Houston Real Estate Journal

After multiple reports showed a decrease in sales following the expiration of the first-time homebuyer credit, the latest figures from the National Association of Realtors says that sales may soon be on the upswing.The NAR's Pending Home Sales Index rose 5.2 percent compared to last month, surprising many analysts who had predicted a continued decline. […]

Some of the country's biggest mortgage lenders have now reached an agreement with the Department of Housing and Urban Development to give local nonprofit organizations the ability to purchase foreclosed homes before investors have an opportunity to bid on them.The nonprofits have been operating under HUD's Neighborhood Stabilization Program, which […]