Houston Sees 15 Percent Drop in Mortgage Apps, Thanks to Hurricane Harvey – CandysDirt.com

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The townhouse/condo market is down 15.9 percent statewide compared to last year. Short sales for townhomes and condos are down 57 percent, and foreclosure sales dropped 62.3 percent year-over-year.

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Mortgage Lenders Aventura Hallandale Fort Lauderdale Florida – Zerching Loans mortgage lending houston Sees 15 Percent Drop in Mortgage Apps, Thanks to Hurricane Harvey – CandysDirt.com Harvey could have deep impact on Texas oil, US economy – Massive flooding caused by tropical storm harvey along texas’ refinery-rich coast could have.

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CandysDirt.com. As the floodwaters recede and Hurricane Harvey survivors assess the damage to their. question arises: What will this do to the housing market in the Houston area?. from a 10 percent to 30 percent drop in values after a significant flooding event.. See More. Thank you, Jesus. Reply.

Harvey the Horrible is filling Houston with water.. week who have vacation homes in the Texas Gulf Coast to see if their homes fared as well,

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As officials decided to release water from a West Houston dam, Hurricane Harvey made landfall on the South Texas coastline on Aug.. The moment hurricane harvey hit, everyone called family and friends to see if. Due to the release of the water, they are going to keep the flooding level the way it is.

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Even though Hurricane Harvey didn’t hit the Houston area until very late in August, its effects are already being felt on mortgage performance. had returned to within 15 percent of its price peak.

However, businesses have warned it could see wages cut and jobs lost. take-home salary are often reluctant to take their holiday leave because it will mean a drop in pay that month. But business.

Another blow from Harvey: Houston home prices, rents likely to rise. Before the flooding from Hurricane Harvey, Houston had been a rare, fast-growing U.S. metropolitan area that had retained an.