News / Features

Foreclosure Activity Decreases 21 Percent in November

RealtyTrac released yesterday its U.S. Foreclosure Market Report for November 2010, which shows foreclosure filings were reported on 262,339 U.S. properties in November, a 21 percent decrease from the previous month and a 14 percent decrease from November 2009.

Real Estate Panelist Brandi McDonald: “Houston is the Place to Be”

Houston-based law firm BoyarMiller hosted its annual commercial real estate forum yesterday at the Houstonian Hotel. Covering all facets of the real estate industry, experts agree 2011 is looking up for Houston. As Brandi McDonald, managing director & senior

Residential Market Shows Third Consecutive Quarter of Negative Equity Decline

CoreLogic has released negative equity data indicating a third consecutive quarterly decline in negative equity for residential

Builder Confidence Remains Flat in December

Builder confidence in the market for newly built, single-family homes remained unchanged in December from the previous month at 16 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released

Price-Reduced Listings Continue to Soar Over Last Year

The number of price-reduced homes on the market this November increased dramatically compared to the same time last year, rising 24.1 percent according to ZipRealty’s Price Reduction Index, a monthly review of MLS-listed properties in 26 markets surveyed by

Houston Residential Market Named a Top Performer in Latest Report from Clear Capital

Clear Capital (www.ClearCapital.com) has released its monthly Home Data Index (HDI) Market Report, providing a granular analysis of how local markets performed through November of this year, compared to the national downward trend in home

FirstService Acquires Association Management, Inc.

FirstService Corporation has announced that it has acquired an 80 percent interest in Association Management, Inc., (AMI), Houston’s largest and most prestigious residential property management company. David and Glenda Regenbaum, founders and officers of AMI, will retain the balance

Brookfield Office Properties Acquires Heritage Plaza

Brookfield Properties Corporation (BPO) has announced that it has acquired Heritage Plaza – the 53-story, 1.2-million-square-foot trophy office tower in Houston’s central business district – from Goddard Investment Group LLC for $321.5

Trump for President in 2012?

Real estate developer and host of his own reality TV show Donald Trump has hinted that he might consider running for president in

U.S. Homes Set to Lose $1.7 Trillion in Value During 2010

U.S. homes are expected to lose more than $1.7 trillion in value during 2010, which is 63 percent more than the $1 trillion lost in 2009, according to an analysis of recent Zillow Real Estate Market Reports. That brings

New Survey Reveals 58 Percent of Americans Expect Housing Market to Recover After 2012

Trulia.com, a top site for homebuyers, sellers and renters, and RealtyTrac, the leading online marketplace for foreclosure properties, Tuesday released the latest results of an ongoing survey tracking homebuyers’ attitudes toward foreclosed homes. Results of the survey conducted online

HUD to Investigate Allegations That 22 Banks and Mortgage Lenders Discriminate Against Black and Latino Loan Seekers

The U.S. Department of Housing and Urban Development announced yesterday that it is launching multiple investigations into the practices of certain mortgage lenders to determine if their home loan policies illegally deny qualified Black and Latino borrowers access to

Dunhill Homes Enters Houston Market With Amberwood at Fall Creek Development

Dunhill Homes, an established homebuilder in the Las Vegas and Dallas-Fort Worth areas, is pleased to announce their expansion into the Greater Houston-area with the Amberwood at Fall Creek development in Humble, Texas. With townhome pricing beginning at $125,000,

Entry Deadline for the 15th Annual Webby Awards Approaches

The 15th Annual Webby Awards will honor excellence on the Internet in the summer of 2011, the final date to enter the most innovative work online is December 17th. Entries for ‘Best Real Estate Site’ of the year can

Calvert Updates ‘Green Homebuilder’ Rankings Based on Environmental and Sustainable Practices

America’s 10 largest publicly traded homebuilders have started to improve their policies and practices relating to the environment and resources, but much progress remains to be achieved, according to a major new study by Calvert – one of the

Fannie and Freddie to Suspend Foreclosure Evictions for the Holidays

Freddie Mac and Fannie Mae, the two government-controlled mortgage entities, have announced that they will freeze all foreclosure evictions on mortgage loans they own or back from Dec. 20, 2010 through Jan.3,

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