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Real estate news in Houston

Clear CapitalTM: Impact of BP Oil Spill Reaches Beyond Gulf Coast

Clear Capital, a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, released last week results from its Gulf Coast oil spill impact survey and analysis. Clear Capital is gathering and analyzing data

Houston Home Sales Cool Down Amid the Mid-Summer Heat

An anticipated property sales slowdown set into the Houston real estate market in July following the expiration of the federal homebuyer tax credit. The credit had propelled local home sales for four straight months beginning in March, however home

Stage Set For Class A Property Bankruptcy Auction of Gramercy Park Condominiums

Situs Inc. is assisting a Chapter 7 Bankruptcy Trustee with the preparations for a bankruptcy auction of the Gramercy Park Condominiums, a luxury mid-rise multi-family asset located in the prime Medical Center submarket of Houston, Texas. “Due to the

Jackson Walker Partner Receives Promethean Award

Jackson Walker Partner Randy Farber was recently honored by the Texas Rehabilitation Association with the Promethean Award. The Promethean Award is given to a person with a disability who has demonstrated self-motivation and personal courage in overcoming the disability

HomeAway Launches Gulf Coast Response Center

While progress has been made in the months-long battle to contain the oil from the Deep Water Horizon disaster, Gulf Coast vacation property owners face long-term implications to their travel and tourism business and property values. To help vacation

Houston Association of REALTORS Extends Data Liscensing Agreement with CoreLogic

By Tom Butala The Houston Association of REALTORS (HAR) renewed last week its data-licensing agreement with The First American Corporation’s CoreLogic. The Santa Ana California-based CoreLogic offers consulting, analytic and information-based services to clients; providing the real estate industry

FHA Launches Short Refi Opportunity for Underwater Homeowners

In an effort to help responsible homeowners who owe more on their mortgage than the value of their property, the U.S. Department of Housing and Urban Development has provided details on the adjustment to its refinance program which was

Taylor Morrison to Develop ‘Southern Trails West’ in Pearland, Texas

Taylor Morrison has purchased 165 home sites for Southern Trails West, a new community located at the intersection of FM 518 and Windward Bay Drive, about two miles from Pearland Town Center. Southern Trails West is west of Southern

Rofo Brings Real Estate Application to LinkedIn

Rofo has launched a new the new Real Estate Pro, an application for LinkedIn that is a plug-and-play social media tool for real estate professionals and landlords, creating a localized social media marketplace for brokers, and for businesses seeking

Behringer Harvard Acquires Luxury Apartment Community in Uptown Houston

Behringer Harvard announced today its acquisition of Uptown Post Oak, a luxurious multifamily asset comprising 392 apartment homes in the prominent Uptown district of Houston. The community is located eight miles west of Houston’s central business district on Post

Sales Volume of Texas Homes Up For Third Quarter in a Row

According to the latest Texas Quarterly Housing Report, released today, the volume of real estate sales in Texas increased for the third quarter in a row. The Texas Quarterly Housing Report is issued four times a year by the

New Coalition Urges Federal Government to Stop Dangerous Wall Street Home Resale Fees

A wide array of organizations including the American Land Title Association, the National Association of REALTORS, AFSCME, Vote Vets, the Center for Responsible Lending, the Property Rights Alliance and the Institute for Liberty launched ‘The Coalition to Stop Wall

Among Home Buyers, Satisfaction with Real Estate Companies Increases, While Satisfaction among Home Sellers Decreases Considerably

Reflective of the real estate buyers’ market conditions in many regions in the U.S., satisfaction with real estate companies among home buyers has improved from 2009, while satisfaction among home sellers has declined, according to the J.D. Power and

Remaining Endeavour Clear Lake Luxury Condos Hit Auction Block August 21

In what is anticipated to be the largest auction of luxury high-rise condominiums this year, Wonmore Ltd. announces it will sell all 35 of its remaining Endeavour Clear Lake residences on August 21, 2010 at the Intercontinental Hotel in

Behringer Harvard Acquires Two Luxury Multifamily Communities in Texas

Behringer Harvard announced last week its acquisition of multifamily communities in two Texas metro areas: Briar Forest Lofts in Houston and Fitzhugh Urban Flats in Dallas. Both investments were made through a joint venture between Behringer Harvard Multifamily REIT

Houston Single-Family Homes Sales Edge Up in June as Effects of Homebuyer Tax Credit Wane

According to the latest monthly data compiled by the Houston Association of REALTORS (HAR), June sales of single-family homes throughout the Houston market rose 2.9 percent compared to June 2009. That follows increases of 11.3 percent in March, 27.8

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