Sissy Lappin

Let's keep our focus on Houston to explain why real estate is local and not national.

Texas is flat and Texans should be thankful it is!! I have always said the homes that have the least amount of appreciation are the homes that are further out. Why? Well because you will always be competing with the next new subdivision and people will always drive 5 more minutes down the interstate to get ...

Before going into the two reasons why real estate is local and not national, we should probably review what caused certain areas of the country like California to suffer much faster and more than others.

Lets say you bought your home in 2002 in San Diego for $500,000. Fast Forward to 2007 and that home is now worth $700,000. You walk into your friendly bank and get a home equity loan a.k.a. ...