News / Features

The Oil Effect: What Makes Houston Different From Texas

States that rely heavily on oil and gas production are losing billions in tax revenues as the low price of oil continues to prompt companies to cut budgets, shrink workforces and, in some cases, file bankruptcy. Because of its

How Have Fannie Mae’s 3% Mortgages Affected Housing?

Fannie Mae’s 3-percent down-payment policy was met with praise and skepticism in equal parts, but how has it impacted housing? It was last October when Fannie Mae announced that, in an effort to broaden credit access, it would lower its

Luxury Townhomes Set to Come to Museum District

Manzel Contemporary Homes is building 29 townhomes in a new community called Museum’s Gate, which will be located on Portland Street, near Main Street and just behind The Museum Tower. “There is a sense of serenity and privacy to

Greater Houston’s Top Closings in November 2015

Click on the tabs below to see the top single-family, condo and multifamily closings in Greater Houston’s housing market in October. Single Family Condo Multifamily Single Family Sales Price Property Agent Office $3,500,000 Arrowwood Ci, 11682, Houston Joel Rankin J.D. Rankin

Pearland Sees Rise in Homebuilding Permits

The city of Pearland, about 12 miles south of the Texas Medical Center, reported a 52 percent spike in single-family homebuilding permits to 1,457 for fiscal year 2015, which ended Sept. 30. Residential permits in Pearland totaled $328.4 million

How Do American Driving Habits Affect Real Estate?

Although it’s still far from its pre-recession peak, car transportation is up There has been a significant increase in the number of Americans driving, according to a report released by Doug Short of Advisor Perspectives. The report looked at the estimated

Bluejack National Homes Are Selling Rapidly

Homes are selling rapidly at Bluejack National, Tiger Woods’ new luxury golf resort. Although the development has yet to open, 43 houses have already been pre-sold. The new residential community will also include an exclusive championship golf course designed by Woods.

The Hanover Company to Buy Land in Galleria Area

The Hanover Co. is under contract to buy land in the Galleria area. The Houston-based multi-family developer plans to purchase a parcel of land just south of its Hanover Post Oak luxury apartment tower off South Post Oak Lane. The deal is expected

Baby Boomers Breaking the Mold

Downsizing is a natural progression in housing we’ve come to expect of older generations, such as the aging Baby Boomers, whose preference for high square footage is diminishing as their children leave the nest and retirement sets in. But

HAR: Prices Slip With Oil in November

Houston’s real estate market has been in a tenuous state since the price of crude plummeted in late 2014, but in November a real crack finally surfaced, as home prices fell for the first time since Feb. 2012. According to

Realtor.com: Houston will be a Top Millennial Market in 2016

Houston will be the No. 8 housing market for Millennial homebuyers in 2016, according to a new analysis by realtor.com. With 26 Fortune 500 companies in the city, realtor.com cited the Bayou City’s strong economy and career opportunities for new college

CoreLogic: Texas Foreclosures Drop as New Year Approaches

October was another month of declining foreclosures, both nationwide and in most major metropolitan areas, a CoreLogic report confirmed this week. Dropping by just over 21 percent year-over-year, the nation’s foreclosure inventory reached a 1.2 percent share this past October,

Pew Trust: American Finances on Uncertain Footing

The economy continues to recover, but Americans’ finances are still stuck in the mud A surprisingly large share of Americans are in a precarious financial state, according to a new, detailed study from The Pew Charitable Trust. For its study,

Houston Ranked 15th Best College Town in U.S.

Houston provides strong opportunities at a fair cost Houston is the fifteenth best college town in the nation, according to a study released by WalletHub. The study looked not just at colleges themselves, but also the surrounding city and their

Fed Study: Housing Not Facing New Bubble

Prices are rising at a breakneck pace, but it’s not time to panic With record-setting home prices and skyrocketing rents, today’s housing market may seem naggingly familiar, like this might have happened before. Could the current boom result in another disastrous

Texas, Houston-Area Counties Show Serious Growth

Despite slumping oil prices, layoffs and labor shortages, Texas’ and the Houston area’s populations are among the fastest growing, according to new U.S. Census Bureau numbers charting U.S. population growth by county between 2009 and 2014. Eleven Texas counties made it

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