Houston Daily

The home at 7514 Guinevere Drive, Greatwood was sold on June 2 by Martin C. and Paula T. Rieger for $271,554.

The buyers were Paula T Rieger and Trahan Rieger Family Trust.

The property tax paid for this property in 2020 was $5,662. This is 2.1% of the assessed value of the home.

This property is one of 15 sales in Greatwood (Fort Bend County) from May 2 to June 2.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.