Items Tagged with 'Texas'

ARTICLES

Another Texas city sees record-setting year in 2016

San Antonio home prices rise above $200K for first time
Another city in Texas saw a record-setting year for 2016 with its rising home prices, low housing inventory and high demand. While not on national top 10 lists for booming markets, San Antonio could very soon follow in the footsteps of its neighboring cities as markets in Texas continue to heat up.
Read More

Higher mortgage rates will hit hardest in these 5 counties

But there's relief in Texas and West Virginia
Interest rates are a hot topic as experts speculate over how many times the Fed will raise rates in 2017. While some in the mortgage industry may benefit from the increasing rates, new homeowners may be looking at higher monthly payments. Here are the counties that will be most affected by the changing rates.
Read More

Booming Texas housing market not letting up

Outpaces state’s economy
Texas housing markets aren’t coming off the burner anytime soon, especially when looking at the latest Quarterly Housing Report from the Texas Association of Realtors. The report shows the market is only getting hotter. Does this confirm that the market is in the danger zone?
Read More

Home sellers pricing the market too high?

Number of value reductions increases from last year
The number of homes with price reductions increased from last year. While this could show a softening in the market, it could also show that sellers are coming in too high. This especially true in Texas, which holds four of the top 10 metros with the greatest increase in number of reductions.
Read More

Home sale volume in Texas hits all-time high

Home prices keep going up
Texas home sales and prices may be the only thing rising as fast as the summer temperatures in the Lone Star State. In fact, the Texas Association of Realtors says this quarter demonstrates an all-time high for sales volume in the state.
Read More

Bomb threat forces evacuation of Nationstar corporate headquarters

Threat called in on nearby unaffiliated building; all-clear given after several hours
The corporate headquarters for Nationstar Mortgage, home to approximately 900 of the company's employees, sat vacant for several hours Monday morning as a bomb threat to a nearby unaffiliated building forced an evacuation. After a few hours, Dallas Police gave the "all clear" and Nationstar's employees returned to work. Here are more details on the developing situation.
Read More

Guild Mortgage continues expansion, acquires AmeriPro Home Loans

Deal makes Guild 'one of the largest independent mortgage lenders in Texas'
Guild Mortgage announced Monday that it is acquiring AmeriPro Home Loans, a move that the San Diego-based lender says will make it "one of the largest independent mortgage lenders in Texas." Read on to learn why executives at both companies feel that this deal is mutually beneficial.
Read More

Bank of America to consolidate North Texas mortgage operations

Closing down former Countrywide location in Ft. Worth
Another one of the vestiges of Countrywide's past is about to disappear, as Bank of America is set to close and sell a facility in Ft. Worth, Texas that once housed as many as 3,000 Countrywide employees. But the move will not lead to any job cuts, according a report from the Dallas Morning News.
Read More