News / Features

S&P/Case-Shiller Home Price Index Shows Improvement in Most Markets

Data through May 2010, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices have found growth rates in 15 of 20 cities improved in May compared to those reported in April 2010. Also the 10- and

Behringer Harvard Acquires Two Luxury Multifamily Communities in Texas

Behringer Harvard announced last week its acquisition of multifamily communities in two Texas metro areas: Briar Forest Lofts in Houston and Fitzhugh Urban Flats in Dallas. Both investments were made through a joint venture between Behringer Harvard Multifamily REIT

Houston Single-Family Homes Sales Edge Up in June as Effects of Homebuyer Tax Credit Wane

According to the latest monthly data compiled by the Houston Association of REALTORS (HAR), June sales of single-family homes throughout the Houston market rose 2.9 percent compared to June 2009. That follows increases of 11.3 percent in March, 27.8

IMS and NAREB Collaborate to Create Opportunities for Underserved

Integrated Mortgage Solutions (IMS), the only woman-owned collateral protection firm offering a seamless suite of secure, integrated services for the management of distressed portfolios, has partnered with the National Association of Real Estate Brokers (NAREB), the country’s oldest minority

Sales of Foreclosed Homes in Houston Decline

The Houston metropolis-area has reported a 5% decline in foreclosed-home sales during Q1 of 2010 when compared to the Q4 of 2009, according to RealEstateProArticles.com.  Other Texas cities report a decline of up to 26% during the same time.

LaSalle Group Constructs Alzheimer’s and Memory Care Facility in Spring, Texas

Dallas-based developer The LaSalle Group, Inc. is breaking ground on its third specialized Alzheimer’s and Memory Care Assisted Living Community in the Houston area, Autumn Leaves of Cypresswood, in Spring, Texas. Company leadership, principal investors and other key partners

Whitestone Builders Combine Classic with Contemporary

Homes with a classic style are always in demand. The problem with older homes, though, is that they lack so many of the amenities people desire today – large walk-in closets, ample sized family rooms, not to mention luxury

Citigroup Report Names Meritage Homes Inc. as Homebuilder with Highest Gulf Exposure

By Tom Butala As the deluge of ‘tar-balls’ from BP’s Deepwater Horizon oil spill have made their way to the shores of Texas, the extent of environmental and economic degradation to come as a result is greatly anticipated by

Obama Signs Homebuyers Assistance and Improvement Act of 2010, National Flood Insurance Program

By Tom Butala According to Chicagolandrealestateforum.com, President Obama on Friday morning signed the Homebuyers Assistance and Improvement Act of 2010 (HAIA), as well as an extension of the National Flood Insurance Program

Camden Property Trust Announces Second Quarter 2010 Earnings Release and Conference Call Dates

Camden Property Trust announced that its second quarter 2010 earnings will be released after the close of market on Thursday, July 29, 2010. Management will host a conference call on the following day, Friday, July 30, 2010 at 11:00

Texas Casual Cottages by Trendmaker Announces New Model Homes Open near Round Top Texas

“As Houston has evolved, so have our homebuyers,” says Will Holder, president of Trendmaker Homes. “With baby boomers retiring and Texas leading national population growth trends, we see tremendous potential in the second home market… we believe the timing

Congress Passes Homebuyer Tax Credit Extension

By Tom Butala According to the Wall Street Journal, the Senate approved a bill late last night to extend the June 30 closing deadline for homebuyers who seek up to $8,000 in tax

ONEprop Launches Houston Office

ONEprop announced they have increased their Texas business significantly by partnering with asset management firms and investors with national presence. The Houston market will represent the 2nd largest branch for the company. The Houston office is the 7th location

Houston Mortgage Lender Home Loan Specialists Earns BBB Award of Distinction

Houston-based mortgage lender Home Loan Specialists, Inc. has been awarded the Award of Distinction from the Better Business Bureau of Greater Houston in the mortgage company category. The award was presented to HLS President Rick Veale and Managing Director

HomeGain Releases Second Quarter 2010 Home Prices Survey Results

Real estate professionals and homeowners differ on current and future home prices and on Obama’s performance as President; nearly 2/3 of agents and brokers disapprove of the President’s performance. HomeGain®, the first website to provide free online instant home

Inmates Receive Credit While Incarcerated: Errors, Fraud Still Occur in First-Time Homebuyer Credit Program

The Treasury Inspector General for Tax Administration (TIGTA) today publicly released its latest report on the Internal Revenue Service’s efforts to identify and prevent fraudulent First-Time Homebuyer Credits claimed on 2008 U.S. Individual Income Tax returns and amended returns.

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