News / Features

MBA Reports Decrease in Mortgage Applications

The Mortgage Bankers Association (MBA) released yesterday its Weekly Mortgage Applications Survey for the week ending February 11, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 9.5 percent on a seasonally adjusted basis from

The New Year Ushers in Houston’s First Increase in Home Sales in Seven Months

Despite the bone-chilling winter weather, Houston’s housing market heated up in January, recording the first increase in property sales since June 2010. Pricing also heated up in the first month of the new year, with the average price of

Housing Starts Up 14.6 Percent in January

According to mam.Econoday.com, U.S. housing starts have climbed in the month of

NAR Supports Obama Administration’s Lending Overhaul

The National Association of Realtors welcomes the Obama Administration’s call for an orderly transition from the current form of the secondary mortgage market to a new structure that would enable Americans to achieve affordable, sustainable

The Woodlands’ Eco-Friendly Property Awarded LEED Certification

The Dinerstein Companies, a national real estate and development company committed to providing quality eco friendly housing, has achieved certification through the Leadership in Energy and Environmental Design (LEED) program for its high-end apartment complex in The

Homesellers Cut Prices to Accommodate Prospective Buyers

Homesellers continue to discount their asking price in an attempt to entice buyers to move towards a purchase according to a report issued by national real estate brokerage

Home Price Stabilization Seen in Most Metro Areas during Fourth Quarter

Home sales rebounded in 49 states during the fourth quarter with 78 markets – just over half of the available metropolitan areas – experiencing price gains from a year ago, while most of the rest saw price weakness, according

Conroe’s Prestigious Longmire Area to See New Development

Conroe-based developer The Signorelli Company is unveiling a new theme in their long line of successful developments in the Texas

Houston Home Prices See Improvement

Clear Capital has released its February monthly Home Data Index (HDI) Market Report, and reports positive indicators for home prices in

Obama Administration Winding Down Fannie Mae and Freddie Mac

Yesterday, the Obama Administration delivered a report to Congress that provides a path forward for reforming America’s housing finance

Foreclosure Activity Stalls

RealtyTrac released yesterday its U.S. Foreclosure Market Report for January 2011, which shows foreclosure filings this month have increased 1 percent from last month but a 17 percent decrease from January

Zillow Chief Economist Optimistic About Housing Market

Zillow released yesterday its Q4 2010 Real Estate Market Report. The online real estate portal that recently merged with Yahoo! says that despite less-than-impressive numbers in the end of 2010, the market should see gains throughout the duration of

American Spectrum Realty Taps Raymond James & Associates for Investment Banking Services

American Spectrum Realty, Inc., a real estate investment, management and leasing company, headquartered in Houston, announced that it has engaged Raymond James & Associates, Inc. to provide investment banking services to the

Len O’Donnell Joins USAA Real Estate Company as President and COO

USAA Real Estate Company is pleased to welcome Len O’Donnell as president and chief operating officer, overseeing all operations of the

Survey Shows Public Dissaproval of Current Lending Practices

As the government works to resolve a failed lending system for homebuyers and owners, a survey released yesterday by MortgageMatch.com shows the majority of Americans agree that major change is

Obama Administration Releases January Housing Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the January edition of the Obama Administration’s Housing

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