News / Features

Toll Brothers the Latest Revitalized Builder

Toll Brothers has joined the league of revitalized builders, including Lennar and Hovnanian, if comments from the luxury builder’s CEO are any indication. In an interview with CNBC, CEO Douglas Yearley said his company has been experiencing some of

OCC Foreclosures Finished 2011 With a Sigh

Foreclosures launched by Office of the Comptroller of the Currency (OCC)-registered banks and servicers fell by 16 percent in the fourth quarter and by 17.9 percent year-over-year, according to the latest data from the agency, capping off an entire

Housing Prices with a Dose of Reality

Standard & Poor’s released the latest Case-Shiller Indices yesterday, and as has been the trend the last few months, the research firm reported declines in price, specifically a 3.9 percent year-over-year drop in the 20-City Composite, which measures home

Homeowner Aspiration Remains High in Fannie Survey

Despite economic strife and continued difficulties in the housing market, Americans continue to see homeownership as preferable to renting, according to Fannie Mae’s latest National Housing Survey. A study involving 3,000 Americans that focuses on the state of homeownership aspirations in

Principal Reduction Effort Gains Considerable Steam from Unlikely Sources

The principal reduction, and whether the GSEs will embrace it as a central policy for aiding distressed borrowers, is undoubtedly among the most contentious issues facing housing right now, as Acting FHFA Director Ed DeMarco has resisted repeated calls

Case-Shiller Declines 3.9 Percent in January

The Case-Shiller Home Price Indices, which measure the 10 and 20 largest metropolitan areas via composites, showed monthly and yearly declines in the latest release from Standard & Poor’s. The 10-city composite showed an annual decline of 3.9 percent,

Pending Sales Maintain Yearly Gains in February

The National Association of Realtors’ (NAR) Pending Home Sales Index increased from 88.4 in February 2011 to 96.5 in February of this year, an uptick that suggests some of the strongest existing-home sales in years. A leading indicator for

Chow Ng has Joined Weichert Realtors-Waynne Murray Team

Chow Ng has joined the sales team at Weichert Realtors-Wayne Murray Properties and will serve buyers and sellers in the Greater Fort Bend County. Ng is a resident of Stafford. “We are always gratified when a new agent sees

Homebuilder Stocks Hits Highest Point in Two Years

Investors say they are  “cautiously optimistic,” about the housing market as home builder stocks have hit their highest point in two years after a six month rising period. According to an article by the New York Times, the market

Waller Team Expending to Bring Residents to Small Towns

Prudential Gary Greene, Realtors’ Cypress office is expending and restructuring its Wallace office to better serve dwellers who are looking for a small town experience. According to Rich Guderyon, manager of Prudential Gary Greene, Realtors’ Cypress office, a team

Homebuyers Headed to Smaller Homes in Bigger Cities

By: Chelsea Lameira A recent study shows that new homebuyers are finding small living spaces in urban areas more attractive than in previous years. According to an article by Housing Wire the Urban Land Institute of North Texas’ executive vice

New Home Sales Increase 11.4 Percent From 2011

For the second month in a row, new home sales were down monthly but up yearly, increasing 11.4 percent from February 2011 but decreasing 1.6 percent from January 2012’s revised rate of 318,000, according to data just released today

Demand Remains High for Design Services in February

The Architecture Billings Index (ABI), a leading economic indicator of future construction activity, reported positive numbers yet again in February, marking the fourth straight month that the index has been in such territory, according to the most recent press release from the American Institute of

CoreLogic Brings Shadow Inventory Into the Light

Research firm CoreLogic released its latest residential shadow inventory study yesterday, reporting that the ever-nebulous sector of housing in January 2012 stood at 1.6 million units, or a six months’

Construction Start-ups the Latest Indicator of an Industry Recovery

The news cycles have been been abound with positive developments in construction the past couple weeks, but the Wall Street Journal has just reported on perhaps the most encouraging detail of all – of the many sectors of the economy, construction is one

Are Mortgage Rate Scares Overblown?

The continuing decline of mortgage rates was a welcome sign of consistency in an increasingly chaotic market. Amidst foreclosures, settlements, REOs and shadow inventories, we all seemed to grow comfortable with the fact that come Thursday, Freddie Mac would

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