September 2010

There are 2 blog entries for September 2010.

Houston predicted to be #1 in home price appreciation for the next year

Monday, September 27th, 2010 at 6:35pm. 781 Views, 0 Comments.

Houston is expected to post the nation’s strongest home price appreciation over the next year, according to a new report by Veros Real Estate Solutions.

Houston’s relatively low unemployment -- 8.7 percent in August -- contributed to the city showing an increase in home prices in the third quarter and that trend should only continue, says Veros’ VeroFORECAST.

“Texas is looking strong, with four of the top ten markets in the appreciation forecast,” said Eric Fox, Veros’ vice president of statistical and economic modeling, in a statement.



Read more: Houston tops in home price appreciation - report - Houston Business Journal

Contact Erika@McCannProperties.com or 832-244-0029 to help you find your nest home or real estate…

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Mortgage Rates Fall Again- 4.32%!

Tuesday, September 7th, 2010 at 8:54am. 212 Views, 0 Comments.

It seems implausible -- even impossible -- yet here we are again. For the 10th time in the last 11 weeks, conventional mortgage interest rates dropped to a new historic low. The average 30-year fixed rate hit 4.32 percent for the week finishing Sept. 2, a drop from the previous week's 4.36 percent, according to Freddie Mac. Rates on 15-year fixed-rate mortgages dropped to an average of 3.83 percent, down from last week's 3.86 percent. Unbeatable rates should encourage buyers that are sitting on the fence to take a shot at homeownership. Remember, values have held steady in Houston, throughout most of this mess. In fact, many areas have seen increases and robust sales. It takes a knowledgeable and experienced realtor to guide you. Contact me for all your…

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