Tag Archives: real estate

Rising Mortgage Rates

Posted ago by Cary Cox

ShareThere was a great post today from ZeroHedge.com on how rising mortgage rates will effect a borrower’s amount of home they can buy. Furthermore, rising rates may kill what little “recovery” the government says we’re having. Mortgage rates have been very …

Houston Home Sales Soar

Posted ago by Cary Cox

ShareWith the vibrant Houston economy and near all-time low mortgage rates home sales are on fire in Houston. Here is a sneak-peek at the latest figures from the Houston Asscociation of Realtors. MAY BRINGS A BUYING BONANZA TO THE HOUSTON …

Always Read the Revised Numbers!

Posted ago by Cary Cox

ShareThere is a great article from Zillow that shows why you should alway look at the revised numbers and not rely on the “Headline Number” that is purely an estimate. We’ve been saying for almost a year on this mortgage …

Real Estate Rebound?

Posted ago by Cary Cox

ShareIt seems people are so desperate to find something good in the economy that they will ignore a lot of data in order to support their position. A recent article demonstrates exactly what I mean: After half a decade of …

Pending Home Sales Report

Posted ago by Cary Cox

SharePending Home Sales are homes that have a purchase contract in place but have not yet closed.  The National Association of Realtors released their data for August and it showed a year-over-year annual improvement of 13.1%. When comparing August to …

Commercial Real Estate Update

Posted ago by Cary Cox

ShareHere is a quick commercial update from our friends at Boxwood Means. While Texas real estate including commercial has held up relatively well, that’s not the case for the rest of the country. As you can see rents in commercial …

Mortgage Write-Downs Good or Bad?

Posted ago by Cary Cox

ShareSome things sound great in theory, but many times have unintended consequences that people don’t consider. Mortgage write-downs, the act of a bank lowering the principle balance due in order to lower the home-owner’s debt and payment is no different. …