Silver Spring Real Estate News
Sunday Mar 8 | via The Atlantic
Over 40 million American households now rent their homes and apartments, as homeownership has declined in the shadow of the foreclosure crisis and the global financial recession. Renting certainly offers perks. Comment?
Wednesday Mar 4 | via National Journal
A federal government program is trying to turn our nation of low-income renters into future homeowners by helping them build up savings accounts. Over 40 million American households now rent their homes and apartments, as homeownership has declined in the shadow of the foreclosure crisis and the global financial recession. Comment?
Feb 12, 2015 | via The Washington Post
Bill Kane bought his house in Bethesda's Ashburton neighborhood in 1959, paying $28,000 for the brand-new brick split-level built by Aldon Properties. He found himself part of "a huge enclave of Catholics" drawn to nearby Saint Jane Frances de Chantal Church and School on Old Georgetown Road, and he and his wife raised nine children in the home. Comment?
Jan 13, 2015 | via CRM Buyer
Instead of shopping around, many consumers just rely upon information provided by lenders or mortgage brokers -- "the exact people who have a vested interest in limiting the amount of information available to consumers," noted David Cadden, professor emeritus at Quinnipiac University. "This new tool will provide consumers with a competitive advantage." Comment?
Jan 5, 2015 | via CRM Buyer
For consumers who have no access to bank lines of credit, an unexpected expense can be devastating. In some cases, a fast payday advance can represent financial salvation. Comment?
Wednesday | via The Washington Post
These sales data, recorded by the Maryland Department of Assessments and Taxation, were provided by Black Knight Financial Services. For information about other residential real estate transactions, visit www.washingtonpost.com/homesales . Comment?
Wednesday Feb 25 | via Business Journal
The Maryland Bankers Association's bankers day has a record number of attendees Wednesday as issues like foreclosures continue to be big in the industry. Comment?
Feb 18, 2015 | via KLFY-TV Lafayette
President Obama will address a "White House Summit on Countering Violent Extremism" today, part of a three-day series of meetings to discuss ways of preventing the radicalization and recruitment of those who might be drawn to terrorist violence. The White House announced the event on Jan. 11, four days after the terror attack in Paris on the offices of the "Charlie Hebdo" satirical newspaper. Comment?
Feb 14, 2015 | via The Maryland Gazette
Real estate is such a large part of gross domestic product, or GDP, that some believe significant changes in the housing market can affect the trajectory of our economy as a whole. Case in point would be the Great Recession, where deflating the housing bubble nearly collapsed the entire financial system. Comment?
Feb 2, 2015 | via Business Wire
The waste disposal fee paid by the county is net of the authority's share of any revenues from the operations of the project. Additional security is derived from a cash-funded debt service reserve fund equal to $7.7 million. Comment?
4 min ago | via North Shore News
Iceland by Nicolas Billon at Presentation House Theatre until March 29. 8 p.m. evenings, 2 p.m. matinA es. Box Office: 604-990-3474. Comment?
1 hr ago | via Daily Mail
House prices grew at their slowest pace for seven months in March, although they are still 5.1 per cent higher than a year ago, new figures suggest. The average price now stands at A 189,454, which is still an average gain of A 1,490 in just one month, the latest figures from Nationwide Building Society show. Comment?
16 min ago | via Business Journal
Those in the market for buying a home have some good news. U.S.mortgage rates took a dip this week, according to Freddie Mac . Comment?
26 min ago | via Falmouth Packet
At A 189,454 on average in March, UK property values are 5.1% higher than a year ago. The annual pace of house price growth has been slowing for seven months in a row, and has reached less than half the rate of growth seen for much of last summer, when the year-on-year increase was in double digits. Comment?
28 min ago | via Seeking Alpha
Though the market remains distressed, there continue to be some rays of positivity. Playing off of the pop in new home sales, there looks to be a turnaround in the volume of mortgage applications on a weekly basis. Comment?
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