News / Features

Strong Fourth Quarter Drives 2010 Mortgage Bankers Originations 36 Percent Above 2009 Levels

Mortgage bankers originated $110 billion of commercial and multifamily mortgages during 2010 – an increase of 36 percent from 2009, according to preliminary estimates based on the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers

Remodelers Expect Market Gain During 2011

The latest National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) edged up to 41.5 in the fourth quarter of 2010, compared to 40.8 in the third quarter. An RMI below 50 indicates that more remodelers say market

FHFA Proposes Rule on Private Transfer Fees

FHFA this week sent a proposed rule to the Federal Register to begin formal rulemaking on private transfer

Michigan Avenue Real Estate Group Launches San Antonio Office

According to BizJournals.com, Illinois-based Michigan Avenue Real Estate Group has opened a new asset-management office in San

Zillow and Yahoo! Real Estate Combine Forces

Zillow.com and Yahoo! Real Estate launched yesterday an exclusive partnership that brings together the two sites and creates the largest real estate network on the web, according to

Younan Properties Selects Moody Rambin to Lease Younan Place

Younan Properties, Inc., has announced that Moody Rambin has been selected as exclusive leasing agent for Younan Place, a Class A, 11-story office building in the Westchase sub-market of Houston. The new assignment is effective February 1,

comScore Report Reveals Online Real Estate Trends

According to a recent report from comScore, online real estate site Trulia has the highest concentration of first-time homebuyers among top real estate search

Rockspring Capital Acquires Second Land Parcel in Houston Medical Center

Rockspring Capital announced today that it has acquired a second land parcel of 1.19 acres in the Houston Medical

Federal Judge Throws Out Housing Discrimination and Conspiracy Lawsuit Filed by Multi-millionaire Houston Oil Executive

Federal Judge Kenneth M. Hoyt for the United States District Court for the Southern District of Texas dismissed a housing discrimination and conspiracy lawsuit filed by Anthony G. Petrello against Matthew W. Prucka, his wife, their real estate broker,

NAR Survey Shows Strong Desire for Homeownership

According to the results of a National Association of Realtors survey of 3,793 adults conducted online by Harris Interactive, a substantial majority of both homeowners and current renters agree that owning a home is a smart decision over the

New Firm Offers Full Brokerage Services for Domestic and International Properties

The new Houston-based Nsight Realty, LLC, is offering full brokerage services for clients in the United States and Canada who desire to own property abroad. Nsight Realty, founded by Linda Harrington, PhD, Realtor, provides services that guide clients in

Pending Home Sales Continue Uptrend

Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of

2010 Foreclosure Activity Increases in 72 Percent of Major Metros

RealtyTrac recently released its 2010 Year-End Metropolitan Foreclosure Market Report, which shows that foreclosure activity increased from 2009 in 149 of the nation’s 206 metropolitan areas with a population of 200,000 or more. At the same time, the metro

Google Maps to Drop Real Estate Search

Google’s Earth and Maps team announced this week that they will drop the real estate listing search feature from their maps technology due to limited user

National Association of Home Builders Elects Leadership for 2011

Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation during the association’s International Builders’ Show in

S&P/Case-Shiller Home Price Indices Show Decline in National Home Prices

Data through November 2010, released yesterday by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, show a deceleration in the annual growth rates in 17 of the 20 MSAs and the 10- and 20-City Composites compared to what

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