Posted on July 16th, 2008 by katyfamilyhomes.com
Many people like to improve their homes in Katy and other Houston communities. While this is usually done to make the property more livable, it is sometimes undertaken to improve the sale value of a home as well. Usually, modifications are made to a property over a period of years, and then when the homeowner [...]
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Filed under: Katy Family Homes, Sellers
Posted on July 15th, 2008 by katyfamilyhomes.com
Who are FNMA and FHLMC??? The mortgage market is a HOT topic in the news today and FNMA and FHLMC are tops in the headlines. WHO or WHAT are they??? FNMA (Federal National Mortgage Association or Fannie Mae) was created in 1938 under FDR when millions of families could not become homeowners or risked losing their [...]
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Filed under: Economy/Market, Katy Family Homes, Lenders
Posted on July 15th, 2008 by katyfamilyhomes.com
June 2008 Sales Houston Area Home Prices Reach Record Highs In June Despite Another Drop In Sales Soaring average and median prices remain the silver lining of the sales slowdown that began last fall HOUSTON — (July 15, 2008) — Despite a tenth consecutive monthly decline in sales, the average and median [...]
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Filed under: Economy/Market, Houston Area Real Estate, Katy Family Homes