Existing home sales exceeded expectations in August, growing at a seasonally-adjusted monthly rate of 7.7 percent  and year-over-year rate of 18.6 percent. Existing homes include single family, town homes, condominiums and co-ops. For the South, monthly sales were up

NASA may conduct training and space research at the Lyndon B. Johnson Space Center in Houston, but the area’s real estate may soon be joining those astronauts if it keeps posting year-over-year sales like it did in August. According

The Residential Remodeling Index, which is compiled monthly by Austin, Tx.-based BuildFax, rose in July for the 21st straight month, an indication that homeowners are opting to renovate their current homes rather than buy new properties – and with

Glenbrook Valley is steadily regaining popularity and growing into one of the city’s up-and-coming communities. The neighborhood, located on Houston’s southeast side, was marked as a historic designation earlier this summer. Residents say they are drawn towards the mid-century

HouseFix.com, an online social networking community for homeowners and contractors, debuted recently to mixed reviews. The site offers peer recommendations for the home repair industry and launched at the TechCrunch Disrupt Battlefield (TCDB), a premier conference for startup companies.

Existing home sales in August are projected to increase 5.4 percent from July and 15.8 percent year-over-year, according to the most recent projections from Tom Lawler, a noted analyst of the housing market. Lawler said he based his estimates

Cypresswood Estates, a housing community for active adults over the age of 55, is a finalist for this year’s Multifamily Pillars of the Industry award by the National Association of Home Builders (NAHB). The grounds for the nomination: the

Despite efforts by politicians and housing professionals, federal housing limits will likely decrease on Oct. 1, a development that could hamper homeownership in some markets. The limit to loans by Fannie Mae, Freddie Mac and the Federal Housing Authority

Household debt declined for the 12th straight quarter, as a decrease in mortgages pushed total debt down by a seasonally-adjusted 0.6 percent and mortgage debt by 2.4 percent, according to data from the Federal Reserve. John Wasik, a columnist

“Doubled-up” homes, or, homes that include at least one additional adult who is neither a student nor the homeowner’s spouse/partner, decreased by 0.4 percent in 2011, though the total number of doubled-up homes remains far above its 2007 totals.

The National Association of Realtors has responded to a request from the U.S. Department of Housing and Urban Development, the Federal Housing Finance Agency and the U.S. Department of the Treasury for input on recommendations for selling real estate

August home sales defied seasonal trends and rose 18 percent from last year, according to new data from RE/MAX. Historically, June is the highest-selling summer month, but in 2011, both July and August exceeded June’s sales

LGI Homes, a Texas builder with operations in Houston, had a record-breaking August with 84 closings, a 47 percent increase over July. Ironically, July in itself was a record month for the developer, when it sold 57 properties. August

The seemingly never-ending debate on housing policy continued on Wednesday in Washington, as economists and policy analysts from a myriad of organizations testified before a Senate subcommittee on what to do about housing, particularly the 11 million borrowers who

Prudential Gary Greene, Realtors announced its new Multicultural-International Real Estate Division today. The division will be focused on servicing the needs of Houston’s growing multicultural population. “With the Asian and Hispanic population growing at three times the rate of

KeepSum, a website that attempts to bring the same bright, zany style of the gloriously successful Groupon to real estate, has just formally launched, beckoning Realtors to “save some, keep sum.” Functioning more on a business-to-business basis than business-to-consumer,