Happy June!
The Houston area real estate market showed no signs of slowing down setting two new all-time high pricing records in May 2022! Read on for the latest market update, local events happening in and around the Bayou City, and to
discover lifestyle tips curated just for you!
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May home sales in the greater Houston area maintained a healthy pace despite home prices reaching new record highs and rising interest rates.
Here is a look at the top three real estate market highlights in May 2022:
Housing inventory is currently at its highest level thus far in 2022! There was a 9% increase in new listings bringing the months of inventory up to a .6-months supply, the highest level since October 2021 when it was 1.7 months. While the supply increase is relatively minimal, it is still positive news for buyers!
New records were set for the average and median sales prices. Buyers pushed Houston area home prices even higher in May 2022 setting two new ALL-TIME HIGH records! The average price of a single-family home rose 14.3% to $440,670 while the median price jumped 16% percent to $351,000. This is a big feat considering that March of 2022 was the first time Houston area home sales broke the $400,000 mark!
A new ALL-TIME HIGH record was set for the 'Close to Original List Price Ratio'. For the second month in a row, the ‘Close to Original List Price Ratio’ for single-family homes broke the 100% mark, rising to 100.9% — topping the previous high of 100.6% set last month. The ratio first broke the 100% mark in June 2021 when the record was set at 100.3%.
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After Dark: Roaring ’20s at Houston Zoo
Friday, June 17th | 6:00 PM - 9:00 PM
Taking inspiration from the era in which the Houston Zoo was founded (1922), the Zoo will become a 1920s speakeasy. The Roaring '20s-themed After Dark event will include a live dueling piano show, a photo booth, food and drinks, and more. Purchase your tickets here!
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Blooms & Berries Festival
Saturday, June 4th - Sunday, June 19th
Every Saturday & Sunday from late May until mid-June, the Blooms and Berries Festival at P-6 Farms offers strawberry picking, blackberry picking, sunflower picking, carnival rides, photo ops, and more! Learn more.
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Less Is More: Creating a Minimalist Living Room
Minimalist interior design translates to more than an uncluttered, sparsely decorated room. Birthed from modern design, minimalism embraces simplicity, reducing an interior to what’s necessary for the space to function well. But this clean, no-fuss style doesn’t need to feel uninviting. Balance and warmth are crucial to delivering the elevated beauty this style can create.
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Best Garage Remodeling Ideas
for Impressive Curb Appeal
Does your garage need a little TLC or a total refresh for better curb appeal? Use these garage remodeling ideas to revamp the space with added style. From quick spruce-ups to major updates, there's a garage remodel project for every budget.
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Father's Day Brunch Recipes Dad Will Love
Father's Day falls on a Sunday for a reason: brunch! Celebrate Dad with all the mid-morning decadence he deserves by making savory and sweet brunch recipes that are sure to wow. Just don't let him do the dishes. It's his day!
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1970's Design Is Making a Major Comeback
The 1970's design trend isn't overwhelming modern interiors just yet, but the new season is a harbinger, a sophisticated extraction of the era's good moments. New trends are cherry picking elements such as low-slung seating, playful florals, and even wood paneling. These are all seeing a sophisticated resurgence!
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