Real Estate and Events in Katy TX and Surrounding Communities

Archive for the ‘mortgage’ Category

Real Estate Market Conditions – Video Update – 01/16/2012

See the 10 tips for sellers in the Mortgage Advice section.  

Real Estate Market Conditions Video Update 01/16/2012

     Real Estate Outlook:  More Markets Show Measurable Improvement
     City Report:  Forbearance
     Green Living:  Tips for the New Year

     Real Estate Outlook:  Mortgage Applications Down
     City Report:  Remodeling Pays
    Mortgage Moment
    10 Tips for Sellers
     Home Inspections
     Buyers: Making the Right Choice
     Ready to Buy?
     How to Sidestep the Spread of Mortgage Fraud
     The Joys of Home Ownership
     Why Show / Why Buy Webcast

Real Estate Market Conditions – Video Update – 11/07/2011

 Here is the current real estate market conditions video update:   Katy Real Estate and Events Blog.


NATIONAL NEWS:  Real Estate Outlook: Pending Sales Decline; Mortgage Moment; City Report: Types of Buyers; 5 Great Things about Home Ownership;  Bankruptcy – a Financial Bailout?


Q&A:   Ready to Buy?  How to Buystep the Spread of Mortgage Fraud; The Joys of Ownership; Choosing a Condo; Tips for Saving

GET YOUR HOME SOLD!  Why Show / Why Buy Webcast

      via Katy Real Estate and Events Blog.

4 Steps to Minimize the Risk of Owning a Home

Tara-Nicholle Nelson, a Broker in San Francisco, is one of my favorite real estate/mortgage bloggers. Here is what her article in has to say about minimizing the risk in home ownership.

“Not so long ago, in a not-so-distant land, owning a home was thought of as the safest ‘investment’ around. Fast forward to the present day, and home ownership seems super scary to many people who can afford homes, and would like to own them, but are paralyzed by the fear of buying a lemon, or having a mortgage catastrophe.

Here are 4 simple steps to minimize the risk that you’ll become the main character in a homeownership horror story.

1. Stick with a fixed-rate mortgage. Recent data shows that adjustable rate mortgages, or ARMs, are increasingly popular, rising from 9 percent of the mortgage market in the fourth quarter of 2010 to 12 percent in the first quarter of this year. This might seem crazy to some, but in financially aggressive crowds, the lure of low, 3 percent#ish# interest rates on ARMs is enough to overcome any qualms. As well, today’s ARMs tend to have lower lifetime interest rate caps and require payment of principal, so they don’t adjust as violently as the subprime interest-only and option ARMs that contributed to the foreclosure crisis.”

Continue: 4 Steps to Minimize the Risk of Owning a Home: 

via Katy Real Estate and Events Blog.

Real Estate Market Conditions – Video Update 05/30/11

Besides the real estate outlook, check out this week’s updates about tornado relief, top towns for single moms and creative ways to curb spending – and the Q&A section.

Real Estate Market Conditions – Video Update 05/30/11

National News
– Real Estate Outlook – Existing Home Sales Fall
– Mortgage Moment
– City Report: Tornado Relief
– Top Towns for Single Moms
– Creative Ways to Curb Spending
Mortgage Advice
– Are you Ready to Buy?
– Kitchen Trends for 2011
– Home Inspections 101
– Popular Landscaping Trends
– Modern vs. Contemporary
Get Your Home Sold!

9 Reasons To Buy A House Now

9 Reasons To Buy A House Now

by Marc Davis

“If you’re planning to buy a house right now, the next few months may be the best time to buy. Waiting for both housing prices and interest rates to fall may not be a good strategy for potential homebuyers since analysts don’t expect any significant declines in these two most important home-buying factors. Here’s nine real estate trends that suggest you should get into the housing market sooner than later. (To learn more, check out 5 Tips For Recession House Hunters)

 TUTORIAL: Buying a Home

 1. Lowest Housing Prices in YearsNobody knows when the housing market will hit bottom, but prices are at their lowest in several years and may soon start inching back up again. So buying now or in the near future may be the right time. An abundance of bargain-priced housing is now available because of foreclosures and falling prices.

2. Interest Rates at a 50-Year LowInterest rates are near a 50-year low, according to housing analysts. By the second week of May, 2011, 30-year fixed mortgage rates had fallen to their lowest rates of the year at 4.63%. Although mortgage rates vary from day to day, the 30-year rate at this level is an attractive inducement to first-time buyers, or buyers who want to either move up to larger residences, or others, including many empty-nesters wanting to sell and move to smaller houses or condos.”

Get the other 7 reasons via Katy and Houston Area News and Events.

Real Estate Market Conditions Video Update – May 16, 2011

Here is this week’s market conditions update:
Real Estate Market Conditions Video Update

– Real Estate Outlook: New Legislation
– Mortgage Moment
– City Report: Move-In Ready
– Tornado Insurance
– Green Living: Summer Energy Savings
– A Message from Career Builder
– Why Buy this House?

Affordability to Drive Home Sales Growth

REALTOR® Magazine-Daily News-Economy, Affordability to Drive Home Sales Growth.

Economy, Affordability to Drive Home Sales Growth
Home sales are on track to outperform last year, even though the market doesn’t have the benefit of the home buyer tax credit. This is thanks to sustained economic growth, the slowly recovering jobs picture, and historically high affordability conditions, NAR Chief Economist Lawrence Yun told a packed room on Thursday during the Residential Economic Update at the 2011 REALTORS® Midyear Legislative Meetings.

Although unemployment remains high at about 9 percent, the country is seeing steady job growth. More than 100,000 jobs are being created a month, and the U.S. could see 1.5 million net new jobs this year, Yun said.

Real Estate Market Conditions – Video Update 05-10-2011

Here is this week’s market conditions update:

via Katy and Houston Area News and Events: Real Estate Market Conditions – Video Update 05-10-2011.


– Real Estate Outlook: Bernanke on Housing

– Mortgage Moment

– City Report: Remodeling is Heating Up

– Are You Ready to Buy?

– Kitchen Trends for 2011



– Home Inspections 101

– Popular Landscaping Trends

– Modern vs. Contemporary

– Green Living – Low-Impact Homes

– Your Market Conditions


Housing Trends eNewsletter – April 2011

Here is this month’s Housing Trends eNewsletter, filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

Housing Trends eNewsletter – April 2011

Margaret Zamanian
Prudential Gary Greene, REALTORS – Katy
Mobile: (713) 402-8265 Voicemail: (281) 646-1136

REALTOR® Magazine – Fannie Offers Closing Cost Help for REOs

 Fannie Mae is trying to lure more buyers to its foreclosure properties by offering to cover 3.5 percent in closing costs for home owners who close by June 30 on its HomePath properties.

Fannie’s HomePath program provides low down payment financing on REO property sales and has no requirements for mortgage insurance or appraisals. 

REALTOR® Magazine-Daily News-Fannie Offers Closing Cost Help for REOs.

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