News / Features

Marcus & Millichap Seeks Commission Costs

The Southeast Texas Record reported that a lawsuit between Marcus & Millichap Real Estate Investment Services of Texas and Prime Income Asset Management has emerged, as the latter has supposedly failed to pay commission for the sale of the

Google and SolarCity Collaborate to Create a $280 Million Solar Project Fund

Texas will be one of nine states, accompanied by the District of Columbia, to be eligible for a lease project catering to the alternative energy market, which was recently made public

More Lawmakers Join Anti-QRM Proposal

A force of approximately 240 lawmakers have now joined the argument against the qualified residential mortgage (QRM) down payment, hoping to reduce the currently proposed rate of 20 percent, said Housing

Are Real Estate Videos Reaching the Right Market?

Web-savvy consumers may not typically desire commercial videos for brands, products, etc. while browsing the web, but data from comScore demonstrates that 83 percent of all Americans watched an online video in May, racking up over 5.6 billion viewing

Wells Fargo Announces Altered Responsibilities, Leaves Reverse Mortgage Market

Wells Fargo & Co. has confirmed that it is leaving the reverse mortgages sector, but it will continue to act as a servicer up until the departure date of June 30, according to National Mortgage

U.S. Market Expected to See Forty Percent Increase in Hispanic Homebuyers

Nearly 40 percent of all first-time homebuyers in the US are expected to be Hispanic, with some of these potential homebuyers being “affluent Mexican nationals fleeing cartel violence,” said the Houston

According to Macroeconomist, Over Six Million New Properties Needed to Repair Industry

According to Housing Wire, what the industry really needs is 6.5 million new homes within the next five years in order “to clear the excess housing inventory” of about 2.5 million

Foreclosure Filings Decreasing, But Inventory Still a Burden

Foreclosure filings, auctions and repossessions of 214,927 properties displays a 2 percent decrease from April, and a 33 percent drop from May 2010, according to

Housing Market Index Drops Three Points in June

June’s home builder index dropped to a nine-month low, with a monthly Housing Market Index (HMI) drop of three points, resulting in a 13, MarketWatch

MLS Provider FBS Adapts to Policy Changes of IDX Listings

Flex MLS by FBS will now make modifications in order to support MLS customers, in response to the “opt-in” IDX policy established at NAR’s Midyear Conferences in May. According to Agent Genius, FBS is the first major MLS provider

Bank of America- Short Sales and REO Outlook

Bank of America recently announced that throughout the last 18 months, more short sales than REO properties have been completed; for example, in May, they completed approximately 9,000 short sales in comparison to 7,000 REO, said Housing

Prices and Transactions Rising on a Monthly Basis

May brought some good news for the housing industry, with RE/MAX’s May housing report finding a 3.3 percent increase from April’s numbers, in closed transactions and a 3.7 percent price increase, according to Housing

Study Finds 71 Percent of Voters Support Mortgage Interest Deduction

A new study from National Association of Home Builders found that approximately 71 percent of the 2,000 voters supported the mortgage interest deduction, according to National Mortgage

Job Growth Attracts Developers to Houston

With strong job growth in Houston, developers including Centex, Taylor Morrison Homes and Coventry Development are setting their sights on a locally anticipated recovery, as they move ahead in construction

Even With Down Market, Agents Have Increased Marketing Budgets

In an effort to embrace trending preferences toward the use of the internet, real estate professionals have increased their online marketing budgets by 27 percent, according to Real

Real Trends Finds Brokers’ Commissions Remain Steady Despite Market

With fluctuations in the housing market, many may assume that brokers’ salaries are also booming and busting depending on sales; however, Real Trends found that average commissions jumped from low levels of 5.02 percent in 2005 to 5.40 percent

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