Normalville Real Estate News
Apr 8, 2015 | 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?
Apr 8, 2015 | 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?
11 hrs ago | via National Review Online
A sprawling brick house in Oklahoma City's historic Highland Park neighborhood, it was built in 1924, just a year after Mary's birth. Decades later, one of Vessels' great-grandchildren fondly recalls the wood and tile floors, the fish pond, the butler's quarters, and the multi-car garage where children played house. Comment?
Monday May 18 | via Philly.com
More sales but lower prices characterized the suburban real estate market in 2015's first quarter, as the Philadelphia region continued to extricate itself from the housing downturn. An analysis by economist Kevin Gillen of data provided by Berkshire Hathaway Home Services Fox & Roach Realtors showed that the typical suburban house sold fell in value by 1.8 percent in the first quarter compared with the fourth quarter. Comment?
Friday May 22 | via PennLive.com
In photo from left to right are Barbara Schmidt, senior vice president and general manager of Coldwell Banker Residential Brokerage in Central Pennsylvania; Ann Marie Haggerty, an office manager at Coldwell Banker Residential Brokerage; Quentin Miller, president of Coldwell Banker Residential Brokerage in Central Pennsylvania and Ryan Hess, vice president of Coldwell Banker Residential Brokerage in Central Pennsylvania. Less than a mile separated two real estate offices on Linglestown Road in Lower Paxton Twp. Comment?
Monday May 4 | via TaxVox
Will cuts to a state's top income tax rate boost growth? Not necessarily. In a new TPC paper , Bill Gale, Aaron Krupkin, and Kim Rueben find little evidence linking state-level economic growth and taxes, especially income tax policy. Comment?
Apr 25, 2015 | via WICU12 Erie
Sales have jumped more than 30 percent compared to this time last year, according to Howard Hanna realtors of Erie. Nearly 800 new homes were sold in the Erie area among five major brokers during the first quarter of 2015. Comment?
4 min ago | via Housing Wire
HousingWire met up with Redfin's chief economist, Nela Richardson, and discussed a host of critical housing and mortgage finance issues. In a series of short video responses to HousingWire questions, Richardson was blunt and candid, sharing strong positions on GSE reform, housing policy, what's holding back first-time buyers, and what keeps her up at night about housing. Comment?
4 min ago | via Housing Wire
The Royal Bank of Scotland Group could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities, according to an article in Bloomberg. RBS may be closer to JPMorgan Chase & Co.' Comment?
5 min ago | via The Real Deal
Commercial real estate brokerages like to disclose a lot of things: their biggest deals, their newest hires and photos from their posh events. One thing they always stay mum about is the wages they pay their employees. Comment?
7 min ago | via Denver Post
Alyssa McMahon, right, with the Allen Company, talks with Cody Cessna, left, 21, about opportunities at her company during the Youth Job Fair in Broomfield in February. Colorado employers added 4,200 jobs in April, keeping the state's unemployment rate steady at 4.2 percent, the Colorado Department of Labor and Employment reported Wednesday. Comment?
12 min ago | via Housing Wire
The approximately $200 million in mortgage loans that Associated Bank is required to provide to borrowers in minority neighborhoods as part of a settlement with the U.S. Department of Housing and Urban Development over charges of discriminatory lending makes it the largest settlement of its kind, HUD said Wednesday. HUD issued a statement Wednesday, after HousingWire and other publications reported Associated Bank's settlement, which the bank disclosed in a filing with the Securities and Exchange Commission . Comment?
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