January Katy Real Estate Report

  Katy home sales fell 10 percent year-over-year in January as the mean reversion continued to take shape in the Houston area real estate market. Houston as a whole saw home sales volume that was up about one percent. Sales of new construction declined in January, falling five percent within Katy ISD and down 4 […]

President Trump signed numerous executive orders Friday night. One of them halted an FHA premium cut.

Layman’s Analysis: FHA Premium Cut Halted by Trump

Move Designed to Head Off Future Problems WASHINGTON (AaronLayman.com) – Well that didn’t take long! The proposed FHA premium reduction has been halted by the Trump administration. Mortgageee Letter 2017-07 was issued within hours of Mr. Trump being sworn into office. The scheduled 25-basis point premium cut was slated to take effect January 27, a parting gift […]

The December Katy Housing Report

KATY (AaronLayman.com) – Katy Texas real estate finished out 2016 much like it started, with sales volume stagnating amid diminished affordability and increasing inventory. Home sales within Katy ISD declined seven percent during December while Houston area home sales rose about 3 percent. New home closings within Katy ISD were down 28 percent compared to […]

Closings of new construction in Katy dropped 28 percent compared to September of last year

Katy Texas West Houston Real Estate Market September 2016 HOUSTON (AaronLayman.com) – September home sales slowed throughout the Houston area, and Katy’s real estate market was particularly soft during the month. While Houston homes sales volume declined 2 percent compared to last year, Katy saw a seven percent year-over-year decline in sales volume. On top […]

LAYMAN: Fed Looks At Texas’ Affordable Housing Problem, Fails To Look In The Mirror

The Federal Reserve can be commended on one thing. They never cease to provide entertainment in terms of their complete ineptitude and functional obsolescence. The Fed continues to show no remorse for the damage they have inflicted on the general population and their destruction of what was formerly known as the U.S. housing market. The latest […]