Broaddus Real Estate News
Friday Mar 27 | via Chron
White holds a Bachelor of Science in architectural engineering from The University of Texas , Austin, and prior to obtaining her real estate licenses, she worked for an engineering firm as a project manager. "I love the construction aspect of homes, plus the floor plans and possibilities. Comment?
Thursday Mar 26 | via Business Journal
There's nothing like foreclosure rates to put a few things into perspective. After a series of reports highlighting low inventory, higher asking prices and an increasing number of homes sold, Zillow released its Negative Equity Report last week that found San Antonio has the highest percentage - 12.3 percent - of "underwater" homes in Texas. Comment?
Wednesday Mar 25 | via Inman Real Estate News
HAR.com, the popular consumer-facing real estate search portal operated by the Houston Association of Realtors, has officially relaunched with listings from throughout the state of Texas. Last year HAR announced that it had become the first multiple listing service to join syndicator ListHub's Real Estate Network as a publisher. Comment?
Tuesday Mar 24 | via Seeking Alpha
This confirmation of home builders strong year-to-date sales reports is a very encouraging sign especially given Texas appears to continue to perform well. "Sales of new single-family houses in February 2015 were at a seasonally adjusted annual rate of 539,000This is 7.8 percent above the revised January rate of 500,000 and is 24.8 percent above the February 2014 estimate of 432,000." Comment?
Tuesday Mar 24 | via Dallas Morning News
While residential prices have shot higher in North Texas in recent years, Dallas-Fort Worth homes are still more affordable than the U.S. average, according to a new report by Realtor.com The Internet real estate marketing operation compared median home prices and annual income levels in more than a dozen major U.S. markets. In the D-FW area, it takes just under 26 percent of median income to afford a mid-priced house, Realtor.com found. Comment?
6 min ago | via Sun Journal
The parent company of Camden National Bank has reached an agreement to purchase The Bank of Maine, a move that would give Camden 68 branches and a greater presence in Southern Maine. In disclosures filed with the U.S. Securities and Exchange Administration, Camden reported the merger would give the bank 10.6 percent of deposits in the state, surpassing Bangor Savings parent Bangor Bancorp. Comment?
8 min ago | via Monterey County Herald
Encouraging economic data on housing and consumer spending helped drive U.S. stocks sharply higher in midday trading Monday. Energy stocks were among the biggest gainers, bucking a slide in the price of crude oil. Comment?
8 min ago | via Seeking Alpha
Both issuers and investors are being robbed of billions of dollars each year by the illiquidity of the $3.6 trillion municipal bond market. This is not the fault of the people who cover the space . Comment?
9 min ago | via Seeking Alpha
The U.S. real estate market has been sluggish in recent history, but the latest numbers hint that the sector may enjoy a stronger run of growth in the spring. The supporting evidence is still thin, although the sales trend has clearly improved in February, particularly for purchases of newly built single family homes. Comment?
25 min ago | via Castanet.net
Two former federal agents have been charged with stealing digital currency during their investigation into an online black market that allowed users to buy and sell drugs and other illegal items. Carl M. Force of Baltimore was a special agent with the Drug Enforcement Administration and Shaun W. Bridges of Laurel, Maryland, was a special agent with the U.S. Secret Service on a task force that investigated the Silk Road marketplace. Comment?
Copyright © 2015 Topix LLC