Brushie Prairie Real Estate News
Real Estate news for Brushie Prairie, TX continually updated from thousands of sources.
6 hrs ago | via Salt Lake Tribune
Loraine Sundquist refused to move out of her Draper home after she defaulted on a loan and was then foreclosed on in May of 2011 by the financial giant Bank of America. The bank subsequently sold the house to the Federal National Mortgage Association and Fannie Mae, as it is known, went to court that year to evict her. Comment?
Aug 22, 2011 | via American Reporter
I am a believer in dreams, and when I had a waking dream a few days after the S&P downgrade of our national debt of President Obama packing his bags and leaving the White House, I was saddened for him and for my country. But the great thing about dreams, if they are truly predictive, is that they give you time to change the future, and I'm going to try doing that with this advice. Comment?
Thursday | via Dallas Morning News
Toyota's decision to move its North American headquarters to Plano exemplified a real estate boom that also includes soaring home values and surging construction. Unlike the fraud-fueled 1980s boom, this one is built on strong population and job growth. Comment?
Thursday | via Dallas Morning News
In a recent report, analysts at Fitch Ratings said Texas homes are the most overpriced in the country, and falling oil prices could send them tumbling. According to Fitch, Texas abodes are 11 percent overvalued, thanks to homes in D-FW, Houston, San Antonio and Austin rising at a 20 percent-plus pace since 2011. Comment?
Wednesday Dec 24 | via The Arizona Republic
Phoenix area homes have Texas-sized overvaluation, study days Phoenix-area homes are among the nation's most overpriced, according to a report by Fitch Ratings. Check out this story on azcentral.com: http://azc.cc/16Rg275 Homes in the Phoenix metro area are 16 percent overvalued, estimates credit-researcher Fitch Ratings in a report that offers an unusually somber view of the Valley's housing market. Comment?
32 min ago | via News Max
Just as subprime mortgage loans helped precipitate the 2008 financial crisis, will the current boom in subprime auto loans precipitate another blowout? Perhaps not, but one troublesome element of the current boom concerns auto title loans, in which the borrower gives the lender title to their car as collateral. The loans, which can carry interest rates up to 500 percent, are blowing holes in the personal balance sheets of middle-class and poor people who are borrowing, forcing them into heavy debt and often leading them to lose their cars, The New York Times reports. Comment?
34 min ago | via KCCI-TV Des Moines
What they will find are much more favorable conditions than they have seen in years, including lower down payment mortgages, looser lending standards and a bigger selection of homes to choose from. But in early December, Fannie Mae and Freddie Mac put new lending guidelines in place and started offering 3% down payment mortgages that will make it easier for more first-time buyers to qualify for a mortgage. Comment?
51 min ago | via The Orlando Sentinel
Q: I retired at 58 and took my teachers' pension fund, a small VA pension and both our Social Security earnings, allowing us a monthly income of near $5,000, of which we save $1,000. We have a mortgage, no credit card debt and normal household and auto expenses. Comment?
2 hrs ago | via PeoriaTimes-Observer
The suburbs have had it rough in the last few years. The 2008-2009 economic collapse led to waves of foreclosures in suburbia, as home prices plummeted. Comment?
2 hrs ago | via Statesboro Herald
Older Americans are shifting the demographics of the labor force. According to the 2014 study A a A"Work in Retirement: Myths and MotivationsA a A by Merrill Lynch and research firm Age Wave, more than seven of 10 people approaching retirement said they want to work past average retirement age of 64, as of 2010. Comment?
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