Rico Real Estate News
Oct 7, 2014 | via Roll Call
America's sunniest place, Puerto Rico, faces dark days, and the likelihood is rising that Washington will be asked to step in. While the rest of the United States recovers economically, the commonwealth's economy remains stuck in a decade-long recession. Comment?
Tuesday | via Denver Post
Renee Zentz, with the Housing and Building Association of Colorado Springs, holds a sign up during a news conference at the Capitol last month. A House committee killed Senate Bill 177, which addressed condo construction defects, on a 6-5 vote. Comment?
Monday May 4 | via This Week Community News
Peter Niswander, chairman of the CAC's election committee, announced the unofficial results after in-person voting took place at the Whetstone branch of the Columbus Metropolitan Library. In District 4, where incumbent Daniel B. Miller did not seek another term, real-estate agent Judy Minister outpolled Graydon Spanner, whose current field is commercial risk management. Comment?
Thursday Apr 30 | via CBS Local
The increase in home sales and home values is now affecting property taxes across Colorado. Those values help determine a homeowners' taxes, which are likely to go up in the years ahead. Comment?
Monday Apr 27 | via Business Journal
Colorado Attorney General Cynthia Coffman said Monday that more than 20,000 checks have been mailed to homeowners who she said were charged false and inflated foreclosure fees by law firm Aronowitz & Mecklenburg LLP. Coffman contracted with a third-party administrator to send out the payments, totaling more than $7.7 million. Comment?
Saturday Apr 25 | via Denver Post
Carpenter Manuel Rubio of Van Dyk Construction works on a new home in the Reunion community of Commerce City in February. While real estate is hot in some areas of Colorado, it has cooled in others. Comment?
5 min ago | via Seeking Alpha
As many of you know by now I have been worried about mREITs reporting this season, as I outlined in this article . I covered the rough earnings report of American Capital Agency and began to see a pattern emerge of narrowing spreads, reduced book values and severe pressure on both net and core income. Comment?
6 min ago | via The Truth About Mortgage
While foreclosures might sound like old news, there are still a ton of borrowers either behind on mortgage payments or in the process of foreclosure . And it doesn't appear as if the type of loan they took out was the problem. Comment?
9 min ago | via Sun Journal
The New Bern Housing Authority recently received letters from Housing and Urban Development and Rental Assistance Demonstration, or RAD, saying there are problems with the developer's plans for the renovation and demolition of the property. Funding has been put on hold and the developer, Evergreen Partners, which is working for the master developer The Cities Group, or TCG, may have to find another lending institution. Comment?
13 min ago | via Bloomberg
National Australia Bank Ltd. said it plans to raise A$5.5 billion in the country's biggest ever rights issue, as the lender boosts capital ahead of regulatory changes and an exit from its U.K. business. The lender will offer 194 million new shares, equal to about 8 percent of issued capital, at A$28.50 each, a 19 percent discount to Wednesday's closing price. Comment?
21 min ago | via Madison Park Times
One early spring morning in March, I sat down at my desk with a big mug of coffee, ready to begin my day. I logged onto the Northwest Multiple Listing Service website, ready to begin analyzing the latest market activity data. Comment?
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