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13,808 Houses Sold Yesterday! Did Yours?

There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly. After all 13,808 houses sold yesterday, 13,808 will sell today and […]

Thinking of Selling?

It is common knowledge that a large number of homes sell during the spring buying season. For that reason, many homeowners hold off putting their home on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the spring […]

Economic Commentary 12.1.2014

Michael Meanor Loan Officer NOLA Lending Group 469-305-4934 Dow Tops 18,000 Following the Fed meeting on December 17, the stock market has been in rally mode and reached another record high. The primary movement in mortgage rates this week took place after a strong GDP report. Mortgage rates ended the week just a little […]

Why Have Interest Rates Dropped?

The headlines agree mortgage interest rates have dropped substantially below initial projections. Many who are considering purchasing a home, or moving up to their dream home, might think that they should wait to buy, because rates may continue to fall. A recent article on the Economists’ Outlook blog by the National Association of REALTORS® (NAR) […]

Foot Traffic and Real Estate

The price of any item (including residential real estate) is determined by ‘supply and demand’.  If the supply of an item is larger than the amount of people looking to purchase that item, the price will decrease. According to the National Association of Realtors (NAR), historically there is a natural decline in buyers looking to purchase a […]

Another Housing Bubble?

I’ve gotten this question quite a few times lately, and wanted to provide some insight into how the recent improvements in the housing market are not the same as the last run-up we experienced.  In three short graphs and hopefully some additional points we can better understand why the development of another housing bubble based on […]

Housing Inventory – Blip, Breather or Shift

We’ve heard much this year about how solid the housing market is in Collin and Denton Counties this year.  Builders are optimistic.  Corporations are relocating their headquarters and/or regional facilities here.  It’s a great time to be selling a home.  We regularly watch the market closely and advise our clients of changes that we see that may […]

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