News / Features

REO Properties Buck Housing Trends with Rising Prices

Falling home values have been one of the more stubborn inhibitors to a true housing recovery, but new research by Clear Capital has found no such problems in the REO market. According to a HousingWire article on the research,

Construction Spending Rebounds in March

After a couple of mild months, construction spending rebounded in March, according to new data from the U.S. Census Bureau. For the month, spending was up 6.0 percent from March 2011 to a seasonally adjusted annual rate of $808.1

SWMJ Construction Announces Expansion

Houston-based SWMJ Construction announced that they will no longer only be a government rehabilitation and remodeling and small to medium commercial construction group; the company will enter the residential remodeling industry because, the company says, the Houston market has

Mortgage Rates Lowest In Decades

Freddie Mac’s average 30-year FRM fell again last week to 3.88 percent, an incredible 0.90 percent lower than April of 2011. Though low rates have become a seeming custom in recent months, an article from CNN Money offers one essential reminder –

Despite the Web’s Ubiquity, Agents Still a Vital Asset

By now, every agent has heard at least once how important the Internet is, but a new survey from HomeFinder.com has reaffirmed the continuing importance of real estate agents. In a wide-ranging consumer survey of nearly 400 HomeFinder.com users, the website

Are New Construction Homes Attractive Again?

Few sectors of real estate were hit harder in the recession than new construction, but projections from noted economist suggest times may be changing. According to economists from the National Association of Home Builders (NAHB) and other firms, a

FTC Sets Conditions for LoopNet/CoStar Merger

An acquisition that would merge the two largest commercial MLS services in the nation has come under fire from the Federal Trade Commission (FTC) for its anti-competitiveness. The merger, in which CoStar would purchase LoopNet, is an $860 million

Will the GSEs Ever See Reform?

Remarks made by HUD Secretary Shaun Donovan have confirmed the Obama White House has no immediate plans to reform the country’s GSEs “anytime soon.” Though HousingWire, which reported on Donovan’s statement, highlighted the political nature of the policy –

Ashby High-Rise Opponents Strategize Resistance Efforts

As the Ashby High-Rise moves forward toward construction, the project remains a source for creative protest plans from neighborhood residents. According to a Houston Chronicle article on the unrest, more than 300 people met Tuesday night to strategize new methods

Homebuilders Construct Optimism with 2012 Orders

The uptick in construction activity has been one of the major housing topics thus far in 2012, and new stats on orders for the first quarter are continuing that trend. According to the latest data, which was reported by

First Quarter Foreclosure Activity Mixed

Quarterly foreclosure activity increased in 2012’s first quarter for 114 of the 212 metropolitan areas followed by RealtyTrac, according to a new study by the research firm. The study, however, was not entirely negative. Though foreclosures did increase in

Prudential Gary Greene Gives Back

  Prudential Gary Greene Realtors were honored at the Prudential Real Estate Services national convention in Orlando, Fl., with the Prudential Networks award for being the top contributors to the Sunshine Kids Foundation. Over the course of 2011, the

Mary Keen Receives Lifetime Achievement Award

  Mary Keen of Prudential Gary Greene Realtors of the Bay Area, has received the Houston Association of Realtors (HAR) Lifetime achievement award of 2011. The HAR Lifetime Achievement award is given annually to a real estate agent who

A Single-Family Presence in the Rental Markets

Month after month, data comes out affirming the rising demand for rental units, and like the wider world of real estate, fresh and unusual details often accompanies it. A recent Wall Street Journal piece on the rent/homeownership dichotomy has presented

Pending Home Sales Index Increases in March

The Pending Home Sales Index, a leading measure of future home sales activity from NAR, increased in March, contributing further to the new housing recovery. The index, which is based on contract signings, increased from 97.4 in February to

Measures of the Housing Recovery

The new home sales data from earlier today confirms what we’ve been reporting for several weeks now – that a housing recovery is indeed in the works. There remains considerable debate, though, on the nature and extent of that recovery,

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