HOUSING & REAL ESTATE
Greenwood at Katy will finish construction on its last building June 15. Aside from conventional units, the apartment community offers designated housing for Katy's critical workforce, which includes teachers and first responders. (Courtesy Greenwood at Katy)
Greenwood at Katy apartment community to finalize construction in June
Houston's median single-family home value has risen 16% since last May and is now the highest on record at $351,000. (Courtesy Houston Association of Realtors)
HAR: Houston home values continue to climb despite a slowdown in property sales
“Value increases this year have been unprecedented,” Altinger said in a statement. “In my almost 40 years in the real estate business, I have never, ever seen such large increases in market values.” (Courtesy Houston Association of Realtors)
Counties see appraisal increases
Along with rising apartment prices in the U.S., the median price of homes also rose this year due to inflation, coming in at an average of $450,00. When looking at the housing market in Texas, the median price hovered at around $350,000. (Carson Ganoong/Community Impact Newspaper)
Housing market, economy starting to recover in Houston
Total property sales in the Houston area have stagnated following increases in housing prices and mortgage rates. (Courtesy Houston Association of Realtors)
HAR: Single-family home sales decline year over year, prices continue to rise
The Houston housing market follows national trends, as fewer households can afford rising costs. (Courtesy Visit Houston)
HAR Housing Affordability Index: Less than half of Houston-area residents can afford a median-priced home
Harris County property taxpayers face a May 16 deadline to file appraisal protests with HCAD. (Courtesy Fotolia)
What Harris County homeowners need to know as the appraisal protest deadline approaches
The plat outlined in red shows 215 acres of land in Brookshire. Bold Fox Development will cultivate it as a residential community in early 2024, according to a news release. (courtesy Bold Fox Development)
215 acres in Brookshire for new residential community purchased by Bold Fox Development
According to ownership, the company first opened the new location this February and held a grand opening in mid-March. (Courtesy of Plano Antique Mall)
CI TEXAS ROUNDUP: Plano Antique Mall relocates to new west-side location; Local Table relocating to a larger space in Katy area and more top news
Magnolia Village is a 60-acre mixed-use development proposed at FM 1488 and Spur 149 in Magnolia. (Rendering courtesy Gulf Coast Commercial Group)
CI TEXAS ROUNDUP: Construction to start on Magnolia Village retail center May 2; Stranger Things Store to open in Grapevine Mills and more top news
A request made by residents in the southwest corner of Franz Road and Avenue D to change the encircled area from residential, single-family properties to a commercial property zone was denied by Katy City Council on April 11. The city's Planning and Zoning Commission recommended the denial, and many residents spoke in opposition to this request at a public hearing. (Screenshot courtesy City of Katy)
CI TEXAS ROUNDUP: Katy City Council denies request to rezone 17 acres of residential land for commercial use; Round Rock Crossing shopping center acquired by B.H. Properties and more top news
A new report shows a continued increase in property sales despite rising prices. (Courtesy Houston Association of Realtors)
Houston-area property sales rise in March year over year despite fewer listings, increase in mortgage interest rates
The Fort Bend Central Appraisal District presented 2022 market trends for residential and commercial properties, and land values to the commissioners court on April 6. (courtesy Fort Bend Central Appraisal District)
Data trends show 'irrational' increase in 2022 market value of residential properties in Fort Bend County
Sal-O-Mon owner Oscar Gomez stands with his son Angel. They relocated the restaurant in February. (Photos by Warren Brown/Community Impact Newspaper)
CI TEXAS ROUNDUP: Authentic Mexican fare eatery Sal-O-Mon moves to New Braunfels; Fuddruckers burgers to return to Frisco with ghost kitchen and more news
The Dallas-Fort Worth-Arlington metro area ranks No. 1 in numeric population growth nationwide. (Courtesy Canva)
CI TEXAS ROUNDUP: Collin, Denton, Tarrant counties see population increases; Goode Co. Barbeque to reopen Hwy. 290 location and more top news
The new Lamar CISD elementary school coming to Cross Creek Ranch is slated to open by the 2024-25 school year. (Courtesy Cross Creek Ranch)
New Lamar CISD elementary school to open 2024-25 school year in Cross Creek Ranch
The Texas Department of Housing and Community Affairs is offering homeowner assistance through the state’s homeowner assistance fund to help eligible homeowners with past due mortgage payments, property taxes and insurance, and delinquent homeowner association and condo association fees. (Courtesy Fotolia)
New Texas program offers homeowners assistance funds for delinquent mortgage payments, property taxes
Driven by a red-hot real estate market and rising sales prices of single-family homes, residential property values in Harris County are expected to rise by around 15%-30% when notices are sent out this spring, according to a March 17 news release from the Harris County Appraisal District. (Courtesy Fotolia)
Home appraisals jump 21% in Harris County in 2022
Home valuations in Williamson County could see an "unprecedented" spike in the coming years. (Taylor Girtman/Community Impact Newspaper)
CI TEXAS ROUNDUP: Leander, Cedar Park, WilCo residents to see ‘unprecedented’ home valuation spikes; Fat Shack coming soon to Webster and more top news