Fletcher Real Estate News
Yesterday | via WKSU-FM Kent
The Takeaway is a national morning news program that invites listeners to be part of the American conversation. Hosts John Hockenberry and Celeste Headlee, along with partners The New York Times, BBC World Service, WNYC, Public Radio International and WGBH Boston, deliver news and analysis and help you prepare for the day ahead. Comment?
Friday Mar 27 | 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?
4 min ago | via Fox News
Apr. 01, 2015 - 1:27 - Tripping.com CEO Jen O'Neal says this is why the booking site for vacation rentals is different from the rest. Comment?
4 min ago | via Philly.com
A Bucks County real estate investor was arrested Wednesday on charges he bilked $600,000 from local banks through an elaborate mortgage fraud scheme, federal prosecutors said. Dean Rossi, 49, of Warrington, allegedly took out bank loan and claimed he used the money to satisfy mortgages on low-income properties he owned in Philadelphia. Comment?
5 min ago | via KCCI-TV Des Moines
Vacation home purchases made up 21 percent of all home sales last year at an estimated 1.13 million, the highest level since 2003 and a 57 percent increase from 2013, according to a report from the National Association of Realtors. The stock market's strong performance and gains in the labor market are creating more confidence among buyers, according to Lawrence Yun, NAR's chief economist. Comment?
8 min ago | via Business Wire
A detailed list of rating actions follows at the end of this press release. The affirmations of Freddie Mac 2012-K18 are based on the stable performance of the underlying collateral. Comment?
13 min ago | via Reuters
** Sears Holdings Corp said it would raise more than $2.5 billion by selling stores to a real estate investment trust it is setting up, in the latest move to shore up its finances. ** The Canada Pension Plan Investment Board and Hermes Infrastructure are to buy a 30 percent stake in Associated British Ports for about 1.6 billion pounds . Comment?
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