Edition 01 · Week of October 12, 2026 The O’Neal Insider Houston Living. Real Estate. What’s Next. |  | This week Generation Park goes big, rates top 7%, and a fall weekend worth planningTwo drugmakers are building next door to Kingwood, mortgage rates hit their highest point since 2023, and builders are answering with rates in the 4s. Here is what it all means for you. | The Big 5 What everyone is talking about | Houston real estate in 60 seconds Median sale price $330,000 Down 1.5% | Closed sales 7,100 Down 11.5% | Months of inventory 5.3 No change | Days on market 54 Up from 52 |
HAR, August 2026. 30-year fixed rate: 7.40% (Freddie Mac, Oct. 8, 2026). Full market report | Weekend planner Your next two weekendsTexas Renaissance Festival · Sat & Sun, Oct. 17-18 and Oct. 24-25 21778 FM 1774, Todd Mission · $15.25 to $39.80 plus tax, by date Kingwood Oktoberfest · Sat, Oct. 17 1901 Woodland Hills Dr., Kingwood · $10 adults, $5 ages 3-12, under 3 free Good Oil Days Festival · Sat, Oct. 17 Uptown Park, 310 E. Main St., Humble · Free Houston Symphony: Hocus Pocus Pops · Fri, Oct. 23 Cynthia Woods Mitchell Pavilion, The Woodlands · Free, no tickets needed See all events | Builder deal spotlight Chesmar Homes: 30-year fixed from 4.999%Contract Oct. 1 to Oct. 18, 2026. Close by Dec. 31, 2026. Financing through HomeAmerican Mortgage. Minimum credit score 680 for FHA and VA, 780 for conventional. Owner-occupied only. Loan amount capped at $832,750. Limited funds, first come, first served. See every verified builder deal and disclosures | Keeping it real with O’Neal Rates just touched 7.40%. Builders are answering with rates in the 4s and low 5s through their own lenders, and Houston has 5.3 months of inventory, a balanced market. Homes priced right are selling. Homes priced off last spring are sitting. And more than 1,100 permanent jobs are coming to Generation Park. That is a big deal for Lake Houston. Call or text me anytime at 832-797-3780. Michael O’Neal | | Michael O’Neal, Broker · REALTOR® · The Michael O’Neal Group · Keller Williams Realty Northeast 20665 W. Lake Houston Pkwy, Kingwood, TX 77346 · 832-797-3780 You are receiving this because you subscribed to The O’Neal Insider. Unsubscribe · Manage preferences. Each Keller Williams office is independently owned and operated. Equal Housing Opportunity. |
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