New Homes in Houston TX by Long Lake

Credit Standards Ease Up for Homebuyers

Large lenders’ expectations that underwriting standards will ease over the next three months coincide with overall lenders’ expected pullback in the demand for single-family purchase mortgages, according to results from Fannie Mae’s third-quarter Mortgage Lender Sentiment Survey. The share of lenders who expect purchase mortgage demand to go up over the next three months decreased significantly – between 26 to …

New Homes in Houston TX by Long Lake

2013 Real Estate Trends

Real Estate economists and insiders predict the 2013 market trends to include:  increasing home prices, increasing rent prices, less foreclosure bargains, an increase in short-sales, an increase in first time buyers, higher home construction costs, an increase in property management, an increase in mortgage rates, and easier credit standards.  However, these predictions are based on the mainstream forecast of economic …