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Houston, TX Real Estate News

By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
šŸ“¢ Exciting news for buyers and sellers in Houston, Texas! Here's the latest market update for July 2023. šŸ“…šŸ“ˆ The current Months Supply of Inventory stands at 2.69, indicating a healthy balance between supply and demand. Over the past 12 months, we've seen a significant increase of +26.89% in the Months Supply of Inventory, suggesting a growing real estate market. šŸ“ŠĀ šŸ’° Sellers, take note! The List to Sold Price percentage is an impressive 98.1%. This means that homes in Houston are selling close to their listing price, providing an opportunity for sellers to maximize their return on investment. šŸ’µĀ ā³ Buyers, act fast! The median days on market is just 15 days, indicating a competitive market. This means that well-priced and desirable properties are selling quickly. Don't miss out on your dre...
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By Danny Frank, The Pearland Real Estate Expert
(JLA Realty)
The Hidden Costs and Complications of Solar Panels in Houston, TXĀ Solar panels, while often touted as an environmentally friendly and cost-saving solution, come with their own set of challenges, especially when it comes to selling homes. Here's what homeowners in Houston, TX need to consider:Ā  Value Proposition: Contrary to what some sales representatives might tell you, solar panels do not necessarily add value to homes in Houston, especially if they're not fully paid off. Even when they are, the increase in home value might be marginal at best. Solar Leases and Liens: Many homeowners are attracted to solar lease programs because of the reduced upfront cost. However, a "lease" can effectively place a lien on your property. Regardless of the terminology used in the paperwork, this repre...
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By Danny Frank, The Pearland Real Estate Expert
(JLA Realty)
Houston's Single-Family Home Rentals Hit Historic Highs in July 2023As the summer heat soared in Greater Houston, so did the demand for rental homes. Amidst prevailing concerns over housing affordability and interest rates, Houstonians are increasingly looking towards alternate housing solutions. July witnessed the rental market for single-family homes hit never-before-seen numbers, but it wasnā€™t just these homes making waves; townhomes and condominiums were in hot demand too.Record-Breaking Stats for JulyAccording to the Houston Association of Realtors (HAR) July 2023 Rental Market Update:- Leases of single-family homes surged 19.0% YoY, with the average lease price hiking up 3.0% to a historic high of $2,363. In raw numbers, this translates to 4,396 leases in July 2023 as opposed to 3...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Briargrove In Houston TexasBriargrove, situated in the heart of Houston, Texas, is a highly coveted and upscale neighborhood that embodies luxury and sophistication. With its tree-lined streets and immaculate properties, Briargrove offers a serene and elegant living experience. This exclusive community is known for its spacious homes, stunning architecture, and meticulously landscaped yards. Residents of Briargrove enjoy a strong sense of community and take advantage of the neighborhood's close-knit social events and gatherings. With top-rated schools, nearby shopping centers, and fine dining options, Briargrove provides a convenient and lavish lifestyle for its residents. Its prime location also grants easy access to major highways, allowing for seamless exploration of all the cultural...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Ā Timbergrove/Lazybrook community takes the No. 1Ā spot list of hottest communities.The latest report has ranked the top 10 communities in the Houston area based on the highest percentage increase in home purchases year over year. Notably, this quarter's report reveals that more communities closer to the Inner Loop have made it to the top 10 list compared to the previous quarter.Ā The report indicates a growing interest in home sales within communities closer to the city, especially in the north and west areas of the metro.Ā Timbergrove/LazybrookĀ stands at the top of the list with an impressive 47.7% increase in the number of homes purchased year over year, and the average home price in this area is $654,236. Following closely behind in second place, just like in the previous quarter, is Po...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Northeast Houston Living: A Thriving Community with Endless Possibilities Northeast Houston is a vibrant and diverse region, offering residents an enriching and dynamic living experience. This area boasts an array of charming neighborhoods, each with its unique character and amenities. From tranquil suburbs to bustling city centers, Northeast Houston caters to various lifestyles and preferences.The neighborhoods inNortheast Houston are known for their welcoming communities and strong sense of unity. Residents here take pride in their locality and actively participate in neighborhood events and activities. The region is also home to excellent schools, making it an ideal destination for families looking to settle down.For nature enthusiasts, Northeast Houston offers numerous parks and gre...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
River Oaks - HoustonĀ Tx Homes For SaleRiver Oaks is a prestigious and affluent neighborhood situated in Houston, Texas, known for its elegant homes, lush landscapes, and upscale living. Renowned as one of the most exclusive residential areas in the city, River Oaks exudes a sense of opulence and sophistication. The neighborhood features stunning mansions and estates nestled among tree-lined streets, creating an aura of luxury and tranquility. Besides its impressive real estate, River Oaks offers an array of upscale boutiques, fine dining establishments, and cultural attractions, including the River Oaks Theatre and the River Oaks Country Club. With its central location and a strong sense of community, River Oaks remains a coveted destination for those seeking an upscale urban lifestyle...
