Houston New Homes

Houston Neighborhoods Watching Effect of Higher Density and New Development Rules.

Houston Neighborhoods Watching Effect of Higher Density and New Development Rules.

By Mike Morris Article Courtesy of Houston Chronicle New city rules appear to be generating development activity outside Loop 610, but Houston officials and civic clubs will be watching to see whether the coming projects meet leaders’ goals of spurring redevelopment and creating more middle-income housing. The rule changes open areas outside Loop 610 to the townhome-style developments that have swept…read more →

Housing expert sees prices still climbing

See on Scoop.it – Texas Lots and Land A national housing consultant predicted Tuesday that Houston-area home prices will continue to rise over the next several years before dipping when there’s a downturn in the national economy. “At some point, there will be a hiccup,” said John Burns, CEO of Irvine, Calif.-based John Burns Real Estate Consulting, addressing 500 builders,…read more →

30% of Homes Sold in Texas in 2013 Were New Homes – Fueled by Higher Income Growth Than U.S.

Article from Texas Association of Realtors Texas outpaced the nation in median household income growth and new-home sales in 2013, according to the 2014 Texas Home Buyers and Sellers Report released yesterday by the Texas Association of Realtors. The report showed that the median household income of Texas homebuyers increased 9.6 percent to $91,700 from 2012 to 2013. This is nearly double…read more →