Aaron Layman

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 […]

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 […]