Phillip Howell - Real Estate Agent

HOUSTON — (March 11, 2026) — Home prices hit their lowest level in two years (based on 2 key metrics). The average home price rose 2.0% to $415,091, while the median price declined 0.9% to $322,078. At the same time, 30-year residential mortgage rates fell to the lowest level in more than 40 months, with the two combining for lower year-over-year mortgage payments in 16 of the past 19 months, resulting in improved affordability. Compared to a year ago, Houston single-family homebuyers in February 2026 had a monthly principal and interest payment that was $149 less than February 2025 – an annual savings of $1,786 assuming a 20% down payment on the median-priced home.

Are you getting ready to Sell or Buy this spring?

HOUSTON — (December 10, 2025) — This November, Houston’s housing market gave buyers and sellers something to be thankful for as conditions continued to move toward balance.