Hollister Real Estate News

Real Estate news for Hollister, OK continually updated from thousands of sources.

Regional Headlines

National Headlines

  • Big-city home prices still below bubble-era peaks

    5 min ago | via MarketWatch 

    For those worried that home prices have gotten too high, consider this: In many major cities, prices are still below bubble peaks. In 18 of 20 major U.S. cities, home prices in July were between 3% and 42% below the bubble peaks that were hit in the local markets, according to the S&P/Case-Shiller gauges released Tuesday.

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    Related Topix: Housing

  • Realtor confidence on home price growth slips, but s...

    5 min ago | via Housing Wire 

    Members of the National Association of Realtors expect home prices to increase modestly in the next 12 months, with the median expected price increase at 3.5%, according to data gathered from the August 2014 Realtor Confidence Index Survey . This tracks closely, but more modestly, with estimates from Capital Economics , which told HousingWire Monday that it expects annualized growth to slow to 4% in the coming year, and estimates from Lawrence Yun, chief economist for the National Association of Realtors, who expects 4-5% home price growth.

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    Related Topix: Real Estate, Housing, Washington DC

  • Bank of America finds buyer for Countrywide subprime...

    6 min ago | via Housing Wire 

    Bank of America is set to break the logjam of legacy mortgage servicing rights transfers when it transfers the MSRs of 2,291 subprime loans that were originated by Countrywide Financial to Select Portfolio Servicing in November. The legacy MSR market has been frozen by the New York Department of Financial Services , after the NYDFS, led by Superintendent Benjamin Lawsky, put a $2.7 billion MSR deal between Ocwen and Wells Fargo on an indefinite hold.

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    Related Topix: Banking, Bank of America, Financial Services, Home, Mortgage, Mortgage, Personal Finance, Wells Fargo

  • News Corp will buy Move for $950 million

    40 min ago | via Housing Wire 

    Rupert Murdoch's News Corp has agreed to purchase Move , which operates Realtor.com for the National Association of Realtors , for $950 million in cash. Under the terms of the acquisition agreement, which was announced on Tuesday, News Corp will acquire all of Move's outstanding shares for $21 per share.

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    Related Topix: Rupert Murdoch, Real Estate

  • Asset-backed securities: Back from disgrace

    1 hr ago | via Financial Times 

    When Ian Bell visited the European Commission in the dark days after the global financial crisis to lobby for "high-quality" asset-backed securities, the veteran financial analyst was given short shrift. The packages of loans that were sliced and diced and sold off to investors had become one of the symbols of the type of financial engineering that brought on the worst economic crisis since the Great Depression.

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    Related Topix: Home, Mortgage, Mortgage, Personal Finance

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