Texas

Strong third-quarter home sales in the Houston area put Texas on a path for another record year, according to a Texas Association of Realtors report.

Dallas-Fort Worth was the only major Texas market that saw a decline in third quarter home sales.

Flat home sales last month lowered the temperature a bit in the long-hot Central Texas housing market, according to the Austin Board of Realtors.

More than 20% of the houses listed for sale in the Dallas area have had at least one price cut in order to try and move the property.

Natural disasters are now the leading driver of lenders' foreclosure risk, with last year's hurricanes causing a rise in third-quarter filings in affected markets, according to Attom Data Solutions.

One in five new homes permitted in Houston in the year after Hurricane Harvey is in a flood plain — some on prairie developed for the first time after the storm — even as new rainfall data showed existing flood maps understate the risk posed by strengthening storms.

USAA will be eliminating 265 home sales and lending positions, but it already has offered nearly 100 of the affected workers different jobs within its mortgage unit.

Thirty states told the Council of Development Finance Agencies they issued mortgage revenue bonds in 2017 compared to only 18 that issued mortgage credit certificates.

The Dallas-Fort Worth home market retreated in August, with preowned home purchases down from a year ago and prices growing at a slower rate.

Houston-area home sales in August were up an eye-popping 37% over the same month last year, but there's good reason for the astonishing increase: Hurricane Harvey.