Economic News
In the last several years, economic circumstances have led to unprecedented trends in American spending habits. The discretionary spending landscape, in particular, has been defined by fast-moving feast or famine conditions. Of course, one of the largest classes within this category is home improvement. Immediately following the onset of the pandemic, many Americans found themselves…
Read MoreThere was a lot of downward trending for the stock market last week, but overall, that’s positive for the bond market and interest rates, says Bob Johnson (AKA Bob Mortgage) the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. Our most-trusted mortgage adviser explains that, as people react to the plummeting…
Read MoreTake a peek inside the luxury real estate market in Odessa with these five houses for sale now. For $1 million and up, you get a broad range of options in style and amenities, from double master suites and pool with a swim-up bar, to an oversized four-car garage and a heated and air-conditioned dog…
Read MoreTexas is the place to be for economic prosperity and job growth, which in turn has made our real estate market one of the best in the nation, according to the 2014 Texas Annual Housing Report, released this week by the Texas Association of Realtors. Nearly every area of real estate in the Lone Star State continues…
Read MoreRecent reports show that new home sales are at their highest since 2008, while prices of existing homes are up year-over-year. New home sales are up 17 percent from the same time last year, according to Residential Strategies, and new home starts are up 11.4 percent, too, at 6,511. Builders are trying to keep up…
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