News / Features

CoreLogic: Houston the No. 2 Most Overvalued City in America

During the 2005 to 2007 bubble years, the gap between home prices and the long-run sustainable values in the U.S.’ largest 100 markets was approximately 10 percent, meaning that housing was 10 percent overvalued to its fundamentals. When the market

Brenna Dominguez Joins the RE/MAX Team

Realtor Brenna Dominguez has joined the RE/MAX team as a sales associate. She will be working at The Woodlands & Spring location. A grade school teacher for over a decade, Dominguez stated that experience cultivates her passion to help

22 Subcontractors Needed to Build the Average Home

According to a new National Association of Home Builders study, 70 percent of builders generally use between 11 and 30 subcontractors to build one single-family home. On average, a typical builder would use 22 subcontractors to build a house. Here is

Chaille Ralph Named as New President of Heritage Texas Properties

Heritage Texas Properties has named Chaille Ralph as its new president. Ralph was also last year’s chair of the Houston Association of Realtors. Robin Mueck, who previously held the title of president and CEO, has been promoted to chairwoman. Mueck also

Greater Houston’s Top Closings in August 2015

Click on the tabs below to see the top single-family, condo and multi-family closings in Greater Houston’s housing market in August Single Family Condo Multi-Family Single Family Sales Price Property Agent Office $7,140,000 River Oaks Blvd, 2406, Houston Marlene Rhoden Martha

HAR: Home Sales Fall in August, Prices Set Record

Houston sales fizzled in August after months of growth, but price appreciation remained hot, the Houston Association of Realtors reported. In terms of total single-family units, sales climbed by only 49 from the same time last year, an increase

Is Low Construction to Blame for Housing’s Inventory Woes?

A new NAR analysis argues that lack of new construction hinders housing growth New home construction is insufficient in a majority of metro areas, according to new research by the National Association of Realtors. NAR measured the amount of

realtor.com Unveils New Metrics Report…for Free

A few months back, Zillow Group, the new conglomerate of Zillow and Trulia, rolled out a new feature that allowed brokers to review a variety of listing metrics through its Zillow Data Dashboard, from impressions to total listing views.

Keller Williams Employee Base Increases Amidst Record Expansion

Keller Williams has increased its employee base by 17 percent since January 1 to more than 125,000 associates. In the first half of 2015, Keller Williams broke monthly records as the sales volume increased 26 percent to $100 billion,

Colorado Architecture Firm Expands into Houston

Last year, Aspen and Denver-based landscape architectural firm Design Workshop opened a temporary office in the Houston Technology Center to handle its quickly growing local client base. As a reflection of demand and the firm’s success in the city,

“America’s Most Original Home”

This 4,380-square-foot Scottsdale house, known as “America’s Most Original Home,” is on the market for $4.2 million. The structure was built  in 1980 by Sunnie and Bill Empire around billion-year-old granite boulders that sit in a ancient archaeological site. With boulders making up 60

CoreLogic: Foreclosures in Houston Hardly a Problem

Foreclosures continued losing market share in July, as inventory declined 27.9 percent from the same time last year, with completed foreclosures dropping 24.4 percent, according to CoreLogic’s latest report. Foreclosure inventory represented 1.2 percent of all mortgaged homes in

New Fannie Mae Index Finds Homebuyers More Confident in 2015

Fannie Mae’s Economic & Strategic Research Group has launched the Fannie Mae Home Purchase Sentiment Index (HPSI), which provides details about the direction of the housing market. The index reports that in August, the HPSI dropped to 80.0 from 0.5 points,

Report Finds Houston Homes at High Natural Disaster Risk

Around the nation, the risk of natural disasters varies depending on a number of factors, including geographical makeup and location. In its 2015 U.S. Natural Disaster Housing Risk Report, RealtyTrac found that 35.8 million single-family homes and condos, or

Chef Wolfgang Puck’s Estate Hits the Market

Looking for a kitchen fit for a culinary mastermind? Chef Wolfgang Puck‘s private Mediterranean-style villa in Beverly Hills Flats could be the house for you. The 6,025-square-foot homes offers five bedrooms, seven baths, a courtyard, a pool, outdoor entertainment areas and

CoreLogic: Houston Home Price Appreciation Speeds Passed Nation’s

Home prices were up again in July, according to a new report from CoreLogic. Year-over-year, home prices, including distressed sales, jumped 6.9 percent nationwide, while excluding distressed prices increased 6.7 percent. The price increases reflect an overall strengthening of

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