Monthly Archives: February 2013

Texas Mortgage Market Update – For the week of February 18, 2013

Texas Mortgage Market Update – For the week of February 18, 2013 – There is more and more evidence that the door of opportunity is opening in the housing market. On Valentine’s Day Freddie Mac showed us some love in their Housing Market Outlook, which projected starts UP 22% this year, to a 950,000 unit annual rate. Their chief economist commented, “Across the nation, most local housing markets have room for sustainable growth…. As the broader economy heals, expect to see more good news, with house prices continuing their recent upward trend, and home sales and housing starts continuing to post strong growth rates.” Continue reading

Texas Mortgage Market Update – For the week of February 11, 2013

Texas Mortgage Market Update – For the week of February 11, 2013 – People who are putting their homes on the market appear to be feeling pretty good these days. An online real estate portal reports that the asking prices of homes listed with them were up 5.9% in January from a year ago, in 86 of the 100 largest metros. Those asking prices grew by a seasonally adjusted 0.9% from December, the largest month-over-month boost since March last year. Continue reading