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By Danny Frank, The Pearland Real Estate Expert
(JLA Realty)
The heart of Texas beats with boundless opportunities in its thriving real estate market, where the city of Houston stands as a beacon of promise. As the home prices find equilibrium and housing inventory flourishes, some captivating communities within the bustling metropolis are experiencing an unprecedented surge in home sales. Join us as we delve into the latest insights revealed by the prestigious Houston Association of REALTORS (HAR) report, spotlighting the "Hottest Communities in the Houston Area." This blog post will offer a comprehensive view of the dynamic Houston real estate landscape, providing valuable information for investors and prospective homeowners alike.Houston's Hidden Gems: The Hottest CommunitiesOne community that has gracefully emerged into the limelight is Timbe...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Farewell to Houston's Beloved Health Heroes:Dr. Robert and Antonia CastilloOver the last four decades, Houston's Hispanic community has been profoundly influenced by the unwavering service of Dr. Robert Castillo and his wife, Antonia Castillo. Owners of the beloved Center St Clinic (Houston Heights / Rice Military / Washington Corridor), their commitment to delivering affordable and culturally-sensitive healthcare has etched their names in the annals of the community's history.Dr. Castillo, a proud Mexican-American and a specialist in family medicine, together with his wife Antonia, strived to make Center St Clinic more than just a medical facility, creating an environment where language and cultural barriers were shattered, and every patient was treated like family.Recently, the Castil...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
TC Jester Trail Bike RideI love riding my bike on the trails in Houston.Ā  This is part of the TC Jester trail.Ā The TC Jester Bike Trail is in Oak Forest.Ā Oak Forest Subdivision facts* Subdivision Name Oak Forest (West) County Harris Zip Code 77092 Single Family Properties 1,641 Average Bedrooms 3.07 Average Baths 1.81 Median / Sqft. 1,422 Median Lot / SqFt. 7,412 Median Year Built 1955 Median Appraised Value $261,425 Neighborhood Value Range $204 - $370 K Median Price / Sqft. $225.44 *Subdivision facts based on 2022 property tax data.Check out availabe homes for sale in Oak ForestĀ 
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
Ā  Start by decluttering one room at a time. Sort items into piles: keep, donate, and throw away. Make a list of cleaning and organizing tasks for each room, and then tackle one room at a time. Use storage baskets and bins to organize items on shelves and in cabinets. Consider installing shelving or additional cabinets to maximize storage space. Use drawer dividers to keep smaller items organized. Store seasonal items in clear bins or bags and label them. Store linens and towels in a designated area, such as a linen closet or shelf. Organize your closet by grouping like items together and using hangers and shelf dividers. Use a shoe rack to keep shoes organized and off the floor. Hang hooks in the entryway for coats, bags, and hats. Use a vacuum cleaner with a crevice tool to clean in ha...
