Houston Real Estate News

Build-on-your-lot programs grow in Harvey's wake - Houston Chronicle

Tue, 10/17/2017 - 16:14

Houston Chronicle

Build-on-your-lot programs grow in Harvey's wake
Houston Chronicle
"Frankel's timing couldn't be better," said David Jarvis, senior vice president of the Houston office of John Burns Real Estate Consulting. "We have to go out and remodel and rebuild a whole lot of homes." Partners in Building, also a custom home ...

Houston Astros owner Jim Crane pulls in $12.5 million for Pebble Beach mansion - Los Angeles Times

Tue, 10/17/2017 - 12:32

Los Angeles Times

Houston Astros owner Jim Crane pulls in $12.5 million for Pebble Beach mansion
Los Angeles Times
Crane is engaging in a real estate overhaul of sorts. The Astros owner has an eight-bedroom estate designed by architect Germano Milono on the market in Pebble Beach for $29.9 million, and he also recently sold a four-bedroom in Colorado for $900,000.

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Northwest Houston housing market rebounding after Harvey - Chron.com

Tue, 10/17/2017 - 09:35

Chron.com

Northwest Houston housing market rebounding after Harvey
Chron.com
"I don't think anyone expected to see home sales in positive territory this soon after a natural disaster of Harvey's magnitude, but the September report speaks volumes about the incredible resiliency of the Houston real estate market," HAR chair Cindy ...

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Houston Real Estate Round Up: Top Five Homes With Elevators - Patch.com

Fri, 10/13/2017 - 03:20

Patch.com

Houston Real Estate Round Up: Top Five Homes With Elevators
Patch.com
The next stop is in downtown Houston, at 1602 Nevada Street. Vertical living at its finest near Downtown in low-maintenance gated community. Stunning view of the skyline from the fourth-floor terrace. Three bedrooms with en suite baths and a versatile ...

From left to right: John Daugherty, Cheri Fama and David Young - Chron.com

Thu, 10/12/2017 - 13:57

Chron.com

From left to right: John Daugherty, Cheri Fama and David Young
Chron.com
Daugherty's expansion into west Houston comes at a time when many of the neighborhoods there are in distress after Hurricane Harvey. "This area was one of the hardest hit," Young said, citing neighborhoods that had never flooded before and were ...

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After Harvey, 'you can't find an apartment in Houston' - Houston Business Journal

Thu, 10/12/2017 - 13:14

Houston Business Journal

After Harvey, 'you can't find an apartment in Houston'
Houston Business Journal
Throughout 2017, what has stood out about Houston's retail market? The big story in real estate is the hurricane and how it affected everything from vacancy to rent rates to tenants and landlords. Landlords were pretty well-insured, tenants were well ...

Real estate in brief: Aquilon Energy expands locally with downtown Esperson lease - Chron.com

Thu, 10/12/2017 - 12:31

Chron.com

Real estate in brief: Aquilon Energy expands locally with downtown Esperson lease
Chron.com
Colony NorthStar has acquired the Bayou Bend Business Park, 8520 S. Sam Houston Parkway West, as part of a national portfolio. The fully leased property, developed by Stream Realty in partnership with Thackeray Partners, consists of two buildings ...

Distressed Investors Are Already Buying Houston Homes for 40 Cents on the Dollar - Bloomberg

Thu, 10/12/2017 - 02:15

Bloomberg

Distressed Investors Are Already Buying Houston Homes for 40 Cents on the Dollar
Bloomberg
Back in Houston, Schild joins more than 1,100 real estate investors drinking beer, eating catfish, and swapping investment tales at the Redneck Country Club, a music hall. A giant bar is decorated with pictures of guns, mounted deer heads, and a ...

Houston rental occupancy at all-time high after Harvey - KTRK-TV

Wed, 10/11/2017 - 16:30

KTRK-TV

Houston rental occupancy at all-time high after Harvey
KTRK-TV
"The apartment market was probably already at a 93, 94 percent occupancy rate," explained realtor Shad Bogany. "So now all those people who lost homes, where are they going to go?" From this year to last, single family home rentals are up 83.6 percent.

