Texas Real Estate
AUSTIN, Texas — A controversial bill, Senate Bill 17, is sparking heated debates in the Texas House. If passed, the bill would ban citizens, businesses, and government entities from China, Russia, Iran, and North Korea from buying property in Texas. The bill has already cleared the Senate, but it faces opposition from critics who say … Read more
A bill aimed at tackling Texas’ rising home prices and rents is back on the table after it was briefly blocked in the Texas House. Senate Bill 15 proposes allowing smaller homes to be built on smaller lots in Texas cities. This would make it cheaper for homebuilders to construct houses, lowering the final price … Read more
Mortgage rates went on a bit of a ride last week. First, a bond auction didn’t go so well, raising concerns about the U.S. government’s rising debt. But just as everyone started to worry about that, attention shifted to something new—tariffs! Mortgage Rates and Bonds: What’s the Connection? Mortgage rates depend a lot on bond … Read more
Kenneth W. Mattson, once a respected real estate investor in California, now faces serious federal charges after being accused of running a Ponzi scheme that defrauded hundreds of investors out of nearly $30 million over 15 years. A Ponzi scheme is like a trick where someone asks people for money to invest and promises to … Read more
Texas is quickly becoming the hotspot for the massive infrastructure needed to fuel the AI revolution. Due to affordable electricity, vast open land, and business-friendly policies, the Lone Star State is booming with new data centers powering AI’s rapid growth. At the center of this surge is Stargate, a $500 billion AI infrastructure joint venture … Read more
Mortgage rates dropped a bit today, but they’re still higher compared to earlier this week. This happens because the bond market closed 3 hours early for a holiday weekend, giving less time for rates to move during the day. Usually, mortgage rates change overnight as lenders respond to what’s happening in the market. Today’s news … Read more
Mortgage rates went up this week after the U.S. lost its top credit rating. This means it might cost more for people to borrow money to buy a house. The average interest rate for a 30-year home loan is now about 6.86%, a little higher than last week. A company called Moody’s said the U.S. … Read more
Trump is thinking about selling two big mortgage companies, Fannie Mae and Freddie Mac. These companies help people buy homes by making loans easier and cheaper. Trump says he’s seriously thinking about making them private again — meaning they wouldn’t be controlled by the government anymore. He said on his social media that Fannie and … Read more
The U.S. House of Representatives has passed a new tax bill called the One Big Beautiful Bill Act. It has some exciting changes that could save you money, especially if you’re in real estate or a homeowner. Let’s make it simple: What’s in the Bill? Why It Matters These changes are designed to help real … Read more
If you’re thinking about where to put your money, listen up—because Warren Buffett, the king of investing, has some advice. He says there are way more chances to make money in the stock market than in real estate. Here’s the scoop, broken down: What Happened? Earlier this month, at the Berkshire Hathaway meeting, someone asked … Read more