Local News

Real estate news in Atlanta

Are Zombies & Vampires a Problem in Our Housing Market?

What are Vampire REOs and Zombie Foreclosures? And what problems do they pose for the housing market? Last week, we reported on the latest National Foreclosure Report from CoreLogic, and the news was uniformly good: foreclosure inventory was down a

Does the Middle Class Have a Chance in Houston’s Housing Market?

The U.S. prides itself for its strong middle class, but how many options does that middle class have for housing in the nation’s largest cities? Homeownership has long been a cornerstone of the modern American Dream, the ultimate symbol

How Affordable Will Housing Be When Rates Hit 7 Percent?

Housing affordability has been on the decline this year, but by how much? And what will affordability look like when rates increase? It’s been an interesting year in the world of housing affordability. Record low mortgage rates and competitively

Houston Business Journal Lists Top Homebuilders By Local Gross Revenue

A recent report published on the Houston Business Journal’s website named the five homebuilders that have generated the most revenue in Houston this year. The top five are as follows: Miami-based Lennar Homes/Village Builders, $472.1 million; Houston-based McGuyer Homebuilders Inc., $430

Hines Adds New Gated Development to List of Houston Projects

Hines announced on Tuesday that it recently acquired a 46-acre property inside the 610 Loop for Somerset Green, a new gated residential development. This will be one of several Houston projects the real estate firm will work on. Plans

NAHB: Houston Housing Market ‘Back to Normal’

Houston’s housing market has been on an undeniable surge the last couple years, but a new index from the NAHB has made those gains official. Houston’s housing market is one of 52 metropolitan areas that has either returned to

CoreLogic: Foreclosure Inventory Drops 33% in August

The nation’s foreclosure markets have been showing considerable improvement in 2013, but did that trend continue in August? The good news continued for the nation’s foreclosure markets, according to CoreLogic’s latest National Foreclosure Report, with foreclosure inventory, completed foreclosures

Consumer Caution Grows in Latest National Housing Survey

Consumer sentiment on the housing market has gone nowhere but up in the last few months, but does the latest survey from Fannie Mae suggest a slowdown? Baby, we had a great run. Though consumer confidence on the housing

Did Houston Rents Increase in the Third Quarter?

The nation’s rental markets have been quite hot in the post-boom housing market; did that trend continue into the third quarter? There have been two distinct memes in the housing market since 2008, both involving the nation’s rental market.

Trulia: Houston Asking Prices Rise 13.3% in September

Asking prices may have slowed nationwide in September, but was that the case here in Houston? Asking prices in Houston’s housing market were up a robust 13.3 percent year-over-year in September, along with a 3.0 percent increase from the

HAR and City of Houston Launch New App

The Houston Association of Realtors (HAR), together with the city of Houston, recently released a new mobile app to help people on the move find their new residence. Mayor Annise Parker said the app, called Houston Living, is needed

How Much Do Homes Cost in Top Tier School Districts?

Strong school districts are often a top selling point for certain neighborhoods, but how do they translate to the median price of the area? It’s gotta be among the most common of questions that real estate agents receive –

ListHub is Named New Service Provider for HAR

ListHub, distributor of property listings and provider of performance metrics in real estate, operated by Move, Inc., announced a new agreement with the Houston Association of Realtors to provide services to their 26,000 members. With the addition of HAR

McGraw Hill: Residential Construction in Houston Down 14% in August

Construction in the Bayou City declined somewhat in August, though the city is still putting up some of the best numbers in the nation. First, the bad news – residential construction in Houston fell 14 percent from August 2012

CoreLogic: Home Prices Slow in August, Still Up 12.4% YOY

Though monthly home price growth slowed in August, it still posted strong year-over-year returns, according to CoreLogic. Well, the great home-price honeymoon may be drawing to a close. According to the latest Home Price Index from CoreLogic, home prices

Did Housing Activity in Houston Slow Down in August?

Housing had a great summer, but is the double-team threat of waning affordability and rising mortgage rates slowing activity? From the start of 2013 through May, the housing market nationwide performed quite well, with a number of factors –

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