Houston home sales see post-Harvey rebound - Chron.com

Wed, 10/11/2017 - 09:34

Chron.com

Houston home sales see post-Harvey rebound
Chron.com
Houston-area home sales bounced back in September after a double-digit decline in storm-battered August, when Hurricane Harvey flooding forced real estate offices to close and open houses to cancel. Buyers closed on 6,913 single-family homes last ...
Following Harvey, Houston sees home sales rebound and strongest rental activity everHouston Business Journal

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WeWork to open Galleria location - Chron.com

Tue, 10/10/2017 - 08:46

Chron.com

WeWork to open Galleria location
Chron.com
WeWork, the $20 billion co-working giant, will open a new spot in the Galleria, the second Houston location for the office-sharing behemoth. The new space will open in December in 56,000 square feet in 2700 Post Oak Blvd., also known as Galleria Tower I.

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Hurricane Harvey May Determine the Winners and Losers in Houston Real Estate Valuations, Reports Deal Sikes ... - Business Wire (press release)

Mon, 10/09/2017 - 08:56

Hurricane Harvey May Determine the Winners and Losers in Houston Real Estate Valuations, Reports Deal Sikes ...
Business Wire (press release)
HOUSTON--(BUSINESS WIRE)--Some Houston properties face the possibility of permanent market value losses in the wake of Hurricane Harvey, while other properties may actually benefit from the impact of the storm, according to Deal Sikes & Associates, ...

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Houston contributes to growing number of Texas condo/townhome sales - Chron.com

Mon, 10/09/2017 - 04:03

Chron.com

Houston contributes to growing number of Texas condo/townhome sales
Chron.com
In the Houston area, the median condo price rose 3.9 percent to $135,000 year-to-date through July. Townhome sales prices increased 8.2 percent to $237,900 in the local market. Jim Gaines, chief economist with the Real Estate Center at Texas A&M ...

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As apartment demand heats up, more units slated to open - Chron.com

Fri, 10/06/2017 - 12:55

Chron.com

As apartment demand heats up, more units slated to open
Chron.com
As Houston's overbuilt apartment market begins its Harvey-related recovery, developers are promoting the newest batch of luxury apartments. In January, MetroNational will debut high-end units under construction atop the new Hotel ZaZa in Memorial City.

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Realtor of the week: Boyd finds working with clients rewarding - Chron.com

Fri, 10/06/2017 - 08:10

Chron.com

Realtor of the week: Boyd finds working with clients rewarding
Chron.com
There are many real estate agents in Houston and the surrounding areas. "So, it is important to have a Realtor you connect with, trust and they have the knowledge and experience to help you reach your real estate goals," said Donna Boyd, a Realtor with ...

20 Under 40 Rising Stars in Real Estate Awards - Chron.com

Fri, 10/06/2017 - 07:57

Chron.com

20 Under 40 Rising Stars in Real Estate Awards
Chron.com
The Houston Association of Realtors (HAR) has honored the winners of its eighth annual Young Professionals Network (YPN) 20 Under 40 Rising Stars in Real Estate Awards. During a celebration luncheon on Oct. 5, Beverly Hills "rock star Realtor" Mauricio ...

Denver company buys distribution center in NW Houston - Chron.com

Fri, 10/06/2017 - 04:33

Denver company buys distribution center in NW Houston
Chron.com
The Denver-based real estate firm will lease back the entire 133,480-square-foot property, 7350 Langfield Road, back to the seller and tenant, T&L Distributing. The Houston-based flooring distributor has seven regional warehouse locations serving the ...

Find Out What's On Houston's Real Estate Market - Patch.com

Wed, 10/04/2017 - 07:48

Patch.com

Find Out What's On Houston's Real Estate Market
Patch.com
Houston and the surrounding area has a variety of homes priced to fit the needs of your family, and in the neighborhoode you want. You can find all the details on Patch's town-by-town listings in your area. All listings are provided by our partners at ...

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Hurricane Harvey flooded 6 percent of Houston apartments, data firm estimates - Chron.com

Wed, 10/04/2017 - 07:45

Chron.com

Hurricane Harvey flooded 6 percent of Houston apartments, data firm estimates
Chron.com
About 6 percent -- or 43,000 units -- of Houston's apartment supply were affected by Hurricane Harvey's flooding, according to data from Richardson-based RealPage, a real estate data firm. That's much higher than the 2.4 percent reported by ...
Thomas, Mazur: To prevent disaster rethink developmentHouston Chronicle

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See the 20 Houston Realtors under 40 named Rising Stars in Real Estate - Houston Business Journal

Tue, 10/03/2017 - 12:05

Houston Business Journal

See the 20 Houston Realtors under 40 named Rising Stars in Real Estate
Houston Business Journal
The Houston Association of Realtors has named the winners of the eighth annual Young Professionals Network 20 Under 40 Rising Stars in Real Estate Awards. The 20 winners are all members of HAR and represent an overall well-rounded Realtor, ...