Clyde Real Estate News
Friday | via Housing Wire
Earlier this week RealtyTrac reported that wage growth has fallen behind home price growth by a ratio of 13:1 in three out of every four markets in the United States surveyed. Now comes a report from the Federal Reserve Bank of Cleveland that, perhaps counter-intuitively, wages grew faster during the recession, and became stagnant in the "recovery." Comment?
Wednesday Mar 18 | via Toledo Blade
Last year in Lucas County, nearly 1 in 3 home buyers made down payments of 3 percent or less, according to a new study of home buying in 386 counties nationwide by real estate data firm RealtyTrac. Considering that Lucas County's median home price was $76,075 at the end of December, a down payment of 3 percent equated just $2,282. Comment?
Tuesday Mar 10 | via Credit.com
Foreclosure activity in the U.S. declined 9.39% from February 2014 to February 2015, with one in every 1,295 housing units in some stage of foreclosure last month. That's the lowest the national foreclosure rate has been since July 2006, according to RealtyTrac's monthly report on the foreclosure market. 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?
Friday Mar 13 | via WTOV9
A new report that suggests draining a central Ohio lake to prevent a potentially catastrophic dam failure has area homeowners worried about plunging property values. A U.S. Army Corps of Engineers report released Wednesday says the 180-year-old dam at Buckeye Lake, about 30 miles east of Columbus, should be replaced immediately. Comment?
9 min ago | via GuruFocus.com
D.R. Horton recently released strong results for the first quarter, beating consensus estimates. The company posted an impressive improvement in both the top and bottom lines. Comment?
20 min ago | via The Miami Herald
He was just 23 when he and his father Pedro, then a partner at the Miami law firm Greenberg Traurig, founded the real estate firm Terra in 2001. "David and I had been toying with the idea of starting our own company since he was an undergraduate," said Pedro Martin, Terra's CEO. Comment?
23 min ago | via Worcester Telegram & Gazette
Sheila Aelman, a senior financial analyst for Simonds International in Fitchburg, volunteers to provide financial education for women. Occupation : Senior financial analyst Age : 41 Home : Lives in Fitchburg; grew up in Caribou, Maine Family : Married to Esequiel Aleman Jr., children Victoria Aleman, 17, and Esequiel Nathaniel Aleman, 15 Sheila Aleman is a senior financial analyst for Simonds International in Fitchburg by day, and co-owner of All That Events wedding disc jockey and event services on nights and weekends. Comment?
37 min ago | via Seeking Alpha
NLY, along with most mREIT peers, had a stable dividend per share rate during the first quarter of 2015 . NLY continued to have yield percentages modestly below the agency mREIT average thus generally lowering the risk of dividend reductions going into the second quarter of 2015. Comment?
58 min ago | via Arirang TV
The Korean government is pumping an additional 18 billion U.S. dollars into a new program that allows mortgage borrowers to switch to low, fixed-rate loans as part of efforts to tackle the country's snowballing household debt. The Financial Services Commission says the second phase of the program will prioritize borrowers in the low-income bracket, after the first loans were snapped up in matter of four days last week. Comment?
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