Local News

Real estate news in Atlanta

Shea Homes Enters Houston’s Housing Market

  Shea Homes, one of America’s largest private homebuilders, announced it will be starting a new operating division in the Houston market. This will be the company’s first entry into Texas. Keith Luechtefeld, an experienced local market operator, has joined

RealtyTrac: Foreclosures at Lowest Level Since 2005

Foreclosure starts were down by a hefty amount in June, according to the Midyear 2013 U.S. Foreclosure Market Report from RealtyTrac. Foreclosures in the U.S. were down to their lowest level since 2005 in June, falling 21 percent from

Apartment Vacancy Rate Remains Unchanged, But Promise Lies Ahead

Reis analysis on apartment vacancy and rental rates show small potential in the second quarter In April, we read the first quarter 2013 analysis from Reis and learned the apartment vacancy rate was at the lowest point in a

How Rising Mortgage Rates are Affecting Prospective Homebuyers

Mortgage rates are at their highest levels in years, but how are they impacting the decisions of potential homebuyers? A new Trulia survey explains. Well, it was fun while it lasted! After falling for a sustained, seemingly endless length

CoreLogic: Foreclosure Inventory Down 29 Percent in May

CoreLogic’s National Foreclosure Report for May offered another dose of positivity for housing, with foreclosure inventory down by nearly a third. The U.S. foreclosure markets continued to improve in May, according to the latest National Foreclosure Report from CoreLogic.

70 Percent of U.S. Metros Featured on NAHB’s Improving Markets Index

More than 70 percent of metro areas in the U.S. are now a proud part of the NAHB’s Improving Markets Index, according to the association’s latest tally. A total of 255 metropolitan areas were featured in the July Improving

Harris County Home Costs Less Than a Target Backpack

A Target backpack can cost around $30. A 2,300 square-foot home in northwest Harris County sold at an auction for less than that. Penny Mansion, a penny auction real estate company, sold the home for $26.12 on Sunday, June

What are the Busiest Housing Markets in the U.S.?

Redfin’s Real-Time Fastest Markets Report offers an interesting glimpse at what housing markets are seeing the most activity. Is Houston among them? Housing demand lessened somewhat nationwide in May, according to the latest Real-Time Fastest Markets Report from Redfin,

Trulia: Houston Rents Outpace Home Prices in June

Asking prices in Houston were on a tear in June, according to the latest Trulia Price Monitor, though rents posted even stronger increases. Asking prices and asking rents in Houston showed considerable strength in June, according to the latest

May Home Prices Rise 12.2 Percent in CoreLogic Home Price Index

May was yet another month of double-digit home price increases, according to the latest Home Price Index from CoreLogic. Home prices in the CoreLogic Home Price Index (HPI) increased 12.2 percent year-over-year in May, the largest such increase since

Realtor Kelli Lowery Joins Better Homes and Gardens Real Estate Gary Greene Team

Better Homes and Gardens Real Estate Gary Greene announced the addition of Realtor Kelli Lowery to its Cy-Fair and Country Properties offices. Lowery will be assisting customers with both residential and farm/ranch properties in the Cypress and Waller areas.

FNC Index Shows Home Prices Rise in April, Housing Recovery Continuing

The housing market is moving towards recovery with U.S. home prices increasing, found FNC in its latest study of the market. U.S. home prices are continuing to climb in April, as stated by the most recent FNC Residential Price

Nichi Dunphy Tapped for Manager of Better Homes and Gardens Real Estate Gary Greene’s Galveston Office

Better Homes and Gardens Real Estate Gary Greene announced the appointment of Nichi Dunphy to the position of sales manager of the company’s Galveston office effective July 1, 2013. “Nichi is a top-producing agent with a broad range of

Are Texas’ City Home Prices Outpacing the Suburbs?

Housing prices have been uniformly increasing the last year, but a new Trulia study finds that city markets have the edge on their suburban competitors. City or suburbs? It’s one of the prevailing questions in real estate today, whether

And the Nation’s Top 10 New Construction Markets Are…

No industry was more affected by the housing slump than construction, but 10 markets in the U.S. have robust construction markets; is Houston one of them? Though nearly every industry in the U.S. was impacted by the economic downturn,

Texas Home Prices Strong and Steady in April Case-Shiller

Standard & Poor’s Case-Shiller Home Price Indices put up smashing numbers in April, and here in Texas, the situation was similarly promising. Texas home prices retained their strong, steady increases in the latest Case-Shiller Home Price Indices from Standard &