Housing in Houston just experienced its fifth straight month of positive sales, a development that has inspired the Houston Association of Realtors (HAR) to give thanks (great timing!). According to HAR’s most recent monthly data, single-family home sales rose

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI), which gauges home builder confidence for single-family home construction, rose for the second straight month, increasing by three points in November to a total of 20. With October’s

The auction of more than 170 leftover Scattered Sites properties this week raised $8 million for the Houston Housing Authority. The organization plans to invest the funds in local multifamily affordable housing projects. The properties—171 homes and three home

Houston will have a property auction for bank-owned properties on December 10. Properties to be auctioned includes single-family homes, condominiums, commercial buildings and land

The Modern Outdoor Design Tour took place in Houston on November 12., which showcased a total of 13 homes that stand out from the rest for their architecture and design. For $30, attendees were able to view all 13

An Oct. 31 study by Moody’s recently pinpointed homeowners with jumbo loans as a greater default risk than any other type of borrowers, including even risky subprime mortgages. Basing its claims on an analysis of of the nation’s mortgage-backed bond portfolios,

The Federal Housing Administration (FHA) released its annual financial report to Congress earlier today, and surprisingly, it boldly contradicts recent claims from academics and news outlets regarding the government agency’s solvency. According to a recent Wall Street Journal piece that

Economists at the National Association of Realtors’ (NAR) annual conference, currently underway in Anaheim, California, expect to see gradual improvements in the housing market throughout 2012. Existing-home sales this year have risen 4 to 5 percent, and new home

The Federal Reserve Bank of New York, as a part of what is commonly being referred to as “Operation Twist,” purchased $5.5 billion in mortgage-backed securities for the week of November

The robo-signing scandals of 2010 sent shockwaves through the lending industry, as national banks, burdened with the considerable weight of thousands upon thousands of foreclosures, short sales and other distressed properties, attempted to reconcile their balance sheets as quickly

After a brief sabbatical, the 30-year FRM is back in familiar territory, falling below 4 percent for the second time in as many months. Motivated by the Federal Reserve’s “Operation Twist,” which involves the Fed buying billions of dollars

Houston recently gained its first solar powered home, and now, the city can boast that 100 percent of energy it produces is renewable. The owner of the solar powered home, Barbara Byrd, attended the annual Sustainable Living Festival in

A new report from a finance professor predicting the coming insolvency of the Federal Housing Administration has some government officials and analysts spooked, according to a new report from The Wall Street

Members of the Texas Association of Realtors are getting a new perk – free virtual

In a move that seems to confirm the ever-increasing importance of multifamily housing in the current housing market, the federal government is removing several state regulations that will make it easier for developers to build federally-subsidized multifamily homes, according

Foreclosures in October for the Houston area fell by 11 percent from September and more than 25 percent from October 2010, according to new data from RealtyTrac cited in a Biz Journals piece. In total, banks and lenders filed 3,044 foreclosures