Market Updates

April 9, 2021

Round Rock Named One Of Best Cities To Buy A House In America

The city has earned one of the top 15 spots for best places to buy a house in America, according to Niche's 2021 Best Cities to Buy ranking.

Round Rock has earned one of the top 15 spots for best places to buy a house in America, according to Niche's 2021 Best Cities to Buy ranking.

Round Rock has earned one of the top 15 spots for best places to buy a house in America, according to ...

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April 9, 2021

3 Alt Credit-scoring Methods

New types of data to determine prospective buyers’ creditworthiness may increase homeownership opportunities for Black and Hispanic Americans. However, standards need to be developed for the use of such data—which come from sources outside traditional credit bureaus—to ensure equitable and responsible lending practices, experts said Thursday during a National Association ...

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April 9, 2021

97 Offers on One Listing?

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The buying frenzy continues as multiple offers become the norm and buyers offer thousands or tens of thousands above the asking price to try to get the home they want. In many cases, buyers also are increasingly waiving appraisals and even some inspections to ...

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April 9, 2021

Lenders Are Tightening Up on Mortgage Loans

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Beware: Your buyers could struggle to be approved for a home loan. As lenders tighten standards,  home loan approval is becoming more difficult, The Wall Street Journal reports.

The Mortgage Bankers Association reports that mortgage credit availability, which measures lenders’ willingness to approve mortgages ...

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March 16, 2021

Austin-area housing market stays hot, sets January records

Austin-area sales of single-family homes, townhomes and condos soared almost 24% in January,

Continuing the Austin-area housing market's hot streak, home sales and the median price paid for those homes set records for a January, according to new data from the Austin Board of Realtors.

Low mortgage interest rates, high demand and a shortage of homes continue to fuel the market and drive prices ...

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March 16, 2021

Why Are Credit Scores Soaring in a Recession?

close up of credit report showing score

Credit scores have never been higher, positioning more Americans to qualify for some of the best mortgage rates ever. Yet, nearly 10.1 million Americans remain unemployed and have skipped mortgage or debt payments. How can this be?

“It’s been bizarre with this recession to see credit scores go up ...

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March 16, 2021

Pandemic Prompts Bigger Wish-Lists in Kitchens, Outdoor Spaces

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Pandemic Prompts Bigger Wish-Lists in Kitchens, Outdoor Spaces

The COVID-19 pandemic has changed the way people use their homes. It’s leading to several homeowners taking on renovation projects so they can better enjoy their spaces, whether inside or out.

HomeLight, a real estate referral company, surveyed more ...

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March 16, 2021

This Is the Best Time of Year to Get a Mortgage

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This Is the Best Time of Year to Get a Mortgage

Home buyers better hurry: This month may offer the best time of year to get a mortgage. But February can offer some of the best rates too, according to a new study from Haus, a home-finance ...

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March 16, 2021

What Does 2021 Have in Store for Home Values?

What Does 2021 Have in Store for Home Values? | MyKCM

 

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates ...

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March 16, 2021

Austin nails ranking as one of busiest home construction markets in U.S.

AUSTIN, Texas — (CULTUREMAP AUSTIN) New single-family homes are popping up like mushrooms around Austin, with the region nailing down its status as one of the busiest home construction markets in the country.

Data from the National Association of Home Builders shows Austin issued 21,653 permits for single-family homes ...

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