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Houston Real Estate Blogosphere
Houston Real Estate Blogosphere brings together all the blog posts of REALTORS from the Houston area in one place
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Home Values & Recent Sales

The most recently published posts in the Home Values & Recent Sales category
A survey of 1,793 members of the National Association of REALTORS® by the Consumer Electronics Association (CEA) reveals that more than 50 percent are excited about homes with new technologies, and nearly 67 percent say that their clients are as well. More than 90 percent of REALTORS® have aided in the purchase, sale, or showing of a home with advanced technologies. Here are the most common tec...
Read Post [Posted on 11/26/2014 By John Askins]
Sales of million-dollar homes are soaring: Deals on existing homes priced above $1 million climbed more than 16 percent in October compared to a year ago, according to National Association of REALTORS® housing data. The increase was bigger than any other price segment. "There is little volatility in the stock market. It is whoppingly higher, so people in the top 10 percent of wealth are re...
Read Post [Posted on 11/25/2014 By John Askins]
Rising home prices have helped many home owners welcome the return of equity in their homes last year, CoreLogic reports.“The plight of the underwater borrower has improved dramatically since negative equity peaked in December 2009 when more than 12 million mortgaged home owners were underwater,” says Mark Fleming, chief economist for CoreLogic. “Over the past four years, more than 5 mil...
Read Post [Posted on 11/25/2014 By John Askins]
Find out why real estate is poised for a comeback this spring and why the mortgage interest deduction is important to the economy as a whole.April 17, Tax Day, is fast approaching. So, if you itemize, remember to take advantage of the mortgage interest deduction, one of the many benefits of home ownership. The MID saves the average home owner about $3,000 per year. In addition, as mortgage rates b...
Read Post [Posted on 11/24/2014 By Garrett McWhorter]
Consumer confidence, bidding wars, and smaller home inventories signal a bullish outlook for the housing economy.Things are looking up for home owners, home buyers, and the U.S. economy: More and more news outlets report improving real estate conditions. Plus, watchdog agency, the Consumer Financial Protection Bureau, has got consumers’ backs with proposed regulations that would ensure transparenc...
Read Post [Posted on 11/24/2014 By Garrett McWhorter]
In this week’s housing news roundup, short sales flex some muscle while regulators and legislators debate changes to mortgage loan rules.For the first time since the housing crisis began, short sales are becoming more prevalent than foreclosures. In addition, new rules are coming that would speed up the drawn-out short sale process. That’s good news for home owners underwater on their mortgages as...
Read Post [Posted on 11/24/2014 By Garrett McWhorter]
For the second consecutive month, existing-home sales were on the rise in October, now above year-over-year levels for the first time in 12 months, according to the National Association of REALTORS®’ latest housing report. Existing-home sales rose 1.5 percent to a seasonally adjusted annual rate of 5.26 million in October. Sales now are at their highest annual pace since September 2013....
Read Post [Posted on 11/24/2014 By John Askins]
Amenities can make or break a listing, but one seller in Telluride, Colo., isn't taking chances: The home, listed at $13.7 million, has features that will catch the eye of any buyer who enjoys wine. If that buyer happens to enjoy skiing, so much the better, and if that buyer happens to love the idea of setting these activities in a mining motif, it's time to talk money.The 8,706-square-f...
Read Post [Posted on 11/23/2014 By John Askins]
One in four home sellers are reporting they’ve had to lower their list price, according to a report released by the real estate brokerage Redfin. That represents the highest level since 2011, according to the Redfin survey. It also represents a far greater number than in the spring, when just one in seven sellers reduced list prices.  More home buyers are showing a willingness to wait u...
Read Post [Posted on 11/22/2014 By John Askins]
New Fannie and Freddie rules and bipartisan bills aim to speed the short sale process, preventing more home owners from slipping into foreclosure and keeping the economy on its feet.Imagine you’re underwater on your mortgage, but you’re trying to sell your home. Your REALTOR® has a buyer lined up. Everything looks good to go. Except there’s one small problem: Your lender isn’t responding to your r...
Read Post [Posted on 11/21/2014 By Garrett McWhorter]
Home sales rise, foreclosures fall, and the latest national flood insurance deadline looms.In our Friday Five roundup of top housing news, we look at a return to traditional home sales: With rents on the rise across the country, many are taking advantage of low prices and short sale opportunities to trade in their lease for a mortgage. Also this week, we begin the countdown for national flood insu...
Read Post [Posted on 11/21/2014 By Garrett McWhorter]
Homebuyers were drawn into the housing market in October 2014 by low interest rates and a growing number of properties for sale, data from the NATIONAL ASSOCIATION OF REALTORS® show.The median existing single-family home price hit $208,700 in October, up 5.5% from October 2013, marking the 32nd consecutive month of year-over-year price gains. The median condo/co-op price reached $205,400 in Octobe...
Read Post [Posted on 11/21/2014 By Garrett McWhorter]
Of the 25 largest metro areas, which one is the most affordable to home owners? Minneapolis is the newly crowned champ, edging out Atlanta in this year's 2014 Home Affordability Study conducted by Interest.com. The report takes an annual look at the cost of home ownership compared to income and expenses in the nation's largest metro areas, using data from the National Association of REALTO...
Read Post [Posted on 11/21/2014 By John Askins]
McAllen, Texas, has been ranked the most affordable urban area in the nation, according to a recent quarterly report by the Council for Community and Economic Research. The report ranked cities based on a cost-of-living index that covered housing, utilities, grocery items, transportation and health care expenses. McAllen’s cost of living is 15 percent lower than Austin, 61 percent lowe...
Read Post [Posted on 11/20/2014 By John Askins]
National market update Existing-Home Sales Rebound in September WASHINGTON (October 21, 2014) – After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the National Association of Realtors®. All major regions except for the Midwest experienced gains in September. Read more Infographic: S...
Read Post [Posted on 11/17/2014 By Stacy McAdams]
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