Chris Thorpe Real Estate

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• TDHCA ALLOTS ENTERPRISE COMMUNITY $5.7 MILLION

  TEXAS ( PRNewswire ) – The Texas Department of Housing and Community Affairs (TDHCA) allocated Enterprise Community Partners Inc. $5.7 million in Neighborhood Stabilization Program (NSP) funding to provide down payment and closing cost assistance, Read More... Posted Tuesday, July 06, 2010 7:55 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Finances, Buyer Information, borrowers

• TEXAS' EXISTING HOME SALES DOWN, PRICES UP IN FEBRUARY

  TEXAS (Real Estate Center, Reuters, CNNMoney.com) – A total of 13,064 existing single-family homes were sold in Texas last month, a 2 percent drop from February 2009, according to MLS data compiled by the Real Estate Center at Texas A&M University. Read More... Posted Wednesday, April 21, 2010 12:15 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, For Sale, Announcements, Industry, Buyer Information, borrowers, home

• TEXAS RANKS 29TH IN 2009 HOME FORECLOSURES

  HOUSTON ( Houston Chronicle ) – Texas ranked 29th in state foreclosure rates for 2009, with 1.06 percent of the state’s total housing units receiving at least one foreclosure filing, according to a report by RealtyTrac. That calculation includes Read More... Posted Tuesday, January 19, 2010 10:59 AM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Buyer Information

• TEXAS CITIES HAVE OVERPRICED HOMES, FORBES SAYS

  AUSTIN ( Austin Business Journal ) – Two major Texas metros ranked among the top ten most overpriced home markets in the country, according to a study by Forbes.com. San Antonio ranked sixth and Austin–Round Rock tenth. Additionally, Houston Read More... Posted Friday, January 08, 2010 2:07 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Buyer Information

• CONGRESS APPROVES, EXPANDS TAX CREDIT

  WASHINGTON ( Bloomberg News , Associated Press ) – The Senate and the House have approved extending the first-time homebuyer tax credit, settling on an April 30 close date and expanding it to benefit more homebuyers. The plan, which had not been Read More... Posted Tuesday, November 10, 2009 2:28 PM by Chris Thorpe | 0 Comments Filed under: Market Conditions, Announcements, Industry, Finances, Buyer Information, borrowers, credit markets

• NEW INITIATIVE SEEKS STABLE HOUSING MARKET

  WASHINGTON (U.S. Department of Housing and Urban Development) – The Obama Administration yesterday announced a new initiative for state and local housing finance agencies (HFAs). It will help support low mortgage rates and expand resources for low- Read More... Posted Thursday, October 29, 2009 5:27 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Announcements, Industry, Finances, Buyer Information, borrowers, credit markets

• NORTH TEXAS HOUSING SHORTAGE IN 2010?

  DALLAS ( Dallas Morning News ) – Even with new home sales in North Texas continuing to slow, cutbacks in new home construction over the past couple of years could result in a new-home shortage come 2010. Builders have sold almost 13,000 more houses Read More... Posted Tuesday, October 13, 2009 10:55 AM by Chris Thorpe | 0 Comments Filed under: Market Conditions, For Sale, Announcements, Industry, Buyer Information, Community Information, borrowers, home, credit markets

• 30-Year Mortgage Rates Fall Under 6%

  Freddie Mac reports a drop in the 30-year fixed mortgage rate to 5.94 percent during the week ended Oct. 9, marking the first decrease in three weeks. The 15-year fixed rate slipped to 5.63 percent from 5.78 percent the previous week. Meanwhile, the five-year Read More... Posted Sunday, October 12, 2008 9:20 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Industry, Finances, Buyer Information, borrowers, interest rates, payments, credit markets