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Real estate news in Houston

Government REO Housing Inventory Down 18 Percent, Tom Plant on Loop 610 Region

By Peter Ricci According to analysis of government documents, the three big government housing institutes – Fannie Mae, Freddie Mac and the Department of Housing and Urban Development (HUD) – have decreased their REO housing inventory by more than

Asking Prices in Trulia Price Monitor Increase for Sixth Straight Month, Shannon Register on Appraisal Issues

By Peter Ricci Real estate website Trulia is reporting that, boosted by fewer housing vacancies and relatively impressive job growth, asking prices have risen in its Trulia Price Monitor for the sixth straight month. A leading indicator on home

Homebuyers in Texas Will Pay the Most in Mortgage Closing Costs

By Stephanie Sims Home mortgage rates are hovering near a record low. And home prices are still lower than a few years ago. But that doesn’t mean Texans are getting a break when it comes to some of the

Agent Publishing Founders Marci Sepulveda, Anne Hartnett on Tastytrade’s Bootstrapping in America

Marci Sepulveda and Anne Hartnett, the founders and publishers of Agent Publishing, appeared on Tastytrade’s “Bootstrapping in America” program for an in-depth interview on their professional experiences, the founding of Agent Publishing, and, of course, the current state of

Agent Publishing Founders Marci Sepulveda, Anne Hartnett on Tastytrade’s Bootstrapping in America

Marci Sepulveda and Anne Hartnett, the founders and publishers of Agent Publishing, appeared on Tastytrade’s “Bootstrapping in America” program for an in-depth interview on their professional experiences, the founding of Agent Publishing, and, of course, the current state of

Shadow Inventory Down 35 Percent From 2010 Peak, Lisa Dempsey on Healthy Houston Inventory

The shadow knows – that his inventory is severely down! According to researchers at Morgan Stanley, the shadow inventory has fallen 35 percent from its 2010 peak, yet more evidence of stabilizing inventories in housing. The researchers estimate there

Texas Home Prices Remain Strong, Up 3.8 Percent in Dallas in May Case-Shiller

National home prices in rose by 2.2 percent from April to May in the latest Case-Shiller Home Price Indices from Standard & Poor’s, with 17 of the 20 metropolitan areas surveyed seeing their annual returns increase. Though S&P does not

What Will Tomorrow’s Case-Shiller Say About Housing Prices? w/ Tom Huckabee on ‘Gangbusters’ Houston Market

Standard & Poor’s will release its latest Case-Shiller Home Price Indices tomorrow, and analysts and journalists alike are eagerly awaiting its findings – and what they will suggest for housing prices across the country. So far, the narrative has

Pending Home Sales Rise Year-Over-Year For 14th Consecutive Month

By Peter Ricci Pending home sales rose year-over-year for the 14th consecutive month in June, according to the latest Pending Home Sales Index from the National Association of Realtors. A forward-looking index based on contract signings, the Pending Home Sales

Better Homes and Gardens Real Estate Gary Greene Merges with Lake Conroe Brokerage

After changing franchises and a high-profile addition, Better Homes and Gardens Real Estate Gary Greene has announced another merger with a former Prudential Affiliate located on Lake Conroe. The Lake Conroe office, which also serves Conroe, Willis and Montgomery,

Are Homebuyers Fleeing Houston?

By Stephanie Sims In a report from Yahoo! that cites Census Bureau data, the top 10 emptiest cities in the US have been named – and Houston is No. 8 on the list. Each quarter, the Census Bureau publishes

Zillow Calls the Housing Bottom in latest Real Estate Market Report

By Peter Ricci Zillow joined the fray of optimism that has swept over real estate analysis the past few weeks with its latest Real Estate Market Report, stating that not only did housing values bottom in February of this year,

Existing-Home Sale Price Rises 7.9 Percent in June, Linda Marshall of Linda Marshall, Realtors Inc. Comments

By Peter Ricci Existing-home sale price for all housing types rose 7.9 percent year-over-year in June in the National Association of Realtors’ latest housing report. It’s the fourth straight month of yearly price increases, a streak that has not

59 Percent of Agents Report Higher Buyer Interest in 2012

By Peter Ricci Nearly six in 10 respondents to the latest Real Estate Buyer’s Agent Council (REBAC) survey reported higher buyer interest in 2012, a 34 percent increase from 2011 and one of the strongest signifiers yet of greater

NAHB Builder Confidence in July At Highest Level Since 2007; J. Patrick Homes Comments

By Peter Ricci The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) posted notable gains in July, rising six points to its highest level since March of 2007. The six-point increase is the largest one-month gain for

Average Days on Market Decreasing?

By Stephanie Sims   How fast agents sell homes depends on a number of things – location, condition of the property, foreclosure/short sale status and the state of the market. But a hugely important indicator is how many days

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