Local News

Real estate news in Atlanta

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

Better Home and Gardens ranked “Brand of the year”

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 Woodlands Growth Drives Private School Expansions

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

CoreLogic: Houston No Longer Chasing Pre-Crisis Numbers

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 Market Shows Strength, but Oil Prices Loom Over Market

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

Houston Association of Realtors: Inventory Hits 2 Year High

HAR’s May home sales report showed less sales and more price increases, as well as a milestone for inventory recovery The Houston Association of Realtors released its May home sales report today, and, surprisingly, the most revealing aspect of

RealtyTrac: Nation Faces Zombie Outbreak

RealtyTrac’s Q2 Zombie Foreclosure Report shows macro progress and micro struggles Zombies are plaguing the nation, but no amount of shotgun shells and machetes are likely to help. Less likely to shuffle after a person’s brainy bits than they

RealTek Holdings, LLC Integrates Brokerages and Real Estate Software Companies

RealTek Holdings, LLC was recently formed to serve as a technology-driven real estate holding company. The new company’s main focus is acquiring and integrating other brokerages and real estate software companies under one house with multiple brands. RealTek Holdings’

Houston’s Hottest Sector Takes a Hit

Multifamily construction has boomed in Houston, but was it too much, too quickly? Houston’s multifamily construction hot streak may be coming to an end, as a new report from the CMD Group, an Atlanta-based construction research firm, showed multifamily

CoreLogic: Foreclosures? What Foreclosures?

CoreLogic’s April Foreclosure Report revealed another month of positive stats…for most markets Since late 2008, when the walls of the world’s economy started to tumble, approximately 5.7 million foreclosures have been completed in the U.S., and even more if

Houston’s Luxury Housing Market Remains Ahead of the Curve

Houston’s strong luxury housing market is showing now signs of slowing down Sales prices for Houston’s luxury housing market are leading the charge this year, according to a new Redfin analysis of the nation’s luxury markets. Redfin’s study analyzed the top 5 percent of

New Development Promises Hundreds of Multifamily Units

New development promises multifamily units amid multifamily construction slump In a recent report from the Atlanta-based CMD Group, researchers revealed a startling drop in multifamily construction starts in Houston throughout 2015’s first quarter. From a year prior, new apartment