News / Features

Pending Home Sales at Highest Level in 19 Months

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

Case-Shiller Posts Second Straight Month of National Declines, 0.9 Percent for Dallas

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

Happy Holidays from Houston Agent!

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

Competing Price Indices Anticipate Case-Shiller Decline

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 and Refinancing Remain Paths of Opportunity

Affordability is a main feature of today’s market, as depressed prices have produced one of the most accommodating buyer’s markets in recent

Houston City Council Adopts High-Rise Buffer Ordinance

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-Home Sales Increase Slightly in November

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

ABI Hits First Positive Territory in Three Months

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 to Recover Strongly in 2012

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.

Inventories the Main Takeaway from NAR Revisions

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

Huge HARP 2.0 Restriction Lifted by Fannie

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.

CFPB Law Risks Further Foreclosure Backlog

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

Weichert, Realtors-Wayne Murray Welcomes New Agent

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

Houston Posts Sixth Consecutive Month of Positive Home Sales

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

Fannie Projects Strong Economic Finish for 2011

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

Housing Construction Posts Big Gains in November

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

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