News / Features

CoreLogic: Foreclosure Inventory Down 29 Percent in May

CoreLogic’s National Foreclosure Report for May offered another dose of positivity for housing, with foreclosure inventory down by nearly a third. The U.S. foreclosure markets continued to improve in May, according to the latest National Foreclosure Report from CoreLogic.

70 Percent of U.S. Metros Featured on NAHB’s Improving Markets Index

More than 70 percent of metro areas in the U.S. are now a proud part of the NAHB’s Improving Markets Index, according to the association’s latest tally. A total of 255 metropolitan areas were featured in the July Improving

The Biggest Challenge Facing Brokerages? Agents’ Age

Real estate brokerages face plenty of challenges, but according to a new survey, the increasing age of real estate agents comes out on top. It was just two months ago that the National Association of Realtors reported that only

Harris County Home Costs Less Than a Target Backpack

A Target backpack can cost around $30. A 2,300 square-foot home in northwest Harris County sold at an auction for less than that. Penny Mansion, a penny auction real estate company, sold the home for $26.12 on Sunday, June

Fannie Mae: Homebuyers Expected to Enter the Market Sooner

Fannie Mae’s National Housing Survey for June offered further evidence of the housing recovery, with more homebuyers looking to enter the marketplace. According to Fannie Mae’s June 2013 National Housing Survey, mortgage rates and housing prices are perceived to be

What are the Busiest Housing Markets in the U.S.?

Redfin’s Real-Time Fastest Markets Report offers an interesting glimpse at what housing markets are seeing the most activity. Is Houston among them? Housing demand lessened somewhat nationwide in May, according to the latest Real-Time Fastest Markets Report from Redfin,

5 Essential Details About Foreign Homebuyers

Foreign homebuyers made up nearly $70 billion in sales in 2012-2013, and they revealed distinctive patterns during that time frame that agents should know. We reported earlier this week that, though constrained by weak international economics and exchange rates,

Trulia: Houston Rents Outpace Home Prices in June

Asking prices in Houston were on a tear in June, according to the latest Trulia Price Monitor, though rents posted even stronger increases. Asking prices and asking rents in Houston showed considerable strength in June, according to the latest

Construction Spending Hops 5.4 Percent in May

Another month, another rock-solid collection of data on the residential construction industry from the Census Bureau. May was another solid month for the construction industry, with spending on new projects increasing by 5.4 percent year-over-year, according to the latest

May Home Prices Rise 12.2 Percent in CoreLogic Home Price Index

May was yet another month of double-digit home price increases, according to the latest Home Price Index from CoreLogic. Home prices in the CoreLogic Home Price Index (HPI) increased 12.2 percent year-over-year in May, the largest such increase since

Is the U.S. Mortgage Marketplace Improving?

It’s been a wild ride for the U.S. mortgage marketplace in recent years, but things are on the mend according to the latest report from LPS. To say the least, the post-housing boom marketplace has been an eventful one

Foreign Homebuyers Total $68.2 Billion in Sales in 2013

Foreign homebuyers contributed $68.2 billion in sales in 2013, a number that, though certainly big, actually represents a step back from 2012. Are foreign homebuyers losing their appetite for U.S. real estate, or are international economic forces prohibiting them

Realtor Kelli Lowery Joins Better Homes and Gardens Real Estate Gary Greene Team

Better Homes and Gardens Real Estate Gary Greene announced the addition of Realtor Kelli Lowery to its Cy-Fair and Country Properties offices. Lowery will be assisting customers with both residential and farm/ranch properties in the Cypress and Waller areas.

Pending Home Sales Hit Six-Year High in May

Pending Home Sales had a smashing May, according to the National Association of Realtors, hitting a six-year high as more homes went under contract. The month of may was a very good month for pending home sales, with the Pending

FNC Index Shows Home Prices Rise in April, Housing Recovery Continuing

The housing market is moving towards recovery with U.S. home prices increasing, found FNC in its latest study of the market. U.S. home prices are continuing to climb in April, as stated by the most recent FNC Residential Price

Nichi Dunphy Tapped for Manager of Better Homes and Gardens Real Estate Gary Greene’s Galveston Office

Better Homes and Gardens Real Estate Gary Greene announced the appointment of Nichi Dunphy to the position of sales manager of the company’s Galveston office effective July 1, 2013. “Nichi is a top-producing agent with a broad range of

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