Houston Real Estate | Houston Real Estate News | Houston Realtors

2M Realty is your has over 20-years experience in all aspects of the Houston real estate market. Whether you are buying, selling, renting or leasing property in Houston, we are knowledgeable Houston Realtors you can rely upon.

Search the Houston MLS to view over 50,000 Houston Properties for sale or lease. Find homes for sale, condominiums, townhomes, high rises, and homes for rent. Locate and research Houston commercial property, including retail centers, office buildings, industrial sites, warehouse space, commercial pad sites and other Houston land for sale.

The greater Houston Texas real estate market includes surrounding cities such as Baytown, Sugar Land, Galveston, Richmond, Katy, Missouri City, Pasadena, Kingwoood, Tomball, Cypress and the Conroe real estate market, as well as all areas encompassed by Harris County and the nine adjacent Texas Counties.

 

... Click here to search more Houston Texas Real Estate

Houston Condos, Houston Townhomes, Houston High-Rises
To search Houston Condos, Townhomes or High-Rises please Click Here or go to our Houston MLS search page and select your criteria.

Houston Homes for Rent
To search Houston Homes for Rent please Click Here or go to our Houston MLS search page and select your criteria.

Houston Commercial Real Estate
To search Houston Commercial Real Estate and other Houston Commercial Property please Click Here.

Contact 2M Realty

If you have any questions or need more detailed information, please feel free to contact us via phone at (888) 847-HOME or fill out the form to let us know how we can help with your real estate needs.

Office Location 2M Realty Advisors, LLC
23569 FM 1314
Porter, TX 77365
(888) 847-HOME Toll Free (281) 354-3500 Office
(281) 354-3100 Fax
support@2Mrealty.com

Real Estate News ~ Real Estate Newsfeed RSS

 

 

