News / Features

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

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,

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