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    Real Estate Round-up

    Just like old granddad: With apartments in his DNA, Jonathan Farb takes onMidtown

    Ralph Bivins
    Jul 5, 2010 | 6:27 am
    • Jonathan Farb has been going to construction sites since he was a little boy. Hehas the apartment business in his DNA.
      Photo by Ralph Bivins
    • Harold Farb started it, and it's still very much a family business today.
      Photo by Ralph Bivins

    Harold Farb was the most famous apartment developer in Houston — and one of the most successful. At one time, Farb’s empire included 30,000 apartment units.

    Harold was also one of the stars of Houston’s social scene. He dated Hollywood actresses and was an accomplished singer who cut several records. But underneath all of the fun and fluff, no one doubted that Harold Farb had a genius when it came to the apartment business.

    Farb is gone now. He died in 2006 at the age of 83. But his grandson, Jonathan Farb, is making his mark in the family business in his own right.

    After being mentored by the best, Jonathan is tackling his first large scale apartment project. It’s a 185-unit multi-family project under construction in Midtown, just south of downtown, near the corner of McGowen and Bagby.

    Jonathan, 37, a graduate of Bellaire High School and the University of Texas, went to work for his grandfather after picking up his business degree in Austin.

    “I worked for him right out of school for two years,” Jonathan says. “We spent the entire day together, driving around to the different properties. So I really had a lot of exposure to the management side and operations. By spending eight hours a day driving around, I had a lot of exposure, talking about development, looking at plans and learning from his experiences.”

    But the mentoring really began long before high school. As a boy, Jonathan would be taken to apartment construction sites, where he learned by osmosis.

    “I’ve been exposed to the apartment business my entire life, since I was a little kid,” Jonathan says. “I guess you could say it is in my DNA."

    In the late 1990s, Jonathan went out on his own and started developing townhomes along Washington Avenue, upper Montrose and the Rice Military area. Farb Homes, where his father, James oversees construction management, has developed 175 townhomes.

    For his first major apartment project, Jonathan secured Wallace Garcia Architects and Davis Brothers General Contractors – two of the top-rung names in the apartment business. The project, called City Place, will open in November with rents ranging from $1,100 to $2,100 a month, says Jonathan, president of Farb Apartment Homes.

    The Logo is Back

    Jonathan is dusting off a familiar Houston icon from the family heirlooms. It’s the familiar logo that had been used by his grandfather’s firm, Harold Farb Investments.

    The logo depicts the silhouette of a suited businessman holding a rolled up set of architectural plans. It was on the signs outside all of Harold’s apartment complexes — a well-known symbol to Houston apartment dwellers.

    Years ago, Harold Farb joked with me that the rolled up plans in the logo were actually a bludgeon that he could use to bonk somebody. Harold was a soft-spoken man, although he was outgoing, and definitely not prone to violence, so it made for a good joke.

    “This is just one way I’m paying homage to my grandfather. The ‘Man with a Plan’ logo was an icon in Houston and I’m excited to bring it back,” Jonathan says.

    City Place will also be loaded on amenities, such as an on-site kiosk delivering organic, healthy meals; a dog-walking service and complimentary Starbucks coffee. The project will also have a salt-water swimming pool with landscaping designed by D-Crain, which designed the landscape for the San Jose Hotel in Austin.

    A new study by UMoveFree apartment finding service shows what are the hot buttons among today’s renters. The most popular amenity among Houston renters is a dishwasher. Access gates are the second most popular amenity followed by microwaves, pools and walk-in closets.

    Making apartments good places to live is all part of the keeping the units rented and the customers happy. Harold Farb understood that lesson well and it looks like his grandson is catching on, too.

    Ralph Bivins, former president of the National Association of Real Estate Editors, is editor-in-chief of RealtyNewsReport.com.

    unspecified
    news/real-estate

    spring homebuying season

    The best time to sell a house in Houston is coming in April, experts say

    Amber Heckler
    Mar 31, 2026 | 12:00 pm
    House for sale sign
    iStock
    The best window for Houstonians to sell their home is coming up on April 12.

    Houstonans that are considering selling their home have the perfect opportunity coming up in April, according to a new housing report from Realtor.com.

    The real estate experts said the week of April 12-18 will offer sellers the best combination of strong and stable housing prices, buyer interest, and a competitive market.

    Based on historical market data, homes listings in the Houston-Pasadena-The Woodlands metro are expected to receive 17.5 percent more views during the week of April 12 compared to the average week, and homes may spend seven fewer days on the market compared to the average. This surge in demand will also affect housing prices in the area. Homes put on the market during this window are expected to list for $19,000 higher than what they were listed at the start of the year, or 5.4 percent more.

    "After years of being squeezed by limited inventory and high rates, the 2026 housing market is starting to feel more approachable for those who have been sidelined," said Realtor.com chief economist Danielle Hale.

    In general, experts predict homebuyers will start "re-engaging" with the housing market now that mortgage rates stabilized in late 2025. National commercial banker U.S. Bank said the current 30-year fixed mortgage rate is roughly 6.38 percent.

    "For sellers, the mid-April window represents an opportunity to enter a market that feels more within reach for buyers while benefiting from a seasonal advantage in terms of pricing and competition," Hale said.

    Residential homes in the Houston area had a median price of $322,078 in February, the Houston Association of Realtors said in its latest report, and prices are down 0.9 percent year-over-year.

    Two more Texas metros – Austin and Dallas-Fort Worth – are expected to follow Houston with the same April 12 window as the best time for residents to sell their homes. In San Antonio, the best time for owners to sell their homes will begin on April 19.

    Senior economic research analyst Hannah Jones warned some home sellers in Southern metros might "face softer conditions" due to an abundance of inventory.

    "In those metros, optimizing timing to this early spring window is even more critical to differentiate a property from the growing competition," she said.

    real estatehousing reporthousing marketrealtor.com
    news/real-estate
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