Monthly Archives: May 2012

Leaman Team – Now Hiring 2 Experienced Loan Processors

Leaman Team Hiring Mortgage Processors – Austin Loan Processor Job – PrimeLending Now Hiring – Great communication, fun, tight-nit Austin mortgage team and an incredible work environment. Team’s Set-Up Specialist ensures files are complete and ready for our loan processors. Our team is extremely organized with efficient processes. Expert lending team – loan officers are experienced, knowledgeable, and friendly. Continue reading

Texas Mortgage Market Update – For the week of May 21, 2012

Texas Mortgage Market Update – For the week of May 21, 2012 – Home builders are doing plenty with what they have, as Housing Starts rose 2.6% in April to a 717,000 annual rate. Single-family units were up 2.3% for the month and are up 18.8% from a year ago. Multi-family starts were up 3.2% for the month and are up a whopping 63.0% from a year ago. This reflects interest in the condo market, attractive to first time buyers and downsizers, as well as to investors in rental units. Building Permits were down 7.0% in April to a 715,000 annual rate, although permits for single-unit homes are up 18.5% versus a year ago. Continue reading

Texas Mortgage Market Update – For the week of May 14, 2012

Texas Mortgage Market Update – For the week of May 14, 2012 – There are more and more opportunities to grab in the housing market. After almost six years of price declines, we’re finally seeing signs of stability, as home prices rose in the first quarter in more than half the U.S. metro areas tracked by the National Association of Realtors (NAR). The median price for existing homes sold was higher than a year ago in 51% of the areas — 74 of 146 metros. Continue reading

Texas Mortgage Market Update – For the week of May 7, 2012

Texas Mortgage Market Update – For the week of May 7, 2012 – Happily, it’s becoming easier to believe the housing market is turning around, although in fits and starts. For example, the Q1 Advanced GDP report showed that home building increased for the period at a 19% annual rate, its fourth consecutive quarterly gain. In line with this, several home builders have recently reported higher sales and orders. The National Association of Realtors (NAR) projects new home sales UP 31.6% for 2012. Continue reading