RealtyTrac released its 2015 Year-End U.S. Foreclosure Market Report January 14, finding foreclosures at a nine-year low. RealtyTrac VP Daren Blomquist says that the increase in foreclosures in Texas is impacted by the local economic problems, especially in the oil industry.
Imagine: A single database where all real estate agents who want to market properties before listing them on the MLS could expose them to the full universe of local agents, or even prospective buyers. While a number of startups are racing to make this vision a reality, they all still have a long way to go.
On Point Custom Homes has a four-bedroom, 3.5-bathroom home listed with the option of adding a pool in the Upper Kirby neighborhood. The lot is 6,250 square feet and the building is expected to be 4,215 square feet.
Homes in the Houston-The Woodlands-Sugar Land metro are roughly 20 percent overvalued, giving them a one in three (36 percent) chance of seeing price deprecation in the next few years, according to a recent ranking put out by Arch MI. The report dubbed Houston as the only top 50 metro nationally to be at “elevated risk” of home price declines.