Olathe Real Estate News
Real Estate news for Olathe, KS continually updated from thousands of sources.
Wednesday Nov 5 | via The Capital-Journal
A report showed Kansas had one of the highest rates of vacant foreclosures in the country, but that says more about the small number of foreclosures than about problems in the housing market. RealtyTrac compared the number and percentage of homes in the foreclosure process that have been abandoned by their residents in the 50 states and some metropolitan areas. Comment?
Monday Nov 3 | via Customer Interaction Solutions
National Health Investors announced today its NHI - Bickford Senior Living joint venture acquired a 101-unit assisted living and memory care community in Middleton, Ohio for $18.1 million. The transaction consists of $8.55 million in cash and the assumption of $9.55 million HUD-secured debt with an interest rate of 2.9% inclusive of the mortgage insurance premium. Comment?
Jun 4, 2014 | via The Pitch
Kansas City, Missouri, grabbed no shortage of headlines over the last month for the various sales-tax hikes and renewals facing its residents this year. Comment?
Jun 5, 2014 | via Prairie Village Post
Pitch examines possible tax increase in wake of state cuts . The Pitch's Steve Vockrodt has a good piece on the Fast Pitch blog examining why Johnson County officials are proposing a small mill levy increase for the 2015 year. Comment?
May 31, 2014 | via The Kansas City Star
A change in state law that will eliminate a fee on mortgage registrations paid to counties will crimp Johnson County's budget. Comment?
Monday Nov 17 | via Mortgage News Daily
This week I will spend time in California, Colorado, and Kansas, and expect to hear from many folks about the state of the industry. Unlike Japan, which is now officially in another recession , there are plenty of companies who have confidence that their balance sheet is better than everyone else's, but plenty of smart people are out there wondering what those balance sheets are going to look like after the 4th and 1st quarters coming up - especially if those companies have not been adding production units or making existing units more efficient. Comment?
Friday Nov 7 | via Insurance Journal West
A company says a report that Kansas has one of the highest rates of vacant foreclosures in the country reflects the small number of foreclosures in the state, not problems in the housing market. RealtyTrac says Kansas has the third-highest rate of vacancies, with 31 percent of homes in the foreclosure process abandoned. Comment?
Tuesday Nov 4 | via The Wichita Eagle
The race was a rematch of the 2012 race in House District 88 in southeast Wichita, when Sloop ousted Scapa from office. "I'm very humbled by the results," said Scapa, 40, a real estate agent who described himself as a "commonsense conservative." Comment?
Oct 16, 2014 | via Kansas City InfoZine
A Florida company will pay more than $21,000 in fines and penalties for violating the Kansas Consumer Protection Act and the Kansas Credit Services Organization Act. Topeka, KS - infoZine - Cypress Law Group Inc, doing business as The Cypress Law Group, P.L. of Fort Lauderdale, Florida, agreed to a consent judgment ordering them to pay $21,500 in investigative fees and civil penalties. Comment?
Sep 25, 2014 | via Daily Kos
U.S. Sen. Pat Roberts put a signature to documents associated with the mortgage on a Virginia residence that identify the Fairfax County home as "principal residence" of the three-term incumbent Republican. The re-election campaign of the Kansan has been awash in controversy about whether his ownership of a duplex in Dodge City, which is rented out, and his payment of about $300 a month for a room in a Dodge City supporter's home satisfied legal requirements for public office. Comment?
6 min ago | via The Oregonian
A final judgment against Bank of America Corp. in a mortgage-bond lawsuit by the U.S. Securities and Exchange Commission was signed by a federal judge, helping clear the way for the lender to complete a $16.7 billion global settlement of claims it misled investors about risk. The judgment signed Tuesday by U.S. District Judge Max O. Cogburn Jr. in Charlotte, N.C., bars Bank of America from using deceit or fraud to sell securities. Comment?
17 min ago | via Boston.com
Bay State home prices bounced back in October after seeing a two-year win streak stop cold in September. The state's median home price rose 1.6 percent last month to $325,000, compared to the year before, the Massachusetts Association of Realtors reports. Comment?
1 hr ago | via Seattle Times
Average U.S. long-term mortgage rates ticked down for the third straight week, a positive trend for potential homebuyers. Mortgage company Freddie Mac says the nationwide average for a 30-year mortgage declined to 3.97 percent this week from 3.99 percent last week. Comment?
8 min ago | via Business Journal
From left to right: incoming GAAR president Paul Wilson, immediate past president Julie Greenwood and current president John Kynor at the National Association of Realtors conference in New Orleans this month. John Kynor is in the final weeks of a one-year stint as the president of the Greater Albuquerque Association of Realtors . Comment?
12 min ago | via Washington Examiner
Many of the nation's most solid and self-sufficient citizens spend a large share of the earnings the government allows them to keep paying down their own mortgages, maintaining their own households and sending their own children to school. What can we tell about the priorities of the people who run our current federal government by looking at the federal budget? Well, in fiscal 2014, according to the U.S. Treasury, the federal government spent $12.068 billion on Customs and Border Protection and $82.548 billion on food stamps. Comment?
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