Houston Daily

The home at 2025 Silverwater Court, Richmond was sold on July 3 by Hamid and Kathleen Saka for $227,750.

The buyers were Mark Saka, Donna Strom and Jacqueline Sipos.

The property tax paid for this property in 2020 was $4,107. This is 1.8% of the assessed value of the home.

This property is one of 68 sales in Richmond (Fort Bend County) from June 3 to July 3.

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.