Welcome to the Texas National Title blog page. Please check back frequently to view the latest news.
Tandy on Real Estate
Tandy on Real Estate
Texas is almost like a country in itself with 12 economic regions including: High Plains, West, Northwest, Metroplex, Upper East, Capital, Central, Southeast, Upper Rio Grande, Alamo, Gulf Coast and South.
Today I would like to take a look at what we Texans call “the Valley”, to look at our economy and job growth.
As I noted last week, there are significant ramifications to the Consumer Financial Protection Bureau’s (CFPB) recent enforcement action and fine against a lender, a mortgage servicer and two real estate brokerages. Foley and Lardner LLP published an analysis highlighting key takeaways from the consent order. Their analysis highlights the far-reaching impact of this order, especially for real estate brokers and agents.
The Consumer Financial Protection Bureau (CFPB) took action last week against a major mortgage lender, Prospect Mortgage, LLC, for paying illegal kickbacks for mortgage referrals. In addition, two real estate brokers and a mortgage servicer were held responsible for taking the illegal kickbacks.
ATTOM Solutions reveals the best bargain months to buy a home.
I have said before, 2017 is looking very hopeful – reports are predicting a slow and steady growth. We may not increase at a rate that we have in the past, but we are still on the rise. This is confirmed by the Federal Reserve Bank of Dallas and the Austin American Statesman. The Federal Reserve Bank of Dallas released their Regional Economic data for December 2016, and all major metro business cycles indexes increased, except for a small dip for Houston.
A new year is full of potential – the promise of what is to come. People make resolutions and promises to themselves on what they want to accomplish or how they will improve in the year to come. Curiosity has gotten me when it comes to the resolutions people make, especially as we enter into the post-New Year’s Day weeks where these promises to ourselves begin to become less of a priority.
According to Inc.com the Top 10 New Year’s Resolutions are:
So, we know that Austin is the Silicon Hills of the South and leads the tech corridor in microchip development, tech startups and venture capital funding, outside of cities like San Francisco. I recently received the Patent Activity Report produced by Beverly Kerr, VP, Research at the Greater Austin Chamber of Commerce, and it became ever more evident to me why we are the incubator of tech development and why inventors, developers and top technology companies flock to our great city.
According to the U.S. Census Bureau there is a new fastest growing state in America. This year North Dakota got outranked by Utah. Utah’s population went past the 3 million mark and increased 2% since last year.
See the Top 10 ranking below with Texas coming in at #10. Not too shabby.