Houston Properties

JANUARY 13, 2021

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. Put another way, the monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. So, what did they do? .”

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 years, according to recent data, when it was only about five years just before the housing market crash of 2007. Four other residences have traded hands this year and two more are under contract for sale.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

MAY 12, 2021

The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. This caused a good deal of uncertainty for all of us, including those new condo owners, many of whom attempted to back out of their contracts, put just-purchased homes on the market or listed them for rent.

Real Estate 36

Real Estate Inventory Buyers Construction 36