Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Feb. 19, 2024

Houston and its surrounding areas dominate the list of the most walkable cities in Texas,

Houston and its surrounding areas dominate the list of the most walkable cities in Texas

Houston and its surrounding areas dominate the list of the most walkable cities in Texas, a surprising revelation for many. Redfin's latest ranking of the top 10 walkable cities in the Lone Star State highlights four neighboring locations along with Galveston as having the highest walkability scores.

Redfin calculates a "walk score" ranging from 0 to 100, aiding individuals in finding areas conducive to pedestrian navigation by analyzing various factors like proximity to amenities, population density, block length, and intersection density.

Though these Texas cities rank high within the state, their scores pale in comparison to cities like New York and San Francisco, which boast scores in the high 80s.

Among the top-ranking Texas cities is South Houston, securing the second position with a walkability score of 58. Notably, Allen-Genoa Road emerges as a pedestrian-friendly zone within this area, serving its 16,462 residents who can conveniently run errands on foot. Median housing prices start at $195,000, with rental rates averaging $1,415.

Galveston claims third place with a score of 54, with its walkable areas including the Strand and Seawall Boulevard, offering historic sites, diverse dining options, and retail outlets. Median home prices begin at $414,500, while rent starts at $1,733.

Bellaire, Texas, secures the fourth spot with a walkability score of 52, boasting a range of nearby amenities like parks and town squares. Median home prices in Bellaire start at $857,475, with rent averaging $2,917.

Houston itself follows closely behind in fourth place with a score of 47, recognized as the largest and sixth most walkable city in Texas by Redfin. Cinco Ranch, a suburb of Houston, claims the ninth spot, featuring numerous walkable areas with restaurants and shops.

Hurst, a suburb of Dallas-Fort Worth, clinches fifth place with a score of 49. Dallas and Irving secure the seventh and eighth spots, respectively, with scores of 46 and 45. Nederland, located near Beaumont, rounds off the top 10.

University Park, a suburb of Dallas, takes the top spot with two pedestrian-friendly neighborhoods, Snider Plaza and Caruth Park, highlighting its commitment to walkability.

 

Leslie Don Wilson
Houston Gay Realtor Real Estate Agent
Realtor - ABR AHWD ALHS CIPS CNE CRS GREEN GRI MCNE SFR SRES TRLP
Houston - 281-804-2291 
 Houston Real Estate BOSS
Brokered by: HomeSmart Stars 

 

 

Posted in Buyer
Feb. 19, 2024

Sorella, this upcoming community sprawls across 238 acres

Sorella, this upcoming community sprawls across 238 acres

A new development near Cypress is poised to introduce 838 new homes along the FM 2920 corridor.

Known as Sorella, this upcoming community sprawls across 238 acres near Mueschke Road and is gearing up for home sales this spring, with prices starting as low as $300,000.

The collaboration between M/I Homes and Johnson Development Services, announced in 2021, has brought forth this new community. Sorella's debut phase will include 278 homes, featuring single-family designs ranging from 1,295 to 2,825 square feet under M/I Homes' Smart Series.

With suburban areas in the vicinity witnessing continuous expansion, developers are actively unveiling new housing projects. Johnson Development Services President Michael Cox expressed optimism about the partnership, emphasizing its benefits for homebuyers.

Cox highlighted the allure of the area, citing its favorable attributes such as excellent schools and accessibility, which have contributed to its recent growth.

Construction of model homes has commenced, with plans to open for sales in the spring, a prospect Cox finds particularly fulfilling.

Sorella, situated within Waller ISD, promises an array of amenities including a resort-style pool, open-air pavilion, event lawn, lakeside walking trails, and multiple playgrounds. Additionally, Cox noted that Sorella will offer a limited number of half-acre properties, catering to first-time homebuyers and those seeking more affordable housing options.

