Category Archives: Houston Housing Market

Property Valuations Uncertain in Post-Harvey Houston

In the wake of Hurricane Harvey, home and business owners must now deal with the storm’s impact on property values. Although there are a number of factors which suggest the Houston market could absorb the shock differently, several studies on past flood events have shown that values of affected homes “typically drop by at least Read More

Summer 2017 Snapshot: Houston Residential Real Estate Outlook

Although experts generally agree that the Houston economy has diversified significantly over the last 30 years, the fact remains that the oil and gas industry continues to dominate economic indicators here, including the housing market. As local industry observers know all too well, the dramatic drop in oil prices in 2014 dramatically affected the local Read More

Housing Market Outlook – Interpreting the Latest Data

As summer heats up, where are home sales heading? According to Reuters, economists had predicted sales of existing homes to dip slightly, so the modest 2.7 percent gain represented a surprise. Combined with the healthy 15 percent jump in new mortgage applications in May over the same period last year, the market appears to be Read More

4 Texas Cities Rank in Hottest Housing Markets

Out of the approximately 20,000 cities in the United States, Ten-X has ranked the top 50 hottest housing markets in fall 2016. Florida leads the way, nabbing the top four spots, but Texas doesn’t look to shabby. Dallas, Austin, Fort Worth and Houston all showed up in the rankings. According to RealtorMag, the rankings factor Read More

HUD Offers Training For New FHA Rules.

HUD’s recent release of the new FHA Single Family Housing Policy Handbook 4000.1 created quite a commotion in the mortgage industry. While the goal of the new handbook was to simplify the process by placing all requirements for the appraiser and mortgagee in one document and eliminating ambiguities, the seemingly new requirements and to whom Read More

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