Houston, TX real estate expert Patti Garrison gives his tips on what to do there during March, as well as the latest on the area's luxury real estate.
Photo Credit: Martha Turner Sotheby’s International Realty
How has the luxury real estate market in Houston been performing so far in 2020?
Luxury homes have been selling well. In particular, the new construction market has performed very well lately. While our market was affected by Hurricane Harvey, it seems to be recovering well. Luxury buyers are move-up buyers, and the market is strong for the homes that they are moving out of, too.
What are buyers looking for in their homes in Houston in 2020?
It depends on their price range. Mid-level buyers are choosing older homes that have been beautifully remodeled and are in a good school district. There is an in-between market of homes built in the 1990s–2000s that buyers also like to transform to a more current look. Buyers at a higher price point are attracted to new construction with a sleeker look and more modern finishes. The emphasis on having a large yard seems to have diminished somewhat – although some yard space is desired, with room for a pool along with an outdoor living space and outdoor kitchen for entertaining. Dining rooms with glass-walled wine rooms like you might see in a restaurant are a popular trend.
Which has been a highlight sale for you so far in 2020?
New construction in a close-in neighborhood within walking distance to shops and restaurants. The buyers moved from an older home on over 2 acres in a highly desirable school district to a close-in area where people utilize excellent private schools. It’s an amazing modern house with a room for a pool, a high-end outdoor living area, and, of course, a glass-enclosed wine room viewed from the dining room.
Are there any new restaurants or other spots in Houston you’ve been loving lately?
Houston has an ever-changing restaurant scene. Areas like City Centre are home to luxury hotels like Hotel Zaza, and the accompanying restaurants that go along with mixed retail and upscale housing development. People eat out a lot in Houston and we have a huge selection of every kind of food imaginable.
Photo Credit: Shutterstock
It’s time for spring break. What is a fun activity in Houston?
Houstonians head to the beach for Spring Break. Or to the ski slopes. A large number of people here have second homes in Galveston as well as in Colorado. With two four-star airports within a 30-minute drive, Houston has easy access to air travel. Both airports are rated in the Top 10 in the world, and according to Skytrax, “Houston remains the only city in the Western Hemisphere with two 4-star rated airports. The only other cities in the world with two 4-star rated airports are Tokyo and Seoul.”
