Desoto Real Estate News
Tuesday May 19 | via The Pitch
Did a downtown Kansas City developer concoct a ruse in front of a city agency en route to tapping public funds for his project? That's what we wondered after reading a curious story in the Kansas City Business Journal about the development of the Commerce Tower at 9th and Main. The story, which was posted on May 13, described how Commerce Tower Group Inc. appeared before the Tax Increment Financing Commission of Kansas City to request additional subsidies to give Commerce Tower a makeover . Comment?
Monday May 11 | via Missourian
Each week, the Missourian highlights a government record that is available to the public. For a complete list of Show Me the Records, go to http://columbiamissourian.com/records . Comment?
Wednesday May 6 | via Mortgage News Daily
I received this note from a veteran LO in a western state. "I was talking with a top-producing Realtor on broker tour this week. Comment?
Monday May 4 | via Inman News
Although a majority of distressed homeowners are plagued by mortgages that far exceed the actual value of their homes, the number of homeowners with underwater mortgages is shrinking, according to Black Knight Financial Services' latest Mortgage Monitor Report. The mortgage industry technology and data analytics provider said that 77 percent of borrowers in foreclosure have underwater mortgages, and about a third of borrowers in active foreclosure have current loan-to-value ratios of 150 or more, meaning they owe 50 percent more than their homes are actually worth. Comment?
Apr 3, 2015 | via Business Journal
Three St. Louis mortgage lenders ranked in the top 10 in Missouri for total loan originations in 2013, led by USA Mortgage/DAS Acquisition Co. Comment?
4 min ago | via Inman Real Estate News
In my ongoing quest to buy a home this year, I have had many interesting and eye-opening experiences about the same industry that I thought I already knew so well. I mean, I spent the past decade of my life specializing in it. Comment?
10 min ago | via Zillow Blog
Although Montgomery has a neighborhood they like, it would cost more to live there than on base - even after they factor in their "Basic Allowance for Housing." Landlords are often other military families who know precisely how much the local BAH is for various ranks and will charge that amount for rent, Rachel said. Comment?
12 min ago | via Vail Daily News
I have a mature friend who has made a lot of money just investing in real estate over many years. He told me that real estate was tangible and simple to understand, so he just invested in what he felt he knew. Comment?
12 min ago | via McClatchy
Addressing the Providence Chamber of Commerce in Rhode Island, Yellen made it clear that 2015 is not going to be a sizzling year for the U.S. economy as many had hoped. Citing inflation that's too low and headwinds from housing, international trade and anemic business investment, she expected that "growth in employment and output will be moderate over the remainder of the year and beyond." Comment?
1 hr ago | via CBC News
Royal Bank says customers will not have to pay fees for paying down their mortgage or loans. Consumers had criticized the proposed fees as "pay to pay" charges. Comment?
Copyright © 2015 Topix LLC