Real Estate News
Due in part to the increased number of distressed estates being sold during the month, home prices for Houston properties during April declined year-over-year.Overall, home prices were down 3.37 percent from April 2010 to April 2011, according to the most recent data compiled by CoreLogic. When distressed properties are subtracted from the...
The latest report from Altos Research discovered that the median prices of homes nationwide increased during May, while inventory slowed slightly.Overall, the Altos national median price settled at $444,273 during May, which is an improvement from $440,194 in April.
Home prices also experienced significant increases throughout the country. San...
Negative equity affecting 22.7 percent of homes nationwide
According to a recent report conducted by CoreLogic, a significant number of homes throughout the country are suffering from underwater mortgages.
Overall, 10.9 million homes with mortgages, representing 22.7 percent of the country, have a larger balance on their home loan...
According to a recent report conducted by CoreLogic, a significant number of homes throughout the country are suffering from underwater mortgages.Overall, 10.9 million homes with mortgages, representing 22.7 percent of the country, have a larger balance on their home loan...
According to a recent report issued by Inman News, the South is the place to invest in real estate.The company compiled a list of the 10 top markets for real estate investors based upon several factors, including affordability, prices fluctuations, foreclosure sales, population growth, unemployment rates and return-on-investment rates during the...
According to a recent CNNMoney report, one major reason for the continued struggles of the U.S. economy is the large average amount of household debt.Experts relayed to the news source that the amount of debt owed by households and businesses is a larger issue than the government debt. Furthermore, as unemployment levels and slow growth continue...
According to Clear Capital's most recent Home Index Data, property values throughout the U.S. are showing quarterly improvement.While quarter-over-quarter prices were down 4.9 percent during April, Clear Capital discovered increased transactions during the last 30 days, more as buyers are emerging from the recent bad weather to purchase...
Officials from ExxonMobil recently relayed that the company is moving to a new energy-efficient campus located on a 385-acre site in Houston.The campus will be the new location for any workers located in the north Houston area and will contain multiple low-rise office buildings, as well as laboratory, conference and training centers. In addition,...
According to a recent Biz Journals report, Houston's real estate market could soon be assisted by a rising number of commercial properties.The article's author, Jennifer Dawson, recently spoke with Mark Henderson, a member of HOK, a local architecture firm. Henderson relayed that healthcare facilites are going to become smaller and more...
Recently, the job market in Houston experienced fluctuations, as many workers in the financial sector lost their jobs, while the region's retail industry added more positions.According to recent analysis from the U.S. Bureau of Labor Statistics, Houston's financial sector has lost 9,700 jobs during the last three years. In April, the...
When United Airlines and Continental Airlines agreed to merge companies last May, many involved with the move were optimistic. However, a recent report in the Houston Chronicle detailed how the region will be negatively affected.Due to the merger, as many as 1,500 workers will lose their jobs in the company's corporate offices located in...
