Normalville Real Estate News
Wednesday Apr 8 | via Housing Wire
Monthly house payment on a median-priced home is more affordable than the monthly fair market rent on a three-bedroom property in 76% of the U.S. counties included in the analysis, according to the latest report from RealtyTrac . The report also ranked the markets with the best - and worst - potential returns on residential rental properties from a real estate investor perspective along with the most affordable - and least affordable - markets for renting from a renter perspective. Comment?
Wednesday Apr 8 | via Natl. Relocation & Real Estate
In 76 percent of the U.S. counties, the monthly house payment on a median-priced home is more affordable than the monthly fair market rent on a three-bedroom property, according to a recent RealtyTracA analysis. The RealtyTracA Residential Rental Property Analysis for properties purchased in the first quarter of 2015 also ranked residential rental properties from a real estate investor perspective along with the most affordable-and least affordable-markets for renting from a renter perspective. Comment?
Mar 21, 2015 | via WFMJ-TV Youngstown
The attorney representing the Ice Zone says an agreement is in place that should keep the skating venue in operation. Bill Weimer tells 21 News that owners of the Ice Zone have reached a two year agreement with PNC Bank to pay off a $2.8 million dollar debt. Comment?
Jan 20, 2015 | via WKYT
The year 2014 was a big year for residential real estate sales in Fayette County with 4,527 sales totaling $918,154,765. "We have a great employee base, our unemployment is on a downward cycle; I believe it's the lowest since it's been since about 2007," LBAR President Larry Freels said. Comment?
Yesterday | via Mortgage News Daily
Filling key positions in our industry is not an easy task sometimes, but as one banking vet I know likes to say, "give me someone with a little bit of smarts, and a little bit of drive, and I'll hand them back a career." Of course, she doesn't live in New York, and maybe hasn't read Business Insider's Companies Can't Find Employees Who Can Hold a Conversation or Show up on Time. Comment?
Thursday | via Mortgage News Daily
Home prices nationally are now within 3 percent of the peak they reached in March 2007. The Federal Housing Finance Agency released its purchase only Home Price Index for February showing that home prices increased 0.7 percent on a seasonally adjusted basis compared to January and were 5.4 percent higher than in February 2014. Comment?
Monday Apr 20 | via China Daily
Michael Spence, a Nobel laureate and the William R. Berkley Professor in Economics and Business at New York University, told a conference in New York on April 17 that he expects China's GDP growth to average 6 to 7 percent annually. China's real estate market is so big that it can affect the global economy, and the country's regional and local government bond market play a major role in the national economy, said participants at a conference on China's property market. Comment?
Monday Apr 13 | via The News Item
A backlash over a controversial Indiana law is spurring new resolve among supporters of legislation to ban discrimination based on sexual orientation or gender identity in this state. Bills to include members of the lesbian, gay, bi-sexual and transgender community under Pennsylvania's anti-discrimination law have been in the legislative hopper for nearly a decade but seen little movement. Comment?
Thursday Apr 9 | via Mortgage News Daily
According to the U.S. Census Bureau, the national mover rate has remained stable since 2008. In 1948, about 1 in 5 people moved over a one-year period, that number is now 1 in 9. Between 2013 and 2014, suburbs experienced a gain of 2.2 million movers, whereas cities experienced a loss of 1.7 million people - despite all the chatter about the urban revolution. Comment?
9 hrs ago | via NEWS.com.au
THE boss of Bank of Queensland's biggest branch has been branded "a cowboy'' by a judge after taking a wheelchair-bound man's specially adapted home as security for a business loan. Justice Jean Dalton took aim at Declan Carnes, co-owner/manager of the BoQ North Ward franchise in Townsville, during a trial in the Supreme Court at Brisbane last month. Comment?
17 min ago | via WCBM-AM Pikesville
Who are these Obama voters? They can't all have head injuries, have been in a coma for the past 4 years, or own stock in an electric car battery company. Besides having "stupid" stamped on their forehead, here's a handy guide identifying these clueless creatures. Comment?
23 min ago | via Chattanoogan.com
Around 200 homes are expected to be open this weekend. In years past, the National Association of Realtors organized this event, but the date always fell in May. In the Chattanooga area, May tends to be a time when everyone is finishing the school year and getting ready for summer. Comment?
1 hr ago | via Daytona Beach News-Journal Online
The Hilton Daytona Beach Oceanfront Resort, the Volusia-Flagler area's largest hotel, will soon be up for sale again. With business at the hotel better than ever, LNR Property, a Miami-based servicer on behalf of the current owners, wants to test the market. Comment?
1 hr ago | via This Is Money
First-time buyers are being told to get themselves financially organised if they want to secure a mortgage this spring. Thousands of potential buyers have been frozen out of the mortgage market by controversial 'affordability tests' introduced exactly 12 months ago by City regulator the Financial Conduct Authority. Comment?
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