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    Qué bella

    New Heights luxury condominiums elevate living on bustling and buzzy Yale Street

    Steven Devadanam
    Nov 29, 2023 | 8:15 pm
    Bella Heights condominiums

    Bella Heights will offer 28 homes on the bustling Yale Street.

    Rendering courtesy of Nan Properties Developer Services

    A new development in a bustling area in the Heights promises to elevate living for first-time buyers and those looking for a lock-and-leave lifestyle. Bella Heights, a new luxury condominium complex, will offer 28 homes at 829 Yale Street.

    Developed and spearheaded by local real estate firm Nan and Company Properties, the new development features one-, two- and three-bedrooms homes for sale starting in early 2024, per press materials. Those familiar with the area will recognize the lot as a currently abandoned property; the parcel was acquired in January 2023 from Steadfast Funding.

    Targeting those looking to live off of the dense Yale Street, which teems with bars, restaurants, and retail, Bella Heights will offer buyers newly constructed homes — including four, two-level penthouses — with expansive terraces and views. Amenities and features include a welcome lobby with attendant, social room, fitness center, grilling terrace with hot tub and sunning lounge, a guest suite, and a pet walk for furry family members.

    Another perk: controlled access parking, which will relieve the strain of parking in the Heights — always an adventure.

    “We have been working with the design team for Bella Heights to develop a superior lifestyle option for individuals seeking a condominium ownership opportunity,” said Betty M. Harbourt, executive vice president of Nan Properties Developer Services, in a statement.

    “With permits in place, construction is underway with homes and an on-site sales center planned to be unveiled early next year. I expect there to be quite a waiting list of buyers who are anxious to become a part of such a special opportunity.”

    This new development is the latest project by Nan Properties Developer Services, a new division of Nan and Company Properties. The move, per Nan and Company, is meant to help developers oversee sales and marketing of their developments, and positions each project as an independent brand — each leveraged by Nan Properties and the brokerage's top-flight Christie’s International Real Estate affiliation.

    “I am elated that Nan Properties Developer Services was awarded this project, said Nancy Almodovar, CEO of Nan and Company Properties,” in a statement. “The Heights is one of Houston’s most thriving neighborhoods, our firm just opened our new ground-up flagship office in The Heights and is only a block away. I look forward to seeing the energy that the residents will add to Yale Street and the neighborhood.”

    If Nan and Company Properties rings familiar, real estate watchers will recognize the company as the listing reps of Whitehall Ranch, the sprawling, ultra-luxury, 656-acre ranch just an hour away from Houston. As CultureMap recently reported, the regal ranch is currently on the market for $42 million.

    Interested buyers can register for updates on Bella Heights here.










    Nan and Company Properties, the number one digitally driven leading real estate company based in Houston, has announced the exclusive sales and marketing of Bella Heights located at 829 Yale Street. Acquired in January 2023 from Steadfast Funding, Dallas-based Bella Houston Heights has assembled a team of experts to bring new life to the previously abandoned site. A rare and unique offering to the neighborhood, Bella Heights will offer residents newly constructed homes in the heart of the highly desired Heights. There will be one-, two- and three-bedrooms homes available including four two level penthouses with expansive terraces and views.

    Executive Vice President of Nan Properties Developer Services, Betty M. Harbourt adds, “We have been working with the design team for Bella Heights to develop a superior lifestyle option for individuals seeking a condominium ownership opportunity. With permits in place, construction is underway with homes and an on-site sales center planned to be unveiled early next year. I expect there to be quite a waiting list of buyers who are anxious to become a part of such a special opportunity.”

    The condominium homes offer highly designed floorplans with contemporary finishes. Amenities will include a fitness center, guest suite, a social room with an expansive grilling terrace and sun area, a lobby, a front desk attendance, a mail room with package and refrigeration storage for food deliveries, as well as controlled access parking.

    Nancy Almodovar, President and CEO of Nan and Company Properties said, “I am elated that Nan Properties Developer Services was awarded this project. The Heights is one of Houston’s most thriving neighborhoods, our firm just opened our new ground-up flagship office in The Heights and is only a block away. I look forward to seeing the energy that the residents will add to Yale Street and the neighborhood.”

    Nan Properties Developer Services provides developers a comprehensive and a strategic approach to overseeing the sales and marketing of their development by providing dedicated sales expertise and the buyers of such a project. It positions each development directly to the consumer as an independent brand and its product offering is leveraged by Nan Properties and the brokerage's Christie’s International Real Estate affiliation.

    The Developer Services division of Nan Properties prides itself on being a strategic partner working closely as a team from conception to completion providing developers with highly effective services, including concept development, building design, programming, and sales and marketing.

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    THE AMERICAN DREAM

    How long it takes to save for a home down payment in Houston

    Brandon Watson
    Dec 30, 2025 | 12:30 pm
    Home for sale sold sign
    iStock
    Houstonians don't have to save long to afford a down payment.

    Saving for a down payment remains one of the biggest barriers to homeownership nationwide, but a new report from Realtor.com shows San Antonio area buyers face a far shorter wait than most Americans.

    According to the real estate site’s 2025 analysis, the typical U.S. household needs seven years to save for a standard down payment, a notable improvement from the 12-year peak in 2022. Still, the timeline remains roughly double the pre-pandemic norm, reflecting higher home prices, larger down payments, and lower household savings rates.

    Houston, however, stood out as one of the most accessible major metros in the nation. The Houston-Pasadena-The Woodlands metro boasted one of the shortest time sto save for a down payment among the nation’s 50 largest markets, with households needing just 3.5 years to reach a typical down payment, according to the study.

    The report found that Houston’s median down payment from January through November was $14,927. A median household income of $83,452 was estimated to produce an annual savings of $4,228. Notably, San Antonio, the only other Texas city included in the report, had the shortest time to save for a down payment at just 1.3 years.

    Nationally, the time needed to save has shortened as home price growth cooled and affordability modestly improved. Still, saving for a down payment takes significantly longer than it did before the pandemic.

    “Higher home prices and intensified competition have pushed typical down payments higher, at the same time that inflation and rising household expenses have reduced savings rates,” said Danielle Hale, chief economist at Realtor.com, in a release. “Although conditions have improved since 2022, today’s timeline shows that saving for a home takes meaningfully longer than it did before the pandemic, especially in high-cost markets.”

    Lower savings rates have played a key role. The U.S. personal savings rate has averaged 5.1 percent of income so far in 2025, down from the pre-pandemic norm of 6.5 percent, limiting how quickly households can build funds for upfront housing costs. Meanwhile, the typical down payment has more than doubled over the past six years — rising from about $13,900 in the third quarter of 2019 to $30,400 in the third quarter of 2025.

    In high-cost coastal metros, the impact is far more severe. Saving for a down payment can take 20 to more than 35 years in California cities like San Francisco, San Jose, Los Angeles, and San Diego, effectively sidelining many first-time and moderate-income buyers.

    “In high-cost markets, the typical down payment alone exceeds a full year of household income,” said Hannah Jones, Realtor.com senior economic research analyst. “That reality makes homeownership feel unattainable for many buyers, particularly younger households trying to enter the market for the first time.”

    Despite those challenges, the report notes that roughly three-quarters of Americans still consider homeownership part of the American dream. Realtor.com says easing rents could help first-time buyers save more, while repeat buyers may use accumulated savings to reduce loan balances and manage higher monthly payments.

    “Saving consistently, even in small amounts, is a meaningful first step toward homeownership,” Jones said. “In today’s market, building that financial cushion can make a real difference when buyers are ready to act.”

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