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Category Archives: Real Estate

Housing Markets Less Affordable than Historic Norms

Housing Markets Less Affordable than Historic Norms

 RealtyTrac® http://www.realtytrac.com released housing data on this date indicating that 9% of housing markets are less affordable in Quarter 1 of 2016 as compared to historic normal levels. The data from RealtyTrac® indicates that median home prices as compared to average wage data have increased in 9% of the 456 counties analyzed, as compared to 2%… Continue Reading

Reaffirmation Agreements on Real Estate

Reaffirmation Agreements on Real Estate

By Mike Wallace, Bankruptcy Attorney, serving clients in all of East Texas, including Lufkin, Nacogdoches, Palestine and Jacksonville I have previously written about reaffirmation agreements on vehicles and the importance thereof, but in that discussion I did not address the issue of reaffirmation agreements on real estate.  First, with respect to home equity loans there… Continue Reading