 

Leslie Don Wilson
Houston Gay realtor Real Estate Agent
Realtor - ABR AHWD ALHS CIPS CNE CRS GREEN GRI MCNE SFR SRES TRLP
Houston - 281-804-2291 
 Houston Real Estate BOSS
Brokered by: HomeSmart Stars 

 

 

Posted in Market Updates
Feb. 4, 2024

Custom Maps By: Houston Real Estate BOSS

Custom Maps By: Houston Real Estate BOSS

 

 

 

 

Jan. 22, 2024

Here are some of the top restaurant picks for Valentine's Day

Here are some of the top restaurant picks for Valentine's Day 2024

Jan. 19, 2024

Bayou City Weekends - Jan 19-21-2023

Bayou City Weekends

Bayou City Weekends - Jan 19-21-2023

Who's Bad: The Ultimate Michael Jackson Experience

By House of Blues Houston, Live Nation

 Friday, January 19, 2024 7pm

The live performance celebrates the King of Pop's expansive catalog to create a jaw-dropping, musical must-see show. 

Admission

Tickets range from $19 to $74.  Buy Tickets

 

10" by 10" Art Show

By Hardy & Nance Studios

 Saturday, January 20, 2024 10am to 10pm

Hardy & Nance Studios presents its 9th annual 10" by 10" Art Show where all pieces must be 10" x 10" square and will cost no more than $250 each. 

Admission

Free  Learn More

 

8th Annual Hops n' Hot Sauce Festival

 Saturday, January 20, 2024 11am to 5pm  Humble Civic Center

8233 Will Clayton Pkwy Humble, TX 77338

$10 at the door - Kids Free

 

Houston Astros FanFest

By Houston Astros

 Saturday, January 20, 2024 11am to 4pm   MINUTE MADE STADIUM

Buy Tickets  $1   with proceeds benefiting the Astros Foundation

 

Punk Rock Garage Sale

By Insomnia Gallery

 Sunday, January 21, 2024 2pm to 6pm

 Shop all manner of vintage apparel, music, art, toys and collectibles, music gear and more at the monthly garage sale hosted by Insomnia Gallery

Bad Astronaut Brewing CompanyView map No Cover

Add to calendar 

1519 Fulton St, Houston, TX 77009

FREE 



Children’s Texas Art Festival

By The Museum of Fine Arts, Houston (MFAH)

 Sunday, January 21, 2024 1pm to 5pm

Bayou Bend Collection and Gardens

6003 Memorial Drive

Houston, TX 77007

Register

 

Leslie Don Wilson

Realtor - ABR AHWD ALHS CIPS CNE CRS GREEN GRI MCNE SFR SRES TRLP
Houston - 281-804-2291 
 Houston Real Estate BOSS
Brokered by: HomeSmart Stars 

Check Out Houston's Top 10 Neighborhoods

Montrose -  Midtown  -  Downtown  -  Museum District  -  Houston Heights

River Oaks  -  West University Place  -  Memorial  -  Bellaire  -  Spring Branch

 

 

Jan. 18, 2024

Houston Real Estate Market Update! December 2023 Update

Houston Real Estate Market Update!

December 2023

Did you know that the Months Supply of Inventory in Houston is currently at 2.87 months? That's great news for buyers as it indicates a balanced market! 📉 But hold on, over the last 12 months, the Months Supply of Inventory has increased by a whopping 25.88%! 📈

 List to Sold Price 

Here's a stat you'll love! The List to Sold Price percentage in Houston is an impressive 97.3%! 💯 This means that sellers are receiving a high percentage of their asking price, giving them confidence in the market. 

Houston Gay Realtor Real Estate Agent

Median Days on Market 

Looking to sell your Houston property quickly? Well, you're in luck! The median days on market is only 24 days!  This low number suggests that properties are selling fast and buyers are eager to find their dream home. 

 

Median Sold Price 

Houston's median sold price is currently at a comfortable $314,123. This reflects a strong and stable market, making it an opportune time for both buyers and sellers to make their move. 

Houston Gay realtor Real Estate agent

When it comes to navigating the Houston real estate market, we got you covered!  Whether you're looking to buy or sell, we'll provide you with expert guidance and personalized solutions to meet your unique needs. 

Contact us today to discuss your real estate goals.

