News / Features

Builder Confidence at Highest Level Since Oct. 2005

Builder confidence in the market for newly constructed single-family homes rose another point to 62 points on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the highest number since October 2005. David Crowe, the

CoreLogic: Texas Outperforms Nation in Equity Report

Since last year, more than one million homes have found their way out of negative equity, a report from CoreLogic revealed. Since the second quarter of 2014, when 5.4 million homes, or 10.9 percent of all residential mortgages, were underwater, strong

“The Flintstone House”

Live like our favorite couple from the Stone Age, the Flintstones, in this 1970s home, which is on the market for $4.2 million. According to Curbed, architect William Nicholson constructed the property as “an experiment in innovative building materials.”

MBA: Mortgage Applications Decline in Weekly Survey

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications declined 7.0 percent from the week prior. Refinancing activity was down by 9 percent, while purchase mortgages were down by 4 percent. Refinancing comprised 56.2

Houston has 4th Highest Commuting/Utility Costs in U.S.

Houston hit by expensive commute and utilities Houston was ranked as the city with the fourth most expensive commuting and utility costs, according to a Trulia study released today. The study found that 50.1 percent of the median monthly middle-class income in

Millennials Still Living at Home, Facing Economic Hardships

A Pew Research Center study highlights the problems facing Millennials who attempt to purchase a home A new study released by the Pew Research Center highlighted that Millennials are still struggling to live independently, despite the strengthening job market. While the

RE/MAX Woodlands and Spring Adds New Agent

RE/MAX Woodlands & Spring has welcomed Helena Jaramillo to its team. Jaramillo previously worked in hospitality and prides herself in her ability to take care of her customers’ needs. “I have always worked in a customer service-heavy industry,” Jaramillo said. “I know if

Fannie Mae Announces HomeReady Affordability Program

Plan revamps mortgage program to better benefit borrowers’ needs People with low to moderate income are gaining a boost when it comes to getting a mortgage. In an effort to better suit borrower needs, Fannie Mae has announced they

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.

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