by evan | Jan 16, 2009 | Rockwall Texas Living Video Blog
Despite the negative news surrounding the real estate industry, now continues to be a great time to buy a home in Texas, said Dr. Mark Dotzour yesterday, speaking before the Beaumont Board of Realtors. Dotzour, the chief economist for the Real Estate Center at Texas...
by evan | Sep 17, 2007 | Rockwall Texas Living Video Blog
The Federal Reserve Board’s Federal Open Market Committee cut its short-term interest rate by a half of a percentage point today to 4.75 percent. According to the committee, the tightening of credit conditions has the potential to intensify the housing correction and...
by evan | Aug 31, 2007 | Rockwall Texas Living Video Blog
Federal Reserve Chairman Ben Bernanke pledged Friday that the central bank will “act as needed” to keep the credit fallout that has unhinged Wall Street from hurting the national economy. In anxiously awaited remarks, Bernanke didn’t specify what the...
by evan | Jan 5, 2007 | Rockwall Texas Living Video Blog
Based on results from its recent mortgage study (see article), the Center for Responsible Lending (CRL) has predicted that one out of five subprime loans issued during 2005 and 2006 will fail, resulting in foreclosure for millions of American homeowners. Dr. Mark...