News / Features

A Home Sale is Worth How Much to the Economy? Try $56,464

We often hear about how beneficial home sales are for the greater economy, but NAR has finally done the research and slapped a value on the whole process. Housing, the narrative goes, is among the most versatile and dextrous

Majority of Americans Expect Home Prices to Increase

American consumers are growing more and more confident with the housing recovery, according to Fannie Mae’s latest National Housing Survey. More than half of American consumers expect home prices to rise within the next year, according to the latest

Freddie Mac, Fannie Mae Post Insane, Multi-Billion Dollar Q1 Incomes

Freddie Mac and Fannie Mae, those long beleaguered GSEs, put up some of the strongest incomes in their history in 2013’s first quarter. After putting up their most impressive numbers in years in the final months of 2012, both

Trulia: Houston Rents Soar in April

Nationwide, asking prices outpaced rents in Trulia’s April Price Monitor, but the rental market only grew in strength in Houston. The latest Trulia Price Monitor, which analyzed rental and single-family home listings on the syndication site, spelled a familiar

The 4 Key Traits of Today’s First-Time Homebuyers

First-time homebuyers represent a hugely important swath of the homebuying public, and a new study has pinpointed some of their key characteristics. First-time homebuyers serve an integral role in the U.S. housing market. Along with comprising between 30 and

CoreLogic Home Price Index Jumps 10.5 Percent

CoreLogic’s Home Price Index has been on a tear the last year, and its findings for March 2013 were its strongest findings yet. The March CoreLogic Home Price Index put up its best numbers yet in the housing recovery,

How Do Houston’s Housing Costs Compare With Other Cities

Competitive home prices and low interest rates created record affordability levels, but a new study finds housing costs are still quite high for many. Competitive housing prices and falling interest rates pushed housing affordability to record levels in 2012,

CBO Report Finds Huge Savings in Principal Reduction Policy

The FHFA has been resisting calls for a principal reduction program, but a new study by the CBO has lent considerable heft to the policy’s corner. It’s been an ongoing saga, one of Shakespearean proportions: will the FHFA ever

Houston’s Housing Market Activity Stays on a Hot Streak

Houston’s housing market activity increases prices, creates bidding wars and encourages buyers to snatch up the little inventory that is left. Houston’s housing market activity has driven up prices and created bidding wars for the best properties. Buyers, who

Ravenna Homes Joins Firethorne Community Builder Team

This month, Ravenna Homes, a brand new homebuilder in town, is launching into the builder team of Firethorne, a 1,400-acre residential community in Katy/Fulshear. The Firethorne team is looking forward to working with Ravenna Homes. “We’ve got deep-rooted relationships

Firethorne Adds Ravenna Homes to Builder Team

A brand new homebuilder in town is putting down its initial stakes in Firethorne, a 1,400-acre master-planned residential community in Katy/Fulshear.  Houston-based Ravenna Homes is launching into the builder team of  the top-performing master-planned community this month. “We’ve got deep-rooted relationships

Has the Government’s HAMP Program Been a Failure?

The government’s Home Affordable Modification Program, or HAMP, received a stinging report from the inspector general of TARP that questioned its merits. The government’s Home Affordable Modification Program, or HAMP, was among its major responses to the housing downturn,

Bridgeland Donates Fourth Homesite to GBHA Benefit Homes Project

  Bridgeland, an 11,400-acre community, has donated a homesite for the Greater Houston Builders Association (GHBA) fundraiser, the Benefit Homes Project. This is the fourth year a homesite has been donated in this

Fannie Mae Releases Loan-Level Credit Performance Data

Fannie Mae is releasing a loan-level credit performance data on 18 million mortgages, which will help develop potential risk sharing transactions. Fannie Mae announced that it is making loan-level credit performance data available on over 18 million single-family mortgages

Will Mel Watt Become the Most Powerful Man in Housing?

Mel Watt, the Democratic representative from North Carolina, is President Obama’s pick to head the FHFA, a role that would give him enormous sway over housing. News broke yesterday that Mel Watt, a long-time Democratic representative from the state

Meritage Homes Set to Close Phase 2 of White Wing Subdivision

National homebuilder Meritage is planning to close phase two of the newly developed White Wing subdivision in New Braunfels by the end of this month. Last year it closed phase one from real estate investment firm Rockspring Capital. Rockspring

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