U.S. companies now hold 487 million barrels of oil, according to the U.S. Energy Information Administration’s monthly report. The figure is significant because it represents the highest stock for early November in at least 80 years, and has major

The investor-market dynamic has shifted since the boom and bust years. Returns are no longer astronomical and scooping up discounted foreclosures isn’t as easy as it once was, but the promise of profit has far from dried up, as

Houston’s exurbs, with their relatively low cost of living, are becoming hubs for new residents, according to a new report by Joel Kotkin in Forbes. Kotkin notes that last year, almost 80 percent of the Houston metro area’s new homebuyers

Last fall, the price of oil plummeted by 50 percent and Houston industry insiders claimed all was well. When energy companies started laying off thousands, many claimed Houston’s economy was strong and described the forthcoming effects on real estate

Mortgage markets have improved, but the inequities are still pronounced Black mortgage applicants in the Houston area are denied at a much higher rate than all applicants, according to new research from Zillow. In 2014, 17.3 percent of black mortgage applicants in Houston were

InterLinc Mortgage Services, LLC recently announced two new additions to the company’s leadership team: David Scheiderich joins InterLinc as executive vice president and chief financial officer; and Brennan Holland joins as executive vice president and general counsel. “David and Brennan’s extensive

In September, foreclosure inventory continued its rapid decline, falling 24.3 percent since the same time last year, a new CoreLogic report found. As a testament to the market’s recovery – and a more total economic recovery – since the

Click on the tabs below to see the top single-family, condo and multi-family closings in Greater Houston’s housing market in October. Single Family Condo Multi-Family Single Family Sales Price Property Agent Office $5,065,000 Inwood, 3660, Houston Tim Surratt Greenwood King Properties

A new study from Bloomberg Business has rated Houston as the ninth-richest city in the U.S. The gross metropolitan product per resident in Houston, according to Bloomberg, was $70,097.  Boston’s biotech industry has greatly impacted the cities GMP. Since 2008,

Houston schools were heavily represented in Newsweek’s recently released report “America’s Top High Schools 2015,” with 12 schools finding a place among the publication’s rankings. The schools were evaluated on a range of criteria, from graduation rate to the

Realty Associates has merged with Latter and Blum Inc., a real estate brokerage in Louisiana and the Gulf South. Now, Realty Associates has access to a network of 30 residential and commercial real estate brokerages that annually accumulates nearly 15,000

In September, single-family home prices, including distressed sales, jumped 6.4 percent year-over-year, according to CoreLogic. For more than a year, national home prices have followed a steady, upward trajectory toward long-term stability. CoreLogic Chief Economist Sam Khater described the last 15

Yesterday, Houston area residents went to the polls and voted to not elect a mayor, to continue as one of the only major metros in the state and country without a strong equal rights policy in the law books, and

Houston-The Woodlands-Sugar Land is the market with the largest homes in the West South Central region, with a median new home size of 3,026 sq. ft., according to data from the National Association of Home Builders combined with home closing

As 2015 draws to a close, how has residential construction activity in Houston compared with the previous year? Residential construction spending in Houston totaled $757 million in September, according to new Dodge Data & Analytics numbers. Although that is still among the

Houston was the seventh most-searched U.S. city for international buyers, according to realtor.com International. The countries that most frequently searched for Houston were the United Kingdom, Mexico, the Netherlands, Turkey, the United Arab Emirates and South Africa. The United