Eric LaMay's Blog Posts

May 15 2018 51594 1

Inventory levels hovered at all-time lows in the first quarter of 2018, driving up home prices, according to the latest quarterly report from the National Association of Realtors.The median

Read More

How Much Did You Say They Are Asking

FORT WORTH HOME PRICESThe average home price continues to rise but beginning to level off. Up 15.3% in 2017 to just 6.9% in 2018 (still above the national average). If yo would like to know what

Read More

Is The Rent Finally Too Damn High Rent Households Fall Again Homeownership Holds Steady Apr 27 2018

Is a combination of high rents and shifting demographics driving a move from renting to buying?The latest data from the Census Bureau shows that may be exactly what’s happening.On

Read More

Mortgage Interest Rates Have Begun To Level Off

Mortgage Interest Rates Have Begun to Level Offby DeAnna Morgan | Apr 11, 2018 | First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up

Read More

Home Equity Hits All Time High

Black Knight: Tappable equity hits all-time highNow 10% above previous 2005 peak April 2, 2018Kelsey RamírezKEYWORDSBLACK KNIGHTHELOCSHOME PRICEMORTGAGE MONITORTAPPABLE EQUITYTappable equity

Read More

Federal Reserve Raises Interest Rates For First Time In 2018

Federal Reserve raises interest rates for first time in 2018Indicates two more rate hikes coming this yearAs expected, the Federal Reserve announced Wednesday that it is increasing

Read More

Gear Up For First Rolling Town Hall Of The Season

Mayor Price leads cyclists as they hit the streets of Fort Worth, TX., for one of last year's Rolling Town Halls.Grab your bike and bring your ideas for a better Fort Worth as Mayor Betsy Price

Read More

Chase Offers 3000 Grant To Low Income Homebuyers

Expands program nationwide!JPMorgan Chase announced it is now offering up to $3,000 in grants and incentives that will cover closing costs and the down payment for homebuyers in low- to

Read More

Interest Paid On Home Equity Loans Is Still Deductible

IRS: Interest paid on home equity loans is still deductible under new tax planBut not in every case February 22, 2018Ben Lane4 CommentsThe country’s new tax laws, ushered in by President Donald

Read More

Mortgage Rates Continue To Rise

Mortgage rates increased once again for the seventh consecutive week, and the 30-year rate even hit its highest point since April 2014, according to Freddie Mac’s Primary Mortgage Market

Read More

Dallas Ranks Number One In New Homes Built

Homebuilding saw a pickup near the end of 2017 and is even expected to fuel the housing market in 2018 as it rises to a post-recession high.But which metros came out on top as having

Read More

Handyman Or Specialist

Can a Handyman Handle That? 5 Ways to Tell  By Cathie Ericson | Feb 20, 2018All hail the handyman. They're just so ... handy! And yet, these jacks-of-all-trades are&

Read More

Flood Insurance

Flood insuranceRather than wait for a flood to occur, you can act now to protect your property from flood damage.If the floor level of your property or structure is lower than the Base Flood

Read More

First Time Selling A Home

First-time sellers beware: there are lots of myths out there about the right way to sell your home. While your Texas REALTOR® is your first line of defense against making these mistakes, here are

Read More