When it comes to mortgage fraud, Houston is no different than any other major city.

Brownstone Construction Owner Melvin Lendall Brown was indicted in early September on wire fraud allegedly associated with a mortgage fraud scheme involving several million dollars.  The previously sealed 16-count indictment was unsealed and announced on September 3 by U.S. Attorney Tim Johnson and Richard Powers, FBI Special Agent in Charge.

The Houston business owner, Brown, 49, allegedly committed fraud related to a scam to defraud home lenders [...]

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Like many markets around the country, the Houston Real Estate market is feeling the effects of the economic downturn, foreclosures and an increase in unemployment. March was no different as the Houston real estate market continued to experience a decline in both home sales and median prices.

Houston saw a total of 4,355 sales of single-family homes (SFH) in March. This is down a significant 16.1 percent from March of last year and is continuing a sales decline that the Houston [...]

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A new 16-story building is going up just inside the West Loop near San Felipe. But this is no ordinary development. It’s Highland Tower.

Located in one of the premier areas of Houston, you can’t go wrong with this state-of-the-art luxurious high-rise that is slated to be completed in early 2010. Houston-based Pelican Builders Inc. broke ground last year on the $65 million condo building located near the upscale Highland Village retail center on Westheimer.  It’s in close proximity to [...]

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Houston is still a place that people want to move to. If you read the report that U-Haul International, Inc. released, you will say it’s the second most popular destination.

The annual U-Haul National Migration Trend Report, titled “The 2008 Top 50 U.S. Destination Cities” was released and it gleans some interesting movement around the country. According to moving data reflective of nationwide statistics for calendar year 2008, Atlanta secures the No. 1 spot for the second year [...]

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