News / Features

5 Important Housing-Related Details from the New Jobs Report

What details in latest jobs report bear the most significance for housing? The nation’s unemployment rate fell from 5.5 to 5.3 percent in June, while the overall economy added 223,000 nonfarm payroll jobs, according to the Bureau of Labor

Michael Jordan’s 23 Mansion Hits the Market

Michael Jordan is at it again. After three years of unsuccessful attempts to sell his Chicago-area mansion, the basketball star has decided to give it another try. With a new asking price at $14,855,000 (the numbers add up to

Distressed Sales Fall Considerably in Texas

Over the last year, distressed home sales have become far less prominent in Texas’ housing market Distressed sales throughout Texas comprised just 4.4 percent of all home sales in May, a marked drop from the 7.2 percent market share of a year ago,

Multifamily Construction Spending Leads Charge in 2015

Residential construction spending may be up in 2015, but some areas performing better than others Residential construction spending was at a seasonally adjusted annual rate of $359.5 billion in May, according to the latest data from the U.S. Census

Texas Top State in America for Making a Living in 2015

Thanks to no state tax on average income and low work incidents per 100 workers, Texas was ranked the number one state in America for making a living in 2015, according to a new study from personal finance site

Two Drag Queens take on Real Estate

A San Francisco broker got creative, casting two drag queens, Mercedez Munro and Katya Smirnoff-Skyy, in a Youtube video used to market one of his listings. The two drag queens used humor throughout the video to showcase to prospective

Public Puts a Stop to Echo Brickell Shark Tank

The much-anticipated Echo Brickell, a residential high-rise in Miami, originally had plans for a shark tank in the building’s lobby. Though, after a rendering of the shark tank was posted to Instagram, a change.org petition was established to put

7 Biggest Challenges Housing Faces in 2015

Recession technically over, but challenges remain for housing market Six years ago, the recession officially ended. However, 41 percent of Americans still think the housing crisis is happening, and a new study by the Joint Center for Housing Studies of Harvard University has

Clarendon, Vermont’s Historic Repurposed Gristmill

A Clarendon, VT gristmill built in 1880 has been repurposed into a three-bedroom house on a 2.1-acre plot, and it can be yours for $1 million. The property offers a total of six buildings, including a colonial-style house and

Australian Skyscraper Inspired by Beyoncé’s “Ghost” Music Video

Architects find inspiration for their work in a variety of things, including celebrities as it would appear. A new skyscraper in Melbourne, Australia, planned by the architectural firm Elenberg Fraser, was inspired by Beyoncé’s “Ghost” music video, where the

Brazilian Artists Build Vertical Home on Climbing Wall

In an attempt to challenge our ideas about living space, two Brazilian artists built a vertical house alongside a building using a climbing wall in Rio de Janeiro. Nailed to the wall are shelves, counters, a hammock, bed and

Houston’s Most Competitive Suburbs in May

Following up last week’s examination of Houston’s top selling suburbs in May, in which Spring claimed the top spot, we further delved into our Redfin-provided data to determine which suburban markets were most competitive. Friendswood and Seabrook, which came

Texas Home Prices Rise Strongly in Case-Shiller

Home prices positive in latest Case-Shiller, but are there signs of a slow down? Home prices in the Texas continued to post strong gains in Standard & Poor’s latest Case-Shiller Home Price Indices, with prices in Dallas rising 1.1 percent from March

Builders Trade Entry-Level for High-End

Construction is down in the market’s lower end, and economists say they know why The construction industry continues to make strides bringing more new homes to the market, a Census Bureau report on housing permits recently showed. But while

Houston’s $150 House

Instead of listing their home for $394,000, the appraised value of the property, a Houston-area Realtor and his wife decided on a more unique selling method. The couple launched www.150house.com, where buyers interested in their two bedroom, one bath

CFPB Announces Second Extension

The Consumer Financial Protection Bureau decided to again amend its proposal to extend the forthcoming TILA-RESPA Integrated Disclosure rule compliance deadline, this time pushing the effective date from Oct. 1 to Oct. 3. “The bureau proposed Oct. 3 as

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