Marissa Luck

Houston

Real Estate and Business Journalist at Chron

Journalist covering real estate and business for @HoustonChron. Story Tips? [email protected] Formerly @CoStarNews, @TheCoStarGroup @MyABJ

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Articles

Houston's 10 best-selling neighborhoods, ranked by home sales in 2024

5 days ago | houstonchronicle.com | Marissa Luck

If you want to find where most Houston homebuyers are moving, look to the suburbs and along a few key highways. The 10 best-selling residential market areas in the region last year were located outside the city’s dense Inner Loop, according to new data from the Houston Association of Realtors. A mix of good schools, relative affordability, scenic surroundings and expanded highways continue to draw homebuyers to the city’s outer edges, especially to the west and north.
Cost of building a home in Houston could go up by $12K

1 week ago | houstonchronicle.com | Marissa Luck

Rising costs for builders If the larger tariffs are reimposed, depending on their scale, " it would increase costs, meaning builders would need higher prices to continue building. That could slow down housing construction in Houston," said Adam Perdue, a director at housing data firm Zonda who tracks the Houston market.
Buy now or wait? What Houston homebuyers should know amid tariff turmoil

2 weeks ago | houstonchronicle.com | Marissa Luck

Uncertainty is spreading in Houston's housing market as buyers and sellers weigh how to respond to the stock market turmoil unleashed by tariffs imposed by President Donald Trump. With fear of a recession rising, some buyers are considering postponing purchases, while others see the prospect of lower mortgage rates this spring. A lot depends on the person's individual financial situation and their proximity to retirement, said Tricia Turner, associate broker with Realty of America in Fulshear.
New Katy rental homes offer suburban lifestyle without the mortgage

2 weeks ago | houstonchronicle.com | Marissa Luck

A new neighborhood of single-family rental homes is opening in Katy, adding to the growing wave of built-to-rent communities expanding across the Houston region. The 22-acre community on Terrazzo Drive, called Tricon Peek Road, will eventually feature 175 detached rental homes within the Cypress-Fairbanks Independent School District. The first renters have moved into the community, where construction on 37 houses and community amenities are complete.
This stunning River Oaks home was almost demolished. Can you guess the price?

3 weeks ago | houstonchronicle.com | Marissa Luck

A couple bought this River Oaks home for lot value several years ago, and it needed so many repairs that it easily could have been demolished. Instead, their longtime interior designer, Laura Umansky, convinced them to embrace the architectural pedigree of the home, which was designed by renowned Houston architect Charles Tapley.
Big plans for Fort Bend County as 4,000-home community breaks ground

1 month ago | houstonchronicle.com | Marissa Luck

Construction has started on a 1,500-acre master-planned community in Fort Bend County, adding to the dizzying growth of the area west of Houston. Johnson Development, a prolific Houston-based real estate developer, recently started building the as-yet-to-be-named community southwest of Houston off FM 2977 at Koeblen Road near Richmond and Thompsons. The project is expected to have 4,000 homes once complete, the company said.
These Houston neighborhoods dominate the region's luxury real estate market

1 month ago | houstonchronicle.com | Marissa Luck |Alexandra Kanik

Where and when do the Houston-area's richest homebuyers buy properties in Houston? To help answer those questions, we analyzed the records of the 140 most expensive homes sold this year as listed by the Houston Association of Realtors. Here's what we found. A closer look at the data shows the neighborhoods that dominate Houston's booming luxury real estate market, the peak months for closings and the average age of the homes that fetched the highest prices.
Peek inside Houston's priciest February homes

1 month ago | houstonchronicle.com | Marissa Luck

A gated estate with a private tennis court. A sleek, glass-walled mansion overlooking Taylor Lake. A River Oaks home with a wood-burning pizza oven and hand-painted wallpaper. In February, a mix of newly built estates and historic residences changed hands on Houston's ultra-luxury market, with sale prices reaching eight-figures. These homes - in Piney Point Village, River Oaks, and Seabrook - reflect the city's diverse tastes in luxury, from modern minimalism to old-world grandeur.
3,000-acre Magnolia community north of Houston set for major expansion

1 month ago | houstonchronicle.com | Marissa Luck

Magnolia is poised for more residential growth as a developer launches a 1,424-home expansion of the Audubon master-planned community north of Houston. This section of Audubon, the Heron Run District, will be the third within the 3,000-acre community, which is expected to have 5,000 homes when complete, according to developer Audubon Magnolia Development. Audubon, near state Highway 249 and FM 1488, would add thousands of residents to Magnolia, about 45 miles northwest of downtown Houston.
12-story luxury apartment tower coming soon to Houston's Museum District

1 month ago | houstonchronicle.com | Marissa Luck

A new 12-story apartment tower is set to open soon in the Museum District, the latest in the area vying for high-income renters. The Heron, a 303-unit project by Houston real estate firm Fairmont Residential TX, is leasing now with the first residents expected to open in May. Situatedt 4343 Woodhead, the Heron is next to the developer's Fairmont Museum District, but will have a more "premium" experience, a company spokesperson said.