News / Features

Alan Patton Joins Hines to Lead New Multifamily Division

Hines, the international real estate firm, announced recently that Alan Patton has joined the company as a senior vice president in the firm’s corporate office at Williams Tower in

Homeownership Now More Affordable Than Renting in 72 Percent of American Cities

Trulia.com released yesterday its latest Rent vs. Buy Index which found that it is more affordable to buy than to rent a two-bedroom home in 72 percent of America’s 50 largest

Married U.S. Households Account for Less Than Half in 2010

By Tom Butala According to the U.S. Census Bureau, the amount of married households in the United States now accounts for less than half of all

Houston-Area Projected to be Top-Performing Residential Market this Year

According to a recent report from Clear Capital, the Houston residential market should be among the nations hottest

Ashton Woods’ Dan Gezella Wins Sales Manager of the Year at NAHB Nationals Contest

The National Association of Home Builders (NAHB) has named Dan Gezella Sales Manager of the Year in The Nationals 2011 Gold Awards. Gezella is vice president of sales and marketing for Ashton Woods Homes’ Houston

December Existing-Home Sales Jump

Nationwide existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of

Mansion from The Godfather for Sale

Fictional character Don Vito Corleone’s mansion has been put on the market for $2.9 million. The Tudor-style home is where Francis Ford Coppola’s 1972 iconic film The Godfather was

Builder Confidence Remains Unchanged In January

Despite an encouraging forecast from panelists at the NAHB’s International Builders’ Show last week, a recent survey by the organization reveals that builder confidence at the time remains relatively

FHFA Announces Plan to Find Alternatives for Mortgage Servicing Structures

By Jessica Bollman Fannie Mae and Freddie Mac have been directed to work together along with the Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) to develop an alternative plan for future mortgage

2010: The Year of Not-So-Empty Nesters

By Tom Butala A recent study from the National Association of Realtors shows that the amount of young adults living at home is at its highest level since the early

Houston Market Concludes 2010 with Appreciation in Prices

The Houston real estate market put the wraps on 2010 with signs of improvement despite six consecutive months of declining

Houston Real Estate Observer Introduces Line-Up of Expert Contributors

The Houston Real Estate Observer (HREO) is proud to announce a spectacular line-up of expert contributors, including veteran journalist Ralph Bivins, who will be driving commentary, insight and opinions on various real estate topics. HREO is the newest online

NAHB Chief Economist: “This Year’s Spring Selling Season Will be Better Than Last Year’s

Housing will see gradual improvements in activity this year as the nation’s economy and job market continue to move to higher ground, establishing momentum that will produce more considerable gains in 2012, according to economists who appeared at the

Home Listings Average More Than Two Price Reductions in December

The number of price-reduced homes on the market this December remained at high levels compared to 2009, rising 23.4 percent according to a report surveying 26 US markets issued by national real estate brokerage,

Trulia Going Global with International Home Search Capabilities

Trulia.com has announced a partnership with ListGlobally, a global property listings firm, to provide Trulia users with the ability to search for homes outside the U.S. Trulia will be ListGlobally’s exclusive partner in the U.S. for international real estate

Record 2.9 Million U.S. Properties Receive Foreclosure Filings in 2010

RealtyTrac released yesterday its Year-End 2010 U.S. Foreclosure Market Report, which shows a total of 3,825,637 foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on a record 2,871,891 U.S. properties in 2010, an increase

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