AMCAP Mortgage - North Houston Branch Alerts Home Buyers to Upcoming Seasonal Bargains

Houston area home prices typically drop an average of 5% through the coming months, as a recent report corroborates, AMCAP Mortgage - NHB notes
 
The Texas Mortgage Pros
The Texas Mortgage Pros
SPRING, Texas - Oct. 10, 2016 - PRLog -- Summers in Houston might be hot, but that does not keep home buyers out of the market. In fact, a recent NerdWallet report found that home-buying demand in Houston typically peaks from June through September, with average prices falling thereafter. This means the best months for home buyers are fast approaching, and the North Houston Branch of AMCAP Mortgage is ready to help. With online resources that provide everything buyers will need to know about FHA loans in Texas and other topics, AMCAP Mortgage can help home shoppers save even more as they take advantage of the upcoming bargains.

"The real estate industry is well known for being cyclical, with relatively long periods of price appreciation inevitably giving way to slower times," said AMCAP Mortgage – North Houston representative Gerry Nicodemus. "What is less obvious to many is that home prices tend to move with annual cycles, as well. We're just now leaving behind what is usually the most expensive part of the year for home buyers. With prices set to drop an average of 5% throughout the region before they bottom out for the year, now is a great time for buyers to come up to speed with FHA loan requirements and other important subjects. We've got a terrific collection of resources online at our website, and we're always happy to answer any questions that might arise."

In a recent study, online finance site NerdWallet delved into real estate pricing over the past two years for the 50 largest metropolitan areas in the country. The authors of the report found that home pricing varied significantly with the seasons, producing an overall national average swing of around 3% between summer peaks and midwinter lows.

The Houston region stood out even more in this respect. With home prices for 2014 and 2015 peaking in June and remaining high through the summer, according to data obtained from Realtor.com, Houston-area buyers could expect to save an average of over $10,000, or around 5%, if they waited until late fall or winter to sign.

As one of the region's most active home financing specialists, the North Houston Branch of AMCAP Mortgage regularly helps buyers take advantage of such savings. Working closely with each client to find the financing that will best suit their needs, AMCAP Mortgage consistently produces the kinds of results that help families make the most of their resources. With the season for the most attractive home-buying opportunities fast approaching, the AMCAP Mortgage – North Houston website hosts a wide range of informative resources about FHA loans and other important topics.

About AMCAP Mortgage – North Houston:
As a "Full Eagle" FHA-approved lender, AMCAP Mortgage – North Houston helps home buyers throughout the region easily achieve their goals.

For more information, please visit http://texasfha.org.

Contact
Gerry Nicodemus
NMLS # 286371
***@myamcap.com
(281) 860-2533

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Industry:Mortgage, Real Estate
Location:Spring - Texas - United States
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