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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

The 10 Most Populous Hispanic Communities in the U.S.

The Hispanic population in the U.S. has grown by leaps and bounds, as has its importance on local housing markets; where are Hispanics most concentrated? Hispanics represent a growing part of the U.S. population, and are inarguably the hottest

CoreLogic: Home Prices Up 12.4 Percent in July

The nation’s home prices continued to improve in July, with the latest Home Price Index from CoreLogic posting fantastic year-over-year numbers. Home prices continued their double-digit performance in the CoreLogic Home Price Index, rising 12.4 percent year-over-year in July. That

Avalon at Spring Green Community Set to Open This Fall

Coventry Homes and Taylor Morrison have partnered to develop Avalon at Spring Green, a gated enclave of 200 homesites. The two builders have started construction of model homes in Avalon at Spring Green, located in Katy, and will have

How Quickly Do Listings Go Under Contract in Houston?

The housing market, according to the latest numbers from Redfin, seems to be slowing down; is that the case here in Houston? For the third straight month, the percentage of listings that went under contract within two weeks decreased

United Real Estate: From 29 to 1,090 Transactions Per Year

United Real Estate is a fast growing real estate company with offices located in five major U.S. cities. This year, they made over 200 million dollars in sales from January through July. The brokerage began as recently as 2011,

Better Homes and Gardens Real Estate Gary Greene Celebrates 50 Years

Better Homes and Gardens Real Estate Gary Greene commemorated its 50th anniversary and were honored with an eponymous day in the process. According to a recent article by the Houston Chronicle, the real estate group, which started in 1963

Oil and Gas Industry Boosts Houston’s Economy and Housing Market

It’s no secret Houston has one of the most booming housing markets in the nation, and a lot of that is due to the oil and gas industry. Large companies such as Phillips 66 and Exxon Mobil Corp are

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