Boston Real Estate News
Sunday | via Palladium-Item
Oct 31, 2014 | via MLive.com
A Detroit businessman and real estate investor who made a down payment on a $3,183,500 "blight bundle" in the Wayne County tax foreclosure auction has several of his own tax debts, The Detroit News reports. Herb Strather, who runs a real estate school called Strather Academy, has reportedly paid 10 percent of the more than $3 million needed to buy 6,350 vacant lots and abandoned homes. Comment?
Sunday Mar 22 | via Journal Gazette
Housing advocates say an Indiana law that has helped thousands of residents avoid foreclosure could be gutted under a bill lawmakers are considering. Comment?
Wednesday Mar 18 | via Indianapolis Business News
Central Indiana home transactions were on the rise for the third straight month in February, a positive sign for the residential real estate industry after a disappointing year in 2014. Comment?
Tuesday Mar 17 | via Daily Herald
The Indiana Bureau of Motor Vehicles could soon issue photo-less state identification cards under a proposal that an Indiana Senate committee passed Tuesday. The Homeland Security and Transportation Committee voted 8-0 to approve the measure, which would allow a religious exemption to Indiana's photo requirement on state IDs. Comment?
Sunday Mar 15 | via The Indianapolis Star
Are you paying too much in property taxes? An incorrect assessment on your home's value could impact how much you pay. Check out this story on IndyStar.com: http://indy.st/1MCd1Hq Property assessments, which are key to calculating tax bills, can change year to year. Comment?
Friday Mar 13 | via The Indianapolis Star
Bill could strip struggling Hoosiers of rights to save homes Senate Bill 415, as it is written now, could remove required settlement conferences with lenders. Check out this story on IndyStar.com: http://indy.st/1GALe69 When Mark Keefe, 64, Indianapolis, ran into financial trouble and became delinquent on his mortgage payments, he used the mortgage settlement conference program allowed under Indiana law to help him keep his Southside house. Comment?
2 min ago | via Seeking Alpha
Economic improvement, development of a freer lending environment, burgeoning demand and shortening supplies all bode well for real estate in 2015 and 2016. Pending Home Sales were reported Monday morning for the month of February. Comment?
3 min ago | via Blown Mortgage Blog
Applying for a mortgage means providing every aspect of your financial life to the lender. Your income will be scrutinized in multiple ways, requiring a large amount of paperwork from you and verification of the information from third parties. Comment?
6 min ago | via Seeking Alpha
Real Estate Investment Trusts Tally as of 3/27/15: 1. Yield: WMC tops @18.43% 2. Price upside: JMI tops @37.47% 3. Net gain: JMI tops @53.89%. Four conclusions: 1. Top 30 yields range from 4.27% to 18.43% 2. Analysts see 30 gain 14.33% 3. Top 10 showed 11.83% to 37.47% upsides. Comment?
6 min ago | via KIMA
U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers. The Standard & Poor's/Case-Shiller 20-city home price index rose 4.6 percent in January compared with 12 months earlier, S&P said Tuesday. Comment?
6 min ago | via Boston Herald
More than 13,000 Detroit-area property owners have entered into payment plans hoping to avoid losing their homes to tax foreclosure, but another 16,000 living in their homes have yet to take advantage of the offer ahead of Tuesday's deadline. Hundreds of applicants sat in a hotel ballroom waiting for the chance to plead their cases before Wayne County Treasury workers. Comment?
Copyright © 2015 Topix LLC