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By Danny Frank, The Pearland Real Estate Expert
(JLA Realty)
Houston's real estate market continued to sizzle in March 2023, with several luxury homes fetching top dollar. We've compiled a list of the 10 most expensive homes sold in Greater Houston during this month based on data from the Houston Association of Realtors' Multiple Listing Service (MLS).Ā 3920 Inverness Drive, Houston, TX 77019 - $10,900,000 - River Oaks Tall TimbersThis stunning estate in the prestigious River Oaks Tall Timbers subdivision boasts over 11,000 square feet of living space and was built in 1993. 3920 Inverness DriveĀ 3452 Ella Lee Lane, Houston, TX 77027 - $6,595,000 - River OaksLocated in the desirable River Oaks area, this brand-new home features over 8,800 square feet of living space and was completed in 2022. 3452 Ella Lee LaneĀ 38262 Windy Ridge Trail, Magnolia, TX ...
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By Danny Frank, The Pearland Real Estate Expert
(JLA Realty)
Some households are buying homes in smaller, less expensive suburbs as home prices and interest rates remain elevated during Q4 2022Ā  HOUSTON ā€” (January 31, 2023) ā€”Ā Rising home prices and affordability challenges have led to a shift in where some families are choosing to live in the Greater Houston area. The Houston Association of REALTORSĀ®ā€™ (HAR) inaugural report of the Hottest Communities in the Houston Area reveals more people purchased a home in smaller markets in the fourth quarter of 2022.Ā The report is based on the percentage increase in the number of transactions in each of the 206 real estate market areas in the Greater Houston area compared to the same time last year.Ā Significantly more households bought a home in communities in the north and western parts of the Houston area ...
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Conventional 30 year Mortgage: 5.75%Credit score:740LTV:75%Loan Amount: $300kAPR: 6.295%FHA 30 year: 5.625% Credit Score:740LTV:96.5%loan amount: $300kAPR: 6.54%Conventional 15 year: 5.375%Credit score:740LTV:75%Loan Amount: $300kAPR: 5.46%Rates are Subject to ChangeCall me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Conventional 30 year Mortgage: 5.75%Credit score:740LTV:75%Loan Amount: $300kAPR: 6.295%FHA 30 year: 5.5% Credit Score:740LTV:96.5%loan amount: $300kAPR: 6.415%Conventional 15 year: 5%Credit score:740LTV:75%Loan Amount: $300kAPR: 5.085%Rates are Subject to ChangeCall me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible. Ā Ā 
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By Rose King, Friendswood / Pearland / Houston Bay Area
(David Tracy Real Estate)
New-construction inventory in Houston is getting better, so you know what that meansā€¦ there are good deals to be made!According to Stewart Title Chief Economist Ted Jones, there are now an estimated 470,000 unsold new homes under all states of construction in the United States. This is up 21% over last year, and it is the largest inventory seen since March of 2008.In our area, most builders have a lot of unsold homes under construction or ready to move into, compared to a year ago when there were hardly any inventory homes available.This is great news for Houston area buyers. But, if you are thinking about purchasing a new-construction home, there is something important you should know. You NEED to use a Realtor to help you with the purchase!Please donā€™t visit the model home without che...
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By Leslie Don Wilson, REALTOR ABR ALHS CIPS CRS GREEN GRI MCNE SFR SRE
(281-804-2291)
TC Jester Dog ParkCheck out Homes For Sale In Oak Forest and Garden Oaks Ā Houston has a lot of dog parks and this is one of Ameliaā€™s favorites. #GettingToKnowHouston #ilovehouston #GettingToKnowHoustonDogParksHouston Gay Real Estate Agent Houston Gay RealtorĀ 
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Conventional 30 year Mortgage: 5.75%Credit score:740LTV:75%Loan Amount: $300kAPR: 6.295%FHA 30 year: 5.5% Credit Score:740LTV:96.5%loan amount: $300kAPR: 6.415%Conventional 15 year: 5%Credit score:740LTV:75%Loan Amount: $300kAPR: 5.085%Rates are Subject to ChangeCall me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
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