Odessa Real Estate News
Real Estate news for Odessa, TX continually updated from thousands of sources.
Friday Feb 6 | via Mortgage News Daily
The National Association of Home Builders said today that nationwide metropolitan area markets are improving at a constant pace and are nearing normal economic and housing activity. The Association's Leading Market Index issued in conjunction with First American Title Company rose slightly to .90 in the fourth quarter of 2014. Comment?
Dec 18, 2014 | via Business Journal
Cullen/Frost Chairman and CEO Dick Evans was excited to move forward with the merger with WNB Bancshares Inc. in the Permian Basin region of West Texas. The year 2014 saw banks in and around San Antonio continue their slow but steady recovery from the financial crisis that rocked the nation in 2008-09. Comment?
Aug 15, 2014 | via Forbes.com
Home price trends in Texas, however, are a terrible guide to what's in store for the rest of the country. Comment?
1 hr ago | via SNL Financial
Republicans said March 3 that they will make a significant push to reform the Consumer Financial Protection Bureau, introducing legislation to change the agency's leadership structure and signaling strident opposition to the regulator's crackdown on payday lending. CFPB Director Richard Cordray testified for approximately four hours in a hearing in front of the House Committee on Financial Services for the regulator's semi-annual report, with Republicans criticizing the agency and Democrats praising it. Comment?
Aug 22, 2011 | via American Reporter
I am a believer in dreams, and when I had a waking dream a few days after the S&P downgrade of our national debt of President Obama packing his bags and leaving the White House, I was saddened for him and for my country. But the great thing about dreams, if they are truly predictive, is that they give you time to change the future, and I'm going to try doing that with this advice. Comment?
22 hrs ago | via Business Journal
First-time homebuyers in Texas dropped by 4 percent to 29 percent of all Texas homebuyers. Meanwhile, the national first-time homebuyer share of the market rose by 5 percent to 33 percent of homebuyers nationwide. Comment?
Monday | via Housing Wire
Happy Independence Day Texas! The Lone Star state is celebrating its 179 birthday, and the latest housing report from the Texas Association of Realtors , gives the state plenty of reason to brag. Texas, home to HousingWire headquarters, continues to be one of the top states in median household income growth and new home sales, with the median household income of Texas homebuyers increasing 5.9% year-over-year to $97,500, the 2015 Texas Homebuyers and Sellers Report said. Comment?
Monday | via Star-Telegram.com
Texas leads the nation in new home sales and median household income growth, according to the 2015 Texas Homebuyers and Sellers report released Monday. Of the homes bought between July 2013 and June 2014, 28 percent were new homes, a 1 percent decline from the prior 12 months, according to the report released by the Texas Association of Realtors. Comment?
4 min ago | via Seeking Alpha
We have all heard the positive sounding news: fourth quarter revenues of US$362 million, a 121% increase from third quarter of 2014; contract sales of $402 million, which is a 140% increase from the third quarter of 2014. These numbers are really a testimony to just how bad the Chinese real estate market was the third quarter. Comment?
5 min ago | via Chorley Citizen
George Osborne has said the economy has reached a "major milestone" after a respected think-tank found average household incomes are back to the levels they were before the financial downturn. The Institute for Fiscal Studies projections suggest median or middle household incomes in 2014/15 have reached the same levels as in 2007, although they are still more than 2% below their 2009/10 peak. Comment?
1 hr ago | via Reuters
Applications for U.S. home mortgages edged up last week as interest rates dipped, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 0.1 percent in the week ended Feb. 27. The MBA's seasonally adjusted index of refinancing applications rose 0.5 percent, while the gauge of loan requests for home purchases, a leading indicator of home sales, fell 0.2 percent. Comment?
9 min ago | via Sinn Fein Newsroom
Sinn FA in TD and Finance Spokesperson Pearse Doherty has welcomed the climb down from Minister Michael Noonan on the introduction of a Mortgage Insurance scheme. The dropping of the proposal was confirmed to Deputy Doherty in a parliamentary reply. Comment?
22 min ago | via CBC News
Chris Glover is CBC Manitoba's legislative reporter. He started his career as a producer at CBC News Network in Toronto. Comment?
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