News / Features

Houston: Affordably Overvalued

Data labels Houston both overvalued and affordable. Which is it? In a dual series of reports released recently by Forbes, Houston is targeted as both a city suffering from overvaluation, and one benefiting from its relative affordability. From the

3 Things to Keep in Mind as New Home Sales Near 7-Year High

New home sales up quite a bit so far in 2015, but many market forces remain at work The good news continued for new construction in May, with new home sales rising 2.2 percent from April and 19.5 percent from May

NAR: International Sales Total $104 Billion

Although international home sales declined last year, total dollar volume saw a 13 percent increase, according to the latest report from the National Association of Realtors. From April 2014 to March 2015, total international sales were at an estimated $104 billion, compared

Existing Home Sales – and Prices – Rise in May

NAR reports home sale increases, though prices also continued to rise Existing-home sales rose 5.1 percent in May up to a seasonally adjusted annual rate of 5.35 million, up from an upwardly revised 5.09 million in April, according to

Houston’s Top Selling Suburbs in May

Houston’s suburbs posted strong sales in May Much was the same in Houston’s suburbs this past May, as Spring and Katy continued leading in total sales – though, their positions were reversed from April – according to new data

A New York Landmark: The Mushroom House

In the 1970s, an architect and sculptor came together to design what is now known as the Mushroom House, a 4,000 square-foot property in Perinton, New York’s Powder Mills Park that resembles a mushroom. The property, built on concrete

A Cheesy Bid

Free pizza for life and an extra $26,000 doesn’t sounds so bad, does it? A Portland couple found themselves in an interesting situation when they received four offers within three days on their Portland home. Fortunately for one of

The Pros and Cons of Foreign Real Estate Investment

The short term benefits and long term detriments of international buyers in the U.S. market International investors in the real estate market has been something of a hot topic over the past few years. Since the housing market crash,

Snakes in a House?

A Maryland couple has filed a $2 million lawsuit against a realtor for allegedly selling them a $410,000 home they claim is infested with snakes. To make matters worse, the couple claims the former owners were aware of the

Builder Confidence Hits Yearly High in June

Builder confidence in the market for newly built, single-family homes in June rose five points to 59 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). That is the highest level of confidence since Sept. 2014.

Why so Few Renters are Buying Homes

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

CFPB Proposes TILA-RESPA Delay

  On June 17, the Consumer Financial Protection Bureau announced a proposed amendment to delay the effective date of the TILA-RESPA Integrated Disclosure (TRID) from Aug. 1 to Oct. 1, 2015. In the announcement, CFPB Director Richard Cordray described

Maine’s Ferry Ride to Grace Estate

In 1918, New York City’s then-mayor, William Russell, had a 17-room mansion constructed for his daughter on an island in Islesboro, Maine. Known as Grace Estate, the waterfront property, now valued at $9.5 million, sits alone, surrounded by Penobscot

TILA-RESPA: A Builder’s Perspective

How builders should prepare for TILA-RESPA Pending the approval of a proposed amendment to extend its compliance deadline to Oct. 1, in less than two months, the real estate industry will find itself operating under of TILA-RESPA. Depending on

Top 10 Dangers Facing Brokers Today

Brokers and their businesses face 10 big dangers – none of them easily solved The real estate industry is on a precipice, and how it falls from that point will determine its future. That was the central statement – if not

Multifamily Housing is Driving New Construction in 2015

New construction up in 2015, rising on the shoulders of the multifamily sector Housing starts may have been down 11.1 percent from April to May in the Census Bureau’s latest report, but building permits were an entirely different story.

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