MBA: Mortgage applications rise as mortgage rates slide on weakening U.S. economy

Houston Agent Magazine 8/6 5:37A John Yellig

Mortgage applications increased 3.1% last week as rates declined for the third week in a row on evidence of a dimming economic outlook, the Mortgage Bankers Association said, citing its Weekly Mortgage Applications Survey. The average contract...

Waller named Houston’s hottest community in Q2

Houston Agent Magazine 8/5 6:07A Emily Marek

Home sales increased over 150% in Waller during the second quarter of the year — the highest year-over-year increase in sales of any Houston area community — earning it the top spot on the Houston Association of REALTORS’® Hottest Communities in...

From search to showing: How the MLS drives Houston real estate

Houston Agent Magazine 8/4 2:00A Paige Martin

In a real estate market as large, fast-moving and data driven as the greater Houston area, information is key. The Multiple Listing Service is the source for all local real estate information. Many people think the MLS is just a database, but it...

Survey Results: Are you a good negotiator?

Houston Agent Magazine 8/4 1:59A Houston Agent

The post Survey Results: Are you a good negotiator? appeared first on Houston Agent Magazine .

How top agents handle lowball offers and still close the deal

Houston Agent Magazine 8/3 11:30P Jeff Glover

Given the unstable climate of many price points around North America, we are seeing more listings receive “lowball” offers and more buyers wanting to write them than we’ve seen in over a decade. When you are on the receiving end of the low offer as...

Home sales increase 10.3% annually in Houston

Houston Agent Magazine 7/25 3:13A Emily Marek

Houston home sales increased 10.3% year over year during the week ended July 21, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS® . Buyers closed on 1,864 properties during the week, up from 1,690 a year...

New-home sales climb in June as median price dips

Houston Agent Magazine 7/24 8:39A John Yellig

New-home sales rose in June, but not to the level expected by analysts, as the median-sales price of new homes declined, and inventory increased. Specifically, newly built homes were sold at a seasonally adjusted annual rate of 627,000, up 0.6%...

Mark Goodwin joins The Federal Savings Bank as regional senior vice president

Houston Agent Magazine 7/24 3:04A Emily Marek

Mark Goodwin and his team joined The Federal Savings Bank . Goodwin will assume the role of regional senior vice president for the lender. Previously, Goodwin was president of mortgage lending at First National Bank for 14 years. Known in the...

Judge dismisses Texas antitrust case, upholds three-way membership policy

Houston Agent Magazine 7/24 2:57A Emily Marek

A U.S. District Court judge in Texas dismissed an antitrust case that alleged the National Association of REALTORS ® policy of mandatory involvement in local, state and national Realtor associations violates federal antitrust laws. The lawsuit...

Nan and Company Properties named exclusive brokerage for The Beverly

Houston Agent Magazine 7/23 6:47A Emily Marek

Nan and Company Properties will serve as the exclusive sales and marketing partner of The Beverly, a luxury condominium development in Houston’s Tanglewood neighborhood. The seven-story mid-rise , developed by G.T. Leach and RAMA Co., features...

NAR: Existing-home sales price hits all time high in June

Houston Agent Magazine 7/23 6:38A John Yellig

The median-sales price for existing homes hit an all-time high for the month in June, as the pace of sales declined, the National Association of REALTORS® said. Courtesy of the National Association of REALTORS®. The median existing-home sales...

John Hancock’s home for sale in Boston

Houston Agent Magazine 7/23 4:53A Elizabeth Kanzeg Rowland

For the first time in generations, the historic Ebenezer Hancock House in Boston is on the market. Founding Father John Hancock, famed signer of the Declaration of Independence, owned the home and purportedly hid nearly 2 million French silver...

Regency active-adult community coming to Sienna MPC

Houston Agent Magazine 7/18 7:04A Emily Marek

Toll Brothers will build Regency at Sienna, a 55-plus, active-adult neighborhood within the Sienna master-plan in Missouri City. Construction is expected to begin late this year. The builder will offer 12 floor plans for 50-, 60- and 70-foot...

Housing starts climb 4.6% in June despite softening single-family sector

Houston Agent Magazine 7/18 5:30A John Yellig

New-home construction rose in June on the back of a surge in the multifamily sector, while single-family starts declined. Overall new-home construction, which includes single-family homes as well as apartments, rose 4.6% month over month to a...

Realtors Relief Foundation raises $500K for Texas flood aid

Houston Agent Magazine 7/17 6:31A Emily Marek

The Realtors Relief Foundation, a nonprofit run by the National Association of REALTORS®, raised half a million dollars for victims of the floods that hit south central Texas in early to mid-July. “Following the tragic floods in Texas, we at the...