News / Features
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,
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 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
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
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
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
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
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
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’
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
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
Two developments in the foreclosure market this week, one involving completions and the other construction, have shown that housing is slowly but surely working its way through the distressed inventories that have long plagued the
Existing-home sales continued their strong year-over-year increases with the latest data for February, as sales rose 8.8 percent from last year to a seasonally-adjusted annual rate of 4.59 million, according to the National Association of
Standard & Poor’s continued what has been an entire month of credit-friendly news with its reports on first-time default rates, which declined on consumer credit for the second straight month while nonpayments on second lien mortgages hit a new
Throughout most of 2011, the finances at the Federal Housing Administration (FHA) received considerable media attention, with analysts and politicians alike predicting the end of the agency. An recent infusion of funds was thought to have alleviated those concerns, but new
The U.S. Census Bureau and the Department of Housing and Urban Development released hugely promising data on February building permits earlier today, reporting a 5.1 percent increase from January and 34.3 percent increase from last year at an annual rate