FEMA is calling this Risk Rating 2.0, there hasnt been a change in the flood insurance rates since 1978!
October 1, 2021-all new policies will have the new rate
April 1, 2022 (when the policy renews) wil...
According to the US Energy Information Administration, global consumption will increase by 5.4 million barrels/day this year. With the recent OPEC decision to only increase production by 1.5 million b/d, this leaves the output below pre-...
How Can It Be??!! You Cant Have Both! ...or can you?
First, what is the definition of a sellers market? There are differing views, but some say when inventory of houses on the...
From NAR-
With housing inventory at record lows, it now may be more important than ever to build more homes. There are about 500,000 fewer homes available for sale across the country compared to the average number of listings in t...
By Clare Trapasso
Apr 26, 2021...
There aren’t shortcuts to improving your credit score. You’ll need to make sound financial decisions for at least several months to offset previous damage you’ve done to your credit record. But that doesn’t mean i...
I represent builders in the Heights, and around The Woodlands/Conroe area. Something that has been staggering to watch is the lumber price over the last year. This is just one more thing that is causing home prices to continu...
Here's the latest from Bloomburg-
Rates have increased from the record low of 2.65%, reached in early January. That’s made homes more expensive for buyers, many of whom have to stretch to afford a purchase as they compete fo...
"But Darren, I will be buying at the top of the market. Isn't that the worst time to buy?"
I have to say, this can be a scary time to be a buyer. Super low inventory, mixed with prices skyroc...
"This is CRAZY! It's a buyer's AND seller's market AT THE SAME TIME??" How can this be??
Number ONE reason: Record low interest rates on mortgages. Today (1...