News / Features

Morgan Stanley’s Thoughts on How to Fix the Housing Industry

America’s real estate market could be on an “unsustainable path,” faced with an oversupply of homes inaccessible to either renters or buyers. That’s what three Morgan Stanley analysts argue in a recent paper that outlines steps that can be

Neighborhoods Within Houston Expected to Expand

Harris County in northwest Houston, which has roughly 400,000 residents, is expected to grow by more than 2.5 percent per year over the next 10 years, undergo redevelopment along its major thoroughfares and add millions of dollars in new

Standard and Poor Downgrades Fannie Mae and Freddie Mac’s Credit Score

Standard and Poor’s Rating Services (S&P) recently downgraded Fannie Mae’s and Freddie Mac’s credit rating from AAA to AA+ because it’s linked to the long-term debt of the U.S. S&P previously downgraded the U.S.’s credit rating to AA+ as

Houston Shows Promise for Real Estate Investors as a College Town, Says Survey

In recent survey of college towns that are promising for real estate investors, Houston is No.

REO Values Rise, Freddie Mac Expenses Cut

Freddie Mac reported $27 million in expenses for maintaining and reselling REOs in the second quarter, as opposed to the $257 million reported for the previous

Despite Downgrade, FHFA Assures Consistency

Despite the nation’s credit downgrade, the Federal Housing Finance Agency assured investors that securities issued by the Treasury and other government-sponsored enterprises (GSE) are still

Federal Housing Finance Agency Requests Bailout

After losing $8.7 billion in the first quarter, Fannie Mae has reported a loss of $5.2 billion in the second quarter. Fannie Mae still owes the Treasury $104.8 billion, but now the Federal Housing Finance Agency is requesting another

NASA Could Affect Houston Real Estate Market

With the end of the shuttle area comes an increase in layoffs. Thousands are expected to loose their jobs as NASA’s space shuttle program comes to a close, and the layoffs are creating a cloud of uncertainty over an

FHA Sells Record Number of REO But Lowers Ceiling on Loan Limits

Earlier this year, Federal Housing Association (FHA) seemed to be in a steep hole when it came to the REO inventory. However, a recent report shows that FHA has sold a record number of REO in June, breaking the

Mortgage Application Volume Up 7.1 Percent

The Market Composite Index shows that the measure of mortgage loan application volume has increased 7.1 percent this week, while similar numbers have moved up and down. According to Mortgage Bankers Association’s weekly applications survey for the week ending

Green-Certified Homes Are Sold For More Green

More homebuyers are understanding the importance of green building features and studies show that green-certified homes are worth more than non-certified homes in the housing market. One analysis from the Earth Advantage Institute found that on average green-certified buildings

Construction to Start in August on Winfield Gate

Plans for Winfield Gate, a community of luxury homes, are back in motion for an assemblage of property fronting San Felipe, just East of Kirby Drive. The plans had been put on hold during the economic

Deal Reached Regarding Debt Ceiling; NAR, NAHB Comment

After weeks of debate over the debt ceiling, Sunday night the compromise deal was agreed upon and the emergency legislation passed in the Senate this morning, 74 to

Higher Mortgage Payments May Harm Recovery

The Dodd-Frank Wall Street Reform and Consumer Protection Act have paved the way for an increase in the required down payment for mortgages, however, many analysts and industry professionals are criticizing this

Millennials Deemed a Plausible Solution to Recovery

According to New Geography, approximately 64 percent of Millennials–those born between 1982-2003–are focused on the importance of owning a home, with 20 percent saying it is one of the most important priorities in life, followed by being a good

Meritage Homes Featured on HGTV’s “Showhouse Showdown”

On Saturday August 13, HGTV is inviting Houston fans to become a part of the production and voting process for their new TV series, “Showhouse Showdown.” Fans can attend the open house competition, which will be held 11-1 p.m.

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