According to the study made public by RealtyTrac Houston area foreclosures are on the rise 34% for the first half of this year. However, Mike Weaster, a Houstonian who sells foreclosure properties said he’s not surprised by these numbers and he said he has a clue of the reasons behind the increase. "Job loss, people [...]
The Mat-Su borough Assembly in Wasilla failed to pass a pass an ethics bill aimed at former employees. However, the assembly agreed to postpone the foreclosing on 24 delinquent properties until this fall, after hearing the case brought forward by a Houston woman. The ethics law was aimed at preventing former borough employees from doing [...]
The final skyscraper, designed by Jesse Jones specifically for the Houston Club is facing hard times and it’s very likely to go back to its lender. Dougal Cameron is fighting off foreclosure but the success is questionable. The building, developed in 1948 is the property of Cameron-811 Rusk LP, which consists of a dozen local [...]
Sales of foreclosed homes tuned down in different metropolitan areas of Texas. The amount of decline is approximately more than 26% for the period of the first quarter of 2010. The metropolitan parts of Houston, Sugarland, and Baytown documented a turn down in foreclosure sales more or less 5% compared to at some point in [...]
The amount of people filing Chapter 7 and Chapter 13 bankruptcies are on the rise in Houston, and in and around the state of Texas. The rest of the country is being hit just as hard, if not worse than the Lone Star State. The present economy has affected many men and women around the [...]
Houston Association of Realtors aka HAR released the latest monthly data for the month of May 2010 about the sales of the single-family homes in Greater Houston. The figures are astonishingly racketeering high and these increased sales are 19.1% higher than the May 2009 sales. This is not a sudden increase and HAR also indicated [...]
Current economic slump is creating a huge bottleneck to housing market. In this kind of situation congress is considering all the possible measures in helping the prospective house buyers. Tax credits and reduced mortgage rates are paving a floral path for all the present day home buyers. Definitely this kind of incentives is great encouragement [...]
Texas currently has a real estate market that is among the healthiest in the entire country. The state is leading the pack when it comes to housing starts and the rate of population growth. From 2001 to 2008, the cities of Dallas, Fort Worth and Houston have contributed 5 percent of the country’s gross domestic [...]
