An article published in Wednesday’s Houston Chronicle featured the opinions of Barton Smith, a Houston Economist. “I’m more bullish on the single-family market than any other,” Smith said. Read the entire article here.
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Dallas-Area Home Prices Fare Well Compared to Country
From the Dallas Morning News Article: Dallas-area home prices are down 4.5 percent from a year ago, according to the latest measure by Standard & Poor’s/Case-Shiller. Dallas’ decline compares with an 18.6 percent drop nationwide for prices in February compared with a year earlier, according to the closely watched index, which was released Tuesday. Dallas … read more →
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Freddie Mac Official Found Dead in Apparent Suicide
“…WASHINGTON – David Kellermann, the acting chief financial officer of money-losing mortgage giant Freddie Mac, was found dead at his home early Wednesday in what police said was an apparent suicide. The Fairfax County police responded to a 911-call at 4:48 a.m. at the suburban Virginia home Kellermann shared with his wife Donna and five-year-old … read more →
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Forbes: 9 of the Top 20 Best Cities for Job Growth are in Texas
from the article: “…The top of the complete ranking–which, for ease, we have broken down into the two smaller lists, of the best big and small cities for jobs–is dominated by one state: Texas. The Lone Star State may have lost a powerful advocate in Washington, but it’s home to a remarkable eight of the … read more →
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Poll: Do you Prefer Capitalism or Socialism?
Rasmussen recently asked Americans whether they preferred capitalism or socialism… and the results may surprise you… …but before you check out those results, we want to know if Lifestyles Unlimited® readers have a different take than the average person. Please vote in the poll below: Read the Rasmussen findings here.
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Lifestyles’ Own Karen Davis Featured in The Houston Chronicle
Karen Davis, a mentor and investor in the Houston branch of Lifestyles Unlimited® was featured this weekend in the Houston Chronicle. The article highlighted the real estate investments that she is making with her boyfriend. Karen and her boyfriend just closed on their sixth investment property, a three-bedroom foreclosure in Richmond which will capture $40,000 … read more →
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Study Finds Texas at Low Risk of Real Estate Price Correction over Two Years
A study by PMI Mortgage Insurance Co. put Texas cities in it’s lowest risk categories when determining the probablility of real estate price deflation over the next two years. Dallas, Fort Worth, Houston, and San Antonio received the 3rd, 4th, 5th, and 7th lowest scores on the PMI Risk Index of the largest US cites; … read more →
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North Texas Real Estate Much Healthier than Other Parts of The Country
From the Article: “February saw an improvement in the real estate market of Collin County and surrounding areas, reports the Collin County Association of Realtors. Closed sales increased by more than 34 percent over January, and the median sales price was 7 percent higher in February ($167,250), than in January ($156,200)…” (Published in the Star … read more →
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Mortgage Rates Hit All Time Low
From the Article: “The 30-year fixed-rate mortgage rate has dropped to its lowest level on record. The average rate is the lowest in McLean-based Freddie Mac’s weekly survey dating to 1971. Freddie Mac (NYSE: FRE) says its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaged 4.85 percent…” (Published at the Washington Business … read more →
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The Top Three Performing Real Estate Markets in January Were in Texas
From the Article: “The Dallas area had the third best home price performance in CoreLogic’s new report, behind Austin and Houston. It is one of only four U.S. housing markets showing a price increase.” Published in the Dallas Morning News. Read it here.
