Buying like it’s 2021: Nearly half of recent buyers have a mortgage rate below 5%

New Zillow survey data finds many buyers are securing lower mortgage rates from home builders, sellers, or borrowing from friends or family members Although average mortgage rates are much higher, 45% of buyers who have purchased a home in the past year report having a rate below 5%. Mortgage rates rose from 2.65% in 2021 […]
Hines’ Mansion in Houston’s River Oaks, Priced at $20M, Lands Buyers

A River Oaks mansion that once belonged to Houston real estate royalty has changed hands in one of the city’s priciest home transactions on record. An LLC tied to George DeMontrond III and Marilyn DeMontrond, who own more than a dozen auto dealerships across the country, bought the 17,000-square-foot estate at 2920 Lazy Lane Boulevard, […]