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NEW YORK CITY ( New York Times ) – New single-family homes sold at a seasonally adjusted annual rate of 300,000 in May, down 32.7 percent from the April rate of 446,000, according to the latest government figures. The May sales rate is 18.3 percent Read More...
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SAN FRANCISCO (RealtyTrac) – The four major Texas metros had increases in residential foreclosures in the first quarter of this year, according to RealtyTrac statistics released yesterday. Austin–Round Rock fared best, although foreclosure Read More...
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FORT WORTH ( Fort Worth Star-Telegram ) – For the second year in a row, Texas cities took half of the top ten spots in Newgeography.com's annual ranking of the best cities in the nation in which to find a job. Austin–Round Rock–San Read More...
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DALLAS ( Dallas Morning News ) – Sixty percent of Dallas County homeowners will see a decrease in their home values this year, according to the Dallas Central Appraisal District. Last year, that number was 55 percent. Values will increase for 20 Read More...
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TEXAS (Real Estate Center, Reuters, CNNMoney.com) – A total of 13,064 existing single-family homes were sold in Texas last month, a 2 percent drop from February 2009, according to MLS data compiled by the Real Estate Center at Texas A&M University. Read More...
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TEXAS (Real Estate Center, Reuters, CNNMoney.com) – A total of 10,217 existing single-family homes were sold in Texas last month, a 5 percent drop from January 2009, according to MLS data compiled by the Real Estate Center at Texas A&M University. Read More...
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DALLAS ( Dallas Business Journal ) – By the end of 2009, 10.3 percent of Texas home loans were delinquent — up 0.5 percent from the third quarter — but the number of loans 30-60 days delinquent fell 11 basis points to 4.43 percent, according Read More...
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WASHINGTON ( Associated Press ) – After one year of activity, the government’s mortgage relief plan has helped about 12 percent of borrowers who signed up for the program. According to the Treasury Department, about 116,000 homeowners had Read More...
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COLLEGE STATION (Real Estate Center) – Texas is experiencing its highest residential foreclosure rate since the late '80s. All residential foreclosures are governed by strict statutory rules, and Real Estate Center attorney Judon Fambrough says Read More...
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DALLAS ( Dallas Morning News ) – After a 4 percent year-over-year fall in February foreclosure postings, March postings increased 30 percent from the same month last year, according to Addison-based Foreclosure Listing Service. The 5,548 postings Read More...
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NEW YORK (McGraw-Hill) – The value of Texas construction starts will advance 16 percent to $52.5 billion this year, according to the 2010 Texas Construction Outlook from McGraw-Hill Construction. Growth is expected for each of Texas' major metropolitan Read More...
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DALLAS ( Dallas Morning News ) – North Texas home builders posted more conservative home start numbers in 2009 than in previous years, but some still fared well. Overall, builders started about 13,500 homes in the area last year, a more than 70 Read More...
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COLLEGE STATION (Real Estate Center) – The nation’s labor market hit bottom in August 2009, but the Texas labor market has not yet hit that mark. The Texas economy lost 277,400 nonfarm jobs from December 2008 to December 2009, an annual job Read More...
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FORT WORTH ( Fort Worth Star-Telegram ) – A growing number of Texas homeowners are filing for bankruptcy to avoid losing their homes, according to a recent study by Foreclosure Listing Service. Unfortunately, bankruptcy may not offer the protection Read More...
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DALLAS ( Dallas Morning News ) – Still-rising mortgage delinquencies and a stock of bank-owned homes have not finished leaving their impact on the housing industry, warn economists at this week’s National Association of Home Builders’ Read More...
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