Riddle Real Estate News
Thursday Mar 5 | via The Columbian
With the deep freeze that has inundated the eastern half of the United States contributing to the drop, prices for logs and lumber processed on the West Coast have dipped over the last couple of months. "There was a quick uptick in the market in late 2014, and that had a lot of people in the industry anticipating a good start to the new year," said Shawn Church, editor of Random Lengths, a Eugene-based publication that tracks the log and lumber businesses. Comment?
Yesterday | via OregonLive.com
It's getting harder and harder for the average wage-earner to consider buying a house in the Portland area. It's getting harder for the average Portland-area resident to buy a house -- more than three times harder over the last two years, a new study has found. Comment?
Wednesday | via Canadian Business Magazine
Looking for a ray of hope in Canada's beaten-down commodity industries? Take a gander at forest company stocks. This sector has been almost counter-cyclical to the much larger energy and mining sectors for more than a decade. Comment?
Friday Mar 20 | via Beach Connection
Still looking for an idea on where to stay on the Oregon coast for spring break? There is a dizzying array of options, but not everyone has openings right now. Or perhaps you just don't know where to look. Comment?
Friday Mar 20 | via The Oregonian
Homeowners are often stuck when they owe more than they can sell their homes for. Foreclosures and short sales helped reduce the number of underwater mortgages and the housing market has begun improving. Comment?
Wednesday Feb 25 | via Business Journal
A San Francisco mortgage refinancing company likes what it sees in Oregon enough to make the Beaver State its third market. Lenda , a web-based platform that allows homeowners to complete a mortgage refinance completely online, is expanding from California and Washington into Oregon. Comment?
4 min ago | via News Max
There is no bear market signal yet for the U.S. housing market, despite grumbling from some quarters about a slowdown in the sector, according to noted stock market technician Tom McClellan . The result is favorable for keeping stocks buoyant in the near term, he notes. Comment?
7 min ago | via Business Journal
Freddie Mac's report shows long-term borrowing costs continue to move back toward record lows, with mortgage rates falling for the second consecutive week. Freddie Mac says the average rate on a 30-year, fixed-rate mortgage fell to 3.69 percent in the week ending March 26, down from 3.78 percent last week. Comment?
7 min ago | via Business Journal
Marcus & Millichap Capital Corp., a commercial real estate investment services firm with offices throughout North America, has hired two new senior directors for its Kansas City office. The new directors, Thomas Cohen and John Schorgl , were previously with Johnson Capital, an Overland Park-based commercial mortgage banking firm where Cohen was a principal and Schorgl was a vice president. Comment?
7 min ago | via Housing Wire
Florida sent out claim forms to eligible borrowers to receive their share of the National SunTrust Settlement , which allotted more than $6.5 million just for the state. The office of Attorney General Pam Bondi found more than 8,000 eligible Floridians, whose mortgages were serviced by SunTrust and lost their homes to foreclosure between Jan. 1, 2008 and Dec. 31, 2013, are eligible for a refund. Comment?
3 hrs ago | via Channelnewsasia.com
Bonds based on high-quality loans should benefit from lower capital requirements to kick-start the market in Europe, the Bank of England and European Central Bank said on Friday. LONDON: Bonds based on high-quality loans should benefit from lower capital requirements to kick-start the market in Europe, the Bank of England and European Central Bank said on Friday. Comment?
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