Spring
Real Estate
ACTION 13: Houston homes taken over by squatters leave owners, neighbors frustrated by legalities
In one neighborhood, residents live in fear near a home obviously falling apart, with missing doors, bits of drywall scattered everywhere, and small fires that are slowly eating away at the home's framing.
DATA: See how the Spring-area housing market fared in April
The majority of Spring-area homes sold in April were in the $200,000-$399,999 price range. (Brittany Anderson/Community Impact) Fewer homes sold in April 2024 than did in April 2023 across half of ZIP codes that make up Community Impact's Spring and Klein coverage area. More home sold in ZIP codes 77070 and 77389, and the number of homes sold remained stagnant in 77069.
Rent prices are going down in Texas and one big city here is now one of the cheapest places to live
Texas Rent Trends: A Silver Lining in the Housing Market. In the ever-evolving landscape of the US housing market, Texas emerges as a beacon of affordability amidst skyrocketing costs elsewhere. Despite the financial squeeze many Texans feel due to escalating home prices and the disproportionate climb in homeowners insurance rates versus wage increases, there's a glimmer of hope on the horizon. According to a recent analysis by rent.com, rental prices are experiencing a downward trend not just in the Lone Star State but across the nation.
Houston Housing Authority is lowering how much it pays in housing vouchers to HUD fair market rent
In a strategic maneuver aimed at expanding support for those grappling with housing expenses, the Houston Housing Authority has opted to tighten its financial belt regarding voucher payments. The decision, disclosed on Tuesday, entails a reduction in the maximum rent covered by housing vouchers, aligning it precisely with the U.S. Department of Housing and Urban Development's (HUD) fair market rent standards, as opposed to the previous allowance of 130%. This shift, reported by the Houston Chronicle, is intended to stretch the program's resources further, potentially aiding more families, albeit at the expense of raising concerns among landlords and voucher recipients.
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