In some ways, 2017 was the year of the consumer. The year began with high hopes for business borrowing, as the new presidential administration promised to pump up the economy with tax reform and a health care overhaul. As the year wore on, bankers had to adjust their expectations, and those of
See Original Article
The best performing regions in Melbourne were the leafy inner east, with 11 per cent annual growth over five years, and the south east at 10.9 per cent, suggesting the upper end of Melbourne's market has seen the fastest price rises. In Brisbane, the fastest growing region was the city's south which rose
See Original Article
National Australia Bank says it will halt all lending for new thermal coal mining projects, becoming the first major Australian bank to phase out support of thermal coal mining. While the bank will continue providing finance for coal projects already on its books, NAB said an orderly transition to a
See Original Article
Sonoma County's fire-ravaged housing market last month posted the most sales for November in 13 years, even as the median price rose slightly to a new record high. Amid a decreased supply of houses, buyers last month purchased 456 single-family homes, according to The Press Democrat's monthly
See Original Article
austin real estate trends 2018 If you're like us, you like to end each year with a quick look at the 2018 Austin area real estate trends. Every year, PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI) releases a report on the investment outlook for the real estate and land use industry. Now in
See Original Article
âBanks and mortgage companies are looking at vendors who are proficient in this space of automation, innovation, and outsourcing versus trying to build processes, and technology in-house,â said John Vella, Chief Revenue Officer, Altisource. âThen, you have other firms that have invested in innovation
See Original Article
Janus Henderson Group PLC increased its position in shares of Edison International by 2,522.5% during the 2nd quarter. Janus Henderson Group PLC now owns 1,234,840 shares of the utilities provider's stock worth $96,552,000 after purchasing an additional 1,187,754 shares in the last quarter.
See Original Article
Investors Title Company (ITIC) traded on unusually high volume on Dec. 13, as the stock lost 1.82% to close at $184.10. On the day, Investors Title Company saw 4,876 shares trade hands on 80 trades. Considering that the stock averages only a daily volume of 1,995 shares a day over the last month,
See Original Article
The average rate on a 30-year fixed-rate mortgage rose one basis point, the average 15-year fixed-rate climbed three basis points and the average rate on the 5/1 ARM fell one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders Wednesday. The 30-year
See Original Article
Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 8. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.3
See Original Article
New inquiries from potential homebuyers are falling, instructions to sell are deteriorating, agreed sales have dropped and prices are flat, according to the UK's estate agents in a gloomy assessment of the housing market. The Royal Institution of Chartered Surveyors (RICS) said that a monthly survey of
See Original Article
A Melbourne real estate agency has been fined $880,000 for underquoting and ordered to put up public notices about its misleading and deceptive conduct. The Federal Court on Thursday fined Fletcher & Parker (Balwyn) Pty Ltd $40,000 for each of the 22 properties that its Canterbury and Blackburn
See Original Article
The story of real estate sales in Brooklyn lately has been about big Manhattan firms storming the borough and recruiting hundreds of agents. This is the opposite story, about a young couple who bailed out of corporate life and created a new generation of mom-and-pop shop. This summer Zenon and
See Original Article
Iredell real estate transactions: Dec. 3-9. From staff … From Alms Properties, LLC to K. Sams, metes and bounds, 0.129 acre, 425 W. Moore Ave., Mooresville, $160,000, on Dec. 4. … From L. Roseman to The Entrust Group, Inc., Lot 18 Mooreland Estates, 164 Elysian Dr., Mooresville, $492,000, on Dec. 6.
See Original Article
“Walter, your family has been chosen to win the mortgage payments for 6-months. We appreciate all you do for the community â and all you've done for your family â and your family is amazing,â said Bill Altman with Premier Group. Walter and his family of five arrived at an office complex believing this
See Original Article
Real Estate Property Types. Focused primarily in Massachusetts and California, our commercial real estate specialists know the markets in which they operate and have successfully arranged financing for projects including an $8 million apartment complex, a nearly 80,000 square-foot Class A office
See Original Article
Currently, the 14-day ADX for DJ US Real Estate Ishares (IYR) is sitting at 14.81. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to
See Original Article
A new report, Real Trends: The Future of Real Estate in the United States, points to an exciting era of advanced multifamily housing, a renaissance in once-abandoned urban cores, and untapped opportunities for construction companies, real estate investors, and urban planners. The report is a study of
See Original Article
âWith this optimistic outlook, driven in part by the spur in demand expected from the tax cuts, it is surprising that the Fed still expects just three rate hikes next year,â said Michael Fratantoni, chief economist with the Mortgage Bankers Association. âWe think they are likely to revise up this guidance early
See Original Article
At least that is the case if you believe the Republicans and their claimed effects for their proposed tax reform bills. One of their proposals is to reduce the deductibility of mortgage interest. Until this year, interest on housing costs up to $1 million was tax deductible. On Nov. 2, this was reduced to $500,000.
See Original Article