Local News

Real estate news in Houston

Bridgeland Keeps Expanding-in Developments and Recognition

Houston developer Bridgeland recently achieved a fourth place rating on Metrostudy’s list of top-selling master-planned communities, with strong sales (up 67 percent in 2010) and ambitious plans for further development, according to a press release. Sales continued to grow

Houston Luxury Properties Have More Sales Than Mid-Range Priced Properties

Reports show that luxury and affordable real estate is selling more than mid-range priced properties in June, but sales volumes remain below 2010

Houston Business Journal Ranks Greystar Real Estate Partners No. 1

Once again Greystar Real Estate Partners tops the list of largest Houston-Area residential property management firms by the Houston Business Journal. This list appears in the July 22 print edition of the

Prudential Gary Greene Named No. 1 Real Estate Brokerage in Houston by Houston Business Journal

Houston Business Journal recently announced that Prudential Gary Greene, Realtors took top place on its list of Largest Houston-area Residential Real Estate Brokerage Firms. The brokerage earned its No. 1 ranking with 6,214 transactions and over $1.44 billion in

Houston’s Walkability Score-How Walkability Can Benefit a City

Houston is the 23rd most walkable city among the 50 largest U.S. cities, with a walk score of 50 (out of 100), according to Walk

Three Historic Neighborhoods Emerge in Houston

The Houston City Council has added three neighborhoods to the city’s list of historic districts. Heights South, Woodland Heights and Glenbrook Valley will now be kept preserved for years to

Nationwide Home Sales Fall 0.8 Percent in June- Houston Holds Strong

Today, NAR reported that home sales dropped 0.8 percent, to 4.77 million, this June–8.8 percent below June 2010’s sale of 5.23 million

Have Something to Say? Blog for Us!

Do you have opinions about Houston’s residential market? Maybe you have suggestions for how to fix certain issues within the industry when it comes to agent professionalism, lending standards or how to move inventory. If you want to share

Next Boom Towns in the U.S.-Texas Expected to Dominate

The top boom town in the U.S. is expected to be Austin, Texas , according to recently released data from New Geography. Houston doesn’t fall far behind, earning a fifth place nomination, and San Antonio came in fourth, making

Houston Fights Back Against High-Rise Development

Many Houston residents don’t want their neighborhoods to resemble big-time cities such as New York, Chicago and Miami, all of which have several high-rises within the downtown areas. Houston, in fact, is outraged by developer’s plans to build a

Mary Katherine Turner Newest Hire at Conway McKenzie Inc.

John T. Young, Jr., senior managing director of Conway MacKenzie Inc., recently announced the addition of Mary Katherine Turner to the corporation’s Houston team. Turner will specialize in providing advisory services to clients facing distressed and bankruptcy

Former Mortgage Loan Officers Plead Guilty: Mortgage Fraud Scheme Believed to be Connected to Over 70 Defaulted Loans

Houston residents, Claymon “Butch” Trammell, wife Jeannettea Williams and daughter Michelle Trammell partook in a multi-million dollar mortgage fraud scheme; they have pleaded guilty of “conspiracy to commit wire fraud,” said Agent

Houston Notes Trend Toward Apartment Rentals

The market for single-family homes was down 11.9 percent last month, said the Houston Chronicle, adding to the belief that apartment rentals are gaining market

Heritage Texas Properties Donates Effort and Portion of Commissions To “Go Red” Campaign

Starting last month, many open houses around the Houston area were accompanied by heart shaped balloons, a token signifying the unusual unity of the real estate and health

Houston Real Estate Market Numbers Obscured by 2010 Tax Credit

The 2010 home buyer tax credit continues to obscure an accurate gauge of how the Houston real estate market is performing, according to the Houston Association of Realtors

Marcus & Millichap Seeks Commission Costs

The Southeast Texas Record reported that a lawsuit between Marcus & Millichap Real Estate Investment Services of Texas and Prime Income Asset Management has emerged, as the latter has supposedly failed to pay commission for the sale of the

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