Prairie Grove Real Estate News
Real Estate news for Prairie Grove, AR continually updated from thousands of sources.
Monday Feb 16 | via The City Wire
Home prices gleaned by sellers in Benton and Washington counties continued to rise in January. Median sale prices increased 13.7% and 6.7%, respectively among the two counties when compared to the same month in 2014, according to Paul Bynum, analyst with MountData.com There were 436 homes sold in the two counties last month, with an accumulated volume of $81.298 million. Comment?
Tuesday Feb 10 | via Arkansas Online
FAYETTEVILLE -- Washington County could owe the state up to $1 million in foreclosure filing fees, the county treasurer said Tuesday. Comment?
Jan 28, 2015 | via The City Wire
With Arkansas' housing market on the mend in recent years, homeowners may be tempted to take out a home equity loan and banks and other financial institutions are likely eager to capture that business. But the equity gains are not across the board in Arkansas. Comment?
Jan 15, 2015 | via The City Wire
Agents in Benton and Washington counties sold 7,314 homes last year, pushing the cumulative volume to $1.392 billion and marking the region's best performance since 2006, according to Paul Bynum, analyst with MountData.com. The nearly $1.4 billion in volume was up almost 6% from the prior year, and down about 10% from 2005, the record year for Northwest Arkansas, Bynum said. Comment?
Dec 16, 2014 | via The City Wire
Consumers in Arkansas report having less existing mortgage debt and higher overall savings rates than their neighbors in Missouri and Oklahoma, according to the third phase of the Arvest Bank's Consumer Sentiment Survey completed for the fall of 2014. Home ownership numbers decreased in the recent survey which was completed in October. Comment?
18 hrs ago | via Log Cabin Democrat
House Bill 1053, which would have added language to require circuit clerks to record and report all mortgage assignments and releases, failed to pass in the Senate Committee on Insurance and Commerce last week. The added language would have applied to Arkansas Code 18-40-101, essentially creating easier mortgage tracking at the local level. Comment?
Friday Feb 6 | via Log Cabin Democrat
A bill being drafted by the Arkansas Circuit Clerks Association that would require counties to record and report all mortgage assignments and mortgage releases is getting some backlash. Jonathan Greer, general counsel for the Association of Arkansas Counties has been working with the Arkansas Circuit Clerks Association to draft House Bill 1053 and get it filed. Comment?
Monday Feb 2 | via ArkansasBusiness.com
Clarissa McWherter, Chris Murphy and Russell Harris have joined Entergy Arkansas in Little Rock as members of the economic development team. Comment?
Wednesday Feb 4 | via Indiana Law Blog
Yesterday Attorney General Zoeller announced that Indiana is part of a multistate, $1.3 billion S&P settlement, via a news release that begins: Indiana, the U.S. Department of Justice, 18 other states and the District of Columbia reached a settlement agreement with Standard & Poor's Financial Services LLC resolving allegations that S&P misled investors when it rated structured finance securities in the lead-up to the 2008 financial crisis. The settlement requires S&P to pay $1.375 billion, which will be split among the states and the Department of Justice. Comment?
Tuesday Feb 3 | via NWAonline
Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis, the Justice Department announced Tuesday. The settlement with the U.S. government, 19 states and the District of Columbia covers ratings issued from 2004 through 2007. Comment?
2 min ago | via Ottawa Business Journal
Credit monitoring agency Equifax says consumer debt, including mortgage debt, rose to $1.529 trillion at the end of 2014. That was up 7.7 per cent from $1.42 trillion at the end of 2013, including a 1.1 per cent increase in the latest quarter. Comment?
3 min ago | via Religion News Service
NEW YORK Our Lady of Vilnius Church, built by families of immigrant Lithuanian longshoremen, started out a century ago as a beloved worship space. Now, it's a coveted real estate asset. Comment?
5 min ago | via The Times-Picayune
New Orleans is auctioning off 3,000 tax-adjudicated properties in a first-of-its-kind online sale. The properties will be listed on Civic Source starting Friday, March 6, at noon. Comment?
5 min ago | via NOLA.com
News of an auction to sell 3,000 New Orleans properties at potentially rock bottom prices lit up the Internet last week, as would-be speculators and hopeful homeowners eyed a way to access the city's booming real estate market on the cheap. Real estate insiders, though, say buyers must read the fine print before they sign any deal involving a tax-adjudicated property. Comment?
6 min ago | via JD Supra
Alleged deceptive marketing by a mortgage lender to veterans was at the heart of the Consumer Financial Protection Bureau's latest enforcement action. NewDay Financial, LLC, "profited from the trust that veterans place in their veteran service organization," Bureau director Richard Cordray said in a statement. Comment?
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