Houston Association
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Articles by Houston Association
HAR PRESIDENT & CEO BOB HALE, CONSIDERED A TITAN OF THE REAL ESTATE INDUSTRY, ANNOUNCES RETIREMENT PLANS; BOARD ANNOUNCES SUCCESSOR
Hale will step down in 2026, ending more than a half-century of service at one of the nation's premier Realtor associations HOUSTON, Jan. 30, 2024 /PRNewswire/ -- Houston Association of Realtors (HAR) President and CEO Bob Hale, regarded as a pioneer in the U.S. residential real estate industry, has announced plans to retire in 2026, which will end 52 years of service to HAR, 37 of them at the helm.
Magnificent mansions funded by ill-gotten gains
Elizabeth Holmes and her husband, Billy Evans, are pictured here enroute to a restitution hearing. Following her sentencing, a judge ruled that Holmes and Balwani must pay back £342 million ($452m) to the victims of their crimes. The tech start-up had a list of high-profile investors, including business mogul Rupert Murdoch and Oracle co-founder Larry Ellison. The largest cut of the restitution – some £100 million ($125m) – is due to be repaid to Murdoch. Holmes intends to appeal her sentence.
2023 should mark a return to ‘pre-pandemic normalcy’ for Houston real estate
By Cathy Treviño, chair, Houston Association of Realtors After conquering the challenges of a global pandemic, Houston real estate found itself unable to withstand the powerful economic headwinds that began swirling in early 2022 and that ultimately ended a long and much-admired record-setting run.
HAR: Off-market listings high in the third week of 2023
The Houston Association of REALTORS® Weekly Activity Snapshot shows that while new listings and consumer traffic at showings are returning to healthy levels, off-market listings are still drastically higher than they were a year ago. New listings are down 6.8%, representing a small decrease in momentum for Houston inventory. Pending listings are down as well, with 2,208 listings going under contract during the week ended Jan. 23 compared to 2,852 during the same time in 2022.
HAR’s year-end review of home sales in 2022
HAR’s year-end review of home sales in 2022 January 13, 2023 The Houston Association of REALTORS® has released its December/Full-Year 2022 Housing Market Update, which reveals that single family home sales were down 10.9% compared to 2021. This brings an end to the record-setting hot streak the Houston real estate industry experienced before and during the pandemic. Single-family home sales amounted to 95,113 in 2022, which is nearly an 11% decrease from the amount sold throughout 2021.
Understanding how Homeowners Associations (HOAs) Work
If you are setting your sights on buying a home or condominium, keep in mind that the property may be governed by a Homeowners Association, or HOA. More than 63 million people live within communities that are overseen by HOAs, according to the Community Associations Institute. That means 24 percent of U.S. homes are part of community associations.
A historic Austin building, waterfront villas and a Houston architectural gem
Half of the priciest estates to enter the Texas market this month are located in the Austin area, according to information provided by the Houston Association of Realtors. One notable Houston home also made the list. All together, these 10 estates are currently listed at a combined $113,400,000. Take a look inside the state's most lavish homes to recently enter the market, which range from historic downtown Austin buildings to majestic lakefront villas.
Houston Housing Affordability Declines with Soaring Price
About half of all Houston-area households could afford to purchase a median-priced home during Q1 2022 Fewer households throughout the Greater Houston area could afford to purchase the median-priced home in the first quarter of 2022, as home prices and mortgage interest rates climbed.
Realtor View: How much home can you afford to buy?
Jennifer Wauhob, Houston Association of Realtors April 30, 2022 Home prices throughout the Houston market are at all-time highs, which is raising concerns about affordability, especially among first-time homebuyers. Then layer on rising interest rates, and many consumers are having to carefully weigh whether the “American dream” is attainable right now. A key step to finding a home is figuring out how much you can spend.
HAR: Are you being treated fairly as a prospective buyer or renter?
April is National Fair Housing Month. And while the real estate industry, like so many other businesses across the country, suffered the effects of the coronavirus pandemic, we cannot turn our backs on history and the important place to which it has led us. Fifty-four years ago tomorrow, April 11, 1968 — seven days after the assassination of Dr. Martin Luther King Jr. — President Lyndon Johnson signed the Civil Rights Act of 1968 into law.
Realtor View: Make your home as marketable as possible
Selling your home can be overwhelming even without the backdrop of a pandemic, particularly if you are constrained by time or money. If your property is taking longer to sell than you expected, don’t lose hope. It may be time to re-evaluate. Knowing what problems exist and how to fix them may entice buyers and increase the opportunity for a sale. In the current market, which strongly favors the seller, you would have to seriously overprice your home for it not to sell quickly.
HAR MLS Rolls Out An Innovative Showing Service For Its More Than 45,000 Subscribers
HOUSTON, Nov. 11, 2021 /PRNewswire/ -- After more than six months of development by its in-house technology team, the Houston Association of Realtors®' Multiple Listing Service (HAR MLS) has launched ShowingSmart, an enhanced tool to streamline scheduling and management of property showings whether agents are in the office, on the road or at home.
Katy real estate market standing strong with healthy sales despite pandemic
By Joselyn Hofer | Times Editorial Intern Although May was a rough period for real estate companies all over Greater Houston, things have started to look up these past two months. In fact, home sales have increased, even surpassing sales in 2019 by at least 1,000, said a Houston Association of Realtors press release.
Houston Firefighters, City Return to Mediation Next Month
Both sides will return to court-ordered mediation in an effort to agree on a new contract amid a lawsuit challenging the constitutionality of a voter-approved pay parity measure. Join Thousands of Fellow Followers Login or register now to gain instant access to the rest of this premium content! The Houston firefighters union and Mayor Sylvester Turner's administration will return to mediation Aug.
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