Houston Daily

The home at 8007 Lauren Way, Greatwood was sold on June 26 by Varsha Niaruvada and Varsha Reddy Tandra for $252,736.

The buyers were Shibu Cherian and Susan Mathew.

The property tax paid for this property in 2020 was $4,893. This is 1.9% of the assessed value of the home.

This property is one of 16 sales in Greatwood (Fort Bend County) from May 26 to June 26.

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.