News / Features

GHBA reveals 2018 Houston’s Best PRISM Award winners

The Greater Houston Builders Association (GHBA) announced Houston’s 2018 Best PRISM Awards, recognizing and encouraging excellence within Houston’s homebuilding industry. The black tie event was Stetsons & Stilettos themed and was organized by GHBA’s Sales and Marketing Council along

Houston in need of $12 billion to help households damaged by Hurricane Harvey

Houston still needs $12 billion in to help households that were impacted by Hurricane Harvey, according to a new report from The City of Houston. So far the city has received more than $3 billion in federal funding, which includes

Houston one of the top cities in the US for its foreign-born homeownership rate

The United States currently has the highest percentage of immigrants since 1910 with 13.7 percent of the population being foreign-born. This has led to economic growth from 2011 to 2016 that accounted for much of the nation’s post-recession growth

Real Estate in Brief: Americans still want their dream home, July foreclosure rates on the decline, and more

Americans are fixated on owning their dream homes despite the current housing market trends, a new survey from the PenFed Credit Union National Mortgage Survey revealed. Over the next two years 37 percent of adults and 52 percent of

Houston Association of Realtors honors 2018 Rising Stars in Real Estate

On October 4, the Houston Association of Realtors celebrated the 20 winners of the annual Young Professionals Network 20 Under 40 Rising Stars in Real Estate Awards. Selecting winners from a highly competitive list of entries, the award acknowledges quality in sales, leadership and community

Zillow: Younger Americans more likely to use money for down payment over renovations

Two-thirds of homeowners would prefer to renovate their current home rather than make a down payment on a new one, according to a new report from Zillow. Overall, it seems that homeowners are happy with their current homes, with

Rising home values can help homeowners, but it may cost them

Thanks to rising home values, more American homeowners are looking to tap into home equity that continues to grow, according to a recent survey conducted by Bankrate.com and research firm GfK f. But even though leveraging home equity into

This Week in Houston: New downtown park in development, bungalow homes coming to Montgomery and more

Downtown Houstonians may be able to spend more time outdoors after the Downtown Redevelopment Authority announced they released an acre of land in the area. The park will run along the 1500 block of Fannin. The DRA will pay

Compass partners with Waze to feature listings

Compass announced its new partnership with Waze.  Starting in October of this year, Compass listings will appear on the app’s live map thanks to the new real estate smart signs. “We’re taking our mission the move with the help

Houston home sales still up in 2018 despite September cooldown

It’s no secret that the Houston housing market is having an extremely strong year, and despite a relative slowdown in September, it continues to outpace 2017’s rate.  Home sales for September are down 5.8 percent compared to last year,

Real Estate in Brief: Inventory on the rise, Green Bay Packers get building, Trump tax evasion and more

  After almost five years of record-low inventory and record-high prices, prospective homebuyers are finally experiencing some relief. Realtor.com released their September housing report which revealed that new listings to the housing market saw an 8 percent increase over this time last year.

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The best elementary schools in Houston

  Homebuyers often consider the what school districts their children would attend when deciding on a home. A previous realtor.com study found that 22 percent of site visitors between the ages of 35-44 specified the appeal of living near good schools as one of their reasons

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What keeps buyers from new construction homes

New construction homes continue to attract buyers as 38 percent of total buyers considered buying a newly constructed home over the past year, according to a report released by Zillow Group. However, only 11 percent purchased one. Zillow found

Hugh Frater announced as Fannie Mae interim CEO beginning next week

Fannie Mae named Hugh Frater as the interim CEO as Tim Mayopoulos announced he will step down next week on Oct. 15. In July, Mayopoulos announced he would be leaving his position at the end of this year. Frater

Real Estate in Brief: New policy on reverse mortgages, annoying neighbors, and more

The Federal Housing Administration (FHA) issued this Friday that a new policy will be implemented on Oct. 1, requiring second property appraisal on loans previously indicated by the FHA as potentially having inflated property valuation from reverse mortgage lenders.

Developing Houston: Live like you’re on vacation at NorthGrove by Toll Brothers

Live like you’re on vacation every day of the year at NorthGrove by Toll Brothers, a 600-acre master planned community of single-family homes in Magnolia, TX. This country setting brings you close to nature without taking you far from

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