News / Features
By Peter Ricci New residential home sales increased 27.7 percent year-over-year in August to a seasonally adjusted annual rate of 373,000, according to the latest joint report from the U.S. Census Bureau and the Department of Housing and Urban development. From
Home prices in Texas remained strong as ever in July, with Dallas posting yet another solid month of growth in the July Case-Shiller Home Price Indices, rising 3.7 percent year-over-year in July. Standard & Poor’s does not track home prices
By Peter Ricci The U.S. mortgage delinquency rate declined by 10.6 percent year-over-year in the August First Look report from Lender Processing Services, an analytics firm that studies the mortgage markets and real estate industries. A study of approximately
In an effort to recover past losses, the Federal Housing Finance Agency (FHFA) is considering new g-fees in five states most affected by the housing downturn. Labeling its losses as “exceptionally high,” the FHFA has selected Connecticut, Florida, Illinois,
By Peter Ricci The Houston Association of Realtors (HAR) has signed a bilateral agreement with AMPI, the real estate association in Mexico, that solidifies the business relationship between agents in Houston and their neighbors south of the border. The
By Carlo Calma As part of its plan of continuing international expansion, Keller Williams Realty, Inc. has announced that they will be opening up two new franchises in Indonesia and South Africa during its annual Mega Camp event Sept.
By Peter Ricci Well, so much for our Trulia IPO skepticism – the real estate website became the latest tech darling yesterday when it’s stock hit the New York Stock Exchange, rising 41 percent and closing at $24 a
By Peter Ricci Multitasking is more than a catchy phrase uttered at business symposiums and on trade magazine websites; rather, it’s a survival mechanism, a key to successfully managing the endless array of tasks we all must completely on
By Peter Ricci National Association of Home Builders/Wells Fargo Housing Market Index rose for the fifth consecutive month in September, rising three points and reaching its highest level since June of 2006. A measure of builder confidence in the
By Peter Ricci Existing-home sales continued their positive readings in August, rising 7.8 percent from July and 9.3 percent from August 2011 as housing inventory continued to stabilize, according to the National Association of
Privately-owned housing starts rose in August to a seasonally adjusted annual rate of 750,000, a 2.3 percent increase from July and 29.1 percent increase from August 2011, according to the newest stats from the U.S. Census Bureau. In addition,
Single-family home sales in Houston posted their greatest one-month volume since 2007, in August, increasing 20 percent from August 2011 and sending housing inventory to its lowest level in more than 10 years. According to the Houston Association of
By Peter Ricci Late last week, the Federal Reserve responded to calls for action with another round of fiscal stimulus, by far its most ambitious yet. Operating under the sexy name of “quantitative easing” and involving the monthly purchase
By Peter Ricci The Federal Housing Administration (FHA) has eased some of its more stringent condo requirements through August 2014 to better serve the current housing market. Those requirements, some of which generated quite a bit of controversy with
If it doesn’t catch your eye, nothing will. A black & white photograph showing the unassuming facade of Girl & The Goat, the popular West Loop restaurant, yet standing in front of it are two highly conspicuous
By Peter Ricci A Freddie Mac repurchase plan, which would involve the GSE essentially forcing lenders to buy back toxic mortgages that it once guaranteed, could net the company as much as $3.4 billion, according to new analysis from the