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.
According to a recent RealtyTrac report, April's foreclosure rates are the lowest they've been in 40 months, dating back to late 2007 and early 2008.
In all, the total number of default notices, scheduled auctions and bank repossessions during April was 219,258. This figure is down 9 percent month-over-month and represents a 34 percent year-over-year decrease.
"Foreclosure activity decreased on an annual basis for the seventh straight month in April, bringing foreclosure activity to a 40-month low," said James Saccacio, chief executive officer of RealtyTrac. "This slowdown continues to be largely the result of massive delays in processing foreclosures rather than the result of a housing recovery that is lifting people out of foreclosure."
Completed foreclosures nationwide averaged 400 days during the first quarter of 2011, spanning from the initial default up until the properties become real-estate owned. The 400-day average is up year-over-year from 2010, when the process took 340 days.
Foreclosed Dallas, San Antonio and Houston properties contributed to making Texas one of the top ten in terms of activity, with just under 8,800 instances. California's total was the highest with 55,869. In fact, 10 states accounted for 70 percent of all U.S. foreclosure activity during the month.
Mortgage delinquencies move lower in JanuaryAccording to Lender Processing Services, the total U.S. loan delinquency rate fell to 7 percent in January, down from 9 percent in December and from 8.3 percent during the same month in 2012March 11th, 2013 6:03am
MBA: Foreclosures hit four-year lowFewer people experienced foreclosure in the final three months of 2012, according to a new report from one of the foremost real estate industry sources.February 28th, 2013 3:52am
National foreclosure inventory declinesThe national foreclosure inventory thinned in August to the lowest level seen since the middle of 2010, which could be an indicator that the housing market recovery is well underway.October 5th, 2012 9:58am
Log in, to view your saved searches and add to your favorite listings.