News / Features
The National Association of Realtors’ (NAR) Pending Home Sales Index, a measure of housing contracts for pending sales, rose 7.3 percent in November to its highest level in 19 months, according to a new press release from the association. Increasing
Standard & Poor’s released the latest resultsof its influential Case-Shiller Home Price Indices just moments ago for the month of October, and like the previous collection of data, it shows both monthly and year-over-year declines for housing values in
Houston Agent will be taking a brief break next week, but we’ll be back the first week of January to continue bringing you the most timely, invaluable real estate news around. Happy
Standard & Poor’s will release the latest batch of Case-Shiller Home Price Indices next Tuesday, and several of the other competing price indices have some analysts projecting the second negative month in a row for the Case-Shiller, which remains
Affordability is a main feature of today’s market, as depressed prices have produced one of the most accommodating buyer’s markets in recent
After a period of considerable debate, the Houston City Council has adopted new regulations to govern the construction of high-rise buildings near residential, single-family
New single-family home sales in November rose 1.6 percent from October, a seven-month high that still continues a 19-month trend of mostly sideways growth at a low level. According to new data jointly released by the U.S. Census Bureau and
After a nearly three-point jump in October, the Architecture Billings Index, a forward-thinking measure of future construction activity, increased by 2.6 in November to 52.0, the first positive level for the index since August. Additionally, the new projects inquiry, a
Multifamily housing has been in the news quite a bit the last couple months, as analysts have pointed to the sector as one of the few bright spots in construction, if not the entire housing market, in recent months.
As promised, the National Association of Realtors (NAR) released its revised totals yesterday on existing-home sales, and the “meaningful” changes the association had foretold came out to a 14.6 percent downward revision for 2010’s existing-home sales and a 14.3
One of the key provisions to the HARP 2.0 revisions was eliminating the LTV ratio limits that restricted a huge swath of underwater homeowners from refinancing their mortgages; it would appear that Fannie Mae has taken it one step further.
Foreclosures, on average, take a long, long time to complete in the U.S. In fact, according to the latest data from Lending Processing Services, it takes an average of 631 days to foreclose on a property, and if current
Realtor Lorna Vest has joined the office of Houston-based Weichert Realtors-Wayne Murray Properties. A member of the Houston Association of Realtors, Texas Association of Realtors and National Association of Realtors, Vest is a graduate of Champions School of Real Estate
Home sales continued to hum along in Houston, posting their sixth straight month of positive sales in November with another year-over-year increase, according to a new report from the Houston Association of
A new economic report from the Fannie Mae Economics & Mortgage Market Analysis Group states that the U.S. economy is poised to finish the year strongly, though 2012 may prove to be a tricky year. According to the report, the
Residential housing construction posted some of the most promising gains of the year in the latest joint report from the U.S. Census Bureau and the Department of Housing and Urban Development. Data was especially strong for housing starts, which