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Alvin, TX Real Estate

Houston Chronicle

Inside a golf-loving couple's incredible mansion in The Woodlands

Nancy and Al Wagner had already lived in Carlton Woods for more than a decade when they purchased a lot to built their dream home. Avid golfers, they wanted to live on one of the courses in a house that provided more room than the 6,000-square-foot home they had. So...
HOUSTON, TX
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Houston Chronicle

Investment kicks off major growth plans for Texas build-to-rent developer

Wan Bridge will rapidly expand its network of rental home communities in major metros across Texas after securing a multi-billion dollar commitment from a new investment partner. The multiyear investment from an unnamed U.S. institutional investor will enable Wan Bridge to build up to 30,000 houses for the rental market...
TEXAS STATE
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Houston Chronicle

Memorial home sales see uptick following pandemic

The coronavirus affected every segment of life around the world and real estate was no exception. For months, it has been a seller’s market with numerous offers often more than the asking price. In some of the lower market homes, it has been a bidding war. But that hasn’t necessarily...
HOUSTON, TX
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Houston Agent Magazine

Which Houston zip codes are the most expensive?

As the intense demand for homes continues to outmatch supply nationwide, buying a home is becoming an increasingly expensive feat. The median value of a home in the U.S. is $281,370, an 11.6% increase over the last year. Meanwhile, homeowners with mortgages pay an average of $1,558 a month in housing costs, compared to $490 for those without mortgages.
HOUSTON, TX
realtynewsreport.com

Sueba Sells Three Apartment Communities to Dallas Investor

HOUSTON – (Realty News Report) – Sueba USA and its affiliated companies, have sold three upscale multifamily communities in the Houston metropolitan area, according to Colliers. “The Sueba 3 Portfolio represented a rare opportunity for an investor to acquire three high-end, Class A+ multifamily communities in the dynamic Houston market,”...
HOUSTON, TX
Houston Agent Magazine

New listings of homes in Houston decline again

New listings have slowed again in Houston’s real estate market, falling 8.9% during the week ended Oct. 18, according to the Houston Association of Realtors (HAR) weekly activity snapshot. This nearly 9% decline followed a 1.3% year-over-year decline in the preceding week. Realtors entered 2,484 properties into the Multiple Listing...
HOUSTON, TX
IN ALVIN
Houston Chronicle

Opinion: As Houston grows, we must do more to make homeownership affordable

Even with the tough impact of the COVID-19 pandemic, Houston is poised to continue its exponential growth. We rank as the seventh largest metro economy in the country, and if our great city was a state, it would rank 14th on the list, right behind Michigan. The Houston housing market continues to post impressive numbers. In July of 2021, “Houston-area realtors sold 10,159 single-family homes,” according to the Greater Houston Partnership. Compare that to July of 2011, when new home sales totaled 5,962.
HOUSTON, TX
Click2Houston.com

Largest private lake in Texas on the market for $110M

Fairfield Lake, the largest private lake in Texas, is officially on the market. The Fairfield Lake property, which is centrally located between Houston and Dallas, totals 5,025 acres, 2,400 of which are made up by the body of water, according to the online listing. The property has 21 miles of...
TEXAS STATE
realtynewsreport.com

Houston Office Tower Sold to New York Group

HOUSTON – (Realty News Report) – Group RMC, a New York-based investment organization, has acquired a skyscraper on Westheimer Road, west of The Galleria. The 22-story, 491,092-SF tower is located on the north side of Westheimer at Bering Drive,. Years ago, the tower had been known as MCO Plaza and...
HOUSTON, TX
realtynewsreport.com

Marvy Finger Sells Apartments for $2 Billion

HOUSTON – (Realty News Report) – The Finger Companies, a Houston multifamily firm led by legendary apartment magnate Marvy A. Finger – has sold 20 garden-style and mid-rise apartments for $2 billion. Since he launched his company in 1958, Finger retained ownership and management of nearly every apartment project he...
HOUSTON, TX
Dallas News

This developer plans to put up 30,000 rental homes in Dallas, Houston, Austin suburbs

Houston builder Wan Bridge is ready to place a big bet on the continuing popularity of build-to-rent housing. The company says it will make a “multibillion-dollar capital commitment from a well-capitalized, investment-grade U.S. institution” to put up 20 to 30 build-to-rent communities in the suburbs of Dallas, Houston and Austin within the next year. The investment also will help finance its next five to seven years of growth.
DALLAS, TX
connectcre.com

Opportune Finds Pennzoil Place an Opportune Space

Opportune LLP recently signed a long-term 62,535-square-foot expansion and renewal at Pennzoil Place at 711 Louisiana St. in downtown Houston. Opportune will occupy the 31st through 34th floors at the two-building property. “Opportune has called Pennzoil Place home since our founding in 2005, and we are pleased to extend and...
HOUSTON, TX
Houston Chronicle

Real estate transactions: Energy advisory firm expands offices at Pennzoil Place

Opportune, a global energy consulting firm, signed a long-term, 62,535-square-foot expansion and renewal at Pennzoil Place at 711 Louisiana in downtown Houston. Opportune will take an additional 16,605 square feet to occupy floors 31 through 34 at the top of the South Tower. Tyler Garrett and Eric Anderson of Transwestern Real Estate Services represented the landlord, Chicago-based Metropolis Investment Holdings. Lucian Bukowski of CBRE represented Opportune, which has been a tenant in the building since its inception in 2005.
HOUSTON, TX
theleadernews.com

Acres Homes, Inwood area sees September sales boom

Local home sales trends were a mixed bag last month, according to the most recent data from the Houston Association of Realtors, though there was one particular zip code which was the area’s shining star. Some areas saw continued sales growth, with Acres Homes/Greater Inwood (77091) experiencing a 50 percent...
HOUSTON, TX
Houston Agent Magazine

September saw fewer homes sold, another increase in prices

The continued lack of inventory is restricting home sales nationally. Fewer homes sold in September as new listings fell 9% from last year and closed home sales dropped 5%, according to a new Redfin report. Despite the declines, the median home price rose 14% in September to $376,800, marking the...
HOUSTON, TX
cw39.com

Houston Area sees 35% Increase in Home Building

HOUSTON (KIAH) — Even though there are labor and supply shortages across the country omnispanels.com reports the Houston area has seen 35% increase in the building single-family homes. The website reports Houston saw the 20th largest growth in single-family home construction permits of any major U.S. metro area over the last two years, according to reporting by Omnis Panels of the US Census Bureau data.
HOUSTON, TX
rebusinessonline.com

Partners Capital Sells 145,915 SF Flex Property in Houston

HOUSTON — Partners Capital, the investment platform of Partners Real Estate Co., has sold Point West Business Park, a 145,915-square-foot flex property in Houston. Partners Capital originally acquired the three-building complex in 2019 and completed more than 25,000 square feet of new leases during its holding period. Cary Latham, Wyatt Huff and Josh Lass-Sughrue of NAI Partners represented the seller in the transaction. Fort Worth-based PHP Capital Partners purchased the asset for an undisclosed price.
HOUSTON, TX