Local News

Real estate news in Atlanta

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

Houston Poised For Yet Another Strong Month of Real Estate

By Peter Ricci The Houston Association of Realtors (HAR) has yet to release its official data on June home sales, but if early reports are to be believed, it seems we’re poised for yet another strong performance from the

Clients Concerned About Zombie Attacks? Show Them These Homes

By Stephanie Sims With zombies trending lately, in pop culture and several times in the news scarily enough, perhaps your clients have wondered aloud whether or not they should buy a property that would defend against any future apocalyptic

Houston Featured in NAHB’s Improving Market Index, Better Homes Agent Christi Borden on ‘Advancing’ Market’

By Peter Ricci Houston was one of 11 new metros added to the National Association of Home Builders/First American Improving Markets Index (IMI) in May, which now totals 84. The NAHB adds cities to the IMI when housing permits, employment

Lake Conroe Fire Department Breaks Ground on New Station in Woodforest

By Peter Ricci Area officials, firemen and residents were on hand Friday to help break ground on a new Lake Conroe Fire Department station in Woodforest, a master-planned community spearheaded by The Johnson Development Corp. Actual construction of the

Zillow Shopping for Fresher Data in Appeal to MLSs, with Comments from Ward Arendt, Chairman of the Houston Association of Realtors MLS Advisory Group

By Peter Ricci Zillow was in the news yesterday when Inman News reported that the syndication site had contacted 50 or so MLSs at the end of June about establishing direct IDX feeds. Though Zillow maintains secondary feeds through ListHub, which initially

Anderson Properties Merges with Prudential Reyes-Planka

Anderson Properties has merged its operations with Alvin, Texas-based Prudential Reyes-Planka, Realtors, according to BRER Affiliates Inc., the Brookfield Residential Property Services company and that owns the Prudential Real Estate franchise network. As a result of the deal, Anderson Properties,

Mortgage Underwriting Standards Less Strict in 2012

Lessening underwriting standards are the great white whale in housing’s recovery, and the 2012 Survey of Credit Underwriting Practices from the Office of the Comptroller of the Currency (OCC) is making some suggestions that the tide may be turning for home

Better Homes and Gardens Real Estate Gary Greene Adds Century 21 Outstanding Homes to the Team

Better Homes and Gardens Real Estate Gary Greene announced today that Century 21 Outstanding Homes has merged its operations with Better Homes and Gardens Real Estate Gary Greene’s West Lake Houston office. The merge corresponds with Gary Greene’s change

NAR Pending Home Sales Index Rises 5.9 Percent in May, Lisa Dempsey, Better Homes and Gardens Real Estate Gary Greene Branch Manager, on Inventory Shortages

The National Association of Realtors’ Pending Home Sale Index bounced back to positive territory in May, rising 5.9 percent to its highest level in two years. With a reading of 101.1, the index is 13.3 percent higher than a

Gary Greene, Realtors Joins Better Homes and Gardens Real Estate, Owner Marilyn Eiland on ‘Dynamic’ Change for Agents

After considerable anticipation and rumor, Gary Greene, Realtors has announced that it will be leaving Prudential Real Estate Services and re-joining Better Homes and Gardens Real Estate. The firm will now operate as Better Homes and Gardens Real Estate Gary

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