News / Features

A Tale of Two Home Values

We all saw the headlines; CoreLogic’s Home Price Index (HPI) fell 1.3 percent from September to October and 3.9 percent from last year, while LPS reported a 1.2 percent drop from August and the Case-Shiller, the granddaddy of them

20 Cities Added to the NAHB’s Improving Markets Index

The National Association of Home Builders (NAHB) added 20 more cities to its Improving Markets Index (IMI), further evidence that though housing remains tough in some markets, it is not only improving, but showing positive signs of growth in

Squatters Exploit Texas Law for $16 Homes

“Squatters,” a term for people occupying an abandoned home they do not own, rent or have permission to use, are sweeping across Texas in droves to exploit an incredible loophole in Texas state law that allows them to claim

Scientific Curiosity Fuels New Consumer Research Firm

Why do consumers make the choices they do? Why buy one jacket, but pass on another? Why invest in one bond, but not the latest Silicon Valley IPO? In the end, what governs reckless financial behavior, even at the

Low Credit Scores Hobble Prospective Homebuyers

There were many outcomes of the housing boom and bust cycle, but one of the more implicit has been lowering consumer credit scores, a detail that has posed problems for prospective homebuyers seeking a mortgage for their transactions. According

Competing Price Indices Post Seasonal Lulls

Two home price indices from CoreLogic and Lender Processing Services(LPS) both showed small declines in home prices for October, indications that the summer buying boom has concluded and home values are entering their seasonal lull. CoreLogic’s Home Price Index (HPI), which

Romney Wins HomeGain Survey Election

Real estate website HomeGain recently surveyed Realtors on a number of economic topics, and though most of the questions dealt with prices and home values, a question on political support yielded interesting results, according to a HousingWire piece on

Houston HUD Due for a Makeover

New stories from KUHF and the Houston Business Journal are reporting that Washington is dispatching a team of housing experts to Houston to whip the city’s Housing and Urban Development (HUD) office into shape. According to KUHF’s story, Mayor Annise Parker

Concerns Mount for FHA’s Finances

What originally began as a mere economic analysis by a University of Pennsylvania professor has quickly developed into an all-out inquiry into the financial solvency of the Federal Housing Administration (FHA), one culminating in testimonies and audits that put

Owning Becomes More Affordable Than Renting in 12 Cities

The Wall Street Journal‘s third-quarter survey of housing-market conditions showed that home prices have fallen so far that the monthly cost of owning a home is at the most affordable it’s been in 15 years. Additionally, as rental rates

First-Time Homebuyers Skittish on Ideal Market

Only 65.1 percent of U.S. households own homes, which is the lowest amount since 1996. A big reason for that decline, according to a new piece by the Associated Press (AP), is the relative absence of first-time homebuyers, a longtime

Suburban Deterioration? Not So Fast

Suburbia has been taking a bit of flack, as of late. The New York Times, as highlighted by NewGeography, ran two op-eds this past weekend proclaiming the decline of suburban living. Urban theorist Chris Leinberger claiming that Americans were abandoning

A Knight’s Tale of Global Home Values

The Knight Frank Global House Price Index, a massive, wide-ranging collection of data that operates as a Case-Shiller-esque index for the global housing market, was just released by Knight Frank, and it offers some startling revelations on how housing

Foreclosure End Zones Reset — Again

Courtesy of a new report from Lender Process Services(LPS), the delinquency markets have yielded several batches of data this week, with some good, some bad, and some suggesting we still have a long way to go. The good news

Construction Builds Upon Past Gains in October

Construction spending, driven by renewed investment in housing, rose in October for the third straight month, exceeding analysts’ projections and increasing by 0.8 percent, according to a Business Week article by Alex Kowalski. Riding on low interest rates, a

HAR Releases List of Recommended Candidates

The Houston Association of Realtors (HAR) has released their list of recommended candidates for the Houston City Council Runoff Elections to take place on December

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