“You picked a fine time to leave me Lucille…” — Kenny Rogers. It’s been a wild up and down ride the past week in the markets, though the reasons are clear. Here’s what they mean for home mortgage rates going into late October. This […]
According to Louis DeLuca of the Dallas Morning News, “The biggest home price gains in the next year are expected to be Mesquite, Dallas, McKinney and Frisco.” This is no surprise if you’ve been reading my articles the last several weeks. Steve Brown from
This summer the housing market in North Texas is showing some signs of slowing. Closed sales in July 2014 are down -20.3 percent compared to the same month a year ago. A year ago sales were up +27.7 percent for July 2013 compared to the same
June 2014 Real Estate Stats for Prosper¹ 49 – single-family homes sold, compared to 65 in June of 2013 and 34 in June 2012. $377,000 – Median price for single-family homes, five percent more than June 2013. $460,653 – Average list price for single-family homes, a 15 percent increase since June 2013. 47 –
This past week we experienced a bump up in mortgage bonds due in part to the bettern than expected Jobs Report for June. The June Jobs Report showed 288,000 new jobs were created, while the figures for April and May were revised higher by