Local News
Real estate news in Atlanta
Indiana-based multifamily developer The Garrett Cos. recently acquired a large piece of land in the Lake Houston area. The 17.7 acres will be used for a new luxury apartment project. The undeveloped land is about six miles north of
Progress has been made on negative equity front, but troubling trends persist In the Houston housing market, only 6.5 percent of mortgage holders remain underwater, but a majority of those holders will not reach positive equity for some time. That was the sobering
According to NAI Partners of Houston, the downsizing in the energy industry has caused the available sublease space in the Houston office market to rise 61 percent in only one year. The sublease space is concentrated primarily in West
The first commercial development in Bridgeland, a master planned community in Cyprus, has broken ground. Located along Fry Road, Lakeland Village Center will include 84,000 square feet of mixed-use developments, such as retail, restaurants, and professional and medical offices.
In a housing market pitted against the youngest generation, Houston remains affordable for Millennials. Although skyrocketing housing costs and limited space have kept Millennials from buying housing in popular metropolitan areas, Huston housing is still in the range of
Data labels Houston both overvalued and affordable. Which is it? In a dual series of reports released recently by Forbes, Houston is targeted as both a city suffering from overvaluation, and one benefiting from its relative affordability. From the
Houston’s suburbs posted strong sales in May Much was the same in Houston’s suburbs this past May, as Spring and Katy continued leading in total sales – though, their positions were reversed from April – according to new data
Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent
CoreLogic’s newest equity report finds rising home values have pushed 90 percent of homeowners into positive equity A new analysis from CoreLogic found that rapacious home price appreciation over the last year has had the well-received effect of dredging the
CoreLogic’s March cash sales report found cash purchases are falling dramatically all across the nation The pool of real estate cash is shrinking as all-cash buyers continue leaving the market, making way for more traditionally financed buyers, particularly first-time
In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was
Many people want luxury apartment finishes, but not the luxury apartment price tag. Light Hill Partners, a Houston real estate developer, has found a solution to that problem with the plans for their new apartment project. Light Hills Partners
Every year, the Harris Poll releases its EquiTrend Study, an outlining of America’s favorite brands. From chocolate to home insurance to video games, the group leverages extensive consumer data on satisfaction, familiarity and quality, to rank brands. As far
The Woodland’s population has been on a steady increase for years, but the construction of the Exxon Mobile campus and the Grand Parkway has left schools in a frenzy to keep up with the spark in population growth. Schools
Compiling data from CoreLogic, we review nearly a decade of distressed sales data CoreLogic released its distressed sales report for the month of March this week, and what the group revealed was nothing short of expected: REO and short sales
Houston’s market strength weighs on new construction’s strength With prices and inventory soaring in Houston, the market seems to be rebelling at the expected outcome of oil prices dropping, which some analysts argued would damage Houston’s energy-driven economy…or could
