Local News

Real estate news in Atlanta

Houston New Construction Posting Modest Gains in 2015

This year is shaping up to be a positive one for new construction in Houston. Residential construction spending in the Houston area was up 10 percent year-over-year in July, but so far in 2015 is only 3 percent ahead of where it was

Presales Begin in Sienna Plantation’s Rosewood Neighborhood

Fort Bend County’s Sienna Plantation is a massive, 10,000-acre master-planned community featuring an array of amenities, on-site schools and homes designs from several well-known homebuilders, and today, presales started for the first patio homes in the community’s Village of

Three New Schools Open in Tomball

In 2010, Tomball’s population within a three-mile radius was just above 18,818, according to the city’s website. By 2017, officials expect that number to move somewhere closer to 20,200 – assuming the annual rate of growth remains close to

Houston Home Sales at 8-Year High

New research reveals 2015 has been a banner year for Houston real estate Home sales in the Houston housing market hit an eight-year high in the first half of 2015, according to the July 2015 U.S. Home Sales Report from RealtyTrac. From

Taylor Morrison Expands Active Adult Community in Houston

Taylor Morrison, a prominent national homebuilder and developer, is planning on expanding its active adult presence in the Houston area with another Bonterra active lifestyle community at Cross Creek Ranch in Fulshear. The new community will offer many of the same

Oil Hits 6-Year Low, Houston Developers Hold Their Breath

On Aug. 24, after China sharply devalued its currency, U.S. oil benchmark West Texas Intermediate crude fell to $38.24 per barrel – its lowest point in six years. WTI inched its way back in the days following, but remains

Mondrian Condo to Replace Museum

Oxberry Group is planning to build a condominium in former place of The John C. Freeman Weather Museum. The museum relocated in 2o14. The condo will be called the Mondrain and is expected to be eight stories high and have 20

Texas Home Prices Remain Strong in Case-Shiller Indices

Home prices continue to rise nationally, but what about the local housing market? Home prices in the Dallas metro area rose 0.9 percent from May to June and 8.2 percent from June 2014, according to the new Case-Shiller Home Price Indices from Standard

$700 Million-Plus in School Construction Projects on November’s Ballot

Come November 4, residents from two Houston suburbs will decide whether to provide the funding necessary to move forward with a handful of major school construction projects. Last week, two bond proposals were approved by the boards of trustees representing

CoreLogic: Houston’s Cash Sales Share Falls Below 30 percent

National cash sales continued their descent in May, a new report released today from CoreLogic showed. For 29 months, all-cash buyers have been leaving the market, as marked by continual year-over-year decreases in market share. In May, cash sales

Sims Luxury Builders Capitalizes on Condo Sales Surge

The building situation is approaching dire for the lower end of Houston’s market, but as with several markets around the country, luxury sales are up, which means more higher end building. According to the Houston Association of Realtors, in

Houston Sales Volume Hits Highest Point Ever

In 2014, Houston homes prices and sales set records as the market continued showing signs of strength despite concerns regarding oil prices. In July, and for the second consecutive month, sales and prices surpassed that record-breaking pace, according to

CoreLogic: Houston Sets National Foreclosure Standard

Today, CoreLogic released its June 2015 National Foreclosure Report, and the big reveal was foreclosures are still dropping – so not much of a surprise. For another month, national foreclosures fell, with inventory dropping 28.9 percent year-over-year from a

10 Houston Area School Districts with the Highest Graduation Rates

The Hechinger Report recently released the graduation rates for nearly every school district in the U.S. The data, which draws from the 2013 graduating class, broke down the numbers past the typical statewide average. We took a closer look

CoreLogic: Houston’s Distressed Sales Fall Below National Levels

CoreLogic’s May distressed sales report shows lowest levels since 2007 CoreLogic recently released a new report detailing the state of the distressed sales market in the U.S. for May, and for another month, both real-estate owned (REO) and short

Why Houston Renters are Not Buying Homes

Rising rents, new research shows, are not an incentive to buy a house Renters in the Houston metro area are spending substantially more money on their monthly rent than is historically the case. That was the finding of a new

Oops! We could not locate your form.