Banking on Lower Tax Rates

Now that big banks have finished reporting fourth-quarter earnings filled with noise from the new tax law, how much do they expect to actually pay in taxes going forward? A lot less than in the past. That is just what markets were hoping to hear. In response, investors have kept already buoyant big-bank
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“While the Austin area continues to break records, the pace at which annual home sales and prices are increasing in Central Texas is beginning to normalize, indicating a more stable market,” Steve Crorey, 2018 president of Austin Board of Realtors, said in a statement. “Affordability in Austin and the
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9.) Co-living: Real estate is the industry disrupted by this trend. Co-living communities see people sharing spaces and mutual facilities “to save money and inspire collaborative ideas, or provide comfortable, more acceptable living conditions.” It's a trend that is more evident in markets with progressive
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The tech giant just announced that it will pay $38 billion to the U.S. Treasury in taxes brought home from overseas—and “create” some 20,000 new jobs. It pledged to invest $350 billion in the U.S. over the next five years and give employees $2,500 in restricted stock units. That's all spin. What Apple
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A central Pennsylvania banking company says that its employee bonuses and raises and additional economic initiatives are an effect of federal tax reform and pending regulatory relief for community banks. Kish Bancorp, which is headquartered in Belleville and has four locations in Centre County,
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CKW Financial Group lifted its holdings in International Business Machines by 0.3% in the 2nd quarter. CKW Financial Group now owns 941 shares of the technology company's stock worth $146,000 after buying an additional 3 shares in the last quarter. Milestone Group Inc. lifted its holdings in
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Helping Hands begins lending a hand. Hide caption. Steven Campbell, loads the desserts and breads on a cart. Project Guardian Angels twice a month feed the homeless at Father Bill's & MainSpring, in Brockton, on Sunday, Dec. 27, 2015.The meal was stuffed pork loin with rice and desserts.
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A bump up in home sale prices in greater Hartford at the end of the year was not enough to lift prices for 2017, compared with the previous year, a new report Thursday shows. For 2017, the median sale price of a single-family house slipped about a half percent, to $220,000, compared with $221,000 for
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From PDG, LLC to N. Bray, 618 Pebblestone Court, Statesville, $130,500, on Jan. 9. » From JIC Investments, LLC to CSH Real Estate, LLC, 0.133 acre, 1714 Wedgedale Ave., Statesville, $50,000, on Jan. 10. » From JIC Investments, LLC to CSH Real Estate, LLC, metes and bounds, 141 S. Lackey St.,
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The National Association of Realtors® has announced that Lance Dammeyer of Brentwood, a loan originator with First Community Mortgage, has become a “Sterling R Major” investor in the Realtors® Political Action Committee. According to the announcement, RPAC is a national bipartisan
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Foreclosure filings were reported on 676,535 properties nationwide in 2017, marking the lowest level of foreclosure activity since 2005, according to Attom Data Solutions. Foreclosure activity dropped 27% from 933,045 properties with filings in 2016 and 76% from its 2010 peak of almost 2.9 million
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Greenville-based United Community Bank Inc., the holding company for United Community Bank, announced on Jan. 8 it agreed to purchase NLFC Holdings Corp. for $130 million. NLFC is the parent company of Florida-based Navitas, a specialty lender founded in 2008 that provides equipment finance
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Empty bottles for prescription drugs are seen at the Clay-Battelle Community Health Center's pharmacy March 21, 2017 in Blacksville, West Virginia. BRENDAN SMIALOWSKI/AFP/Getty Images. By Sy Mukherjee. 1:17 PM EST. Drug makers have largely ignored the public firestorm surrounding high drug
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Cambridge has long held the accolade of being one of the country's most desirable places to live, prompting rapidly rising property prices over the past decade. Yet data published this week shows that it has been eclipsed by Edinburgh as the strongest performing housing market in the UK. At a time
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The scammer then spoofs an email to the buyer, often pretending to be an agent, title company, etc., directing them on where to wire their down payment. For those unfortunate buyers who follow through, they are out their down payment with little chance of ever getting it back. “We believe the way to stop
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon received $29.5 million in total compensation for his work in 2017, an increase of 5.4 percent from a year earlier. Dimon's pay included $23 million of restricted stock tied to performance, a $5 million cash bonus and $1.5 million salary, the New
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“We've all seen the headlines, including those from our very own HousingWire, that Fannie Mae is preparing to launch a new program in the construction lending space,” NEXT Mortgage Events Co-founder Molly Dowdy said as she introduced the panel. Back in November, Fannie Mae announced that it
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Cheap housing isn't explicitly on Seattle-based Amazon.com Inc.'s list of preferences for the $5 billion project, which includes populations of at least a million, a business-friendly environment and urban or suburban areas with the potential to attract and retain tech talent. But in its request for proposals,
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Emmanuel Macron, France's president, center, and with Theresa May, U.K. prime minister, right, inspect an honour guard following a U.K.-France summit meeting at the military academy in Sandhurst, U.K., on Jan. 18. Photographer: Andy Rain/EPA via Getty Images. French President Emmanuel Macron
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The median house price rose almost 4 percent, reaching $196,900. The association said the number of days homes sat on the market fell from 72 days in 2016 to 54 days in 2017 in the metro area, which encompasses Bernalillo, Valenica, Sandoval, Torrance and parts of Socorro and Santa Fe counties.
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