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5 Great Signs for October Home Sales in Houston

Houston posted another great month of sales activity in October, with a number of positive factors contributing to the outcome. Houston home sales were positive for the 29th straight month in October, posting a 13.5 percent year-over-year increase, according

Co-founder Of Local Firm Honored By City

Mayor Parker and Houston City Council recently acknowledged the commendable work of a local property manager. Alan Schnur, co-founder of Houston-based Hot Ocean Properties, a residential property management firm that oversees more than 2000 units and 400 homes between

North Line Rail Extension Could Boost An Already Tight Market

Houston residents will soon have a way of traveling between the city and its north suburbs without the use of a car. In December, the North Line rail extension is expected to carry its first riders through Houston’s north

5 Important Traits of Home Sellers in 2013

Home sellers have been tiptoeing back into the housing market throughout 2013, and we’ve collected the most important traits of those sellers. We’ve been covering the National Association of Realtors’ Home Buyer and Seller Generational Trends report pretty extensively

Katy: 4th Highest in Apartment Construction

Katy has broken new ground as the 4th highest site for construction in the Greater Houston Area, according to a recent article by Your Houston News. Houston’s population is making a westward push toward the Energy Corridor for sources

Firethorne Adds Ravenna Homes to Builder Team

A brand new homebuilder in town is putting down its initial stakes in Firethorne, a 1,400-acre master-planned residential community in Katy/Fulshear.  Houston-based Ravenna Homes is launching into the builder team of  the top-performing master-planned community this month.   “We’ve

2013: What’s Hot, What’s Not

By Stephanie Sims Like many in the industry, since it’s the end of 2012, industry professionals are making predictions for this year, and Jed Kolko, chief economist at Trulia, is one of those people, giving his predictions in a

Top 5 Daily Stats of 2012

If you receive our Agent Update newsletter (and you should be signed up to get it every Monday – it’s chock full of useful information about Houston’s market!), you know we feature a Daily Stat. These statistics are the

Top 6 Negotiating Tips

Are you negotiating as effectively as you can be? Are you doing anything to sabotage negotiations? Read our top six tips and find

3 Top Real Estate Apps For the iPad

Ah, the iPad…Truly one of the most amazing, innovative pieces of technology that I have ever owned; but it wasn’t until I received my real estate license that I realized its true

FHFA Delays Principle Reduction Decision

After tacitly supporting the policy and hinting at a definitive approach, the FHFA has delayed its decision on principal reductions. Facing mounting support for the policy, Acting Director Ed DeMarco reversed himself somewhat in early April when he came

Vacancy Rates Fall for Rentals and Homes

Rental vacancies and the homeownership vacancy rate both fell in 2012’s first quarter, according to new data from the Census Bureau. For rentals, vacancies have been on a steady decline since 2010, when the rate was 10.6 percent in

Glass Half Full for Houston Housing Market

  A new survey by Prudential Real Estate says that American optimism  for homeownership has significantly risen over the past year. According to the national survey, 60 percent of Americans have a positive outlook on homeownership, which is up

U.S. Mortgage Bond Program Wraps; Gains $25 Billion

The U.S. Treasury Department says it has sold off the final portion of $225 billion in mortgage-backed securities it purchased during the height of the financial crisis, and in addition, the sales of securities issued, primarily by troubled mortgage

Psychoanalysis in the New Home Market

Real estate is an industry of hyper-local interests, and few sectors of the market better demonstrate that than construction. Though some builders are growing, and raising prices as a result, others are still pursuing incentives, such as price cuts,

How To Take Advantage Of The Foreclosure Settlement

Starting today, the $25 billion Robo-Signing (or Foreclosure) settlement will begin to go into effect. The settlement, put together between the US government and five major banks (Ally Financial Inc/GMAC Mortgage, Bank of America, Citigroup, JP Morgan Chase and

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