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Real estate news in Atlanta

Lennar Opens New Model Homes in Fairfield

Lennar, a top Houston homebuilder, announced the opening of two brand new model homes in Fairfield. The community created by Friendswood Development Company covers 3,200 acres located in Cypress, Tex. Fairfield is one of Houston’s premier new home communities offering miles of greenbelt trails, lakes,

Crude Bounces Back; Can Houston?

The price of crude bounced back this week, but some say even if it stabilizes, the damage has already been done.   After months of falling oil prices, crude-oil futures rallied back this week, climbing up 7 percent to

Houston Price Appreciation Doubles National Pace

Slow home prices in December are likely to roll over into 2015. Early today, February 3, CoreLogic released its Home Price Index for December 2014. While price appreciation was relatively flat from a month prior, CoreLogic researchers found prices

New Construction in Houston Booming in 2014

2014 was a VERY good year for new construction in Houston, according to the latest stats. Total residential construction spending in the Houston area was $9.841 billion in 2014, a 15 percent increase from 2013, according to new numbers from Dodge

Economists Battle Over the Fate of Houston Jobs

With oil prices falling so rapidly, will Houston be able to recreate the same success as it had in 2014? Houston’s 2014 was one for the books, as the city’s more than proficient job creators bolster the market with an

How Houston Will See 108,780 New Homebuyers Enter the Market

Hundreds of thousands of potential homebuyers will be boomeranging back to the housing market over the next seven years. The Houston area is poised to see more than 100,000 potential homebuyers enter the housing market fray over the next seven

No End in Sight For Houston’s Inventory Spiral

We’re all waiting for Houston’s housing inventory situation to improve…but that has yet to happen. The inventory situation in Houston continued to worsen in 2014, according to new numbers from realtor.com. Per realtor.com’s analysis, inventory in Houston dropped by 4.9 percent from November

Skilled Labor Shortages Threaten to Stall Eager Builders

Builders want to build but face stifling shortages to skilled labor. On January 26, the price of crude oil dropped to $45.15 – its lowest point since 2009. Since October 2014, we’ve been following the dips in oil price,

Texas Home Prices Remain Positive in New Case-Shiller

Home prices in the Texas area remained right on track in the latest Case-Shiller. Home prices in the Texas area remained positive as ever in November, with prices in Dallas rising 0.1 percent from October and 7.7 percent from Nov. 2013, according to the latest Case-Shiller

Redfin Predicts Houston’s Top 5 Hottest Markets for 2015

Using data from 2014, Redfin predicts what Houston neighborhoods will stand out in the new year. Hot is the perfect way to describe the Houston market in 2014. With booming sales and a seemingly insatiable demand, the city has

SPECIAL REPORT: Houston Sees Healthy 2 Year Decline in Foreclosures

Using data provided by CoreLogic, we look closer at the foreclosure and serious delinquency rates of the last two years. Last week, we reviewed CoreLogic’s latest foreclosure report, which provided a brief snapshot of national and local foreclosure levels

Projected Growth Tumbles With Oil Prices

In light of the falling price of crude oil, Credit Suisse sees 2015 – and possibly 2016 – as a year of relative decline. The glory of Texas is built on a foundation of oil. Slick, black bricks of

Japanese Bullet Train Coming to Houston?

Travel between Dallas and Houston may be getting a lot easier… Often referred to as Texas’ first female governor, Ann Richards once famously said that it wasn’t until she campaigned in the Lone Star State that she gathered an

Realtor Rod Castaneda Joins RE/MAX The Woodlands & Spring

Real estate agent Rod Castaneda is new to the offices of RE/MAX The Woodlands & Spring, according to a press release. “We are very fortunate to have a realtor with Rod’s international experience join our office,” said Danna Furnace-Grimes,

Texas’ Hottest Market Sheds More Cash Buyers in October

Cash sales are on the decline, but still represent a large chunk of the market. Recovery was the word in 2014, as the national real estate market shifted and readjusted to find its footing, and as we slowly begin

With Strong Price Increases, is Houston Now Overvalued?

We’ve come a long ways since the market crash, but does new research suggest we’ve gone too far? With asking prices up in Houston by 13.4 percent, the market the market may be overvalued to market fundamentals, according to a new

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