Welcome to the December Market Update

Happy New Year, Houston! It is officially 2024 and we are here to show you how the housing market closed out 2023. Whether you're an agent, investor, buyer, and more, it's crucial to know all the facts when it comes down to the real estate market.

Not only that, but we also have all the information you need to keep up to date with what's going on in Houston! From activities, to news, business, and more! We find it a key factor to know what's going on around us when selling houses in the Houston area.

What's happening in Houston?!

Billionaire Tilman Fertitta buys prime Memorial Drive property to expand Houston business!

Info via Houston Chronicle

Photo via Tilman Fertitta

New upscale Japanese restaurant claims former One Fifth space in Montrose.

Info via CultureMap Houston

Photo via Julie Soefer

New luxury high-rise off Buffalo Bayou promises coveted locale and elite perks!

Info via CultureMap Houston

Photo via Lance Childers/courtesy of Houston First Corporation

Houston Market Update

Realities of applying for a mortgage today...

With so much focus on high mortgage costs, it's worth doubling down on some of the finer points of applying for a home loan.

While the Federal Reserve's artificially high mortgage costs are stopping some homeowners from selling, there are more than a million buyers in the market today.

Seven tips to prepare for spring sale

Prioritizing personal circumstances is one of the best ways to determine when to sell a property.

Despite high prices being recorded in many locations, plenty of homeowners have held on tightly since mid-2023 in order to avoid the 22-year high interest rates of 7% to 8%. READ MORE

Development Spotlight

Beall Square in Shady Acres just west of Heights Proper on the corner of Beall & 21st Street offer contemporary living. These 7 free-standing homes provide community with high design. Open concept living into dining and kitchen areas feature a spacious entertaining place for all your guests. Frigidaire stainless steel appliances, black & gold touchless kitchen faucet, round LED wall mirrors, Quartz MSI Carrera countertops and porcelain tile offer luxury living. Private driveways, fenced in private green space and covered balconies leave nothing to desire. Plan B features all bedrooms on the 2nd floor with an additional game room on the 3rd floor. Schedule your tour today!

That's it for this month! Make sure to check back every end of the month for a new CQ Brief update!