Local News

Real estate news in Houston

RealManage Wins 2011 Houston Award in Real Estate Managers Category

Property management company RealManage won at the 2011 Houston Awards in the Real Estate Managers category. The company was chosen as the winner by the U.S. Commerce Association

Montgomery County Wants to Make “Green” the Norm

According to a recent Houston Chronicle article, area builders in Montgomery County have been thinking extra hard about new ways to “go green” in construction practices. In the interest of lowering home energy bills and doing their duty for

Quarterly Home Sales in Texas Continue Positive Trend

The newest Texas Quarterly Housing Report from the Texas Association of Realtors (TAR) continued the good economic news for the state, reporting another jump in sales that suggests the state’s market may be returning to normal, pre-boom

Houston RPI Up for August and Contrary to National Averages

The latest Residential Price Index from FNC Inc., released October 20th, indicates that U.S. residential home prices declined in August by a seasonally adjusted rate of 0.8 percent, despite high level of sales during the

No Market Face/Offs for Houston Real Estate

The Houston real estate market is undergoing an interesting phenomenon. The apartments and housing sectors, long antagonistic in analysts’ eyes, are both on the rise. Single-family homes sales for September were up 16.9 percent from last year, while the Houston

Construction to Commence on Millennium High Street Project

A multifamily project led by The Dinerstein Cos. and Coventry Real Estate Advisors will be moving forward now that the partners have closed on the acquisition. The project has been named Millennium High Street and will be located inside

Galveston Housing Authority Plans to Rebuild After Hurricane

The Galveston Housing Authority has announced its plans to rebuild some of the 569 public housing units devastated in Hurricane Ike three years ago. Under federal regulations, only half of the destroyed units can be

Mayor Parker Makes Offer on Historic Elementary School

In a recent announcement, Mayor Annise Parker revealed plans to purchase the old Rufus Cage Elementary School, located at the intersection of Telephone Road and Baird Street. The building, which was built in 1910, is named after Rufus Cage,

MERS Unfazed by Possible Lawsuit from Harris County

The  Attorney’s Office of Harris County, Houston is prepping for a potential lawsuit with the Mortgage Electronic Registration Systems (MERS), alleging that the noted company owes the county upwards of $11 million in unpaid mortgage filing

Home Sales Continue Summer Surge into Fall

The cooling temperatures had not the slightest effect on home sales in Houston, as sales increased for the fourth straight month and the fifth overall month in 2011. Year-over-year, sales were up 16.9 percent, and prices rose 0.4 percent

City View Lofts Makes Apartments out of a Cookie Factory

Keeping with the trend of transforming downtown commercial spaces into housing units, City View Lofts has turned a 100-year-old Nabisco cookie factory on N. Chenevert into 57 loft

Guaranteed Rate Opens New Branch in Dallas

Guaranteed Rate, Inc., one of the largest and fastest growing independent mortgage lenders in the country, has just announced it is opening a new branch in Dallas-Fort Worth. Nick Marascia, who will be the branch’s manager, said Guaranteed Rate is

App Review: Mortgage Calculator Pro

Price: $0.99 How it Works: The Mortgage Calculator Pro, one of the top 10 finance apps for 2010, is a quick and easy calculator designed for brokers, Realtors and homebuyers. Optimized for iOS 4 and Retina Display, Calculator Pro

Home Insurance Operates on Inverse in Texas

In 2003, Texas passed several overhauls to its insurance laws, loosening regulations and eliminating oversights. Eight year later, though, homeowners are stuck in an uncomfortable predicament of rising costs and declines in insurance. “The numbers are pretty clear,” said Alex

Gold Medallion Program Attracts Buyers and Motivates Agents

In today’s market, incentives like the Gold Medallion Program from Prudential Gary Greene, Realtors help draw extra attention to quality properties, which benefits buyers, sellers and real estate agents

“Sunshine and Sequins” Fundraiser Will Support Sunshine Kids

Top producers from Prudential Gary Greene, Realtors will host a citywide charity fundraiser for the Sunshine Kids Foundation on Saturday, Nov. 5. The benefit, called “Sunshine and Sequins,” will be a carnival-themed event with games and prizes. Guests are

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