The Market Sleeps Through October

November 15, 2019November 17, 2019Cameron Ansari

The week after Labor Day is the traditional start of the Houston real estate market’s second wind, especially in River Oaks. All was going to plan until Tropical Storm Imelda hit the city in the third week of September. Then the market curled up and went into a deep sleep. A...

New Construction in River Oaks

October 17, 2019October 18, 2019Cameron Ansari

As of the third week of October, there are currently 42 properties in River Oaks owned by speculative builders. Of these, 18 are being actively marketed on the multiple listing system (MLS), including one in a pending contract awaiting completion. What do we know about them? Of the 42 spec properties,...

Big, Bigger, Biggest

June 25, 2019June 25, 2019Cameron Ansari

While we have seen a robust number of house sales in the first half of 2019 on small and moderate-sized lots, the most striking feature of the current River Oaks real estate market has been the large number of sales of properties on half an acre or more.* In a neighborhood...

And They’re Off … Sort Of

March 12, 2019March 18, 2019Cameron Ansari

Just two months ago, we were trying to catch our breath after the wild record-breaking River Oaks real estate ride of 2018. As we wrote in the River Oaks Market Report ~ 2019 Outlook, 2018 was memorable for the sheer volume of transactions: “more than $300 million of real estate traded...

2019 Outlook: The Overall Market

January 23, 2019January 23, 2019Cameron Ansari

The Big Picture It was a well-shuffled deck in 2018 River Oaks real estate, layered with the usual life-events of birth, divorce and death, but also including bankruptcies, foreclosures, financial windfalls and some malfeasance. It’s what makes River Oaks the most interesting place to work in Houston real estate. Most remarkable,...

Global Residential Real Estate Markets

December 14, 2018December 15, 2018Cameron Ansari

Houston is not destination real estate – that is, it’s not part of the globalized residential real estate market – despite wishful thinking among some of our clients. There are cities around the world in which globetrotters and cross-continental investors will plonk down a tidy sum to buy a status property,...

A Year Ago and Today

September 17, 2018September 18, 2018Cameron Ansari

For all the number nerds out there, here are some statistics showing River Oaks real estate activity August 1 through September 15 this year and last year. A quick glance at the numbers in the table above would suggest that we are in a radically different market as we head into...

2300 Timber Lane: A Mid-Century Home With Plans to Stay

August 9, 2018August 11, 2018Cameron Ansari & Teresa Byrne-Dodge

River Oaks has always been a daunting real estate market, especially for younger homebuyers. Getting a toe-hold in the neighborhood has been made even more difficult in recent years by builders who have been snapping up older and smaller homes – the fixer-uppers, if you will – and scraping them from...

Five Things to Know About the River Oaks Real Estate Market Right Now

June 17, 2018June 17, 2018Cameron Ansari

A preview of some of the trends we will examine in greater depth in our upcoming semi-annual River Oaks Market Report We’re going to keep it simple and skim over the highlights of what we’ve noted in the market since January. We will drill down deep next month in the print publication...

The More Things Change …

May 18, 2018May 18, 2018Cameron Ansari

We recently dusted off last year’s River Oaks Market Report updates to see any patterns with late Spring 2017 and, more important, to tease out any significant differences. The first few paragraphs of our June 2017 report could be used verbatim for where we stand right now: … mixed signals …...