Housing Policy Archives

housing policy

Fed Looks At Texas’ Affordable Housing Problem, Fails To Look In The Mirror
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Fed Looks At Texas’ Affordable Housing Problem, Fails To Look In The Mirror

Economy, Housing Policy, In the Press, Politics, Real Estate, Spin Cycle, Texas Home Prices, Texas Property Taxes, Video

Fed Looks At Texas’ Affordable Housing Problem, Fails To Look In The Mirror

The Federal Reserve can be commended on one thing. They never cease to provide entertainment in terms of their complete ineptitude and functional obsolescence. The Fed continues to show no remorse for the damage they have inflicted on the general population and their destruction of what was formerly known as the U.S. housing market. The latest comedy from the Fed comes courtesy of the inaugural report from the Dallas Federal Reserve Community Outlook Series titled 'The Scarcity of Texas Affordable Housing' In this fun-filled trip down the rabbit hole, the Fed examines the problem of the lack [...]

By Aaron Layman|2022-08-06T13:33:39+00:00October 1st, 2016|Economy, Housing Policy, In the Press, Politics, Real Estate, Spin Cycle, Texas Home Prices, Texas Property Taxes, Video|0 Comments

Census: New Home Sales In June Rise To Highest Level Since 2008

The Census Bureau reported new residential sales for June that came in at a rate of 592,000 (SAAR). This was above expectations, and a continued indicator that the Fed's juicing of the market continues to provide a boost to new residential construction. The latest report shows that new home sales in June were 25.4 percent higher than last year. New home prices were also higher. The median price of a new home sold (contracted) in June was $306,700 and the average price was $358,200. This was a good report for new home sales, but it [...]

By Aaron Layman|2022-08-06T13:34:05+00:00July 26th, 2016|Development, Economy, Housing Policy, Mortgage Rates, New Home Sales|0 Comments

Foreign Investment In U.S. Real Estate Cools In 2016, But China Still Leads List Of Funny Money

The National Association of Realtors has published its latest survey profiling foreign buyers of U.S. real estate, and the latest data is remarkable for a number of reasons. Not surprisingly, China is still the largest source of foreign investment into U.S. homes and property. Something also worth noting is the decline of to total investment dollars reaching its way into the United States. It appears that the latest global central-bank-sponsored asset bubble may be finally popping once again. This will be a particular cause for concern for those wealthy property owners who have bought into [...]

By Aaron Layman|2016-07-08T13:15:17+00:00July 8th, 2016|Housing Policy, In the Press, International Real Estate, Real Estate|0 Comments

New Home Sales Decline To 511,000 Annual Rate In March

The Census Bureau reported that new home sales for March declined to a seasonally adjusted annual rate of 511,000. This was below expectations of 522,000, but higher than March of last year. The median price of a new home contracted in March was $288,000, a YoY decline of $5,400. The average price of a new home contracted in March was $356,200, $3,500 more than March of 2015. New home sales have remained grounded as the Fed's "wealth effect" continues to diminish within the real economy. New home sales are still hovering around 1991 levels, due [...]

By Aaron Layman|2019-02-06T01:45:29+00:00April 25th, 2016|Development, Economy, Housing Policy, New Home Sales, Real Estate|0 Comments

Census: Housing Starts, Permits Decline In March

It appears the 2016 "pent-up demand" story didn't last very long. The Census Bureau just reported that housing starts and permits both fell during March. What is interesting is that single-family starts fell 9.2 percent from revised February numbers, posting at a seasonally-adjusted annual rate of 764,000 units. Single-family authorizations fell 1.2 percent from February figures. Housing starts and permits are higher year-over-year, but much of the increase in activity is due to lenders "expanding the credit box", not necessarily from increased demand in general. The mortgage industry realizes that many buyers cannot afford today's [...]

By Aaron Layman|2019-02-06T01:45:48+00:00April 19th, 2016|Development, Economy, Housing Policy, New Home Sales, Real Estate|0 Comments

NAR: Existing Home Sales Fizzle In February As Affordability Evaporates

The National Association of Realtors reported that existing home sales fizzled in Februrary, falling to a seasonally adjusted annual rate of 5.08 million. This was a sharp decline from January numbers but 2 percent higher than a year ago. NAR's chief economist, Lawrence Yun, mentioned the stock market, poor weather on the East coast, as well as supply and affordability issues. At least he got one of the four correct! The real problem surrounding the U.S. real estate market is a lack of affordability. Home prices have been levitated back to the previous bubble levels [...]

By Aaron Layman|2018-05-13T20:34:47+00:00March 21st, 2016|Existing Home Sales, Housing Policy, Mortgage Rates, Texas Home Prices, Texas Real Estate|2 Comments

Mortgage Rates Drop As “Recovery” Drowns In The Sea Of Central Bank Market Manipulations
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Mortgage Rates Drop As “Recovery” Drowns In The Sea Of Central Bank Market Manipulations

Economy, Housing Policy, Mortgage Rates, Real Estate, Spin Cycle

Mortgage Rates Drop As “Recovery” Drowns In The Sea Of Central Bank Market Manipulations

"Anyone claiming that America's economy is in decline is peddling fiction." Barack Obama - SOTU January 2016 2016 has seen one of the worst starts to a year ever for major U.S. stock indices ever, and that means mortgage rates have continued to fall during the first two weeks of the year. For those who were rushing to lock in a sub-4 percent mortgage, there really was no need to rush. It is now easy to get a 3.75 percent fixed rate 30-year mortgage here in the Houston area. Mortgage rates are driven by demand [...]

By Aaron Layman|2017-02-03T23:27:53+00:00January 16th, 2016|Economy, Housing Policy, Mortgage Rates, Real Estate, Spin Cycle|0 Comments

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"Could not have been more pleased with the entire process of selling my Katy house. Aaron was very professional and went out of his way to help kennel my dog before showings while I was at work. He had an outstanding knowledge of the entire real estate transaction process and was always very responsive to my questions. Would definitely recommend Mr. Layman to anyone I know!!"

Matt B., Home Seller

"Aaron helped us narrow down our choices and navigate the market. He is very knowledgeable about making a wise decision. He will help you find a house that you love and is a good financial decision."

Kristina R., Home Buyer

"Aaron was our realtor when we bought our house 13 years ago and he was our realtor when we sold our house in 2014. He is honest about the market and very helpful with all aspects of buying/selling a home. We would recommend him to anyone in need of realty services."

Paula O., Home Buyer & Seller

"We had several agents to choose from as we'd been in the area for several years. Aaron was an easy choice as he's knowledgeable and wasn't afraid to go after what's best for us, his clients! He kept us well informed throughout the process and was always prompt in answering questions from start to finish. We definitely recommend Aaron!"

Shanna K., Home Buyer

"Working with Aaron was the best decision we made when looking for a new home and selling our previous home. He is one of the most knowledgeable realtors in the area. He knows the numbers, the trends, and always has data to back up his recommendations and decisions. Likewise, he made the process simple and understandable at the same time. Aaron was always in our corner and always did his best to get the best outcome for us. I have recommended Aaron to many friends and family and would recommend him to anyone looking to buy or sell their home."

Angelo G., Home Buyer & Seller

Denton County Realtor Aaron Layman

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Housing Policy

Fed Looks At Texas’ Affordable Housing Problem, Fails To Look In The Mirror

Mortgage Rates Drop As “Recovery” Drowns In The Sea Of Central Bank Market Manipulations