Local News

Real estate news in Atlanta

Woman Arrested for Burglary While Posing as a Realtor

On Tuesday, August 13, a woman was charged with burglary of habitation while posing as a Realtor. Rebecca Lynn Bench was arrested for burglarizing the northwest Houston home, and a second suspect, Laura Kristen Campas is currently at-large and

Master-Planned Communities of Houston

Houston’s housing market is breaking record after record, according to this article from the Houston Chronicle. Home supplies are up for the first time in over a year. Inventory has risen to 3.4 months. At the same time, demand continues

Housing Inventory in Houston Down 32.3 Percent in July

Housing inventory in Houston was down by double-digit amounts in July; how do those declines compare with the rest of the nation? Housing inventory in July may have been down 32.3 percent year-over-year in Houston and 16.2 percent nationally,

How Healthy Are Houston’s Mortgage Markets?

The second quarter proved a boisterously good period for the nation’s mortgage markets, but did all that good cheer extend to our local marketplace? Last week, we reported on the latest National Delinquency Survey from the Mortgage Bankers Association,

What are the Nation’s Busiest Housing Markets?

Is Houston among the busiest housing markets in the U.S.? A new report from Redfin shows how the Bayou City stacks up to the competition. What are the busiest housing markets in the U.S.? That question was at the

CoreLogic: Home Prices Up 11.9 Percent in June

June was yet another banner month for home prices in CoreLogic’s Home Price Index, but could home price gains be slowing down? Home prices continued their sterling performance in June, rising 11.9 percent year-over-year in the latest Home Price

Trulia: Asking Prices Up 10.2 Percent in Houston in July

Asking prices in Houston were up 10.2 percent in July, though that activity came amidst a slowing housing market. Asking prices in July were up 10.2 percent year-over-year in Houston in the latest Trulia Price Monitor, a leading measure

The Unpopular Three-Bedroom Apartments

Nobody wants three-bedroom apartments anymore, so developers aren’t building them. Ten years ago, developers were constructing apartment complexes with 30 to 40 percent one-bedroom units, and now in 2013, 80 percent of the units in a typical complex are

CoreLogic: Foreclosure Inventory Down 28% in June

The nation’s foreclosure markets continued to improve in June, according to the latest report from CoreLogic. CoreLogic’s National Foreclosure Report for June brought further good news to the housing recovery, with foreclosure inventory and completed foreclosures both showing encouraging

Texas Home Prices Hit Record Highs in May Case-Shiller

The May Case-Shiller brought great news for the Texas housing market, with home prices in the state putting up some of the best numbers in the nation. May was a historic month for home prices in the Lone Star

Why Are So Many People are Moving to Texas?

Booming real estate market and other factors reveal that Texas is a popular destination. With the real estate market picking up, it appears that a lot of people are moving to Texas. Eight of the 15 fastest-growing cities are

KB Home Acquires 100 Acres in Atascocita for New Community

National homebuilder, KB Home, announced recently that it has acquired nearly 100 acres for a new community called Lakewood Pines in Atascocita, located northeast of Houston. KB Home will begin land development later this year for over 300 homesites

Big City Properties Teaming Up with Prudential Anderson

Stacy Sutter, CEO of Big City Properties, is teaming up with Prudential Anderson in a move that will benefit both companies. Big City is the premier REO broker in Houston. Rick Young, of Prudential Anderson Properties, calls them a

Houston Loses Piece of Local History

Bulldozers have finally begun to demolish the Montrose Fiesta grocery store, which has been closed for more than a year, according to Culture Map Houston. Fiesta has occupied a place in the shopping center that was formerly a 1962

“Walker, Texas Ranger” Home Hits Dallas Market for $1.2 Million

Chuck Norris’s home, which appeared on his hit television series, “Walker, Texas Ranger,” is currently on the market for $1.2 million in Dallas. Offscreen, Norris co-owned the Mediterranean ranch-style home in the neighborhood of Northwood Hills with his brother, Aaron. But

Inventory is on the Rise Nationally – What About in Houston?

The news was good for housing inventory in Monday’s existing-home sales report from NAR, but has the situation improved at all here at home? Housing inventory nationwide increased just under 2 percent from May to June, rising to a

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