Local News

Real estate news in Atlanta

Just How Much is Our Housing Market Worth?

We all know that our housing market has quite a bit of value behind it, but what’s the big number that it all adds up to? We’ll cut straight to the big number – $350 billion. That’s the cumulative

Texas Leads Nation in Relocations

Texas leads nation in annual inbound moves, and Houston leads Texas. Texas sits at the apex of geographic magnetism in the U.S., attracting thousands of new residents to the state each year like flecks of iron. According to Indiana-based

The Top 3 Consumer Expectations for Housing in 2015

Agents may be looking up when it comes to 2015’s housing market, but how do consumers feel about the impending year? The news cycles have been chock-full of stories on what analysts and trade professionals expect for housing and

Texas Home Prices Surpass National Pace in Latest Case-Shiller

S&P’s newest Case-Shiller report revels a slow climb towards balance and a strong end to 2014. It was another month of stellar performance for home prices in the Texas market, according to the newest Case-Shiller Home Price Indices from

Special Report: Negative Equity in Houston is Nearly Nonexistent

Negative equity is not only down in Houston, but almost entirely absent in the area’s housing market. Last week, we reported a much-needed dosage of good news – that after peaking a few years back, negative equity in Houston has fallen

Houston Construction Promises More Than Just Growth

Houston has struggled with depleted inventories and strong demand, but a new survey finds the city may be ready to leave that problem behind. Houston real estate professionals will be happy to learn that third quarter residential building is

Natalie Mitchell Joins BHGRE Gary Greene’s Lake Houston Office

Better Homes and Gardens Real Estate (BHGRE) Gary Greene’s recently welcomed Realtor Natalie Mitchell to its Lake Houston office. “I’m pleased to welcome Natalie Mitchell to our Gary Greene Lake Houston office,” said Lisa Dempsey, manager of the BHGRE

Negative Equity in Houston Plummets by 76.3%

The negative equity situation in Houston has improved dramatically, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Houston area, the share of mortgage properties in negative equity

Census Says Houston is No. 1 Construction Market in U.S.

Census Bureau names Houston as nation’s top construction market. Creative Commons: iodine127, http://commons.wikimedia.org/wiki/File:P1070694.JPG It’s been a roller coaster of a year for the national housing market, but one area that’s been on track since the beginning is Houston, which

Mortgages in Houston Twice as Affordable as Rents in 2014

Everyone knows that mortgages and rents have ran in opposing directions, but the numbers are still jaw-dropping. For some time, we’ve been hearing two independent narratives in housing: one, that mortgage rates and payments were at an all-time low;

Harris/Brazoria Counties Less Affordable Than Historic Averages

A new round of analysis suggests that housing affordability continues to fall by the wayside in the Hoston area. There have been some indicators that the housing affordability situation here in Houston is slipping somewhat, and a new study has provided perhaps

Cash Sales in Texas Remain Below National Average

New cash sales report says more of the same – we’re staying consistent. In September, cash sales increased slightly despite the autumnal slump, but remain at relatively low levels, according to a new report from CoreLogic. In recent months,

Could Soaring Asking Prices in Houston’s Market Pose a Problem?

What’s the deal with asking prices in our metro area? Asking prices in the Houston area remained positive in November, and they seem to be showing no signs of slowing down, according to the newly released Price Monitor from Trulia. Per Trulia’s

Houston Proves It’s Better Than National Average

Foreclosures are being completed at dramatic rates…and why that might not be so good. The newest foreclosure report from CoreLogic highlights the nation’s continued efforts to push through new and long pending foreclosures, but the robust pace of completion

Houston One of Top 10 Luxury Markets in the Nation

New data shows that the city of Houston is one of the most active luxury housing markets in the entire U.S. The city of Houston is the No. 6 luxury housing market in the U.S. in terms of sales, according to

Houston’s Low Inventory Gets a Leg Up from Increased Construction Spending

Construction spending rises and falls throughout the country, helping and hindering markets struggling to refill dwindling inventories. Construction spending was up this past October, according to recently released figures from the U.S. Census Bureau. The increases, which amount to