D.R. Horton to develop Silverthorne in Conroe
Houston Agent Magazine
by Emily Marek
13h ago
D.R. Horton unveiled plans for Silverthorne, a new community in Conroe. Located at FM 1484 and Wally Wilkerson Parkway, the 1,341-acre development will include approximately 2,500 homes upon completion. “We are excited about our newest flagship community in North Houston,” Soni Graves, city manager of northeast Houston for D.R. Horton, said in a press release. “Homebuyers will appreciate its convenient location and the relaxed, back-to-nature vibe we are envisioning.” Graves added that D.R. Horton has “put a lot of thought and care” in the planned amenities for Silverthorne, which include a re ..read more
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HAR: New listings maintain lead over year-ago levels
Houston Agent Magazine
by Emily Marek
13h ago
New listings are “maintaining their lead over year-ago levels,” according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS® (HAR). Realtors added 3,554 properties into the MLS during the week ended April 15, a 16.6% increase year over year. However, pending and closed listings both experienced annual declines. Pending listings fell 8.2% year over year, with 2,377 homes going under contract, while closings dropped 5.5%, with 1,645 homes sold. Meanwhile, listing views on HAR.com jumped 33% year over year. The post HAR: New listings maintain lead over year-ago level ..read more
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Preleasing begins at UNITi Montrose
Houston Agent Magazine
by Emily Marek
2d ago
Preleasing is underway at UNITi Montrose, a rental development from Civitas Capital Group and The Shelter Companies. The development offers a mix of co-living spaces, micro-units and traditional apartments. “We are thrilled to introduce UNITi Montrose to the Houston community,” Mark Drumm, managing partner and co-founder of The Shelter Companies, said in a press release. “This development represents a new area in urban living, where convenience, community and value converge.” Located at 701 Richmond Ave., UNITi Montrose is in close proximity to Texas Medical Center, the Central Business Distri ..read more
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Lennar acquires 336 acres in Esperanza, joining Rausch Coleman Homes
Houston Agent Magazine
by Emily Marek
2d ago
Windy Hill Development recently sold 336 acres of land in Esperanza, a master-planned community in Needville, to Lennar. Lennar joins Rausch Coleman Homes, which acquired 112 acres in the community in early 2023. “Windy Hill Development is excited to work alongside respected homebuilders like Lennar and Rausch Coleman Homes to meet the increasing housing needs of the greater Houston area,” CEO Randy Hall said in a press release. “Our joint effort is focused on ensuring quality homes at affordable prices.” Over the next decade, Lennar and Rausch Coleman Homes will build over 1,600 homes in the ..read more
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Warehouse District midrise apartments to open downtown
Houston Agent Magazine
by Emily Marek
4d ago
Urban Genesis announced the opening of the Warehouse District, a series of three midrise apartments consisting of over 500 units in downtown Houston. The first building, Artist, opened in February, while the remaining two buildings, Muse and Icon, are slated to open in May and August, respectively. “Urban Genesis works tirelessly to expand housing options for our essential workforce,” CEO and Founder Matt Shafiezadeh said in a press release. “Residents of all income levels should be able to live in safe, thriving communities close to their employment. Bringing these neighborhoods within reach ..read more
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After four months of growth, builder confidence remains flat in April
Houston Agent Magazine
by Patrick Regan
4d ago
Builder confidence remained flat in April compared to March, ending a four-month streak of growing positive sentiment, the National Association of Home Builders (NAHB) reported Tuesday. The builder confidence score for newly built single-family homes rated a 51 this month, the same as March, NAHB said. Any number above 50 indicates more builders view the market as good than poor. “With many frustrated buyers back on the fence waiting for interest rates to fall, policymakers can help ease affordability challenges by reducing inefficient regulatory rules that raise housing costs and limit supply ..read more
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Hailed as a win for NAR, Supreme Court rules against large development fees
Houston Agent Magazine
by Agent Publishing
4d ago
The government cannot charge large development fees from property owners in exchange for building permits, the U.S. Supreme Court ruled last week.  The ruling was praised by the National Association of REALTORS® (NAR) as a win in the fight to uphold property rights in the face of rising development fees. The case rose to the high court from a 2016 lawsuit filed by George Sheetz of California. According to his lawsuit, Sheetz was told to pay his county $23,000 for a traffic impact study in order to receive a permit to build an 1,800-square-foot home on his property. Sheetz’s attorneys said ..read more
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The Kriss Weiss Team joins Nan and Company Properties
Houston Agent Magazine
by Emily Marek
4d ago
The Kriss Weiss Team is now affiliated with Nan and Company’s office in The Woodlands. The team was formerly associated with Better Homes and Gardens Real Estate Gary Greene. The six-person team had a total sales volume of over $25 million in 2023. Team leader Kriss Weiss has lived in The Woodlands for over 30 years and holds a bachelor’s degree in marketing and management, with prior career experience in sales and marketing. Weiss brings team members Elaine Fischer, Angela Hansen, Yvonne Jacobo, Roger Pool and Matthew Weiss with her to Nan and Company. “We are thrilled to join Nan and Company ..read more
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New listings rise 42.5% in Houston
Houston Agent Magazine
by Emily Marek
1w ago
Following a week of year-over-year declines, new listings skyrocketed over 2023 volumes in Houston, according to the Houston Association of REALTORS® (HAR) Weekly Activity Snapshot for the week ended April 8. Realtors entered 3,813 properties into the MLS during the week. That’s a 42.5% increase over the same week in 2023, when 2,676 properties were added. Pending and closed listings also increased annually. Pending listings rose by 4.3%, with 2,458 homes going under contract, while closings rose 9.8%, with 1,711 homes sold. Traffic at property showings and listing views on HAR.com increased a ..read more
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HAR: Inventory builds amid decreased closings
Houston Agent Magazine
by Emily Marek
1w ago
Although home sales dipped in March, the Houston housing market is ready for spring and summer activity thanks to a “robust inventory,” according to the Houston Association of REALTORS® (HAR). Data from the association’s March 2024 Market Update shows that single-family home sales fell 7.5% year over year last month, with 7,334 closings. However, pending sales rose 4.9% year over year. All housing segments saw declines in March, with the smallest dip seen in the $1 million-plus market, which declined only 0.4% year over year. The largest drop was seen in the lowest priced homes — $99,000 and u ..read more
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