Housing Policy Archives

housing policy

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

Previous 1213

"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

940-209-2100

Housing Policy

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