from $500,000 to $1 million experienced the greatest sales volume for the month, and that inventory reached the highest level in two years. The September report generated media coverage from mid- to late October in the following news outlets:
- Bellaire Essentials
- Community Impact Newspaper
- CultureMap Houston
- Examiner Newspapers
- Houston Agent Magazine
- Houston Business Journal (online and print editions)
- Houston Chronicle (online and print editions)
- Houston Community Newspapers
- Houston Public Media / KUHF 88.7 FM
- KHOU-TV/11 News
- KPRC-TV/Local 2
- KRIV-TV/FOX 26 News
- KTRH/NewsRadio 740
- KTRK-TV/ABC 13
- Realty News Report (RNR)
- The Real Deal
HAR’s Q3 2022 Housing Affordability Index, which concluded that rising interest rates have left just 41 percent of Houston-area households capable of affording a median-priced home, garnered coverage on KHOU/11 News on November 10 and in the Houston Chronicle, Houston Agent Magazine and The Real Deal during the third week of November.
HAR Chair Jennifer Wauhob was quoted throughout a November 10 Houston Chronicle story by residential real estate reporter Marissa Luck about mortgage rates surpassing seven percent. Jennifer provided expert perspective, stating, “I know interest rates are much higher now, but by and large this is really just a typical interest rate. And there’s definitely potential for the rate to continue to rise.”
The most expensive home ever sold in Houston did so in late October for more than $20 million and drew a fair share of media coverage in the process. PaperCity called the home at 120 Carnarvon in the Memorial area “Houston’s own Downton Abbey” in an October 31 article by Shelby Hodge. It was also reported that same day by The Real Deal and Houston Agent Magazine on November 1.
Housing news blog Realty News Report cited HAR MLS data in a November 3 feature story about an October surge in inventory.
Throughout November, Houston Agent Magazine reported on HAR’s Weekly Activity Snapshot (WAS) and featured reprints of part of the report that included the HAR logo, which afforded the Association additional branding recognition.
These stories and more are available in the HAR Online Newsroom at www.har.com/content/newsroom as well as in HARConnect.