New Homes in Houston TX by Long Lake

Mortgage Applications Increase 4.3 Percent

Mortgage applications increased 4.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 11, 2014. The Market Composite Index, a measure of mortgage loan application volume, increased 4.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 5 …

New Homes in Houston TX by Long Lake

Houston Expected to Exceed Pre-Recession Peaks as Home Values Rise

Declines in home values experienced during the recession have already been, or are close to being, erased in almost 20 percent of metro housing markets nationwide as values continue to rise, according to the first quarter Zillow Real Estate Market Reports. U.S. home values climbed 5.7 percent year-over year in the first quarter, to a Zillow Home Value Index of …

New Homes in Houston TX by Long Lake

Housing Recovery Continues to Proceed

Recent month-to-month volatility in the housing market has softened the ongoing recovery. However, the majority of the Fannie Mae National Housing Survey indicators on consumer attitudes have continued to move in a positive direction during the past year, which may portend a pick-up in homebuying and selling activity this spring. According to Fannie Mae’s March 2014 National Housing Survey results, …

New Homes in Houston TX by Long Lake

A Look at Homes of the Future

Today is an era that is dominated by technology. So is the real estate industry cashing in on this? Recently, an event was held which attracted more than 75,000 home builders and designers. All these skilled individuals came to one conclusion.  The financial crisis was caused by housing, and only housing can help in recovery. How is this possible? The …