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Real Estate
Texans Rebel Against Buyout of Government on Homes in Flood Zones
As waters rose recently, nearly engulfing two of the six homes 60-year-old Tom Madigan owns along the San Jacinto River, he swiftly began repairs. Walls were stripped, floors pulled up, and waterlogged furniture discarded.
Housing boom in most of the US could ease shortage, but cost is still a problem
The United States has added almost 5 million housing units since 2020, most heavily in the South and most of them single-family homes, making a housing shortage look conquerable in much of the nation. Still, even more homes need to be built — especially single-family homes, experts say — and continuing high interest rates are hurting potential homebuyers. […] The post Housing boom in most of the US could ease shortage, but cost is still a problem appeared first on SC Daily Gazette.
How new Realtor rules could affect Houston homebuying
With Houston's spring homebuying season in full swing, we thought we'd take a look at what the recent major lawsuit involving Realtors means for the sale or purchase of your house.Why it matters: The seemingly small change, which a court preliminarily approved in April, is causing major confusion.By the numbers: April was a month of growth for those in the Houston home-purchasing market, according to the Houston Association of Realtors.Realtors sold more than 7,900 single-family homes in April, a 9.2% increase from April 2023.Overall property sales topped $4 billion in the Houston area last month, with an average single-family home...
Deadline for Harris County homeowners to protest property value, save money is today
HOUSTON — Wednesday is the last day to protest the value of your home and save money. The Harris Central Appraisal District said the overall average home appraisals increased roughly 2.5% this year and also said the appraisal values mean the housing market appears to be normalizing. HCAD said homes in lower price ranges saw minimal value increases while homes valued above $450,000 had value increases of roughly 4% to 8%. Whether you saw a big jump in your appraisal, or even a decrease, you might want to think about protesting.
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