News / Features

2010 Top Ten Most Searched Real Estate Markets Released by Realtor.com

Realtor.com has released data showing the ten top-searched real estate markets in 2010. While many real estate markets experienced extraordinary highs and lows in response to tax credits, low interest rates and price swings, consumer interest in real estate

AREA Property Partners and Wood Partners JV Acquires Nine-Property Multifamily Portfolio

AREA Property Partners in a joint venture with Wood Partners has acquired a multifamily portfolio in Texas with a total of nine properties and 2,589 units. Five properties are located in Dallas/Fort Worth, three in Houston and one in

Trulia.com Seeks Mobile Innovation in 2011

After impressive growth in 2010, real estate site Trulia.com will focus increasingly on mobile content in

Canyon-Johnson and Centurion Partners Take Ownership of Hotel Icon

Weeks after purchasing the debt on Hotel Icon, former NBA star Earvin ‘Magic’ Johnson’s Canyon-Johnson Urban Funds and Centurion Partners has taken ownership of the property through a consensual foreclosure process. The team will take several steps in the

Energy Law Firm Burleson Cooke Moves to North Tower of Pennzoil Place

Burleson Cooke has completed a move into new offices in Pennzoil Place, significantly adding to its square footage in order to accommodate recent growth fueled in large part by the energy law firm’s work in the nation’s shale

FHA Issues Guidance for Reverse Mortgage Borrowers

The Federal Housing Administration (FHA) yesterday released guidance to homeowners and lenders that use the reverse mortgage or Home Equity Conversion Mortgage (HECM) program and are dealing with outstanding property taxes and unpaid hazard insurance premiums. FHA’s guidance is

National Pending Home Sales Continue Recovery

Pending home sales rose again in November, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of

Sandra Bullock Named Most Desirable Celebrity Neighbor for 2011

U.S. adults would most like to be neighbors with Sandra Bullock in 2011, according to the fourth annual Zillow Celebrity Neighbor Survey. The survey asked U.S. adults which celebrities and politicians they would most like to be their neighbor,

National Association of Realtors Reflects on 2010

2010 has been a year of real estate contrasts. While many consumers have taken advantage of historic buying opportunities and the market has seen a gradual stabilization of sales and prices, other challenges facing the nation have led some

Obama Administration Releases December Housing Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the December edition of the Obama Administration’s Housing Scorecard. The latest housing figures show continued home affordability in the housing market,

Small Home Builders Keep the Nation’s Housing Industry Alive

Small home builders are the mainstay of the nation’s housing industry, including a sizable number of self-employed mom-and-pop operations, according to a new study by economists at the National Association of Home

Homeowners Recoup More with Exterior Replacement Projects

As part of the 2010-11 Remodeling Cost vs. Value Report, the National Association of Realtors recently rated exterior replacement projects among the most cost-effective home improvement projects, demonstrating that curb appeal remains one of the most important aspects of

U.S. Housing Market Shows 23 Percent Year-Over-Year Rise in December National Price Reductions

Trulia.com has released its December price reduction report for the U.S. housing market. Nationally, the number of listings with at least one price cut grew by 23 percent, from 22 percent in December 2009 to 27 percent in December

Housing Starts Rise 3.9 Percent in November

Nationwide housing starts rose 3.9 percent in November to a seasonally adjusted annual rate of 555,000 units from an upwardly revised number in the previous month, according to newly released data from the U.S. Commerce Department. This marked the

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

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