News / Features

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

Single women build less home equity over time than single men, report finds

A new Redfin report shows that since 2012 single women have earned about 92 cents for every dollar of home equity earned by single men. In an analysis of 79,517 homes purchased in 18 of the largest cities by

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

New data shows national home prices jump to all-time high

The latest S&P Dow Jones Indices shows that in June 2017, home prices around the country continued to increase, marking a year of gains. Prices jumped 5.8 percent over May 2017, according to the data released Aug. 29. The

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

National Association of Realtors urges reauthorization of federal flood insurance program

In the aftermath of Hurricane Harvey, the National Association of Realtors (NAR) has created a petition encouraging members to support the reauthorization of the National Flood Insurance Program (NFIP), which is set to expire Sept. 30. The NFIP was

Study: FSBOs sell for less than agent sales

With ample technology available today, many homeowners who are looking to sell might think they can go it alone and still net the same price as they would when working with a real estate agent, but a recent study

Foreclosure rates lowest in a decade

Are we seeing the light at the end of the tunnel? For the first time since February 2007, foreclosure inventory has fallen below 400,000. Black Knight Financial Services released a report showing that in July 2017 the number of

Millennial confidence in homebuying dipped to lowest point in 18 months

The millennial reputation is often one of rebelling against tradition. However, there appears to be at least one that is important to them. A recent survey shows that most millennials still want to buy and own a home —

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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Judge dismisses Zillow ‘Zestimates’ lawsuit

On Wednesday, a U.S. district court judge dismissed the Illinois lawsuit against Zillow’s Zestimate tool — a win for the Seattle-based real estate company. The original lawsuit was filed in May by a Glenview homeowner who claimed that the

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July new home sales dip after a successful June

According to new data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in July fell 9.4 percent to a rate of 571,000. “The year-to-date growth shows that

Everybody wants to be a millionaire: 346 new millionaire neighborhoods in U.S.

What would you do with a (couple) million dollars? If you are in the U.S., it looks like people are using it to buy homes. A report from Zillow shows that since 2014, 346 more neighborhoods have reached millionaire

The top five risks Americans consider when buying a home

As with any major investment, there is much to worry about when it comes to purchasing a home. For many potential buyers, the road to ownership is often blocked by personal hazards such as growing student loan debt, limited

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