ShareAs a member of the Houston Association of Realtors I am able to share with you some good news. April Home Sales in Houston were brisk and mortgage rates are great. Here’s the latest from HAR. HOUSTON — (May 15, …
Author Archives: Cary Cox
Houston Home Sales Brisk
Posted 1 day ago byShadow Inventory Drag
Posted 3 days ago byShareWe’ve saying it form months that “Shadow Inventory” or the mortgages that have yet to go throgh the foreclosure process even though the borrowers have quit making the payments will be a drag on home prices in most of the …
Renovation Mortgage
Posted 14 days ago byShareAccording to finanaical investment company Morgan Stanley about ninety-five percent of foreclosed homes need some type of renovation or rehab work done to them. With investors seeking to acquire rental properties through REO sales it’s important to be able to …
FHA Mortgage Income
Posted 18 days ago byShareIncome for a mortgage is one of the most important factors when qualifying for a FHA Mortgage or being approved for a FHA Mortgage loan that is issued by the Federal Housing Administration. The other major factors that are considered for …
Home Sales Down Again
Posted 24 days ago byShareAccording to the Case-Shiller Home-Price Index home prices for the most part continued to call throughout the United States, only in a few markets was there any price appreciation. Most of that appreciation stems from real-estate investors purchasing investment properties …
Posted 25 days ago by
ShareThe movement of Apple’s stock price this year somewhat summarizes the sentiments of the U.S. EconomyIt was another mixed economic picture in the U.S. this week. On the positive side, we saw rising Retail Sales, falling oil and gasoline prices, …
Housing Numbers
Posted 25 days ago byShareGreat little article by our friend Bill Fisher at Ratewatch.com on the housing market and where we are headed in the housing market and what we need to do to get the housing market healthy. Housing starts in the month …
Houston Real Estate Data
Posted 31 days ago byShareBeing a member of the Houston Association of Realtors allows us to get Mulitple Listing Service (MLS) data as soon as it’s posted to let you know the current condition of the Houston real estate market. It’s not only important …
FHA For Immigrants
Posted 32 days ago byShareHouston has over one-hundred thirty different countries with immigrants located in our city. That’s because Houston is a huge international city due to the being the world’s energy capital and the world-wide reputation of the Texas Medical Center located in …
Mortgage News Today
Posted 37 days ago byShareI’ve been saying it for months if not the last couple of years the mortgage and housing crisis is not over. There is so much “Shadow Inventory” being held on the books by the banks and mortgage serrvicing companies that housing …