GM Bacon just posted the following in this forum thread:

“Right now, the guild system is in our top priority along with the current server issues and some other balance adjustments.  We plan to have the guild requirements set to a reasonable level in the next update.  As for houses, we are currently testing the system and we wouldn’t want to release it until we think its ready.  I’m not promising anything, but we are hoping to have it ready within the later half of the FB sessions.

Sincerely,
Bacon “