Texas Real Estate
Trealtor Key Details: Fact Info Individuals Involved Noreen Khan (aka Noreen Khan-Mayberry), 52, former NASA technical manager; Christopher Mayberry, 53, NASA contractor employee Crime Conspiracy to commit mortgage fraud via false statements and documents Timeline 2016–2021 Scheme – Took large personal loans to fund a luxury home purchase– Defaulted on loans quickly– Falsely claimed identity theft– … Read more
Key fact: The average 30-year fixed mortgage rate dropped to 6.35%, the lowest in almost a year. Lower rates give buyers more purchasing power, but home prices are still historically high. How Mortgage Rates Affect Buyers Rate Effect on Buyers Notes 6.35% Better than earlier this year Still higher than pre-pandemic levels 5–5.5% “Magic number” … Read more
Texas land law and foreigners: A new Texas law, SB 17, stops people from certain countries from buying or leasing homes long-term in the state. Some students and renters are already challenging the law in court. Who Is Affected Group/Person Impact of SB 17 Notes Foreign students Can’t sign leases for 1 year or longer … Read more
Federal interest rate and Texas housing: On September 17, 2025, the Federal Reserve cut interest rates by 0.25%, bringing the new range to 4%–4.25%. But Texas realtors say this small drop may not make it easier to buy a home right now. Why the Rate Cut Might Not Help Realtor Advice Realtor Sara Hamway, an … Read more
San Antonio suburbs and home prices: If you’re looking to buy a house near San Antonio, the suburbs Boerne and Fair Oaks Ranch are seeing big price jumps! New shops, restaurants, and luxury apartments are fueling growth, making these areas more popular — and more expensive. How Much Are Homes Costing? Here’s a quick look … Read more
Elon Musk and Texas: Elon Musk is building a giant empire in Texas! From Tesla factories in Austin to SpaceX rocket launch sites in South Texas, Musk owns more than 500 properties covering 6,000 acres across the state. That’s like owning a small city! How Musk Buys Property in Texas Musk’s companies often buy land … Read more
Texans and home buying: If you want to buy a house in Texas in 2025, you might need nearly $100,000 a year! According to a Realtor.com report, the minimum income to afford a median-priced home in Texas is $99,000, while the average household income is about $75,780. That means most Texans need $23,000 more than … Read more
Yes, apartments can be a good first investment, but it depends on your goals, finances, and risk tolerance. Let’s break it down: Pros: Cons / Risks: Bottom Line: Apartments are often a solid first investment if you’re prepared financially and willing to learn about property management. They provide income potential and asset growth, but you … Read more
Owning an apartment can be profitable, but it depends on several factors. Let’s break it down clearly: 1. Income Potential 2. Costs to Consider 3. Appreciation 4. Tax Benefits 5. Profitability Example Let’s say you buy an apartment for $200,000 and rent it for $1,500/month: If the apartment appreciates 5% annually, that’s $10,000 in potential … Read more
Whether it’s better to buy an apartment or rent depends on your financial situation, lifestyle, and long-term goals. Let’s break it down: Buying an Apartment Pros: Cons: Renting an Apartment Pros: Cons: Decision Factors 💡 Rule of Thumb: Related Is an apartment a good investment property? is buying an apartment worth it Why rent an … Read more