Real Estate News

  • Majority of US homes underwater

    Value appreciation is causing a majority of home mortgages to be underwater.

    A new study from real estate information company RealtyTrac reported that a majority of home mortgages are currently underwater. July 24th, 2014 12:24pm

  • New home sales fall in June

    Sales of new homes fell under expectations in June.

    The current pace of home sales in the U.S. has some housing experts worried about will happen for the rest of the year. July 24th, 2014 12:05pm

  • Housing activity is dependent on life and economic situations

    Millennials are not to blame for lagging home sales.

    A new report stated that although many housing experts put the blame of lagging sales on indecisive millennial buyers, Generation Y is actually not to blame. July 23rd, 2014 10:05am

  • Existing home sales up in June

    Existing home sales were up in June.

    An increased inventory and rising existing home sales helped push the housing market to a balanced level in June, according to the National Association of Realtors. July 22nd, 2014 10:44am

  • Foreclosure activity resembling pre-recession numbers

    Foreclosure activity was down in June.

    Foreclosure filings fell in June and are floating around pre-recession numbers. July 18th, 2014 10:42am

  • Home building confidence up in July

    The  National Association of Home Builders/Wells Fargo Housing Market Index was over 50 for the first time since January.

    Home builder confidence was positive and also reached an important mark in July. July 16th, 2014 10:30am

  • Houston housing market is back to its old self

    The Housing housing market recorded positive gains in June.

    After producing the first decline in home sales in three years in May, housing activity in Houston has reverted back to its old self. July 15th, 2014 11:02am

  • Housing scorecard was positive in June

    Housing conditions remained positive in June.

    The June edition of the President Barack Obama Administration's Housing Scorecard showed that more equity is growing and home sales improved during the month. July 14th, 2014 10:40am

  • Pending home sales up in May

    Pending home sales were up in May.

    Pending home sales rose in May, a sign that the U.S. housing market recorded positive numbers in the spring and that there may be more housing activity to come in the back half of the year, according to the National Association of Realtors. July 11th, 2014 10:29am

  • Castro approved as HUD secretary

    Julian Castro will be the new HUD secretary.

    The Senate has voted to approve San Antonio Mayor Julian Castro as the new secretary of Housing and Urban Development. July 10th, 2014 10:47am

  • Texas condo sales up

    Texas condo sales are up.

    Condo sales in Texas were strong during the first five months of 2014, according to a new report from the Texas Association of Realtors. July 9th, 2014 9:35am

  • Fed to finish tapering in October

    The Federal Reserve is planning to end its tapering in October.

    Instead of continuing with the current pace for reducing its quantitative easing program, the Federal Reserve may do a $10 billion or $15 billion taper followed by a final $5 billion reduction, according to the minutes of the June Federal Open Market Comm July 9th, 2014 9:17am

  • Zombie foreclosures still prevalent in a few states

    Zombie homes are still a problem for many foreclosures.

    Although the U.S. housing market continues to show signs of life, zombie foreclosures still remain a problem in a few states. July 8th, 2014 9:35am

  • FHFA: Q1 short sale, foreclosure activity down significantly

    The rate of mortgage delinquency has been falling sharply, as well, with seriously delinquent GSE loans down 8 percent from the fourth quarter of 2013 through the first quarter of 2014.

    Short sale and foreclosure activity continued its sharp decline through the first few months of 2014, offering an indication that government programs designed to improve home retention and mortgage fulfillment rates may be working as intended. July 1st, 2014 8:42am

  • Home prices up in April

    The S&P/Case-Shiller Home Price Index was up in April.

    Home prices rose in April and the housing market could see more activity due to pent up demand from consumers. June 25th, 2014 9:18am

  • Housing starts down in May

    Starts on home production was down in May.

    Housing production tumbled a bit in May, but economists are hoping that this is just a minor bump in the road. June 25th, 2014 8:58am

  • New home sales exceed expectations in May

    New home sales were up in May.

    Sales of new homes in the U.S for May showed a heightened level of activity. June 24th, 2014 6:05am

  • Existing-home sales increased in May

    Existing-home sales were up in May.

    Existing-home sales increased in May, according to a new report from the National Association of Realtors. June 23rd, 2014 8:36am

  • All-cash sales down during first quarter

    Cash deals for home dropped in the first quarter of 2014.

    The number of all-cash home purchases decreased during the first quarter of 2014 compared to the same period a year ago, according to a new report from real estate database company Zillow. June 19th, 2014 7:35am

  • Loan modifications helping out homeowners

    More than 7 million people got their loans modified since 2007.

    HOPE NOW, an organization comprised of real estate professionals to help homeowners in distress, revealed in a new report that 7.02 million homeowners have had their loans modified since 2007. June 18th, 2014 6:27am

  • Houston housing activity down to a simmer

    The Houston housing market has cooled down a bit.

    Activity in the Houston housing market has been booming for the last few years, but that heightened level looks to be cooling off. June 17th, 2014 9:59am

  • Builder confidence rose in June

    Home builder confidence rose in June.

    Builder confidence in the new, single-family home market increased in June but was still under expectations, according to the National Association of Home Builders/Wells Fargo Housing Market Index. June 16th, 2014 7:15am

  • Mortgage rates increase for second straight week

    Mortgage rates increased for the second consecutive week, but came in at expectations.

    The average rate for 30- and 15-year mortgages were up over the past week and met expectations, according to Freddie Mac. June 13th, 2014 4:45am

  • How millennials are impacting Texas real estate

    Austin is a top pick for millennials.

    Houston, Dallas and Austin are some of the big centers of millennials. June 12th, 2014 6:54am

  • Economy still a concern for homebuyers

    The current state of the economy is stopping homebuyers from purchasing a home.

    Housing growth may be influenced by homebuyers concerns about the current sate of the economy and their incomes, according to a new survey form Fannie Mae. June 11th, 2014 10:03am