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Real estate news in Atlanta

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

Google and SolarCity Collaborate to Create a $280 Million Solar Project Fund

Texas will be one of nine states, accompanied by the District of Columbia, to be eligible for a lease project catering to the alternative energy market, which was recently made public

Job Growth Attracts Developers to Houston

With strong job growth in Houston, developers including Centex, Taylor Morrison Homes and Coventry Development are setting their sights on a locally anticipated recovery, as they move ahead in construction

Houston Boasts Job Growth and Affordability on the Way to Recovery

As many cities struggle to overcome the recession, Houston seems to be slowly making their way toward recovery – with many aspects of its economy showing positive

Phoenix Commotion’s Goal: Proving Sustainable Homes are Affordable

Phoenix Commotion was founded 12 years ago, with a goal of proving that attractive, affordable homes are possible. So far, the company is inching toward this

New A&E Show “Flipped” to Premiere in Late 2011

A new A&E series, “Flipped,” will follow Houston “Survivor” saboteur, Russell Hantz as he attempts to “buy low, renovate cheap, and sell high.” The series, which consists of seven one-hour episodes, is expected to premiere late in the

Bank Ordered Auction for Beach-Front Condos

Beach-front condos with resort-style amenities will be auctioned off next month for half of their original asking price. On June 5, 22 condominiums at Diamond Beach, originally priced from $445,000 to more than $1 million will be auctioned off

Texas Foreclosure Activity Decreases in Q1

RealtyTrac released yesterday its U.S. Foreclosure Market Report for the first quarter of 2011, which shows foreclosure filings were reported at a 15 percent decrease from the previous quarter and a 27 percent decrease from the first quarter of

Home Prices, Inventory Up in Houston Market

Altos Research has released its April 2011 Real Time Housing Market Update, showing an improvement in Houston home prices compared to the month

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