Aaron Layman

February Real Estate Report for Katy

  KATY (AaronLayman.com) – Katy home sales rose 13 percent in February, besting the 4 percent increase in sales activity in the general Houston area. Sales of new construction were also slightly higher in February compared to the leap year month of last year. Despite one less day for the year-over-year comparison, sales volume was […]

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 […]

Big Increase in November Katy Home Sales

KATY (Covering Katy) – Katy Texas homes were flying off the shelf in November as buyers hedged election year uncertainty and locked in their relocation plans. Compared to November of last year sales volume in the Katy area was up by 19 percent. Sales in Houston as a whole rose by 21 percent year-over year. New […]

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 […]