Local News

Real estate news in Atlanta

Nearly Half of Houston Renters Cost Burdened

For nearly a decade, the nation’s homeownership rate has been in decline. Since 2004, when homeownership peaked at 69 percent, the rate has fallen nearly 6 percentage points down to 63.7 percent in the first quarter of 2015, according

Houston’s Condos Appreciating Faster Than Single Family

After years of battling against the popularity of single-family homes, the demand for condos is gaining around many of the nation’s hottest metros, a new report from Zillow showed. Year-over-year, the nation’s condo prices have risen at a rate of

CoreLogic: Texas’ Biggest Metro Sheds Cash Buyers

Cash sales dropped ever closer to the pre-crisis norm of 25 percent in July, falling from 34.2 percent 12 months earlier to 30.8 percent, according to a new report from CoreLogic. With traditional financing becoming a more realistic option

Case-Shiller: Texas Home Prices Rising Strongly

Home prices in Texas continue to rise in 2015 Home prices in the Lone Star state continue to rise in 2015, with prices in the Dallas metro area rising 0.8 percent monthly and 8.9 percent year-over-year in August, according to the

Multiple Projects are Underway for Newland Communities

Newland Communities is proud to announce that its new development, Elyson, is set to start building in the first quarter of 2016. The development plans to build 800 homes including: traditional, patio styles, town homes, twin villas and multifamily projects. Prices range from $250,000

Top Realtor Team Launches New Firm

Top Houston Realtor team David Young and Carol Peyton Young has left Coldwell Banker United Realtors and launched David Young & Co. The husband-and-wife duo have a combined 55 years of experience in residential real estate. After eight years with Coldwell,

Alvin ISD Asks Residents for $1 Billion

In November, the residents of Alvin will go to the polls to decide whether to fund a bond package that would in turn fund a number of construction projects for the local independent school district. If it passes, the

Builder Confidence Hits Highest Level in 10 Years

Builders are now more confident than at anytime since the housing boom Builder confidence in the market for newly constructed single-family homes rose three points in October to a level of 64 on the National Association of Home Builders/Wells

Houston Real Estate Professionals Are Earning More

The Business Journals, analyzing the latest Census Bureau data, has compiled a list of the most profitable U.S. cities for a wide range of professions, including loan officers and real estate agents. In Houston, 2014 salaries for loan officers

Taylor Morrison Debuts Model Homes in New Communities

This fall, Taylor Morrison will debut five new model homes in three Houston-area communities including The Groves, Alder Trails and Woodson’s Reserve.  “We’re excited to open these three new communities, as well as the five model homes that showcase the

Houston Builder Regrets Not Entering Market Sooner

Houston has one of the most active construction industries in the nation. The market is led by top builders like Perry Homes, Taylor Morrison and Lennar Corp, but as demand remains constant amid climbing prices and persistently low inventory,

HAR: Houston Returns to Form in September

Coming off a relatively lackluster August, Houston returned to 2014, record-setting form, as both prices and sales experienced positive growth, according to a report from the Houston Association of Realtors. Total property sales jumped 2.2 percent year-over-year, from 7,848

Houston is the Fourth Buggiest City in the U.S.

Houston ranked no. 4 in Thumbtacks‘ survey of U.S cities that have the highest pest control problems. For the survey, Thumbtacks studied the 159 largest cities in the U.S., looking at such things as the need for pest control, bed bug

Houston Ranked a Top City for Job Seekers

Millennials looking for a new city should consider Houston. Why? Because it’s a good spot to make money, according to reports from marketing software company HubSpot and WalletHub. According to a forecast from the National Association of Colleges and

CoreLogic: Does Houston Have a Foreclosure Problem? No.

Recovery continues as foreclosure levels dropped yet again in August. National foreclosure inventory fell 25.2 percent year-over-year and completed foreclosures dropped 20.1 percent, according to a new report from CoreLogic. The latest decline in foreclosures is only the latest step

Houston Loses Throne As No. 1 Market

The Urban Land Institute released its 2016 Emerging Trends in Real Estate report and survey recently – the 36th edition of the institute’s trends and forecast report – providing analysis of the nation’s top real estate markets, and subsequently

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