News / Features
It’s widely assumed the process of shopping for a home is easier today than ever, thanks to the proliferation of online search tools and easier access to real estate professionals. But when it comes to succeeding in that search,
After years of houses going for prices above the list value, 2018 saw the biggest drop in years, according to a recent report from Zillow. As of December 2018, 19.4 percent of homes sold above their list prices, the lowest
In a year defined by rising home prices, sellers fared well in 2018, according to a new report from Attom Data Solutions. Based on its analysis of public sales records across metro areas with at least 200,000 residents, the
Rice University plans to fully gut and rechristen the 270,000 square foot historic Sears building on Main Street in May and rename the property The Ion. The renovated building will host programming events, demonstrations and educational events, with restaurants
On Sunday, millions across the United States will pile on the couch, remotes in hand, and tune the TV to the biggest sporting event of the year. Some will only be there for the snacks, some will be desperately
Between 2013 and 2016, Chinese firms ramped up capital outflows to invest in more stable, lucrative markets, with American real estate among the most prized asset types. But the Chinese government has intervened to reduce foreign investment in an
Federal Reserve Chairman Jerome Powell sent the strongest signals yet that the central bank would hold off on raising the key federal funds rate, implying that consumer interest rates like those on home loans may not rise much higher
The White House has made a strong push in recent months for reform at Fannie Mae and Freddie Mac, two government-sponsored enterprises that work to stabilize the U.S. mortgage market. However, the administration’s plans for how exactly it would
Palta Inc. purchased a 3.2- acre lot in Sienna Plantation in Missouri City. They plan to construct retail space overlooking Houston Methodist’s emergency care center and primary care facility. Interest in the area increased last summer when an undisclosed
Homebuilders today are finding their business prospects increasingly pressured by higher costs for materials and skilled labor. Those costs — and financial strain — inevitably trickle down to real estate developers, homebuyers themselves and even the real estate agents
The residential property market continues to look better for prospective buyers as the trend of falling prices extends into the new construction segment. In the fourth quarter of 2018, according to data from Zillow, more than a quarter of
The downtown Houston skyline looks like it will get an addition in the form of one of its tallest residential buildings. Hines, a Houston-based developer, is planning a 46-story residential building at 414 Milam Street in the heart of
While the broader U.S. financial market has struggled to recover from a sudden drop in stock prices near the end of 2018, shares of major homebuilders have made big gains. The Wall Street Journal reported that since the start
The most recent existing home sales report from the National Association of Realtors found sales volumes decline on both a monthly and annual basis in the final weeks of 2018. December home closings touched their lowest annual rate since
Texas’ economy continues to hum along, with new numbers from the Texas Workforce Commission and the U.S. Department of Labor showing that 2018 ended on a high note. The state added 38,000 seasonally adjusting nonfarm jobs in December, the
Agents have a responsibility to do right by their clients in every way possible, but in the complex, lengthy process of buying and selling a home, not everything may be within an agent’s full control. Criminals and con artists