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Real estate news in Atlanta

CoreLogic: Houston Cash Levels Remain Low Despite Season

The number of all cash transactions peaked in Jan. 2011, accounting for over 46 percent of total home sales. In September of this year, cash sales represented a much smaller portion of total sales with a 32.5 percent share,

HRC Evaluates Houston and Texas on LGBT Inclusion

Inclusion and acceptance for the LGBT community is on the rise, according to the Human Rights Campaign, which recently released its 2015 Municipal Equality Index. Rated on a 100-point scale, the LGBT rights group’s annual index assigns numerical grades

Houston Gets a New Construction Outlook for 2016

Speculation on the future of Houston’s construction market spans the spectrum, from unbridled optimism to doomsday nihilism. The reality will likely fall somewhere in the middle of that range, according to a 2016 construction market outlook from Atlanta-based CMD Group,

How the Construction Sector will Help Lead Job Growth Over Next Decade

New projections from the country’s Bureau of Labor Statistics forecast big job gains for the construction sector over the next decade and emphasize the growing importance of environmentally conscious building. Over the 10-year period beginning in 2014 and ending

CoreLogic: Houston Homeowners Have Most Equity in Q3

Year-over-year gains in national equity were in the double digits at the end of this year’s third quarter, as a healing economy helped keep home price appreciation positive and consistent, according to a new report from CoreLogic. On Sept.

GHP Predicts Job Growth in 2016, Despite Low Oil Prices

On Monday, Dec. 7, the Greater Houston Partnership forecasted that the Houston metro area will create 21,900 net new jobs in 2016, even though low oil prices will be a drag on the regional economy. “If you want one

The Oil Effect: What Makes Houston Different From Texas

States that rely heavily on oil and gas production are losing billions in tax revenues as the low price of oil continues to prompt companies to cut budgets, shrink workforces and, in some cases, file bankruptcy. Because of its

Luxury Townhomes Set to Come to Museum District

Manzel Contemporary Homes is building 29 townhomes in a new community called Museum’s Gate, which will be located on Portland Street, near Main Street and just behind The Museum Tower. “There is a sense of serenity and privacy to

Greater Houston’s Top Closings in November 2015

Click on the tabs below to see the top single-family, condo and multifamily closings in Greater Houston’s housing market in October. Single Family Condo Multifamily Single Family Sales Price Property Agent Office $3,500,000 Arrowwood Ci, 11682, Houston Joel Rankin J.D. Rankin

Pearland Sees Rise in Homebuilding Permits

The city of Pearland, about 12 miles south of the Texas Medical Center, reported a 52 percent spike in single-family homebuilding permits to 1,457 for fiscal year 2015, which ended Sept. 30. Residential permits in Pearland totaled $328.4 million

Bluejack National Homes Are Selling Rapidly

Homes are selling rapidly at Bluejack National, Tiger Woods’ new luxury golf resort. Although the development has yet to open, 43 houses have already been pre-sold. The new residential community will also include an exclusive championship golf course designed by Woods.

The Hanover Company to Buy Land in Galleria Area

The Hanover Co. is under contract to buy land in the Galleria area. The Houston-based multi-family developer plans to purchase a parcel of land just south of its Hanover Post Oak luxury apartment tower off South Post Oak Lane. The deal is expected

HAR: Prices Slip With Oil in November

Houston’s real estate market has been in a tenuous state since the price of crude plummeted in late 2014, but in November a real crack finally surfaced, as home prices fell for the first time since Feb. 2012. According to

Realtor.com: Houston will be a Top Millennial Market in 2016

Houston will be the No. 8 housing market for Millennial homebuyers in 2016, according to a new analysis by realtor.com. With 26 Fortune 500 companies in the city, realtor.com cited the Bayou City’s strong economy and career opportunities for new college

CoreLogic: Texas Foreclosures Drop as New Year Approaches

October was another month of declining foreclosures, both nationwide and in most major metropolitan areas, a CoreLogic report confirmed this week. Dropping by just over 21 percent year-over-year, the nation’s foreclosure inventory reached a 1.2 percent share this past October,

Houston Ranked 15th Best College Town in U.S.

Houston provides strong opportunities at a fair cost Houston is the fifteenth best college town in the nation, according to a study released by WalletHub. The study looked not just at colleges themselves, but also the surrounding city and their

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