News / Features
Nearly one third of homes for sale experienced a price drop of more than 1 percent this October, according to report by real estate brokerage Redfin. The report foreshadowed a market cooldown, finding October’s decline in home prices to be the largest
Houston developers Steve Radom and Scott Arnoldy have teamed up on new building renovation project M-K-T. The developers are looking to remodel a 12-acre site in the Heights district into a 200,000 square foot location consisting of high-end office space, retail locations, restaurants and a fitness center.
The Federal Housing Finance Agency, which oversees the federally owned mortgage corporations Fannie Mae and Freddie Mac, announced Nov. 27 it will increase its conforming loan limits for the third consecutive year in 2019. After not changing the limits
Independent mortgage lender Guaranteed Rate announced Nov. 27 that it would expand its presence in Hawaii with the acquisition of assets and staff from local lenders including Honolulu HomeLoans (HHL) and Hawaii Lending Alliance (HLA). The company said it
One of the largest residential real estate brokerages in the U.S., Berkshire Hathaway HomeServices, will open more international franchise locations throughout Europe and the Middle East. According to Bloomberg News, BHHS will partner with London franchisee Kay & Co.
The latest reading of the U.S. housing market — the S&P CoreLogic Case-Shiller Home Price Index for Sept. 2018 — showed yet another sign of sluggish price growth. S&P’s key 20-city composite index showed that home prices in the
A joint proposal by three federal agencies released Nov. 20 could speed up an estimated 40 percent of residential real estate transactions in the U.S. by changing requirements surrounding appraisals. Under the proposed rules, certain residential real estate transactions
There is a growing trend throughout several markets involving property listings that don’t appear on that market’s multiple listing system. The idea around private listings, or pocket listings, office exclusives or a number of other names, has been known
After six months of declines, existing home sales posted a month-to-month increase in October, according to the October report from the National Association of Realtors. Total existing home sales rose 1.4 percent from September to 5.22 million single-family homes,
Senators Tim Kaine and Orrin Hatch have introduced a bipartisan bill that would expand the Fair Housing Act to include low-income families and veterans. The “Fair Housing Improvement Act of 2018” expands the anti-discriminatory language of the original law
Whether hiring help or tackling a do-it-yourself project, home improvement is expensive, time consuming, and typically more than most have bargained for. However, homeowners are discovering that juggling home repairs are a lesser compromise when exchanging rent for mortgage
Ultra Violet was named the 2018 color of the year by Pantone. However, brash colors outside the “thoughtful” purple shade are seemingly best avoided when selling a home. “A fresh coat of paint is an easy and affordable way
Heading into the winter months, many Americans are seeing the housing market cool off. According to ValueInsured’s Q4 2018 Modern Homebuyer Survey, 75 percent of Americans believe their local housing market is cooling off. Additionally, 67 percent of those
Houston ranked No.1 in a list of U.S. cities with the largest home sizes, according to a study conducted by LendingTree. The database evaluated the median home size and value for single-family homes, finding the cost per square foot
The Fort Bend Independent School District had the most annual new home starts within its perimeters among all Houston area districts, according to new housing research data from Metrostudy. The study found that within the 12-month period, ending in September 2018,
New tech-savvy companies have entered the housing industry, are challenging traditional real estate agents, and are now moving to the Houston area. These companies, called iBuyers, are products of a developing industry of technology centric real estate companies. These companies purchase homes
