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Real estate news in Atlanta

Distressed Sales Fall Considerably in Texas

Over the last year, distressed home sales have become far less prominent in Texas’ housing market Distressed sales throughout Texas comprised just 4.4 percent of all home sales in May, a marked drop from the 7.2 percent market share of a year ago,

Texas Top State in America for Making a Living in 2015

Thanks to no state tax on average income and low work incidents per 100 workers, Texas was ranked the number one state in America for making a living in 2015, according to a new study from personal finance site

Houston’s Most Competitive Suburbs in May

Following up last week’s examination of Houston’s top selling suburbs in May, in which Spring claimed the top spot, we further delved into our Redfin-provided data to determine which suburban markets were most competitive. Friendswood and Seabrook, which came

Texas Home Prices Rise Strongly in Case-Shiller

Home prices positive in latest Case-Shiller, but are there signs of a slow down? Home prices in the Texas continued to post strong gains in Standard & Poor’s latest Case-Shiller Home Price Indices, with prices in Dallas rising 1.1 percent from March

New Luxury Apartments to Rise Near Generation Park

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

Negative Equity Still a Problem in Houston

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

Supply of Sublease Space Up 61 Percent in Houston

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

First Retail Project Breaks Ground in Bridgeland Community

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.

Houston Among Most Affordable Housing Markets for Millennials

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

Houston: Affordably Overvalued

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 Top Selling Suburbs in May

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

Why so Few Renters are Buying Homes

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: Equity Nears 100% in Houston

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: Cash Leaves Houston, Homebuyers Rejoice

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

Multifamily New Construction Rises Dramatically in Houston

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

Light Hills Partner Announces Plans for New Apartment Project

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

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