Interest rates
Get ready for the media freak out. Besides a re-hash of last night’s Republican debates — the most substantive thus far, in my opinion — everyone is talking about an expected interest rate hike today from the Fed. I had two media calls yesterday asking me if I thought a rise in interest rates might hurt…
Read MoreSure, spring and summer are hot seasons for Realtors, but is it better to wait for the market to simmer down a bit before buying? According to lists from Zillow and Ebby Halliday Realtors, the winter holiday season is a great time to buy your dream home. According to the folks at Ebby Halliday Realtors,…
Read MoreWe got some more good news out of Case-Shiller this week, but we were quick to be warned not to get too excited. I swear, will it ever be Miller Time? Dallas-area home prices rose a record amount in June, 8% over last June, but rising mortgage rates, the growing mess in Syria, and economic…
Read MoreInteresting times for the Dallas real estate market as several neighborhoods are seeing homes sell fast for thousands more than they would have just 18 months ago. But with the Federal Reserve toying with interest rate changes, will next month’s forecast be far less optimistic than the June breakdown from Local Market Monitor? “Low Risk”…
Read MoreInteresting story in the Los Angeles Times. According to their business desk, banks are easing lending restrictions and lending more freely, using “creative financing,” which could bring more risk to the market. The story, which talks about “piggyback financing” and other risky mortgage loans, says that with higher prices comes more risk in housing finance.…
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