Distressed Properties

« Back to Main News Page

  • New foreclosure regulations to keep Houston homeowners informedThe new standards are known as the servicer alignment initiative and will be applicable to all government-backed mortgages.New mortgage standards for major lenders are due to take effect starting January 2012, Marketwatch reports.October 17th, 2011 10:15am
  • Harris County preparing to file suit against major lendersThe major settlement between major banks and many of the state attorneys general may not absolve banks of all liability over problems with the mortgage process.October 13th, 2011 9:40am
  • Residential vacancies, homeownership both down during second quarterNational vacancy rates, along with homeownership, were down during the second quarter.According to a recent report from the U.S. Census Bureau, the rates for both residential vacancies, including rentals and houses, and homeownership declined during the second quarter.August 1st, 2011 4:05am
  • Price-reduced homes remain widespread nationwideMany properties for sale have price cuts.A report from California-based ZipRealty finds homesellers in many parts of the country continue to cut their asking prices, providing affordable options for those looking to buy Houston homes.April 27th, 2011 11:00am
  • Research finds lower homebuyer activity, increased distressDistressed properties remain prevalent.Distressed properties make up nearly half of the housing availability in the U.S., according to research from Campbell's HousingPulse tracking survey.April 27th, 2011 2:52am
  • House bill would give short sale deadlineOfficials hope a new short sale bill will reduce foreclosures.A bipartisan bill introduced in the U.S. House this week would work to speed up the short sale process and keep many of those properties from going into foreclosure.April 15th, 2011 7:11am
  • Some foreclosure buyers could get closing cost assistanceForeclosure buyers could get additional financial help.Potential homebuyers looking to purchase Houston foreclosures may be able to get some help paying for their closing costs under a revamped program from Fannie Mae.April 12th, 2011 9:51am
  • Year-over-year home prices decline for seventh straight monthHome prices declined year-over-year for the seventh consecutive month.According to CoreLogic's Home Price Index, the year-over-year value in February for the market showed decline - the seventh straight month for this trend.April 8th, 2011 7:13am
  • Shadow inventory drops slightlyMany foreclosed homes haven't even been listed for sale yet.The national backlog of distressed properties that have not yet reached the market - dubbed the shadow inventory - dropped slightly in January, as the pace of foreclosure sales has continued to be strong.March 31st, 2011 9:21am
  • "Vultures" boosting housing marketInvestors are turning around many foreclosures.With the widespread foreclosures found in many areas, Bloomberg reports a number of investors - dubbed vultures by some - have swooped in to purchase large numbers of foreclosed properties, rehab them and then put them back on the market for buyers or renMarch 29th, 2011 10:48am
  • Banks becoming more open to fixing up foreclosuresSome banks are sinking money into their foreclosures to increase sales.The Chicago Tribune says, in the past, most banks have been unwilling to spend money to spruce up their foreclosed properties. But with so many distressed properties available, some may be changing their tune.March 15th, 2011 9:52am
  • Foreclosures slide across U.S.Foreclosures fell in Feburary nationwide.While the controversy over foreclosures continues across much of the country, data from RealtyTrac showed a significant decline in activity last month.March 11th, 2011 8:35am
  • Survey finds problems linger with short salesShort sale transactions may take months to work through.With a large number of distressed Houston properties on the market, a number of potential buyers may be looking at local short sales. However, a recent survey says those looking at short sales should be prepared to be patient.March 9th, 2011 10:35am
  • Texas foreclosure sale rates below the 2010 national averageForeclosure sales are less common in Texas than in other states.The Texas real estate climate continues to be better than the national market, as the sales of Houston foreclosures continue to be lower than average.February 24th, 2011 11:44am
  • Experts say drug ring bust could make almost a dozen Houston properties availableAuthorities could make seized property availableA large-scale bust of 15 suspected members of a nationwide drug smuggling operation may result in 11 Houston real estate parcels going on the market if their forfeiture is approved.February 18th, 2011 7:33am
  • Houston foreclosures increase sharply in 2010Foreclosures in Houston picked up in 2010.Although the Houston real estate market largely avoided the waves of foreclosures across the country in recent years, a report from RealtyTrac shows that it hasn't been able to escape them completely.January 28th, 2011 11:59am
  • Foreclosure sales pick upForeclosure sales increased in December.The sales of distressed properties picked up significantly in December, as more first-time homebuyers entered the market during the month.January 26th, 2011 10:59am
  • Foreclosure inventories rise againThe number of foreclosed homes has continued to grow.The impact of foreclosures should continue to be felt in real estate markets across the country in the coming months, as the number of distressed properties has risen.December 29th, 2010 7:29am
  • Foreclosures plummet due to lender freezesForeclosures dropped nationwide in November.As many banks across the country halted their foreclosure processes this fall, the number of foreclosures dropped dramatically nationwide, according to a report from RealtyTrac.December 20th, 2010 12:23pm
  • Negative equity rises slightly in HoustonNegative equity statistics have gone slightly downhill locally.The latest data from CoreLogic shows a slight increase in the number of Houston homes that have "underwater" loans, which may lead to more foreclosures and make it harder for those homeowners to refinance.December 14th, 2010 9:39am
  • Houston foreclosures skyrocket in third quarterForeclosures made up 12 percent of homes sold in Texas.Almost 12 percent of residential properties sold in Texas in the third quarter of this year were in some stage of foreclosure, according to a recent report from RealtyTrac.December 2nd, 2010 11:11am
  • Stream of Texas foreclosures to continue in coming monthsWhile foreclosed homes may continue to be prevalent in the local market, their numbers should slowly fade.A number of new Houston foreclosures may enter the market in the coming months, adding to the properties already on the market. But as time moves forward the number of new REO properties should fall, according to the mortgage firm Lender Processing ServicNovember 30th, 2010 7:36am
  • Buyers now steering clear of foreclosed homesMany potential homebuyers are avoiding distressed properties.A new report says that the recent foreclosure documentation controversy has had the effect of driving many potential buyers away from Houston foreclosures, and either driven them towards non-distressed properties or out of the housing market altogether.November 30th, 2010 7:34am
  • Shadow inventory to drag housing recoveryCoreLogic says that the backlog of distressed properties is expanding.While the nation's housing inventory has continued to show modest improvements over the past few months, a report from CoreLogic says that a severe backlog of distressed homes waiting to hit the market will act like an anchor for some future improvements.November 24th, 2010 7:22am
  • Texas foreclosures rise despite lender freezesDespite freezes by some lenders, foreclosures continued to rise in Texas.The Houston real estate market may continue to see high levels of distressed properties, as the number of foreclosures in Texas continued to grow in October, despite the nationwide freezes put in place by many mortgage lenders across the country.November 11th, 2010 12:06pm

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends