News / Features
By Peter Ricci Houston was one of 11 new metros added to the National Association of Home Builders/First American Improving Markets Index (IMI) in May, which now totals 84. The NAHB adds cities to the IMI when housing permits, employment
It was seven years ago that ICANN, the nonprofit that oversees top-level domain names, announced it would allow new domain names in addition to .com, .net and .org, and this summer, it was revealed that the National Association of
After a few months of relative quiet, the Consumer Financial Protection Bureau (CFPB) made considerable waves on Monday with its released of a 1,099-page rule detailing its new standards for mortgage disclosure forms. Intended to simplify the process for
By Peter Ricci Area officials, firemen and residents were on hand Friday to help break ground on a new Lake Conroe Fire Department station in Woodforest, a master-planned community spearheaded by The Johnson Development Corp. Actual construction of the
By Peter Ricci Zillow was in the news yesterday when Inman News reported that the syndication site had contacted 50 or so MLSs at the end of June about establishing direct IDX feeds. Though Zillow maintains secondary feeds through ListHub, which initially
By Peter Ricci Short sales have become increasingly common in the post-bubble economy, and indeed, the list of agents who have successfully adapted their businesses to short sales is long and varied. Though some have found quite a bit
By Peter Ricci Maybe it’s the patriotic Fourth of July fervor, but two new government reports on housing are quite optimistic, with both President Obama’s Housing Scorecard and Fannie Mae’s latest National Housing Survey finding quite a bit to
Chief Economist for Fannie Mae Doug Duncan released a statement today that said housing market activity is on a steady incline toward improvement, “well ahead of last year’s pace.” Duncan’s statement coincides with Fannie Mae’s recent findings in their
Real estate data firm Reis, Inc. is reporting that average rent costs have reached a record increase in 74 out of 82 markets that it is tracking in the second quarter, including cities like Chicago, Miami, Seattle, San Diego
The Federal Housing Finance Agency (FHFA) has selected the winner bidders for its pilot initiative, putting the agency one step closer to closing out what many have anticipated as its most helpful program yet for the U.S. housing market.
ActiveRain, the popular online real estate network, has an intriguing question for agents – what would you buy if you were on a marketing budget of $500 per month? That question is at the heart of a new competition
Home prices in CoreLogic’s May home price index rose for the third consecutive month, posting both monthly and yearly gains. From April to May, national home prices were up 1.8 percent, CoreLogic reported, and price rose year-over-year by 2
Construction spending continued its strong performance in May, rising 7.0 percent from last year and 0.9 percent from April to a seasonally adjusted annual rate of $830.0 billion. For the first five months of 2012, spending is $310.5 billion,
Housing inventories have been on a roll lately, but not the kind many of us had expected – it just keeps going, and going, and going down! In May, the most recent month we have data for, Realtor.com’s for-sale
Anderson Properties has merged its operations with Alvin, Texas-based Prudential Reyes-Planka, Realtors, according to BRER Affiliates Inc., the Brookfield Residential Property Services company and that owns the Prudential Real Estate franchise network. As a result of the deal, Anderson Properties,
Lessening underwriting standards are the great white whale in housing’s recovery, and the 2012 Survey of Credit Underwriting Practices from the Office of the Comptroller of the Currency (OCC) is making some suggestions that the tide may be turning for home