Crimora Real Estate News
Tuesday Mar 24 | via Reuters
A home for sale sign hangs in front of a house in Oakton, on the day the National Association of Realtors issues its Pending Home Sales for February report, in Virginia March 27, 2014. New U.S. single-family home sales surged in February to their highest level in seven years despite harsh winter weather, in a hopeful sign for the housing market. Comment?
Feb 1, 2015 | via The Virginian-Pilot
An analysis by The Associated Press shows that about one in five Virginia legislators has at least $50,000 in personal debt besides a mortgage. But for most of the debts the public currently has no way of knowing whether their elected officials are carrying a car loan or a mountain of credit card bills similar to what prosecutors suggested helped drive former Gov. Bob McDonnell into taking bribes from a smooth-talking vitamin salesman. Comment?
Feb 18, 2015 | via GlobeNewswire
The board of directors of C&F Financial Corporation has declared a regular cash dividend of 30 cents per common share, which is payable April 1, 2015 to shareholders of record on March 13, 2015. C&F Financial Corporation is the parent of C&F Bank, which was founded in 1927 in West Point, Virginia, and is one of the oldest independent community banking organizations headquartered in Virginia. Comment?
Feb 9, 2015 | via WTVR Richmond
Bank of Virginia and its parent company Cordia Bancorp have launched a new business unit to try to capitalize on what they see as an untapped sector of the college debt market. The venture is known as CordiaGrad, an online student debt refinancing operation that hopes to win a share of what CEO Jack Zoeller said amounts to $1.3 trillion in outstanding student loan debt in the U.S. Capturing even a fraction of that would mean another boost to the bank's bottom line and another step in Cordia's plan of distancing the bank from the doldrums of the downturn. Comment?
Feb 3, 2015 | via The Virginian-Pilot
Real estate agents are being alerted to a man who calls female agents to show him properties in remote places, at night or in areas the agents do not cover. The Virginia Association of Realtors says the man has called agents in southern and central Virginia. Comment?
4 min ago | via Insurance Journal West
Starting today, when flood insurance policyholders go to renew their policies, they could be quoted premium increases ranging from 15 to 18 percent on average if their home is their primary residence and up to 25 percent if it is a secondary home or a home that has suffered repetitive losses. They will also face new surcharges, $25 for primary homes and $250 for all others including secondary or multi-families. Comment?
4 min ago | via Mortgage News Daily
The volume of mortgage applications increased for both refinancing and purchasing during the week ended March 27. It was the second consecutive week that the Mortgage Bankers Association's Market Composite Index and each of its components advanced and did so convincingly. Lynn Fisher, MBA's Vice President of Research and Economics said, "There was a broad based increase in mortgage applications last week relative to the week prior. Comment?
8 min ago | via DNAInfo.com
If this winter is any indication, it may be more competitive than what's going on across the river in Manhattan. In the fanciest parts of Brooklyn - from Greenpoint and Williamsburg to Brooklyn Heights, Park Slope and Prospect Heights - the median sales price hit $972,000, spiking more than 15 percent since last year, according to a report released Wednesday from Ideal Properties Group , which focused on first quarter sales for North and Brownstown Brooklyn. Comment?
8 min ago | via Alabama Live
Sales: Morgan County residential sales totaled 94 units in February, an increase in sales growth of 22.1 percent or 17 units above the same period last year. This is the best market performance in February since 2007 when 114 units were closed. Comment?
8 min ago | via RTE.ie
Taoiseach Enda Kenny has said the banks should treat consumers with "a degree of understanding" and pass on interest rate reductions. Speaking on RT's Today with Sean O'Rourke, Mr Kenny said it is not for Government to set the interest rates. Comment?
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