Local News

Real estate news in Atlanta

Foreclosure Markets Show Considerable Progress in April

The U.S. foreclosure markets made impressive strides in April, with completed foreclosures and foreclosure inventory both showing progress. 1.1 million – that’s the number of homes in the U.S. that were in some stage of foreclosure in April 2013,

Asking Prices Soar 9.5 Percent in Trulia Price Monitor

Asking prices exceeded rents for the second month in a row in the Trulia Price Monitor, with prices up in 98 of the nation’s 100 largest metro areas. It was another banner month for asking prices in May, with

CoreLogic Home Price Index Surprises with 12.1 Percent Jump in April

The CoreLogic Home Price Index surprised analysts with a stronger-than-expected, 12.1 percent hike in April, with even better numbers expected for May. The CoreLogic Home Price Index exceeded expectations again in April, with home prices leaping 12.1 percent year-over-year

Zombie Foreclosures & Boomerang Buyers: Latest Real Estate Trends?

Does new foreclosure slang fit in with the latest real estate trends? We’ve heard of “short sales,” “shadow sales” and “cure rate.” Now, two other phrases have been used to describe some of today’s real estate trends: “zombie foreclosures”

How Quickly are Homes Going Under Contract in Houston?

With demand high and supply low, homes are pending at an alarmingly quick rate nationwide; but what’s the scenario like in Houston? It’s a classic case of supply and demand: demand for homes, on account of record low interest

Zillow, Trulia and Realtor.com: Which One is Best?

Find out what real estate websites will work for you, and which features are worth your money. The February 2013 Issue of Inman News reported in January, Zillow.com had more than 44.19 million visits, Trulia.com had 33.70 million and Realtor.com had 29.32 million. Which real

Texas Home Prices Rise Again in March Case-Shiller

Home prices in Texas remained among the most consistent in the nation, with prices up both monthly and yearly in March’s Case-Shiller. Home prices here in the Lone Star State were consistent as ever in March’s Case-Shiller Home Price Indices

What Vacation Destinations Do Houston Residents Like the Most?

Memorial Day weekend officially starts today, and many people will be out vacationing; what vacationing communities, though, are the most popular? Memorial Day weekend is finally here, and numerous families will be taking advantage of the holiday to travel

Existing-Home Sales Underwhelm in April?

Though existing-home sales posted yearly and monthly increases in April, they were held back by low housing inventory and tight lending standards…or so we’re told! Existing-home sales in April may have increased 0.6 percent from March and 9.7 percent

This is How Gen Y Will Revolutionize Housing

Generation Y, the 80 million or so Americans born between 1979 and 1995, are expected to reverse the last 60 years or so of housing policy in the U.S. One of the more persistent questions among housing analysts is

What Income Does Your Client Need to Buy a Home in Houston?

What income is necessary to afford the typical house in Houston? And how do those requirements compare with other major metro areas? “Housing affordability” is a term that gets thrown around quite a bit nowadays, and for good reason;

16-Story Hotel and Nearly 4,000 Homes Approved for Galveston

Marquette Company has had two 15-story hotels and nearly 4,000 homes approved for development in Galveston, according to a new report from the Houston Chronicle. It will be the biggest development project in the town’s history, and though it

Leland Woods Community is Revived, Thanks to Houston’s Help

The Leland Woods subdivision is celebrating the “rebirth” of the community after receiving assistance from the city of Houston. According to Mayor Annise Parker, the development almost “crashed and burned” because of the economy. City officials confirmed this construction

How Hard is it, Really, to Get a Mortgage?

Is it still tough to get a mortgage? New numbers from the Federal Reserve offer an enlightening perspective on the issue. It’s the question on everyone’s mind, now that the housing market is on a slow, sustainable path to

Foreclosure Markets Remain Healthy in Houston

The news was good for Texas’ foreclosure markets in April, which continue to be among the healthiest in the nation. The nation’s foreclosure markets showed continued improvement in RealtyTrac’s U.S. Foreclosure Market Report for April, with Houston’s marketplace remaining ahead of

Sweetwater “Custom Home of the Year” Winner For Sale

The award-winning home in Sugar Land’s Sweetwater Estates is on the market. A former Greater Houston Builders Association’s Custom Home of the Year, located in Sugar Land’s Sweetwater Estates, is for sale. The annual GHBA “Of the Year” awards

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