Local News

Real estate news in Atlanta

Harris County Median Home Price Falls at $130,000

According to a national study, the median home in Harris County is priced at $130,000. This puts Harris County about a third of the way down the national list for median

New Fees and Regulations Lead to Unhappy Homebuilders

In regards to new home starts, the Houston real estate market is currently leading the nation. Houston has also managed to keep property value from falling during recent years. Unfortunately for homebuilders, new fees and regulations for home construction

Martin Fein Acquires Willowick Court Townhomes

The Houston-based real estate management company, McCord Development Inc., recently sold the Willowick Court Townhomes to an affiliate of Martin Fein Interests, a real estate development, construction and management business. Fein plans on demolishing the 10-acre property, located at

Summer Sales Increase for Woodforest

It’s been a good year for Woodforest, the master-planned community located along a Montgomery golf course. This year’s new home sales show an almost 20 percent increase over last year’s through early

Huge Sales Increase for Riverstone Community

The community of Riverstone has set new records with 2011 new-home sales thus far, with a substantial increase over last year’s year-to-date sales for

Year-over-year Home Sales for August Reach Astronomical Heights

NASA may conduct training and space research at the Lyndon B. Johnson Space Center in Houston, but the area’s real estate may soon be joining those astronauts if it keeps posting year-over-year sales like it did in August. According

Up-and-Coming Neighborhood Glenbrook Valley Receives Historic Designation

Glenbrook Valley is steadily regaining popularity and growing into one of the city’s up-and-coming communities. The neighborhood, located on Houston’s southeast side, was marked as a historic designation earlier this summer. Residents say they are drawn towards the mid-century

Cypresswood Leads the Way for Energy-Efficient Senior Housing

Cypresswood Estates, a housing community for active adults over the age of 55, is a finalist for this year’s Multifamily Pillars of the Industry award by the National Association of Home Builders (NAHB). The grounds for the nomination: the

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