Homes in Texas are staying on market for record-low time, report says


Homes in Texas are being snapped up almost as quickly as Amazon Prime Day deals. The Texas Real Estate Research Center at Texas A&M University reports that existing homes in the state stayed on the market for only a month in May. That’s a record low since the research center began tracking such data in 1997. “Mortgage rates are still hovering around 3 percent, and ongoing demographic trends continue to support housing demand,” Luis Torres,…

from News Feed – CultureMap Houston https://ift.tt/3j62AEV



from WordPress https://ift.tt/3japD1e

Comments

Post a Comment

Popular posts from this blog

The wait is almost over: Sushi powerhouse Nobu sets Houston open date

Image
The wait for Nobu has almost come to an end. The global sushi powerhouse announced that it will begin accepting reservations at 10 am on Tuesday, May 22, for dinner service beginning June 1. That’s right. The almost two-year wait for Nobu ends in less than two weeks. Updated renderings give future patrons some idea of what they can expect from the 290-seat, 10,000-square-foot space in Galleria VI. Building materials include Japanese-inspired fabrics, Italian flooring… from News Feed – CultureMap Houston https://ift.tt/2IB2fsK from WordPress https://ift.tt/2KNKdQT
Read more

New Midtown restaurant serves up savory waffles and sweet cocktails

Image
Waffles: they’re not just for breakfast anymore. At least, that’s what one veteran chef is betting on at his new Midtown restaurant. Don Bowie, a veteran of restaurants such as Sweetie Pie’s and Flower Child, is opening Taste Bar + Kitchen on Friday, March 29. Located in the former home of Sterling House, the new restaurant serves a comfort food menu oriented around chicken and waffles and mac and cheese. Options include sweet — Fruity… from News Feed – CultureMap Houston https://ift.tt/2HOmSkv from WordPress https://ift.tt/2FDhfCd
Read more

A buzzy sip at a CBD coffee shop in West U, plus downtown Italian soul

Image
On this week’s episode of “What’s Eric Eating,” chef Martin Weaver and his business partners, cousins Andrew and Addison Alvis, join CultureMap food editor Eric Sandler to discuss Grinder’s Coffee Bar. Recently opened in West University Place, Weaver and Andrew Alvis pivoted from the salad concept they originally intended to open to a coffee shop. when they ran into permitting issues. Grinder’s sets itself apart in a couple of ways, primarily by being one of… from News Feed – CultureMap Houston https://ift.tt/2WvwKnw from WordPress https://ift.tt/2PBxHJU
Read more