Home buying market so brutal, some home buyers make offer sight unseen

“For home buyers, this is shaping up to be one of the most difficult years in recent memory,” says Ralph McLaughlin, chief economist of Veritas Urbis Economics, which studies the housing market. For sellers, it will be a standout spring that brings big profits, unless those sellers themselves are looking to
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Last year's single-family residential real estate sales in the Washington region reveal a diverse housing market. Prices escalated and sales boomed in sought-after areas but were flat or down in others. Using data from Black Knight, a national real estate data analytics company, we have mapped the
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Mr Mott said that the UBS “base case” was for a modest fall in home lending, with house prices stalling or falling 3 per cent this year and next as a result. “A credit tightening scenario would likely see larger and sustained price falls,” he said. In a “credit crunch” scenario, the Reserve Bank might even cut
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The Washington-area housing market enjoyed a solid year in 2017. Prices continued to climb, but the increases were more modest than dramatic. Sales were mostly up but constrained by low supply. “2017 was an interesting year for the D.C. regional housing market,” Terry L. Clower, director of the
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WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on HTH, NSM, OCN, and SC which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com follows the Mortgage Investment space, which
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Wells Fargo has announced the promotion of Perry Hilzendeger as the new head of home lending retail, a newly created role. Currently executive vice president and head of home lending servicing, Hilzendeger will assume her new role effective April 16. He will report to Michael DeVito, who was
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People who didn't get subsidies this year are paying an average premium of $522 a month on the federally run markets. Altogether, about 11.8 million people signed up for ACA plans for 2018, down from 12.2 million in 2017, the report showed. Before it's here, it's on the Bloomberg Terminal.
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The Association of Independent Mortgage Experts, a recently formed organization, has announced its new senior vice president of legislative and government affairs and added a compliance and regulatory advisory council. John L. Councilman, a mortgage industry veteran and former president of the
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We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct? We welcome your comments
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Alibaba Group logo Bainco International Investors grew its position in shares of Alibaba Group (NYSE:BABA) by 325.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,303 shares of the specialty retailer's stock after
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NORFOLK, Va. (WVEC) — As Norfolk City Council considers its 2019 fiscal year budget, Norfolk City manager Doug Smith is proposing a tax increase. Smith recommended a 10-cent real estate tax increase in his presentation to City Council, Tuesday afternoon. “Our big problems are real,” said Smith.
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In scenes reminiscent of hacking drama Mr Robot, Commonwealth Bank's customers have had their credit histories seemingly wiped out this morning. Credit card balances disappeared both from the major bank's smartphone app and its online banking facility, NetBank, around 8am according to Aussie
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A new investment mortgage that allows buyers to pay back the interest alone for 15 years is of “serious concern”, Michael McGrath has said. Fianna Fáil's finance spokesman urged the state's financial watchdog to examine the offer from ICS Mortgages. The company has begun offering loans to
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The housing market is hotter than the surface of the sun. It's heating up nationwide and in the Greater Birmingham area. Local realtors are tell ABC 33/40 houses can be listed in the morning and sold by the afternoon. They tell me it's buy now for less…or pay more later. A lack of inventory and higher
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I no longer have that old Remington, having traded it for something else and buying a new Colt Commander version of the 1911 in .45 ACP caliber. … Finally in 1996, the International Defensive Pistol Association (IDPA) was formed, and anyone with a stock, out-of-the-box service pistol could use it to
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… sold for the American Dream mall project, the shopping and entertainment center that's years behind schedule, according to data compiled by Bloomberg. … Still, investors should have room to buy if Illinois yields rise further, relative to top-rated debt, especially since it doesn't seem like the news will
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Ishares MSCI India ETF logo Bainco International Investors grew its holdings in shares of Ishares MSCI India ETF (BATS:INDA) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,470 shares of
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Investors Title (NASDAQ:ITIC) last released its quarterly earnings data on Wednesday, February 7th. The insurance provider reported $2.26 earnings per share for the quarter. Investors Title had a net margin of 15.90% and a return on equity of 12.06%. The company had revenue of $40.58 million for the
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While the interest rate you pay on your mortgage is low, the debt is large and it lasts a long time. Extending the debt or repaying it for longer can cost a lot of money over the lifetime of your mortgage. However, if you are struggling to get on top of debts like credit cards, unsecured loans and store credit
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The expected fallout of reverse mortgage loan volume following program changes implemented on October 2, 2017 is beginning to emerge in terms of real numbers, according to data released Tuesday by industry data and analytics firm Reverse Market Insight (RMI). With an endorsement decline of
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