Archives

Luxury home sales in Texas were strong in the first eight months of 2016, according to the latest Texas Luxury Home Sales Report released today by the Texas Association of REALTORS®. The report examines housing market trends and statistics for homes priced $1 million or higher in the Austin, Dallas-Fort Worth, Houston, San Antonio, Corpus Christi, and Midland metropolitan statistical areas (MSAs).

The Federal Home Loan Bank of Dallas (Bank) today reported net income of $14.7 million for the quarter ended December 31, 2015. In comparison, for the quarter ended September 30, 2015, the Bank reported net income of $5.6 million. For the year ended December 31, 2015, the Bank reported net income of $67.2 million, as compared to $48.5 million for the year ended December 31, 2014

Luxury home sales continued to be one of the fastest growing housing segments in Texas’s largest markets in 2015, according to the 2016 Texas Luxury Home Sales Report released today by the Texas Association of REALTORS®. The report cites sales volume increases from 4.5% to 36.4% for homes sold at $1 million or more in the four major Texas markets.

Texas home prices hit an all-time high in the second quarter of 2015, while home sales remained strong amid high demand, according to the 2015-Q2 Texas Quarterly Housing Report released today by the Texas Association of REALTORS

Governor Greg Abbott today hosted a bill signing ceremony at Advanced Micro Devices (AMD) in Austin, TX where he ceremonially signed into law HB 32 (D. Bonnen, R-Angleton; Nelson, R-Flower Mound), which will permanently reduce the business franchise tax by 25 percent. Governor Abbott also highlighted several bills that he signed into law to reduce the property tax burden on homeowners, eliminate occupational licensing fees for more than 600,000 Texas professionals, and increase transparency to hold local taxing districts more accountable to voters

Pinnacle announced today that it ranks third among the nation’s largest apartment managers on the National Multi Housing Council’s (NMHC) 2015 Top 50 list. A prominent resource in the multifamily industry, the list provides a benchmark against which to measure trends.

Commissioner of Insurance Julia Rathgeber has appointed Tiffany Reiner, CPCU, CIC, CRM, of Richardson to serve on the Board of Directors of the Texas Property and Casualty Insurance Guaranty Association for a term to expire December 31, 2015. The board oversees the Association’s guarantee of performance of contractual obligations arising from property and casualty insurance policies issued to or benefiting Texas residents

Las Vegas, TX - December 30, 2013 - (RealEstateRama) -- Las Vegas-area home sales fell last month to the lowest level for a November in five years, the result of a constrained supply of homes for sale, waning affordability and the ongoing decline in investor purchases. The median sale price dipped slightly month-to-month but was still 26 percent higher than a year earlier, marking the 20th consecutive month with a year-over-year gain, a real estate information service reported

AUSTIN, TX - October 21, 2013 - (RealEstateRama) -- According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), the volume of Austin-area home sales continued to rise in September and had the most single-family home sales for the month since 2005

AUSTIN, TX - July 22, 2013 - (RealEstateRama) -- According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area year-over-year housing inventory fell to 2.9 months in June, a decrease of 1.5 months from June 2012. Mid-year statistics for 2013 reinforced a strong demand for the market, including a 19 percent increase in home sales and 25 percent less days on the market compared to the first six months of 2012.

Katy, TX (Covering Katy) - June 10, 2013 - (RealEstateRama) -- The Katy single-family homes market has low inventory heading into the summer months that are typically the most active for home sales.

September 25, 2012 - (RealEstateRama) -- State Representative Eddie Lucio III announced the extension the Texas State Affordable Housing Corporation’s (TSAHC) down payment assistance programs to current homeowners and those who previously owned a home.

COLLEGE STATION, TX - June 27, 2012 - (RealEstateRama) -- Permits for new single-unit Texas homes are on the rise, fueling expectations the long-awaited housing recovery is underway.

HOUSTON, TX - January 27, 2011 - (RealEstateRama) -- Today, a jury sitting in United States District Judge Sim Lake’s Courtroom found Vincent Wallace Aldridge, former fee attorney for First Southwestern Title Company and attorney for Aldridge and Associates, along with Tori Elyse Aldridge, a former employee of First Southwestern Title Company and Gilbert Barry Isgar, a co-owner of Waterford Homes, guilty of charges of wire fraud and money laundering in a scheme to defraud residential mortgage lenders of more than $3.7 million in loans in connection with home purchases in the Houston area, United States Attorney José Angel Moreno announced today along with FBI Special Agent in Charge Richard C. Powers and Internal Revenue Service-Criminal Investigations (IRS-CI) Special Agent in Charge Rodney E. Clarke.

AUSTIN, TX - November 5, 2010 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced that it has reduced interest rates on mortgage loans offered through its Texas First Time Homebuyer Program to historically low levels, further opening the door to safe and responsible homeownership for qualifying low to moderate income Texans.Interest rates on these 30-year, fixed rate mortgage loans have been set at either 4.20 percent or 4.95 percent, depending on which of two types of loans the borrower selects. Rates had previously been set at 4.99 percent or 5.74 percent, respectively. The assisted rate of 4.95 percent is available with funds for down payment and closing cost assistance, helping families overcome what are often the biggest obstacles to buying a home.

Washington, DC - June 16, 2010 - (RealEstateRama) -- This recession has been particularly brutal on American cities. Nearly one in five Americans are...

Washington, DC - October 15, 2009 - (RealEstateRama) -- Yesterday Congressman Al Green (TX-09) delivered a statement in the House of Representatives expressing his support for three House Resolutions that convey condolences and solidarity to the people of the Philippines, Samoa, American Samoa and Indonesia, due to the natural disasters that have struck these nations in the past few weeks.

COLLEGE STATION, TX  – Texas' new-home market could face a long period of decline unless home building drops significantly, says Dr. Mark Dotzour with...

Single-family home sales hit 2,679 last month, up 2 percent compared with May 2006 and a record for the month, according to the latest...