U.S. Home Sales Poised for 16-Year High in 2022, Realtor.com

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HOUSTON – (By Dale King, Realty News Report) – With 2022 fast approaching, Realtor.com projects a strong housing year ahead, forecasting that home sales could reach a 16-year high and that trends like workplace flexibility will help more buyers succeed. Realtor.com’s 2022 Housing Forecast says Americans will have improved chances of finding homes next year, … Read more

Texas Real Estate News: Market Updates & Key Listings

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Houston real estate news from Realty News Report (see Texas statewide briefs below) Mike Spears Lee & Associates – Houston represented 6811-6815 Gant Road LLC in the lease of a 13,280-square-foot industrial manufacturing building on Gant Road. Mike Spears, Robert McGee and Mason Alsbrooks of Lee & Associates – Houston represented the landlord. The tenant … Read more

Arroyo Energy Relocates Headquarters to Springwoods Village

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The new CityPlace 1 building in Spring. HOUSTON – (Realty News Report) – Arroyo Energy has leased office space in the newly completed CityPlace 1 building, located in the CityPlace development within Springwoods Village, north of Houston. Arroyo Energy is the first tenant to commit to the 149,500-square-foot building, which was developed by a joint … Read more

September Home Rentals Surge 86% as Houstonians Flee Hurricane Harvey

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HOUSTON – (Realty News Report) – In September, Houstonians leased a record number of single-family homes as recovery from Hurricane Harvey drove an extraordinary 86 percent surge in rental activity. With an estimated 70,000 homes damaged by the storm, many homeowners had no choice but to seek rental housing while repairs or rebuilding were underway. … Read more

Texas Home Sales Jump 25% as Prices Soar: Market Update

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HOUSTON – (By Dale King, Realty News Report) — Texas home sales surged to a new high of 114,772 transactions in the second quarter of 2021, a 24.7 percent increase from the same quarter a year earlier, according to the 2021-Q2 Texas Quarterly Housing Report recently released by Texas Realtors. The statewide median home price … Read more

Planned Major Cold Storage Facility Near Airport Boosts Logistics

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HOUSTON – (Realty News Report) – Ti Cold Development is building a 304,000-square-foot cold storage facility in north Houston near George Bush Intercontinental Airport. Demand for cold storage has surged with the growth of e-commerce as consumers increasingly buy groceries and meal kits online—a trend that accelerated during the coronavirus pandemic. The new Ti Cold … Read more

Hines Sells WaterWall Place Apartment Complex in Houston

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Hines has sold WaterWall Place, a multifamily development adjacent to the Galleria and Williams Tower. HOUSTON – Hasta Capital Acquires WaterWall Place, Prime Uptown Multifamily Asset Hasta Capital has purchased WaterWall Place, a seven-story, 316,000-square-foot, 322-unit rental residential property located in Uptown Houston. The building sits on a three-acre site at the northeast corner of … Read more

Houston Realtors: July Home Sales Hit Record 11,000, Up 23%

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HOUSTON – (By Ralph Bivins for RNR) – Houston set a new monthly record in July with approximately 11,000 homes sold, a 23 percent increase compared with July 2019, the Houston Association of Realtors reported. It marked the first time monthly home sales in the region exceeded 10,000. Historically low mortgage rates — with 30-year … Read more

Texas Housing Market Set for a Strong Q3 Surge

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AUSTIN – (Realty News Report) – The Texas housing market is expected to remain strong in the third quarter as low interest rates and tight inventory create an attractive environment for home sellers, according to a report from the Texas Realtors association. Dr. Jim Gaines “The housing market is one of the few sectors of … Read more