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    REAL BIG NEWS

    Houston booms as No. 1 city in U.S. for new home construction in 2023

    Amber Heckler
    Jun 14, 2023 | 6:00 am
    Home construction

    Three major Texas metro areas have the highest new home construction rates in the nation, with Houston right at the top.

    Photo by Josh Olalde on Unsplash

    While Houston already holds the crown for the most active real estate market over the last decade, the city has now earned the title for the highest new home construction rate in 2023, according to a recent analysis by Chamber of Commerce.

    The booming housing construction is just one way Houston is trying to keep up with it's remarkable population growth.

    The June edition of the "Cities with the Most New Homes" analysis discovered that despite new home permits being down over 20 percent year-over-year from 2022, Houston's housing market is still on the rise.

    "Numerous factors such as limited inventory in the existing home market, high mortgage rates, and supply chain issues have created a bottleneck for new home construction," the report's authors said. "It remains to be seen whether new home construction will catch up with the current demand, but it’s clear that some cities are experiencing a building boom when it comes to new homes."

    Over 23,000 new home construction permits were issued for the city thus far, consisting of both single- and multi-family residential homes. H-Town also ranks at the top with just under 15,400 single-family home permits issued this year.

    In the ranking of multi-unit residential homes, only 7,671 permits have been issued in the same time frame, knocking Houston down to No. 3. New York City (No. 1) and Dallas-Fort Worth (No. 2) had higher multi-family construction permits issued, at 10,155 and 7,887 each, respectively.

    On average, 5,766 Houston home permits are being issued every month in 2023, which is also the highest rate in the nation. In layman's terms, our real estate market is definitely pretty hot.

    The top 10 metro areas that have the highest new home construction in 2023 are:

    • No.1 – Houston
    • No. 2 – Dallas-Fort Worth
    • No. 3 – New York City
    • No. 4 – Phoenix
    • No. 5 – Atlanta
    • No. 6 – Charlotte, North Carolina
    • No. 7 – Austin
    • No. 8 – Orlando
    • No. 9 – Nashville
    • No. 10 – Los Angeles
    The study analyzed data from the U.S. Census Bureau and the Department of Housing and Urban Development to determine the total number of new home construction permits issued in 2023 throughout 225 metro areas in the country.
    The full report and its methodology can be found on chamberofcommerce.org.
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    Royal Flip

    Chip and Joanna Gaines finally sell $2.7M Fixer Upper castle in Waco

    John Egan
    Sep 24, 2026 | 5:00 pm
    Fixer Upper castle Waco
    Photo courtesy of Magnolia
    The Gaineses listed the 6,176-square-foot Waco castle at nearly $2.7 million.

    Texas' king and queen of home renovations, Chip and Joanna Gaines, are done lording over their 136-year-old castle in Waco. The stars of TV’s Fixer Upper have found a buyer for Cottonland Castle, Mansion Global reported. The sale is pending.

    The Gaineses listed the 6,176-square-foot castle, in Waco's historic and affluent Castle Heights neighborhood, at nearly $2.7 million. They bought the property in 2019, when it carried a $425,000 price tag.

    The castle, with a sandstone and limestone facade, is modeled after a German castle along the Rhine River.

    Chip and Joanna Gaines, Fixer Upper Chip and Joanna Gaines are preparing to hand over the keys to their castle. Facebook Magnolia Network

    The duo spent several years restoring the castle to revive its original character. That work became the foundation for their six-part 2022 series Fixer Upper: Welcome Home – The Castle. They opened it to the public for guided tours and introduced Magnolia brand tie-ins, like a “Colors of the Castle” paint collection.

    “People love things that are nostalgic. They love things that are antique-looking, and I want this place to feel like it did in 1915,” Joanna said during an episode of Fixer Upper. “Whether you walked into the space in 1915 or today, it has that same feeling of history and love and beauty and castle-ship.”

    A year after the series aired, the castle failed to sell at auction, according to Mansion Global. It went on the market in June. Amanda Nesbitt of Magnolia Realty, the real estate brokerage founded by the Gaineses, has the listing.

    The three-story castle offers “a seamless blend of historic grandeur and modern functionality,” according to the listing.

    That grandeur includes millwork, antique tile floors, diamond-paned windows and seven ornate fireplaces. The four-bedroom property features three-and-a-half bathrooms, a formal dining room, a great room, a card room, a library and a conservatory.

    All furnishings, accessories and decor “have been thoughtfully curated to complement the home’s design,” the listing says, and are included in the sale.

    The castle has a rocky modern history.

    Jack Schwan bought the property in 1969 for $50,000, according to the Waco Welcome Center.

    Over the years, the Schwan family made many repairs and renovations. The family tried to sell the castle in 1982; they thought it was worth close to $1.25 million following the overhaul. In 1991, the property sold only after a drastic price cut.

    “Over the next two decades, the home passed through various owners’ hands and fell into disrepair. Many owners found the castle too large and in need of too much maintenance to be a financially feasible home,” according to the Waco Welcome Center.

    The castle sold again in 2014, and a group led by Oxford scholar Dirk Obbink tackled renovation work. The Gaineses bought it five years later, after it had been neglected and abandoned.

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