Items Tagged with 'Texas'

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Los Angeles Rams owner Stan Kroenke purchases massive Texas ranch listed for $725M

It’s larger than New York City and Los Angeles combined
Stan Kroenke, the owner of the Los Angeles Rams, made headlines recently when the NFL agreed to allow Kroenke to move the team from St. Louis to Los Angeles. But the 60 acres that Kroenke owns in Inglewood, California where the team's new stadium will be built pales in comparison to his latest purchase.
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Declining oil prices will have a muted impact on housing

It's not a repeat of the 80s
While everyone enjoys low prices at the pump, the impact of it can reverberate throughout the economy and cause some unintended consequence. However, the severity this time around is a lot less than what the country experienced during the last big oil price decline in the 1980s.
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Economist: Texas is not in a housing bubble

2016 and 2017 could be a game changer
A recent market report shows that home prices in five Texas markets are well above their historical peak levels, which sounds like bad news for the state's housing market. Is the Lone Star state entering a bubble? According to one Texas economist, there is more to the story than just those numbers.
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Texas Capital Bank breaks into correspondent lending

Expects to hire 100 mortgage professionals
Texas Capital Bank announced it is launching a correspondent lending program to work in conjunction with its warehouse lending program. And thanks to the new division, the lender expects to hire 100 mortgage professionals in Richardson, Texas during the next year.
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