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Real estate news in Houston

Houston Builder Soars in August with 47 Percent Increase in Closings

LGI Homes, a Texas builder with operations in Houston, had a record-breaking August with 84 closings, a 47 percent increase over July. Ironically, July in itself was a record month for the developer, when it sold 57 properties. August

Prudential Gary Greene Announced New Multicultural Division

Prudential Gary Greene, Realtors announced its new Multicultural-International Real Estate Division today. The division will be focused on servicing the needs of Houston’s growing multicultural population. “With the Asian and Hispanic population growing at three times the rate of

Honesty, Accountability the Goal for New Texas Real Estate Laws

Consumer confidence is the name of the game for recently-implemented laws in Texas, which place new rules and restrictions on several areas of real estate with more to follow in 2012. The product of two laws passed earlier by

HAR Brings Historical Edge to New MLS

The Houston Association of Realtors (HAR), in collaboration with the city of Houston, is launching the “Houston Historic Districts Homefinder,” a new MLS that allows homebuyers to search for homes in a decidedly historical manner. “As a potential homebuyer,

NeatReceipt Makes Admin Tasks Easy in the Real Estate Industry

Keeping track of expense reports can be a grueling and time-consuming process. This was a particular problem for Tia Alexander, owner of the Texas real estate agency, the Crane Group. Alexander, who regularly accumulates massive amounts of receipts in

Dallas Fed President Bucks Trends on Interest Rates

In an unorthodox move that resists recent narratives on the supposed benefits of historically-low interest rates, Dallas Federal Reserve President Richard Fisher has come out against the monetary strategy, citing it as a probable reason for the economy’s sluggish

Summertime the Right Time for National Price Gains

National price gains were up 4 percent in Clear Capital’s latest Home Data Index, a monthly report that analyzes housing data in the West, Midwest, Northeast and the South. All four sectors of the market showed quarter-over-quarter price gains, with the

July Home Sales Increase 22 Percent in Texas from 2010

At a time when the national housing market is slowly emerging from a tough stretch, Texas is blasting out of recession, according to new data from the Federal Reserve Bank of

Greenaway Plaza Construct to Replace Vacant Church

Houston developer The Morgan Group is preparing a high-end apartment complex that will utilize the old location of the Central Presbyterian Church on Richmond and

Luxury Home Builder Resurrects River Oaks Project

Rohe & Wright Builders, a luxury home builder, is reviving Winfield Gate, a gated development of 21 town homes that was shelved in late

Houston Leads the Nation in Construction

According to new data by the U.S. Census Bureau, residential construction in Houston was the most valuable in the nation in 2010 – even more data that suggests a bright future for housing for the

Houston Association of Realtors Announces Election Results

The Houston Association of Realtors (HAR) annual board of directors election results are in. Votes were tabulated with use of BigPulse, as online voting

Texas Economy Defies National Trend

According to an extensive report by the Houston-based private equity firm SigmaBleyzer, several important economic factors, including housing and construction, rose in Texas for July, a fact that defies current national economic

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Home Sales Skyrocket in Central Texas

In a sales report released yesterday, the Austin Board of Realtors reported that home sales in the Central Texas region soared 32 percent in July from a year

Rockspring Capital CEO Speaks of “Unique” Market at Land Forecast Breakfast

Rockspring Capital President and CEO Jim McAlister IV spoke at the Land Forecast Breakfast hosted by O’Connor & Associates, focusing on the overall land market trends of Texas. Will Condrey, of Cushman & Wakefield, also spoke at the event,

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