Check Out Houston's Top 10 Neighborhoods

Montrose -  Midtown  -  Downtown  -  Museum District  -  Houston Heights

River Oaks  -  West University Place  -  Memorial  -  Bellaire  -  Spring Branch

 

Houston Gay Realtor Real Estate Agent
Leslie Don Wilson
Realtor - ABR AHWD ALHS CIPS CNE CRS GREEN GRI MCNE SFR SRES TRLP
281-804-2291 
Posted in Market Updates
Jan. 17, 2024

Nonprofit Capital Good Fund Is Providing Solar Loans To Low And Middle-Income Residents In Houston

Nonprofit Capital Good Fund Is Providing Solar Loans To Low And Middle-Income Residents In Houston

 

Nonprofit Capital Good Fund is providing solar loans to low and middle-income residents in Houston, addressing barriers like credit scores. The organization aims to make solar technology accessible, especially in Texas due to extreme heat, sunlight, blackout risks, and rising energy prices. The program offers 25-year loans with flexible interest rates and no prepayment penalty. The initiative targets households with incomes up to 120% of the area median income.

 

Capital Good Fund has expanded its solar lending efforts to Texas, offering subsidies and grants. Challenges include high-interest rates, differing incentives in metropolitan areas, and misleading sales practices in the industry. Resources like Texas Power Guide and Solar United Neighbors aid residents in navigating solar adoption.

 

The organization has issued 154 solar loans, with initial efforts in Houston supported by a $50,000 grant from JPMorgan Chase. Conroe resident Mickey Lee, a loan recipient, views rooftop solar as a long-term solution, providing cost savings and insurance against inflation and fuel cost hikes.

 

Check Out Houston's Top 10 Neighborhoods

Montrose -  Midtown  -  Downtown  -  Museum District  -  Houston Heights

River Oaks  -  West University Place  -  Memorial  -  Bellaire  -  Spring Branch

 

Houston Gay Realtor Real Estate Agent
Leslie Don Wilson
Realtor - ABR AHWD ALHS CIPS CNE CRS GREEN GRI MCNE SFR SRES TRLP
281-804-2291 
Posted in Buyer, Seller
Jan. 15, 2024

Tax Breaks for Houston High-rise Office Conversion To Residential

Tax Breaks for Houston High-rise Office Conversion To Residential

Houston has a lot of empty office buildings, and city leaders want to turn them into homes. A company called AECOM suggested a plan to give tax breaks to encourage this change. Right now, 25% of offices in downtown Houston are empty.

The city already gives money to developers who build apartments in downtown through a program called the Downtown Living Initiative. They can get up to $15,000 in tax rebates for each apartment. But changing offices into homes is a bit trickier.

AECOM came up with two ideas for tax incentives. One idea is to give developers 75% of the extra money they make from property taxes over 15 years. The other idea is to give them 100% of the extra money, but only if the government helps out. This could make it possible to change old offices from the 1980s into homes, especially those that can't get regular historic tax credits.

AECOM picked 37 buildings that could be turned into homes based on things like how old they are, how empty they are, and their size. Two of them, 708 Main and 1021 Main (also called One City Center), seem like good options. The 1021 Main building is up for sale and could become homes, according to marketing materials from JLL.

Other cities like San Francisco, New York, and Calgary have already done similar things, giving money to turn offices into homes. In Houston, they don't care if the buildings become homes or something else, as long as people use them and make downtown more diverse.

Check out these available high-rise and mid-rise condos in downtown Houston

Check Out Houston's Top 10 Neighborhoods

Montrose -  Midtown  -  Downtown  -  Museum District  -  Houston Heights

River Oaks  -  West University Place  -  Memorial  -  Bellaire  -  Spring Branch

 

Houston Gay Realtor Real Estate Agent
Leslie Don Wilson
Realtor - ABR AHWD ALHS CIPS CNE CRS GREEN GRI MCNE SFR SRES TRLP
281-804-2291 
Posted in Buyer, Investors
Jan. 12, 2024

Need A Job? Come to Houston

Need A Job?   Come to Houston

Houston Texas

More and more people are finding work here compared to the rest of the country. In November, there were 3% more job opportunities in Texas than the same time last year, way better than the national average of 1.8%.

