Local News

Real estate news in Atlanta

Co-founder Of Local Firm Honored By City

Mayor Parker and Houston City Council recently acknowledged the commendable work of a local property manager. Alan Schnur, co-founder of Houston-based Hot Ocean Properties, a residential property management firm that oversees more than 2000 units and 400 homes between

Texas Home Prices Continue Strong 2013 in July Case-Shiller

Texas home prices in the latest Case-Shiller showed some signs of slowdown, though they were still quite positive. Home prices in Texas continued their strong 2013 performance in the July Case-Shiller. Though the indices, which are maintained by Standard &

Is it Cheaper to Rent or Buy in Houston?

Home prices have risen and mortgage rates have shot up by more than a percentage point – is it still cheaper to buy than rent in the Bayou City? The housing market of 2009, 2010 and 2011 was a

Boulevard Oaks Real Estate is Hot – Despite Ashby Construction

Although construction of the controversial Ashby High Rise has begun, it’s done little to dissuade homebuyers from the Boulevard Oaks neighborhood. According to the latest report from Greenwood King, real estate in the Boulevard Oaks neighborhood has been hot.

TRLP Legacy Project Helps Students Become Financially Responsible

The Texas Realtors Leadership Program (TRLP), is pleased to announce its Legacy Project, which will consist of educating high school students to become financially literate and responsible. They will provide high schools with the Dave Ramsey Foundations in Personal

Housing Inventory Rises in August – What of Here in Houston?

Housing inventory seems to have finally turned the corner nationally, but what of here in Houston? The nation’s inventory of housing has been a major topic of conversation among analysts and real estate professionals alike this year, but if

Mortgage Rates Have Little Impact on Houston Home Sales in August

Though most real estate markets seem gripped in mortgage-rate hysteria, Houston’s real estate market soldiered on in August. Home sales in Houston surged to their 27th consecutive positive month in August, with rising mortgage rates, low housing inventory and

Two Builders Team Up, Start Work On Avalon at Spring Green

About 30 miles west of downtown Houston, in the town of Katy, two established builders have begun work on Avalon at Spring Green, a new, 200-house gated community. According to a recent report from The Rancher, Coventry Homes and

One of the Biggest Brokerages in Texas Acquires Top Team

One of the largest residential real estate brokerage firms in Houston, Prudential Anderson Properties, recently acquired high-ranking team Big City Properties, according to the Houston Business Journal Prudential Anderson has a ranking of number 17 on Houston Business Journal’s Largest

Foreclosure Activity in Houston Down 52% in August

Foreclosure activity in the Bayou City is among the lowest in the nation, and it still fell by a whopping amount from 2012. Foreclosure activity in the Houston area was down a whopping 52 percent year-over-year in August according

Houston Home to the Nation’s Healthiest Mortgage Market

Though Houston’s housing market has received high marks before, its performance on equity may be most impressive of all. Houston’s housing market has become a poster child for the housing recovery, but courtesy of the second quarter Equity Report from

NAHB’s Improving Markets Index Soars to 291 in September

The NAHB’s Improving Markets Index has been closely tracking the housing recovery, and it put up some its best numbers yet in September. The National Association of Home Builder’s Improving Markets Index, one of the leading measures of the

How Many Negative Equity Properties Remain in Houston?

The nation’s mortgage markets have improved dramatically in the last five years, but how many negative equity properties linger here in Houston? More than eight million homeowners are own the verge of reaching positive equity, according to the U.S.

Homeownership Rate Decreases From Five Years Ago

The homeownership rate has been on a steady decline the last five years, but will that trend continue? The homeownership rate has decreased in the last five years, according to Census Bureau data, and as a result, renting has

CoreLogic: Foreclosure Inventory Down 20 Percent in July

The latest National Foreclosure Report from CoreLogic highlighted a number of positive developments in the nation’s mortgage markets. The nation’s mortgage markets continued to improve in July, according to the latest National Foreclosure Report from CoreLogic, with foreclosure inventory,

Houston Asking Prices Soar 12.1 Percent in August

Asking Price growth appears to be slowing nationally, but that was hardly the case here in Houston, according to new research from Trulia. Houston’s for-sale market continued to outpace its strong rental market in August, according to the latest Price

Oops! We could not locate your form.