Mindblown: a blog about philosophy.
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Total home sales down in 4 of 5 ZIP codes covering Bellaire, Meyerland, West U
In September 2024, home sales decreased in four of five ZIP codes in the Bellaire, Meyerland, and West University areas compared to September 2023, with the 77096 ZIP code being the only exception, showing an increase. A total of 68 homes sold, continuing a downward trend from previous months. The median home prices fell in…
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Texas Home Insurance: 6th Priciest in the Nation
Despite inflation slowing, Texas home insurance costs continue rising due to previous losses and material costs.Texas ranks 6th for home insurance, with an average annual premium of $3,916, driven by inflation.
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Limiting Large-Scale Buyers: Fixing Texas Housing?
Texas, a fast-growing region, sees increasing real estate purchases, prompting lawmakers to reconsider institutional investors' role.Texas lawmakers, with bipartisan support, are evaluating policies to limit large-scale property purchases by institutional investors.
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Consejos Legales Esenciales Para Compradores De Viviendas
Confirma la propiedad y la existencia de gravámenes antes de comprar bienes raíces.Examina cuidadosamente los términos como precio, financiación y contingencias.
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Texas Has the 6th Highest Mortgage Delinquency Rate in the U.S.
The COVID-19 pandemic initially increased unemployment, prompting the CARES Act to offer temporary homeowner protections. As the economy adapted, inflation and rising home prices have posed new challenges, making mortgage payments harder. National mortgage debt surpasses $12.5 trillion, with delinquency rates rising due to high interest rates and the end of federal aid. Geographic disparities…
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How to Find the Best Mortgage Lender
When comparing lenders for a mortgage, ask questions to narrow down the list. Good lenders explain their recommendations and have a clear process. Consider factors beyond rates, like the lender's communication style. Ask about loan estimates, required information, preapproval process, available loans, recommended options, closing time, communication methods, in-house processes, community involvement, and cultural understanding.…
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Tips for Successful Rental Investing
Screen tenants thoroughly to avoid costly issues; skipping checks can lead to significant financial losses. Budget 1%-2% of property value annually for maintenance to prevent minor issues from escalating.
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Texas New-Home Sales Decline in Major Markets
New-home sales in Texas' four largest markets fell in August, with the three-month average dropping to 5,803 from 5,977 in July. Sales dipped in Dallas-Ft. Worth, Houston, Austin, and San Antonio, showing minor declines across all cities.
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Central Texas Sees 15.4% Surge in Active Home Listings
In Mid-Q3, active home listings in Central Texas rose by 15.4%. The median home price fell by 4.4% to $439,990, creating buyer opportunities.
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Texas Insurance Hurdles: What Homeowners Need to Know
Insurance companies are increasingly exiting Texas, complicating home policy availability for shoppers. Progressive has ceased writing new policies, impacting prospective homeowners seeking insurance options.
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