Archive for Houston Real Estate
New home sales drop 12.4%
New home sales unexpectedly fell in July to the lowest level on record as the housing market continued to suffer from the end of the homebuyer tax credit boost.
Toll Brothers: First profit in 3 years
Homebuilder Toll Brothers made a profit last quarter — its first in three years. And it largely has Uncle Sam’s tax credits to thank for it.
Best moves for home buyers and sellers
Plenty of forces, from overly cautious lenders to inaccurate appraisals, are wrecking real estate deals right now. But one of the biggest roadblocks to getting a house sold these days is the disconnect between buyers and sellers.
Home builder plans projects with help from city
A Houston builder is planning more than 1,200 homes in three projects proposed for neighborhoods just north of Interstate 10.
10-year yield at 19-month low
Treasury yields continued to fall Tuesday, with the yield on the benchmark 10-year note holding near a 19-month low, as a spate of dour economic news has driven investors into safer assets, like government-backed debt.
Plunging home sales could sink recovery
With home sales plunging to their lowest level in 15 years, economists warn that a double-dip in housing prices is just around the corner, threatening to further slow the overall recovery.
The latest real estate rip-off?
Would you be willing to pay the original builder a fee when you resell your home? That’s an obligation some developers are trying to slap on homeowners in their communities.
Foreclosure program losing its punch
The president’s signature foreclosure rescue plan is losing its punch, according to a federal report released Friday.
Refinancing applications at 15-month high
Applications for mortgage refinancing hit a 15-month high last week as interest rates remained near historic lows, a mortgage bankers’ group said Wednesday.
5 most affordable cities to buy a house
These are the five most affordable major metro areas in the nation for homebuyers and five markets where home prices are least affordable.