News / Features
According to a recent Houston Chronicle article, area builders in Montgomery County have been thinking extra hard about new ways to “go green” in construction practices. In the interest of lowering home energy bills and doing their duty for
The newest Texas Quarterly Housing Report from the Texas Association of Realtors (TAR) continued the good economic news for the state, reporting another jump in sales that suggests the state’s market may be returning to normal, pre-boom
Allied Home Mortgage Corporation and its CEO James Hodge were suspended today for fraudulent lending practices that cost the government hundreds of millions of dollars. The U.S. Department of Housing and Urban Development (HUD) is considering debarring Hodge and
According to new data from the U.S. Census Bureau, construction spending rose for the second straight month, in increasing 0.2 percent from August to September to a seasonally adjusted rate of $787.2 billion. Though the spending was 1.3 percent
The delinquency rates at Fannie Mae and Freddie Mac, the GSEs that control more than half of the country’s mortgages, moved in opposite directions in September, with Fannie’s rate declining and Freddie’s increasing, according to a post by Calculated
What is the typical rate of appreciation for home values? What does an appraisal do? What about an inspection? And is PMI always necessary? Those and other questions were featured on a recent survey by Zillow, the popular MLS
Though credit unions and small community banks had little to no impact on the global financial crisis of 2008, representatives from the two banking sectors stated before the House Financial Services Committee today say that a maze of new
Broad legislation stemming from 2010’s “robo signing” foreclosure scandal may lead to the first case of mortgage write-downs since the housing market declined in 2008. According to a report from Reuters, negotiations between state attorneys general, federal regulators and
The housing market is a grand, influential sector of the global economy, one that ebbs and flows with overall economic performance. But even though the message remains consistent – fix housing, fix the economy – very few of the
The latest Residential Price Index from FNC Inc., released October 20th, indicates that U.S. residential home prices declined in August by a seasonally adjusted rate of 0.8 percent, despite high level of sales during the
David Woolley, a California licensed land surveyor and certified fraud examiner, is leading a new study in tandem with the Harbinger Analytics Group Real Estate Fraud Experts on the recently disbanded company, Mortgage Electronic Registration Systems (MERS). The topic
The Troubled Asset Relief Program, or TARP, was a $750 billion infusion of cash into the U.S. financial sector, namely to banks addled by derivatives and other financial products. The largest recipients of TARP – Citibank, JPMorgan Chase, Wells
The Sensible Accounting and Value Energy Act (SAVE), according to the Institute for Market Transformations, may cause lenders to take the energy bills of borrowers into account before setting their mortgage rates. The bill, co-sponsored by Senators Michael Bennett
Though the Pending Home Sales Index declined in September, activity remains above a year ago, according to data from the National Association of Realtors (NAR). A forward-looking indicator that is based on contract signings, the index fell 4.6 percent
The Bipartisan Policy Center has announced a new, bipartisan Housing Commission tasked with conducting a top-down analysis of the U.S. housing market and its long term trends. Co-chaired by two former U.S. Senators and two former heads of the
The Houston real estate market is undergoing an interesting phenomenon. The apartments and housing sectors, long antagonistic in analysts’ eyes, are both on the rise. Single-family homes sales for September were up 16.9 percent from last year, while the Houston
