By Rob Chrisman

Posted To: Pipeline Press

Pro Teck Valuation Services’ Home Value Forecast (HVF) examined the impact of lower oil prices on home values. Perhaps to no one’s surprise, the HVF suggested that areas with a diverse economic market and don’t solely depend on oil experienced stable home prices. The HVF evaluated Houston’s home prices compared to crude oil prices within the last forty years and found that Houston’s home prices have been slightly increasing due to the diversity of the industry (with the exception of the 1980s). The survey also identified the ten best and the ten worst performing metros ranked by the survey’s market condition ranking model. San Antonio, Houston and Denver joined Washington State and California areas as top performing metros according to real estate market indicators including, sales/listing…(read more)

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Via:: Lender Updates; TRID Progress Survey; So You Want to Staff a Correspondent Division?

      

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Written by : Mortgage News Daily

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