CoreLogic: Home Prices Shoot Up Again

CoreLogic: Home Prices Shoot Up Again

During January, single-family home prices were up for the sixth consecutive month with a 6.6 percent year-over-year gain year over year; prices were also up by 0.5 percent from December to January. Four states recorded double-digit year-over-year home price spikes: Washington (12.1 percent),
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A Mixed February for Gold ETF Assets

“Asian and European funds have reversed their 2017 trends,” said the WGC. … has outperformed alternative and traditional assets, such as developed market stocks, hedge funds, developed markets debt, global real estate investments and the broader commodities complex, according to WGC data.
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Fortune Brainstorm Design 2018 Coverage Guide

The three-day event was held at The Mandarin Oriental Singapore from March 6 to 8, 2018 and convened the most powerful Fortune 500 executives and the world's most talented designers. Brainstorm Design is, of course, the latest addition to Fortune's long-running Brainstorm conference series.
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More Than One-Third of US Cities are 'Overvalued'

After U.S. home prices increased 6.6% in the year to January, housing values in 34% of the U.S.'s 100 largest metropolitan areas are now considered overvalued, according to a report Tuesday by global property analysts CoreLogic. The report defines an overvalued housing market as one in which
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International Paper Co (NYSE:IP) Holdings Cut by Meyer Handelman Co.

Iridian Asset Management LLC CT grew its holdings in shares of International Paper by 20.4% during the third quarter. Iridian Asset Management LLC CT now owns 6,432,080 shares of the basic materials company's stock valued at $365,471,000 after purchasing an additional 1,090,030 shares during
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Heard on the Street: Real estate office undergoes extreme makeover

A Rochester real estate office, Edina Realty, is getting its own extreme makeover to update the facilities. Crews have been working on Edina's office complex at 1301 Salem Road SW for a few weeks. Edina Managing Broker Dean Mack says this is an extensive, stripped-down-to-studs project in the
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The Fine Print: What's in the Senate Financial-Regulation Bill

Lenders with less than $10 billion in assets would be exempt from Dodd-Frank's mortgage-underwriting standard, so long as they hold the loans rather than sell them to Wall Street. • Banks that originate fewer than 500 mortgages annually wouldn't have to report racial and income data on their mortgage
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Specialty Sectors: From Gold To Infrastructure & Real Estate

Weaker dollars, higher inflation rates, and rising debt levels have all positively impacted gold in the past – something that's expected to continue into the future. Real asset equities should provide attractive income in this environment as corporate earnings grow, allowing for dividend increases.
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Commercial loan delinquencies stay down

Loans held by Fannie Mae saw an eight basis point increase in the 60-day delinquency rate, to 0.11 percent. The 60-day delinquency rate of loans held by life insurance companies and Freddie Mac stood at 0.03 percent and 0.02 percent, respectively. Tweet. Terms of Use | Privacy Policy Send to: From:
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Payday lenders, watchdog agency exhibit cozier relationship

NEW YORK — The former CEO of a payday lending company that had been under investigation by the Consumer Financial Protection Bureau has asked to be considered for the top job at the watchdog agency, The Associated Press has learned. Such a request would have been extraordinary in the
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Lenders One celebrates several milestones

A national alliance of independent mortgage brokers has reached its highest number of new members in its 18-year history. But Lenders One has not just passed one milestone, it's achieved several including the launch of a range of new products and services for its members. The alliance added 31 new
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Lewis Ranieri Joins SolomonEdwards' Board

PHILADELPHIA–(BUSINESS WIRE)–SolomonEdwards, a leading professional services firm providing exceptional people for complex situations, … a source of funds for housing and commercial real estate, established Salomon's leadership position in the mortgage-backed securities area, and also led
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For Immediate Release Midland States Bank Announces New Market Presidents for Rockford and …

EFFINGHAM, ILLINOIS – March 6, 2018– Midland States Bank is pleased to announce the promotion of Pat Morrow and Don Banks to Market Presidents serving the Rockford and. Belvidere markets, respectively. Morrow and Banks are members of the Midland States Bank Community Banking
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Hyperlocal Approach to Real Estate

Zavvie, a Colorado tech startup billing itself as the nation's first hyperlocal marketing platform, released the results of a new survey of 350 real estate professionals. Some 95 percent of those surveyed said local market knowledge is either “very important” or “extremely important” to their consumer clients.
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Anworth Mortgage Asset (NYSE:ANH) versus Outfront Media (OUT) Critical Review

Anworth Mortgage Asset (NYSE: ANH) and Outfront Media (NYSE:OUT) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, profitability, institutional ownership, risk and valuation.
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Realtor.com adds Michelle Meyers as vice president of customer success

Meyers most recently served as the northern California general manager for Synergy Global Housing, which provides relocation and temporary housing services in over 55 countries around the world. Michelle Meyers. Earlier in her career, Meyers served as chief operating officer of medical device
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Banking bill advances in US Senate, highlights Democratic divide

Many moderate Democrats — including several up for re-election in red states — support the proposed changes to Dodd-Frank, a law enacted in 2010, arguing the tough rules ended up hurting smaller banks. But many progressive Democrats strongly oppose easing regulations for the banks, warning
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Hunt Mortgage Group Adds New Director

Hunt Mortgage Group has added Kevin Deegan as director of the firm's affordable housing/FHA group. He will primarily focus on originating and closing affordable and FHA multifamily loans nationwide, but he will also work with clients using Hunt Mortgage Group's balance sheet products and agency
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Amazon Eyeballs Potential Checking Account Service

In the not-too-distant future, mortgage borrowers may be making home loan payments via a checking account run by an e-commerce titan. According to a Financial Times report, Amazon is holding discussions with JPMorgan Chase for a potential partnership that would enable the Seattle-based
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Toronto home sales plummet 35 per cent from a year ago as new mortgage rules bite

Prices tumbled too, with the average sales price for all housing types falling 12.4 per cent to $767,818. TREB said the declines had been expected due to market-cooling measures brought in by the Ontario government last April and tougher new mortgage rules introduced in January. The board had also
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