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Real estate news in Atlanta

HUD outlines Harvey disaster assistance for homeowners

The U.S. Department of Housing and Urban Development announced last week that it is sending federal disaster assistance to Texas to help homeowners and low-income renters who have been forced from their homes after Hurricane Harvey. HUD is providing

Rates of homeownership are still drawn upon racial lines, study finds

Buying a home remains a goal for many Americans. However, the road to homeownership is rockier for some than for others. A new Apartment List report reveals that the rate of homeownership in the United States varies greatly by

Housing affordability proves problematic for Houston’s low-income renters

A new study by Zillow reveals that rent growth continues to eclipse income growth for Houston’s lowest-income residents. The report – which considered both multifamily rent prices and U.S. Census data – concluded that even the cheapest apartments in

Lawmakers dispute claims that homeowners need to file flood claims by Sept. 1

As homeowners begin to assess the damage their homes incurred due to Hurricane Harvey, many lawyers are encouraging residents to file their insurance claims before Sept. 1 before a new state law goes into effect. However, some state lawmakers

More than half of Houston properties at risk of flooding are not in designated flood zones

According to an analysis from CoreLogic, more than half of properties in the Houston metro at high or moderate risk of flooding are not in designated flood zones. CoreLogic found that 52 percent of residential and commercial properties in

Low-interest federal loans available for Houston homeowners affected by Harvey

Homeowners, nonprofits and businesses in Houston and other parts of Texas will have access to low-interest loans from the federal government following Hurricane Harvey. The U.S. Small Business Administration activated its disaster loan program for 18 counties in Texas

Houston continues to be affected by Hurricane Harvey

Nearly three feet of rain has fallen in some parts of Houston and much more is expected in the upcoming week, according to the National Weather Service (NWS), as Hurricane Harvey continues to pass through southeastern Texas. The storm

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Nonresidential construction rates fall in Houston, report finds

Though the amount of construction in Houston might seem abundant to its residents, the dollar amount spent on construction starts is actually on the decline throughout the city. A recent report by Dodge Data & Analytics reveals that the

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How much do you need to make to live in neighborhoods around Houston?

Even though Houston is known as an affordable real estate market in the country, some of the neighborhoods throughout the city have some high-end price tags. Houston Properties analyzed the median home prices in 52 Houston neighborhoods and estimated

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On the move: Why Houston renters are relocating in droves

Despite settling in Houston, a recent Apartment List report suggests that many of the city’s renters aren’t so settled after all. The survey – which consists of nearly 24 thousand metropolitan renters nationwide – reveals that 56 percent of

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International home sales in Texas doubled from last year

Texas saw a major surge in international home sales with the state ranking second among U.S. states for international home sales volume, according to the Texas International Homebuyers Report from the Texas Association of Realtors. The report found that

Houston residents are choosing to move elsewhere, report finds

Houston home sales and prices have been rising, but locals aren’t choosing to stay there. According to Redfin’s recent migration report, Houston ranked seventh for portion of local Redfin users searching elsewhere for homes. The study analyzed online home search

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Houston market sees 10th straight month of increase volume sales

Houston’s home market saw its 10th straight month of increased sales, although the market is showing a slight slowdown. According to the Houston Association of Realtors, there were 7,440 single-family homes sold in July, which is up 5 percent from last

Neighborhood social network Nextdoor launches real estate listing service in Houston

Nextdoor, a neighborhood social network that allows neighbors to stay in touch with each other, is often used to sell items or share messages from a local homeowners’ association. However, the website is now dipping its toe into the

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Houston has some of the highest hidden homeownership costs in the country, report says

Potential buyers often judge a home’s affordability by looking at list price or mortgage rate alone. However, it’s crucial to take additional, more overlooked costs into consideration before purchasing a property. According to a recent Zillow report, Houston has some

Houston home market considered overvalued, report finds

According to the CoreLogic Market Conditions Indicators data, the Houston–The Woodlands–Sugar Land MSA is considered one of four markets that is overvalued in June. The report defines an overvalued market when home prices are at least 10 percent higher

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