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Houston Real Estate Blogosphere
Houston Real Estate Blogosphere brings together all the blog posts of REALTORS from the Houston area in one place
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Housing Market

The most recently published posts in the Housing Market category
The obvious benefit and sought after benefit of flipping real estate is the profit. This is one incredibly tangible benefit, particularly when the profits are large and quick to come your way. Of course there are risks. Most ventures that offer high profit also come with a high degree of risk. Money, however, is not the only benefit that can be associated with flipping real estate though it is cer...
Read Post [Posted on 12/19/2014 By Garrett McWhorter]
Mortgage rates have been at record lows, but these rates didn't motivate many home buyers, nor did they successfully drive homeowners to remodel or take out money for other kinds of spending.In previous recessions, lowering interest rates has driven the economy upward. What's different this time around?One factor may be appraisals torpedoing the deals. With foreclosures a large share of prope...
Read Post [Posted on 12/18/2014 By John Askins]
According to Olivia Pulsinelli, Web producer- http://www.bizjournals.com/houston/news/2014/10/22/houston-named-no-1-real-estate-market-to-watch-in.html?page=allHouston Business Journal, The "Emerging Trends in Real Estate 2015" report ranked Houston the country's No. 1 market to watch next year. That's up from No. 2 in 2014 and No. 5 in 2013.Houston ranked No. 1 in both investm...
Read Post [Posted on 12/16/2014 By Cynthia Guest]
Got questions about where real estate is headed? Here are informed answers to some of the most frequently asked questions about today’s housing market.Is housing on the way up for the long haul?There isn’t any single answer to this question. It depends on where you live. Home prices are rising in the most convenient suburbs of such cities as New York and Washington, D.C. In other places that are i...
Read Post [Posted on 12/16/2014 By John Askins]
For years now, if you didn’t have near perfect credit and a hefty 20% down payment, chances were slim that lenders would give you a mortgage.But that’s all about to change….That’s because Fannie Mae and Freddie Mac, the two government-backed mortgage giants that backstop a majority of all mortgages, have put new lending guidelines in place that should make it easier for borrowers to secure loans.N...
Read Post [Posted on 12/15/2014 By Garrett McWhorter]
Mortgage giants Fannie Mae and Freddie Mac have announced that first-time home buyers can now qualify for loans with down payments as low as 3 percent. That will expand credit for qualified home shoppers who may have been sidelined the last few years because of higher down-payment requirements, housing analysts say. Freddie Mac launched Home Possible Advantage, a conventional mortgage wi...
Read Post [Posted on 12/15/2014 By John Askins]
Though renters say they dream of owning a home one day, most of them will need to keep renting for at least the next three years, according to a new survey of more than 2,000 adults conducted by Freddie Mac. The majority of renters say they are still struggling financially, but 91 percent say the financial crisis has not deterred their motivation to become home owners. "It's no secret th...
Read Post [Posted on 12/15/2014 By John Askins]
Helping someone close to you buy a low-cost property – $50,000 or less – is a fairly straight-forward transaction, although it may require specific legal advice, says Charles Carter, an attorney and a consultant at Haint Blue Realty in Mount Pleasant, S.C.Carter suggests that buying a property outright, using the gift exclusion ($13,000 for singles; $26,000 for married couples) to pay for a down p...
Read Post [Posted on 12/15/2014 By John Askins]
The tone of this past week’s few U.S. economic releases was positive, but analysts were more focused on this week's Federal Reserve policy meeting and press conference. Observers are keenly looking for signals about the timing of a possible interest rate increase. Late on Thursday, the U.S. House of Representatives passed a $1.1 trillion spending bill that funds most of the federal gove...
Read Post [Posted on 12/14/2014 By John Askins]
The Federal Reserve has ended its' bond-buying stimulus program.  The Fed had been purchasing $85 billion per month in Treasury and mortgage-backed securities. In the last year, the Fed has purchased more than $1 trillion in Treasury and mortgage-backed securities. Fed officials have said the purchases have helped to reduce borrowing costs, and it credits the program for helping to cont...
Read Post [Posted on 12/14/2014 By John Askins]
The gap between those who say it's a good time to buy a home and those who say it's a good time to sell is growing larger. Sixty-eight percent of Americans say now is the time to buy, a month-over-month rise of 3 percentage points, according to Fannie Mae's November 2014 National Housing Survey of 1,000 respondents. On the other hand, the number of Americans who say it's a good time to s...
Read Post [Posted on 12/13/2014 By John Askins]
Million-dollar homes are selling faster than other types of homes, but the typical luxury buyer is changing. "Markets that are most dependent on international demand are seeing a steady and dramatic decline in sales of million-dollar-plus homes," according to a new report by Redfin. "Meanwhile, sales of expensive homes continue to rise at a steady pace in cities where those sales rely les...
Read Post [Posted on 12/12/2014 By John Askins]
Just about the last thing  homeowners expect is for the price of something we use every day to drop precipitously. It isn’t just that we’ve grown skeptical about the way official inflation numbers are formulated (although we have). It’s simply that when it can cost more than a dollar for a Coke, we’ve drawn our own conclusions. To quote The Wall Street Journal’s front page last Tuesday, ...
Read Post [Posted on 12/11/2014 By Connie Inmon]
The recent housing crisis has prompted questions over whether home ownership is still a viable way toward greater wealth in this country. Confidence in home ownership was shaken, and many have had to turn to renting (the number of renters has increased nearly 25 percent since the housing crisis). The home ownership rate, in turn, has fallen from a peak of nearly 70 percent in 2004 to a t...
Read Post [Posted on 12/11/2014 By John Askins]
From the MLS report for November 2014: “Homes appear to be high on holiday shopping lists as consumers continued to snap up properties in November, pushing prices up once again while driving the supply level down. The majority of the month’s sales activity took place among homes priced between $250,000 and the millions. The Houston real estate market grew in all categories in November,...
Read Post [Posted on 12/10/2014 By Alex Handley]
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