News / Features

Houston Business Journal Ranks Greystar Real Estate Partners No. 1

Once again Greystar Real Estate Partners tops the list of largest Houston-Area residential property management firms by the Houston Business Journal. This list appears in the July 22 print edition of the

Bankrate’s 2011 Closing Costs Survey Finds Texas has Second Highest Closing Costs

Bankrate’s 2011 Closing Costs Survey demonstrated that while home prices are tumbling, closing costs are still on the rise in most states–with an increase of 8.8 percent nationwide, compared to 2010. Nationwide, the average closing cost is now $4,070

Prudential Gary Greene Named No. 1 Real Estate Brokerage in Houston by Houston Business Journal

Houston Business Journal recently announced that Prudential Gary Greene, Realtors took top place on its list of Largest Houston-area Residential Real Estate Brokerage Firms. The brokerage earned its No. 1 ranking with 6,214 transactions and over $1.44 billion in

Houston’s Walkability Score-How Walkability Can Benefit a City

Houston is the 23rd most walkable city among the 50 largest U.S. cities, with a walk score of 50 (out of 100), according to Walk

Three Historic Neighborhoods Emerge in Houston

The Houston City Council has added three neighborhoods to the city’s list of historic districts. Heights South, Woodland Heights and Glenbrook Valley will now be kept preserved for years to

Nationwide Home Sales Fall 0.8 Percent in June- Houston Holds Strong

Today, NAR reported that home sales dropped 0.8 percent, to 4.77 million, this June–8.8 percent below June 2010’s sale of 5.23 million

Have Something to Say? Blog for Us!

Do you have opinions about Houston’s residential market? Maybe you have suggestions for how to fix certain issues within the industry when it comes to agent professionalism, lending standards or how to move inventory. If you want to share

Bank of America Reports loss of $8.8 Billion

In the second quarter, Bank of America posted a $8.8 billion loss, following the $8.5 billion settlement with investors regarding troubled mortgage-backed

Index Rises from 13 in June to 15 in July

July brings a modest increase in homebuilder confidence, with the National Association of Home Builders/Wells Fargo sentiment index increasing to 15 (from 13 in June), according to Bloomberg

Next Boom Towns in the U.S.-Texas Expected to Dominate

The top boom town in the U.S. is expected to be Austin, Texas , according to recently released data from New Geography. Houston doesn’t fall far behind, earning a fifth place nomination, and San Antonio came in fourth, making

Houston Fights Back Against High-Rise Development

Many Houston residents don’t want their neighborhoods to resemble big-time cities such as New York, Chicago and Miami, all of which have several high-rises within the downtown areas. Houston, in fact, is outraged by developer’s plans to build a

Highest-Priced Home in U.S. Sells for $85 Million

Once regarded as the highest-priced home in the U.S. with a price tag of $150 million, the former Los Angeles County home of Candy Spelling has sold for a drastically reduced price of $85 million (43 percent less) after

Mary Katherine Turner Newest Hire at Conway McKenzie Inc.

John T. Young, Jr., senior managing director of Conway MacKenzie Inc., recently announced the addition of Mary Katherine Turner to the corporation’s Houston team. Turner will specialize in providing advisory services to clients facing distressed and bankruptcy

Mortgage Rates Fall This Week: 30-year FRM Drops to 4.51 Percent

The 30-year fixed-rate mortgage (FRM) is down to 4.51 percent (with an average 0.7 point) this week and 15-year rates dropped to 3.65 percent (with an average 0.6 point), according to MarketWatch. While neither drop is incredibly drastic, it

Post-Bubble Homebuyers Tend to Overprice Homes

Zillow found that home sellers who bought their home after 2007’s housing bubble burst have a tendency to overprice their home by 14.1 percent more than those who bought a home during or before the bubble, said Agent

Canadian Luxury Sale Agent Disappearance Case Nearing Closure Months Later

Many are familiar with the case of the recent murder of Ashley Okland, the Des Moines, Iowa Realtor who was shot and killed at the open house she was showing. While the case (now active for three months) has

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