News / Features
The Department of Commerce released data today on housing starts, showing a housing market that, despite some low numbers, is showing signs of
The Houston Habitat for Humanity is going green with the help from Alternative Power Solutions Corp., dba APS Solar. Now partners, these two organizations are working towards building 20 residences with solar electric systems to bring Milby Park subdivision
The Federal Reserve Bank of New York today released its latest report on consumer credit, stating that credit continues to improve in the wake of the 2008 economic
In an effort to combat the frequently negative reports on the U.S. housing market, the National Association of Home Builders (NAHB) is crafting a new index that emphasizes growing and positive aspects of the
America’s real estate market could be on an “unsustainable path,” faced with an oversupply of homes inaccessible to either renters or buyers. That’s what three Morgan Stanley analysts argue in a recent paper that outlines steps that can be
Harris County in northwest Houston, which has roughly 400,000 residents, is expected to grow by more than 2.5 percent per year over the next 10 years, undergo redevelopment along its major thoroughfares and add millions of dollars in new
Standard and Poor’s Rating Services (S&P) recently downgraded Fannie Mae’s and Freddie Mac’s credit rating from AAA to AA+ because it’s linked to the long-term debt of the U.S. S&P previously downgraded the U.S.’s credit rating to AA+ as
In recent survey of college towns that are promising for real estate investors, Houston is No.
Freddie Mac reported $27 million in expenses for maintaining and reselling REOs in the second quarter, as opposed to the $257 million reported for the previous
Despite the nation’s credit downgrade, the Federal Housing Finance Agency assured investors that securities issued by the Treasury and other government-sponsored enterprises (GSE) are still
After losing $8.7 billion in the first quarter, Fannie Mae has reported a loss of $5.2 billion in the second quarter. Fannie Mae still owes the Treasury $104.8 billion, but now the Federal Housing Finance Agency is requesting another
With the end of the shuttle area comes an increase in layoffs. Thousands are expected to loose their jobs as NASA’s space shuttle program comes to a close, and the layoffs are creating a cloud of uncertainty over an
Earlier this year, Federal Housing Association (FHA) seemed to be in a steep hole when it came to the REO inventory. However, a recent report shows that FHA has sold a record number of REO in June, breaking the
The Market Composite Index shows that the measure of mortgage loan application volume has increased 7.1 percent this week, while similar numbers have moved up and down. According to Mortgage Bankers Association’s weekly applications survey for the week ending
More homebuyers are understanding the importance of green building features and studies show that green-certified homes are worth more than non-certified homes in the housing market. One analysis from the Earth Advantage Institute found that on average green-certified buildings
Plans for Winfield Gate, a community of luxury homes, are back in motion for an assemblage of property fronting San Felipe, just East of Kirby Drive. The plans had been put on hold during the economic
