Monthly Archive for February, 2010
Employees buy local realty firm
After almost half a century, David Lewis is selling his property appraisal and consulting business to three of his employees. Kim Kobriger, James Weiss and Cameron Boone are buying Lewis Realty …
U.S. home sales vs. Texas
Nationwide sales of existing homes fell in January, raising concerns about the housing recovery. But the Wall Street Journal’s Developments blog said to ignore the headlines on U.S. home resales. If …
Friday retail wrap 2|26|10
PASADENA Luz Communications Crossroads Center on the northwest corner of Spencer Highway and Red Bluff Road SPRING Hero Martial Arts Academy 7818 Spring Cypress Rd. COPPERFIELD Walk-in Closet …
More Houstonians falling behind on loan payments
Mortgage loan delinquencies in the Houston area climbed for the eighth straight quarter, according to data from credit rating agency TransUnion. The percentage of borrowers 60 or more days past due …
Mall owner strikes deal to emerge from Chapter 11
General Growth Properties, the Chicago-based company that owns five malls in the Houston area, is getting more than $2.6 billion from Canadian firm Brookfield Asset Management – a deal that could …
More homeowners underwater
The number of area homeonwers who owe more on their mortgages than what their homes are worth is on the rise. In the Houston-Sugar Land-Baytown area, 12.5 percent, or 116,263, of all residential …
Healthy restaurant goes Wunderground
Coming to the downtown tunnel Downtown’s tunnel system, which is littered with fast food restaurants whose signature smells often permeate large stretches of the underground, is getting a touch …
Houston’s safest neighborhood
If you live around Highway 6 and Westheimer, your chances of becoming a victim of a crime are one in 833, making it the safest neighborhood in Houston. That’s according to personal finance blog …
Greenspoint Sears going dark
Sears Holdings Corp. is shuttering its store in Greenspoint Mall, according to a spokeswoman. That leaves Dillard’s, Macy’s and Palais Royal to anchor the 1.5-million-square-foot property that was …
Historic Norhill home to be demolished (UPDATED)
Houston Association of RealtorsHistoric Norhill bungalow slated for demolition When William C. Hogg developed the Norhill neighborhood in 1923, he engaged in Houston’s distinctive, developer-driven …
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