Market snapshot: Texas and COVID-19
Texas real estate saw a significant slowdown in market traffic once the COVID-19 pandemic arrived, but since then, indications of a rebound have emerged
by Lillian Dickerson Apr 14
Rent growth slows amid coronavirus pandemic
Rents still increased in March, but the growth slowed at a time when rents would normally be rising more quickly
by Jim Dalrymple II Apr 6
Compass is launching virtual services to keep agents in business
The platform is aimed at keeping business going as some states issue stay-at-home orders
by Patrick Kearns Apr 1
How 1 agent helped small business owners earn $1M in sales despite outbreak
True Houston founder Nicole Lopez-Cummins' Texas Festival Vendors page has helped 96 small business owners make $1M in sales all online
by Marian McPherson Mar 30
John Daugherty Realtors files for bankruptcy 3 days after Douglas Elliman deal died
The Houston-based brokerage announced plans to move its team to Douglas Elliman in December without incorporating the John Daugherty name. Now it's filed for Chapter 11
by Lillian Dickerson Feb 28
Douglas Elliman cancels plans to acquire John Daugherty Realtors
The New York-based brokerage announced the deal in December to acquire Houston-based John Daugherty Realtors, but a 'legal technicality' has put the kibosh on the plan
by Lillian Dickerson Feb 27
Despite softening home price growth, it's still a seller's market
Homeseller profits increased for three years in a row, rising to $65,500 in 2019
by Marian McPherson Jan 22
Prime homebuying season is getting earlier each year: Realtor.com
A new realtor.com market report revealed that buyers in 20 of the 100 largest markets are beginning their home search in January
by Marian McPherson Dec 18
Move over Phoenix, Los Angeles is latest battleground for real estate tech
Years ago it was hard to imagine iBuyers ever making headway in a city with older and more expensive homes. But this year Opendoor, Zillow and others went all in on L.A.
by Jim Dalrymple II Dec 13
39% of homesellers 'somewhat likely' to work with an iBuyer
Despite the interest and awareness of iBuyers, however, 92% still want to work with a Realtor, according to a new consumer survey by the Houston Association of Realtors
by Patrick Kearns Nov 27
Stagnant homeowners are creating an inventory catch-22
A new study by Redfin revealed the average homeowner in 2019 has lived in their home for 13 years, a 5-year increase from 2009
by Marian McPherson Nov 5
Redfin launches in new markets in Tennessee, Georgia, Kentucky
Consumers in Savannah, Chattanooga and Northern Kentucky will now be able to search for homes on Redfin.com as well as use the brokerage's agents
by Jim Dalrymple II Oct 30
RedfinNow joins crowded Houston iBuyer market
Starting Wednesday, homeowners in the Houston metro area can get an all-cash offer for their home from the Seattle-based real estate brokerage
by Patrick Kearns Sep 26
Texas agent finds dead body during home showing with client
Detectives and forensics experts later announced that the man was not killed inside the home
Fidelity National drops massive acquisition bid amid opposition
Fidelity's attempt to buy Stewart Information Services fell apart after the Federal Trade Commission said it would oppose the deal
by Jim Dalrymple II Sep 10