Blog
Blog
January 2018 Market Update
I want to point out some divergent information out there - between the national trends and some local observers. Nationally, we continue to see an undersupply of housing. Look at the charts at the top of the
December 2017 Market Update
Year-end 2017 brought 123 transactions in our survey of transactions related to parties we generally associate with lot and new-home development.
12-2017 Market Report
It’s the time of year when we look back at where we are, and look forward to next year.
Our usual look back at the multi-parcel transactions in November shows us 114 transactions involving a party generally associated with new-home development.
11-2017 Market Report
A recent report from the National Association of Realtors highlights a national tren...
10-12-17 Market Report
Looking at the number of local transactions involving sellers with more than one deal in September, we find 140 transactions (some involving multiple parcels) associated with firms we typically associate with single-family development. See...
August 2017 Market Report
Let’s look at our usual metric of number of transactions for sellers normally associated with new construction (i.e. builders and lot developers) for August 2017. We find 141 transactions in August, which is consistent with expectations ...
Lubbock Texas Market Report 07-2017
Looking at grantors transferring more than two parcel during July 2017, grantors that we generally associate with new construction accounted for 131 transfers. This beats the per-month average in 2017 Q2. We note that many of the transfers...
Market Report through Q2-2017
New residential construction lead the way in disposition transactions through the first two calendar quarters of 2017. Looking at grantors transferring more than two parcel during each month, grantors that we generally associate w...
What Is A Qualified Mortgage?
As this video explains, Federal laws put into effect in 2014 and supervised by the Consumer Financial Protection Bureau define lending practices and loan terms for a new category called “Qualified Mortgages.”
They provide stable loan features for consumer...
What Does Ability To Repay Mean?
What are the “Ability to repay” rules about?
In a nutshell, as this video shows, new laws require lenders to make a good-faith assessment of a borrower’s capacity to pay back their loan over time.
It’s a longer-term view that goes beyond immediate income...