News / Features

National Real Estate News Briefs: NAR suspends open architecture project, cash purchases hit new high and more

The Realtors Property Resource (RPR), a subsidiary owned by the National Association of Realtors, is suspending its Advanced Multi-List Platform project and will promptly start to wind down its operations. NAR CEO Bob Goldberg made the decision to cut

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Seller profits hit 10 year high

Home sellers in Q4 2017 reaped an average home price gain since purchase of $54,000, the highest since Q3 2007, according to ATTOM Data Solutions’ Year-End and Q4 2017 U.S. Home Sales Report. In comparison, the average from the

Top 5 closings in Houston real estate for 2017

1) Harry Kuper, real estate professional of Kuper Realty Holding Company, closed the sale of Houston’s highest-priced house of 2017: the extravagant Emerald Lake Estate located on 37307 Diamond Oaks Drive in Magnolia, Texas for $17,500,000. Located 40 miles

This Week in Houston Real Estate: Thousands of Texans still left without homes after Harvey

Five months after Hurricane Harvey decimated the Houston area, there are still over 33,000 Texans living in temporary housing, including an estimated 4,300 people living in hotels. According to the PBSNewsHour, the U.S. Department of Housing and Urban Development

The Houston neighborhoods that saw the biggest gains in home prices in 2017

Houston’s housing market had a strong 2017, with the majority of its neighborhoods experiencing an increase in home prices. Of all of Houston’s core neighborhoods, Memorial Park had the largest growth in median housing prices from 2016 to 2017,

Pending home sales rise for third consecutive month

For the third consecutive month, pending home sales rose slightly in December, according to the National Association of Realtors. The Pending Home Sales Index, an indicator based on contract signings, rose to 110.1 in December, an increase of 0.5

Report reveals most financially valuable home projects

In this year’s Cost vs. Value report from Remodeling Magazine, “curb appeal” projects led the way with increases in value. The report measured the average payback for 21 common professional remodeling projects in 149 major U.S. markets. While only

Breaking down the barriers of real estate investment: A Q&A with Peter Vekselman from WeLend

Peter Vekselman has been working in the real estate industry for almost 20 years and completed more than 3,500 deals. With offices in Georgia, Florida and California, Vekselman has seen first hand the hurdles and difficulties that can come along

US housing market has recovered after crisis, but some markets still fall behind

Despite gradual but continued recovery in most housing markets in the United States since the recession wreaked havoc on the country, there is still major disparity due to uneven shifts and progression in individual market values. According to a

Taylor Morrison names Amy Rino as president of Houston division

Amy Rino was named the new Houston division president at Taylor Morrison. A Houston native, Rino was the Houston division president for Darling Homes since 2013. Now she will oversee the three Taylor Morrison Home Corporation brands in Houston:

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This Week in Houston Real Estate: Meridiana begins second phase of development

Community development project Meridiana recently underwent its second phase, with 300 homes planned for building. The first phase of the project, by Rise Communities south of Pearland, consisted of 420 sites. The prices for these homes range from $200,000

Luxury home sales increased to close out 2017

In its latest luxury market report, Redfin found that luxury home prices in the U.S. rose 7.4 percent year over year to an average of $1.76 million in the fourth quarter of 2017. The analysis tracked home sales in over 1,000

Millennials facing implications in the housing market

Several long-term economic factors, including the explosion of student debt, are making homeownership a distant goal for most millennials. In a new Apartment List report, a renter survey that elicited responses from more than 11,000 millennials across the United States,

Despite decline in December, 2017 still the best year for home sales in 11 years

Although most of the country experienced a decline in existing home sales in December, 2017 overall was the best year for sales in 11 years. They were up 1.1 percent from 2016, according to a recent report from the National

Mortgage industry top originator Risha Kilaru joins Guaranteed Rate

With 11 years of mortgage lending experience, top loan originator Risha Kilaru has joined Guaranteed Rate as Vice President of Mortgage Lending in California. Kilaru originated over $700 million in the last three years, including more than $268 million

Buying a home more affordable than renting in over half of US housing markets

ATTOM Data Solutions released its 2018 Rental Affordability Report, which showed that buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 U.S. counties analyzed. The analysis included recently released fair market rent

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