Real Estate

FHFA announces conforming loan limits for Fannie and Freddie mortgages

Houston Agent Magazine 12/3 9:27A Lindsey Wells
The Federal Housing Finance Agency (FHFA) recently announced its 2022 conforming loan limits (CLL) for conventional loans acquired by Fannie Mae and Freddie Mac . The limit is adjusted each year to reflect changes in housing prices across the...

Mortgage applications fall over Thanksgiving week as rates rise

Houston Agent Magazine 12/2 7:16A John Yellig
Mortgage applications fell 7.2% on a week-over-week, seasonally adjusted basis in the week ended Nov. 26, while the average 30-year fixed-mortgage rate rose for the third week in a row to 3.31%, its highest level since April, the Mortgage Bankers...

New listings, showing attendance beginning to drop during holiday season

Houston Agent Magazine 12/2 7:02A Lindsey Wells
The pace of new listings remained lower again this week as Thanksgiving travel increased significantly over last year. During week 47, real estate agents entered 1,359 properties into the Multiple Listing Service (MLS) for the week ended Nov. 29...

Are investors to blame for low housing inventory?

Houston Agent Magazine 12/2 5:02A Lindsey Wells
The share of Seattle-area homes purchased by investors has grown steadily over the past two decades, from 3% in 2000 to 9% this fall, according to a recent Redfin report . Investors account for 6-29% of all home sales. Washington isn’t the only...

Hot interior design trends for the new year, from Houzz

Houston Agent Magazine 12/2 4:50A Emily Mack
The home remodeling platform Houzz has compiled their 2022 trend forecast: a list of 10 interior design predictions. The styles are compiled based on surveys and observations from the expansive Houzz...

Hamilton Thomas Homes launches in Houston market

Houston Agent Magazine 12/2 3:56A Lindsey Wells
Hamilton Thomas Homes, a new Houston-area builder, has announced plans to build its first community in Balmoral. Led by Jennifer Keller, Hamilton Thomas Homes broke ground in October in Balmoral, where it will build 31 homes on 45-foot sites....

S&P CoreLogic Case-Shiller: Home-price gains take a pause

Houston Agent Magazine 12/1 9:03A John Yellig
The heat of home-price increases cooled a bit in September, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which registered a 1.2% seasonally adjusted gain from August...

Coventry Homes announces plans to expand into Candela

Houston Agent Magazine 12/1 8:20A Lindsey Wells
Coventry Homes will expand its building program to the 460-acre community of Candela, the builder announced in a press release. Priced from the $530,000s, homes will be situated on 70-foot sites with designs ranging from 2,915 to 4,573 square...

Houston’s suburban, rural areas seeing heightened activity

Houston Agent Magazine 12/1 7:47A Lindsey Wells
New Houston listings gained momentum in suburban and rural areas in November while remaining sluggish in urban areas, according to the Houston Association of Realtors (HAR) Multiple Listing Service (MLS). Realtors entered 9,236 properties into...

Pending-home sales rebound in October

Houston Agent Magazine 11/29 8:02A John Yellig
Pending-home sales surged 7.5% on a monthly basis in October after falling 2.3% in September, the National Association of REALTORS® reported, citing its Pending Home Sales Index. Year over year,...

Houston home values rose 18.8% in October

Houston Agent Magazine 11/29 6:02A Liz Hughes
While the housing market may be hotter than usual, the shift toward seasonal norms is starting to show and could benefit both buyers and renters. The housing market may be hotter than usual, but October saw a shift toward seasonal norms,...

NAR Travel Club to provide travel discounts to members

Houston Agent Magazine 11/28 12:00A Lindsey Wells
The National Association of Realtors (NAR) has partnered with Panorama Travel Solutions to offer exclusive travel deals and discounts through the NAR Travel Club . As part of the Realtor Benefits Program , NAR members and their families will have...

Redfin: Home-buying demand reaches all-time high

Houston Agent Magazine 11/27 12:00A Lindsey Wells
The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report , a recovering economy and all-time low mortgage rates are...
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