Mindblown: a blog about philosophy.
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Houston Rental Prices Hit All-Time High
Houston's average single-family rental price hit a record $2,373 in Late-Q2, up 1.3% yearly. Leased listings increased by 3.1% yearly, with 4,358 leases signed in Late-Q2 2024.
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Top Reasons to Invest in Houston Real Estate
Houston's substantial population growth drives heightened demand for housing and commercial spaces, making it a compelling Real Estate market.Houston's robust economy and consistent job growth attract professionals, increasing demand for residential and commercial properties.
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New listings rebound in Houston
New listings in Houston rebounded after a week of declines due to Hurricane Beryl. Realtors added 3,467 properties to the MLS, a 1.5% increase from the previous year. Pending listings dropped by 20.8%, with 1,902 properties going under contract. Closings decreased by 6.8%, with 1,750 homes sold. Despite this, consumer interest remains strong, as listing…
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Houston Metro Area Home Prices up 3.4% in Late-Q2
Houston’s market saw a 0.4% increase month-over-month and a 3.4% increase year-over-year in home price index in June 2024.Home price appreciation slowed for the sixth month due to higher mortgage rates and reduced affordability.
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When to Sell Your Commercial Property?
Selling commercial Real Estate depends on financial strategy and market conditions. Plan for a six-month sales cycle, including preparation, marketing, and closing.
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Houston First-Time Homebuyer Programs: Don’t Rent, Own!
Great news for first-time homebuyers in Houston is that there's a much larger selection of houses available compared to 2022.Financial assistance is within reach; several programs can help you with your down payment and closing costs.
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Houston Housing Market Cools Down, Finds Balance
The Houston housing market has cooled down since the peak of the post-pandemic homebuying frenzy. There is a much-needed uptick in housing inventory, with the 90-day avg going from 7,020 in May 2022 to 21,943 in May 2024.
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Premium Houston Condos Fetch $1K/Sq Ft
Houston's condo and townhome sales had their worst year in more than a decade. High-end condos with prices ~$1K/sq ft are in demand.
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Average Home Price in Houston Climbs to ~$440K
Home sales in Houston ↑~9% in Early-Q2 2024, reaching ~8K units sold. Houston luxury home sales ↑~34%, reflecting strong small market demand.
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Happy Fourth of July
To all great Americans around the world, a very Happy Fourth of July to you all. This day is incredibly significant as the day the United States officially became its own nation. Let’s celebrate America’s birthday with festivals, parades, fireworks and other festive activities.The 4th of July marks the day America became a country where…
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