Andalusia Real Estate News
Real Estate news for Andalusia, AL continually updated from thousands of sources.
Yesterday | via Bloomberg
Senator Elizabeth Warren, a Democrat from Massachusetts, questions Janet Yellen, chair of the U.S. Federal Reserve, right, during a Senate Banking Committee hearing in Washington, D.C. Photographer: Andrew Harrer/Bloomberg -- Federal Reserve Chair Janet Yellen, countering criticism from members of Congress, said the central bank is trying to avoid being too cozy with the Wall Street firms it supervises and wants to ensure that regulators aren't afraid to confront the financial industry. "The risk of regulatory capture is something the Federal Reserve takes very seriously and works very hard to prevent," Yellen said in remarks prepared for a speech in New York on Tuesday night. Comment?
Saturday Feb 28 | via Alabama Live
Enjoy the WiRE compliments of the ACRE Corporate Cabinet. Click link in article to see the corporations that are building Alabama's real estate multimedia network. Comment?
Tuesday Feb 24 | via Alabama Live
Sales: According to the Greater Alabama MLS , the Birmingham metro area* residential sales totaled 736 units in January, an improvement of 15.9 percent or 101 units from the same period last year. Forecast: January sales results were 4.2 percent or 32 units below of our monthly forecast . Comment?
Friday Feb 20 | via Alabama Live
Alabama residential sales during the fourth quarter continued to gradually improve, up 7.5 percent compared to the same period a year earlier. The fourth quarter represents the best performing quarter in 2014 and an improvement over the 3.3 percent growth experienced in the third quarter. Comment?
Tuesday Feb 17 | via Switched
Since 1993, the university's Rural Studio design workshop has allowed students to ditch the comforts of campus and head to the state's Black Belt region -- where poverty is high and jobs are scarce -- to create innovative and affordable housing projects. As City Lab reported, the program's 20K House initiative has figured out how to build an entire home for $20,000, benefiting both the region's poorest residents and community-oriented organizations alike. Comment?
6 min ago | via Pressat
The UK's leading financial capability charity today warns that more than 1.75m mortgaged households have never experienced a rise in the Bank of England base rate, putting them at risk of a financial shock when rates increase. According to The Money Charity's analysis, there have been 1,762,400 first-time buyers since July 2007, the last time the Bank of England increased the base rate - more than four times the number of households in Birmingham. Comment?
9 min ago | via This Is Money
The Bank of England has kept interest rates on hold at 0.5 per cent today, marking the longest period of unchanged interest rates since the Second World War. Minutes to be published later this month are likely to reveal that the nine-strong monetary policy committee has voted unanimously to leave the cost of borrowing on hold as inflation continues to fall and is expected to turn negative into the coming months. Comment?
8 min ago | via Seeking Alpha
The company has succeeded in building one of the best US online real estate portals, but it's a middleman lacking pricing power. I'd strongly caution long-term investors to keep away from Zillow; it's a $20 stock selling for $110. Comment?
10 min ago | via Business Journal
It's more affordable to own a home in Cincinnati than in most other major cities across the nation, according to a new ranking from Next City. Comment?
13 min ago | via NJ.com
Downsizing to a home with lower property taxes, insurance, utilities and more may be a more affordable way to live in New Jersey in retirement. New Jersey is one of the most expensive states in which to live. Comment?
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