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Houston Homes Gain $42B in Value Despite Pandemic
Want some good news for a change? Well, if you're a homeowner or thinking about buying a new home in Houston, your investment looks like a smart one. Despite the pandemic, the Houston housing market gained 8.5% to boost the overall value of homes in Houston by $533 Billion according to a recent report from Zillow . Texas now has the fourth most valuable housing market in the United States at $2.1 Trillion and shows no signs of slowing down in 2021. In fact, Houston's housing

Ryko Development,Inc.
Jun 29, 20211 min read


Homes in Houston Area Selling at a Record Pace
Homes across the greater Houston area continued selling at a record pace despite historically low inventory, the start of the holiday season and the lingering coronavirus pandemic. A low supply of homes for sale and strong demand from homebuyers combined to push the average price to record territory. Once again, the high end of the market generated the strongest increase in consumer activity with mid-range homes also selling briskly. Houston homes are selling faster than eve

Ryko Development,Inc.
Dec 18, 20202 min read


Mortgage Rates Reach Another Record Low!
Thinking about taking the next step and buying your new construction home while mortgage rates are still low? Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.71 percent, the lowest rate in the survey’s history which dates back to 1971. 30-year fixed-rate mortgage averaged 2.71 percent with an average 0.7 point for the week ending December 3, 2020, down from last week when it aver

Ryko Development,Inc.
Dec 7, 20201 min read

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