2022 was a tale of two halves. January through May/June was one type of market, and July through December was a very different market. Below was report released by Biggerpockets this month and I had to concur with their outlook. They been doing really good job analyzing all different data points and helping investors. Through the first […]
May the New Year bring health, prosperity, and happiness into your home! About Om Realty Group Tx
As per the report released for Q3 2022 by HAR team, housing affordability remains a challenge for homebuyers in the Greater Houston area amid a backdrop of slowing home sales, moderating home price appreciation and higher mortgage rates. Fewer households could afford to purchase a median-priced home in the third quarter of 2022 compared to […]
The Texas Real Estate Research Center recently looked at how different interest rates can affect the rate of return on homeownership for first-time buyers. The study’s model made several assumptions (Table 2). The home costs $250,000, which was the first-quartile sales price for first-time buyers for an existing single-family home in Texas in 2Q2022. The […]
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