Indiana-based multifamily developer The Garrett Cos. recently acquired a large piece of land in the Lake Houston area. The 17.7 acres will be used for a new luxury apartment project. The undeveloped land is about six miles north of

Andy Warhol’s 30-acre Montauk estate in the Hamptons is on the market for $85 million. The property, which was originally built as a fishing camp, offers an equestrian center, seaside main house and six cottages. Warhol bought the property

Progress has been made on negative equity front, but troubling trends persist In the Houston housing market, only 6.5 percent of mortgage holders remain underwater, but a majority of those holders will not reach positive equity for some time. That was the sobering

Mario Negron of RE/MAX Prestige – Houston New Home Team ranked sixth on the National Association of Hispanic Real Estate Professionals‘ (NAHREP) list of Top 250 Hispanic Agents in the U.S. The list, which ranked agents based on the

Supreme Court rules disparate impact claims will be covered under FHA Discriminatory intent is irrelevant in cases of disparate impact, the U.S. Supreme Court ruled today in a tight 5-4 decision, where Justice Anthony Kennedy proved the decider. In

Michael Jackson’s 2,698-arce Neverland Ranch is on the market for $100 million. After purchasing the property for $18 million in 1988, Jackson added a Ferris wheel, a carousel, two trains, bumper cars and his own zoo in addition to

Some builders have avoided green building for fear of costs. Turns out, it could help them make money Environmentalists have long urged developers to design more green buildings, but faced with the high immediate cost of sustainable materials and

According to NAI Partners of Houston, the downsizing in the energy industry has caused the available sublease space in the Houston office market to rise 61 percent in only one year. The sublease space is concentrated primarily in West

A decision to redefine a landmark housing civil rights bill could come as early as tomorrow A handful of landmark cases in the Supreme Court this year – Obamacare and same-sex marriage – threaten to overshadow a soon forthcoming

The first commercial development in Bridgeland, a master planned community in Cyprus, has broken ground. Located along Fry Road, Lakeland Village Center will include 84,000 square feet of mixed-use developments, such as retail, restaurants, and professional and medical offices.

While one real estate agent expected a property rumored to be haunted would be hard to sell, she found the exact opposite to be true. A Joliet, Ill. mansion sold above asking price during a bidding war within a

The National Association of Realtors face 10 big dangers – none of them easily solved What are the threats that could impact the residential real estate industry? NAR’s “Danger Report,” a new report commissioned to the Swanepoel | T3 Group, analyzes the

In a housing market pitted against the youngest generation, Houston remains affordable for Millennials. Although skyrocketing housing costs and limited space have kept Millennials from buying housing in popular metropolitan areas, Huston housing is still in the range of

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

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

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