New Active Adult Community to Rise in West Houston

  Taylor Morrison Home Corp., a national homebuilder based in Arizona, plans to build its second Houston-area active adult community, an increasingly popular housing sector.  The new 268 acre Bonterra community will be at Cross Creek Ranch in Fulshear, south of Katy,  It will include many of the same amenities and floor plans of the […]

More Homes Planned for Master-Planned Community Near Exxon Mobil Campus

More homes are planned for a growing master-planned community north of Houston. CDC Houston, the local subsidiary of New York based Coventry Development Corp., is looking at announcing 3 new neighborhoods in Springwoods Village, an 1,800 acre community that is home to Exxon Mobil Corp.’s new campus. The first neighborhood will be small and feature […]

Houston Ranked Among Top Cities for Senior Living

Older adults in Houston have more freedom to live independently than their counterparts in most other US cities, a new study has found.  According to Redfin.com, Houston has the 5th best technology-assisted living options for senior citizens in the US. Houston is ne of 14 cities that has access to Uber, Rover, Porch, Instacart and […]

Best Month Ever! Houston Home Sales Reach Record Levels

June was the strongest month for home sales in Houston Real Estate history with 7,935 single-family homes sold, the highest one month sales total ever reported by the Houston Association of Realtors.  Industry experts and economists had been predicting that Houston home sales would crater following the collapse of oil prices and layoffs in Houston’s […]

Mall Makeover for Willowbrook

Willowbrook is getting a facelift.  Owner General Growth Properties, Inc. has announced plans for a large scale project to update the interior and exterior of the 1.3 million square foot northwest Houston shopping complex that was built in 1981 and renovated in 1992. A contemporary, two story clear structure will be added to the mall’s […]

4 Takeaways from Yellen after Fed Decides Not to Raise Rates

Here are 4 takeaways from Federal Reserve Chair Janet Yellen’s news conference following the Fed’s decision to keep its federal funds rate at or near zero: Stop focusing so much on when the Fed will start raising rates Too much attention is being paid to when the Fed will begin raising its federal funds rate […]

New Mortgage Lending Rules Will Likely Delay Home Closings

Forget the days of 30 day home closings.  New federal regulations taking effect this summer will provide a better home buying experience for consumers, but will likely slow down the closing process for Realtors, mortgage lenders and title companies, according to Mike McFarland, outgoing president of the Houston Mortgage Bankers Association and a senior loan […]

HUD Wants to Require ‘Affordable Housing’ in Wealthy Neighborhoods

Republicans hope to block a proposed federal regulation that would force localities to take additional steps to integrate segregated neighborhoods and bring affordable housing to wealthy areas.  If localities fail to take such actions, they would no longer be eligible for community development block grants and other housing related grants. At issue is the “Affirmatively […]

6 Common Financial Pitfalls

We all make mistakes, and through them, we learn.  But when it comes to finances, it is best not to take the trial-and-error approach.  Avoiding some of the following financial mistakes might save you a great deal of money and heartache. Cashing out a retirement account to pay off loans Substantial income tax penalties can […]

Simple Tips for Better Home Showings

Remove clutter and clear off counters.  Throw out stacks of newspapers and magazines and stow away most of your small decorative items.  Put excess furniture in storage, and remove out-of-season clothing items that are cramping closet space.  Don’t forget to clean out the garage too. Wash your windows and screens.  This will help get more […]

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