Mount Vernon Real Estate News
Tuesday | 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?
8 min ago | via Slugger O'Toole
Whilst everyone else is focused on the tribulations of Greece, I would heartily recommend that if you don't read anything else today, read this Reykjavik Letter from Peter Geoghegan in today's Irish Times: visions of Iceland as a Nordic Nirvana - burnt bondholders, jailed bankers, a crowd-sourced constitution - often clash with reality here. The Icelandic economy has recovered since the kreppa , the 2008 banking meltdown. Comment?
14 min ago | via Inman Real Estate News
What one question does the public want to ask real estate agents? It tends to be either macro - how's the market? - or micro - what's my house worth? The macro question can generally be answered with data, but the question of home valuation is a little tougher, partly because the homeowner generally has a price in mind. Any homeowner who has decided to sell has probably researched their home online and viewed a few AVMs , but for the homeowner, their price often has little to do with what a computer has said their home is worth - the value can feel more emotional than clinical. Comment?
23 min ago | via Thanh Nein News
Cranes operate at a residential construction site, center right, in Hanoi. Vietnam's economic recovery is a godsend for foreign businesses to expand their investment in the property market, experts say. Comment?
42 min ago | via Daily Mail
Couple pocketed A 66,000 in benefits scam by pretending to be landlord and tenant even though they had three children together A couple pocketed A 66,000 in a benefits scam by pretending to be landlord and tenant - despite having three children together. Sikander Rafiq, 34, and Samara Jabreen, 32, lied to Birmingham City Council about their relationship in a scam spanning an eight year period. Comment?
1 hr ago | via MarketWatch
If death and taxes are the two true givens in life, there probably should be a third: the bucketful of tax breaks Uncle Sam throws out every year to encourage more Americans to buy a home. From being able to write off virtually all mortgage interest, not only for your primary home, but for a second home as well - up to $1.1 million of debt in most cases, to being able to write off your property taxes, homeowners have opportunities for dozens more federal income tax deductions than renters. Comment?
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