 

Houston is expected to add around 60,000 new jobs in 2024. Patrick Jankowski, who's good at figuring out job stuff, thinks the job market will keep growing, just not as fast as before. Last year, he predicted we'd add between 60,000 and 80,000 jobs, and it looks like we're going to be around 70,000-72,000 jobs. He also said there probably won't be a recession, but some industries might have a tough time.

 

 

Jankowski thinks prices might keep going up a bit because there are more job openings than people looking for jobs. Houston has been creating a ton of jobs in the past few years – 557,000 jobs in the last 42 months! That's more than we usually make in a whole decade. But Jankowski says we can't keep up that super-fast pace. Now we're more like a marathon runner, trying to find a steady pace that we can keep up over time. Next year, we'll be figuring out if we need to go a bit faster or slower, but we want to find a pace that's good for the long run.

Check Out Houston's Top 10 Neighborhoods

Montrose -  Midtown  -  Downtown  -  Museum District  -  Houston Heights

River Oaks  -  West University Place  -  Memorial  -  Bellaire  -  Spring Branch

 

Houston Real Estate Boss Houston Gay Realtor Real Estate Agent
Leslie Don Wilson
Realtor - ABR AHWD ALHS CIPS CNE CRS GREEN GRI MCNE SFR SRES TRLP
281-804-2291 
Posted in Buyer, Investors
Jan. 11, 2024

Divorce REALLY Fucking Sucks

 Navigating Divorce and Real Estate

 

Divorce is undoubtedly a challenging and emotionally charged process. I understand the need for precision, efficiency, and a strategic approach, especially when it comes to selling your home amid such a significant life change. Here are some tips to help individuals going through divorce seamlessly navigate the real estate market while maintaining control and focus.

 

Set Clear Objectives:

Before embarking on the journey of selling your home during a divorce, it's crucial to define your goals clearly. Whether it's achieving a quick sale, maximizing profits, or minimizing stress, having a set of well-defined objectives will guide your decisions and interactions throughout the process.

 

Open Communication:

Divorce often involves complex emotions and delicate discussions. As a Type A personality, it's essential to maintain open and transparent communication with your ex-spouse to make informed decisions regarding the sale of your property. Establishing clear lines of communication will not only facilitate a smoother process but also contribute to a more amicable and efficient resolution.

 

Work with a Professional Mediator:

Engaging a professional mediator can be particularly beneficial for Type A personalities seeking an organized and structured approach to decision-making. A mediator can help navigate disputes, streamline negotiations, and ensure that both parties are heard, fostering a more collaborative and less adversarial environment.

 

Efficiently Prepare Your Home for Sale:

In the fast-paced world of a Type A personality, efficiency is key. When preparing your home for sale, focus on decluttering, depersonalizing, and staging to showcase its full potential. Consider hiring professionals to expedite the process and create a visually appealing environment that attracts potential buyers quickly.

 

Set a Realistic Pricing Strategy:

Type A personalities thrive on data and facts. When determining the listing price for your home, conduct thorough research on comparable properties in the area, and seek the advice of a real estate professional. Setting a realistic and competitive price will expedite the selling process and help you achieve your financial goals.

 

Create a Timeline:

Developing a timeline for the sale of your home can provide a sense of structure and control during an otherwise tumultuous time. Set milestones for each stage of the process, from listing your property to completing the sale, allowing you to stay on track and meet your objectives efficiently.

 

Selling a home during a divorce may seem daunting, but can be a well-managed and structured endeavor. By setting clear objectives, maintaining open communication, working with professionals, preparing your home efficiently, establishing a realistic pricing strategy, and creating a timeline, you can successfully navigate the real estate market while focusing on your future and minimizing unnecessary stress.

 

Houston Gay Realtor Real Estate Agent

Leslie Don Wilson
Realtor - ABR AHWD ALHS CIPS CNE CRS GREEN GRI MCNE SFR SRES TRLP
281-804-2291 

Check Out Houston's Top 10 Neighborhoods

Montrose -  Midtown  -  Downtown  -  Museum District  -  Houston Heights

River Oaks  -  West University Place  -  Memorial  -  Bellaire  -  Spring Branch

 

Posted in Seller