Last fall, the price of oil plummeted by 50 percent and Houston industry insiders claimed all was well. When energy companies started laying off thousands, many claimed Houston’s economy was strong and described the forthcoming effects on real estate

Mortgage markets have improved, but the inequities are still pronounced Black mortgage applicants in the Houston area are denied at a much higher rate than all applicants, according to new research from Zillow. In 2014, 17.3 percent of black mortgage applicants in Houston were

InterLinc Mortgage Services, LLC recently announced two new additions to the company’s leadership team: David Scheiderich joins InterLinc as executive vice president and chief financial officer; and Brennan Holland joins as executive vice president and general counsel. “David and Brennan’s extensive

In September, foreclosure inventory continued its rapid decline, falling 24.3 percent since the same time last year, a new CoreLogic report found. As a testament to the market’s recovery – and a more total economic recovery – since the

Click on the tabs below to see the top single-family, condo and multi-family closings in Greater Houston’s housing market in October. Single Family Condo Multi-Family Single Family Sales Price Property Agent Office $5,065,000 Inwood, 3660, Houston Tim Surratt Greenwood King Properties

First-time homebuyers continue to lose market share in today’s housing market First-time homebuyer share has dropped to its lowest level in 27 years, with just 32 percent of all existing-home sales going to first-time buyers in 2015. That was one

In 1855, the Gustav Mayer House was built by New York Militia commander David Ryers on Staten Island. The 7,700-square-foot, 10-bedroom mansion has had a few owners since then, and fell into disrepair after the infamous real-life subjects of

A new study from Bloomberg Business has rated Houston as the ninth-richest city in the U.S. The gross metropolitan product per resident in Houston, according to Bloomberg, was $70,097.  Boston’s biotech industry has greatly impacted the cities GMP. Since 2008,

October was more of the same for the U.S. job market, but was it enough to sway Fed policy? The U.S. economy added 271,000 jobs in October and the unemployment rate held firm at 5.0 percent, according to the

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications decreased 0.8 percent from the week prior. Refinancing activity decreased by 1 percent, while purchase mortgages rose by 20 percent. Refinancing comprised 59.5 percent of all

It’s been more than a month since the TILA-RESPA Integrated Disclosure (TRID) guidelines came into effect, and so far, the industry hasn’t devolved into total chaos. But that doesn’t mean lenders still aren’t worried. Financial services company Wolters Kluwer

Houston schools were heavily represented in Newsweek’s recently released report “America’s Top High Schools 2015,” with 12 schools finding a place among the publication’s rankings. The schools were evaluated on a range of criteria, from graduation rate to the

Realty Associates has merged with Latter and Blum Inc., a real estate brokerage in Louisiana and the Gulf South. Now, Realty Associates has access to a network of 30 residential and commercial real estate brokerages that annually accumulates nearly 15,000

In September, single-family home prices, including distressed sales, jumped 6.4 percent year-over-year, according to CoreLogic. For more than a year, national home prices have followed a steady, upward trajectory toward long-term stability. CoreLogic Chief Economist Sam Khater described the last 15

Yesterday, Houston area residents went to the polls and voted to not elect a mayor, to continue as one of the only major metros in the state and country without a strong equal rights policy in the law books, and

There’s been a lot of political posturing as of late, with partisan pundits and presidential candidates butting heads over everything from tax strategies to affordable housing, but one issue that, surprisingly, has remained largely left out of the conversation is