How expensive is the housing market?

How expensive is the housing market?

When asked 'how expensive' a housing market is, most people will refer to the median price or median value of properties in the market. The median price is a perfectly valid and meaningful way to get a quick feel for the pricing of a typical house or unit in a given region, however the median doesn't give
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Banking heir builds $3 million Formula One racetrack in Upstate NY (photos)

What would you do with a multi-million dollar fortune? Banking heir Alan Wilzig used his to build a $3 million racetrack in his backyard. Wilzig, 52, is unveiling a 1.15-mile-long, lobster-claw-shaped, bidirectional Formula One track on his Upstate New York estate in in the Hudson Valley town of Taghkanic
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Bitcoin Is Getting Really Close To $10000. Here's What Analysts Are Saying.

Bitcoin is on its way to being worth $10,000 per coin. Currently, the cryptocurrency is up 800% compared to the beginning of the year, when it was priced at $968 per coin. As of this evening, the price was a few hundred dollars shy of $10,000. This new high comes just seven days after bitcoin broke
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Real estate daily market update: November 27, 2017

We'll add more market news briefs throughout the day. Check back to read the latest. Most recent market news. Monday, November 27. The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau: New residential sales statistics for October 2017. Sales of new
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Investors Wary of HK Housing Market

N early half of experts polled by global property consultants Colliers International suggest the economic outlook and likely rising interest rates are the two most important factors for Hong Kong investors wanting to make investment decisions for 2018. The property firm polled 35 leading investors and
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Trump Makes "Pocahontas" Joke About Elizabeth Warren to Navajo WWII Veterans

In a ceremony honoring the Native American World War II veterans known as the “Navajo Code Talkers,” President Trump referred to Sen. Elizabeth Warren (D-Mass.) as “Pocahontas,” a slur he frequently employs about the outspoken Democrat. The joke came after days of criticism by Warren over the
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Home Sale Prices Rise Modestly In October For State, Hartford Area

Home sale prices rose modestly in October in greater Hartford and across the state, two recent reports show, but sales in the Hartford area were stronger than the state as a whole. In greater Hartford, the median sale price of a single-family house — where half the sales are above, half below — rose 2.6
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ATM Down For Maintenance

Our ATM located behind the bank in Robinson will be down for maintenance on November 28th & 29th. The ATM at the Barn Plaza will be available. Thank you for your cooperation and understand during this time. To see a listing of our other ATM's in the area please click on the link below. Locations.
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SpaceX Raises Another Rocket Load of Cash

Elon Musk-led SpaceX has raised $100 million by selling shares, in an extension to a financing round earlier this year that raised up to $350 million, a regulatory filing showed on Monday. SpaceX's funding round in July had valued the rocket maker at about $21 billion, according to news reports. In May
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Senate may vote on tax reform as soon as this week

And there are two different tax reform plans currently being debated, each of which has a different impact on the mortgage interest deduction. Will MID
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Former CFPB enforcement chief Anthony Alexis returning to private sector

The fight over who's leading the Consumer Financial Protection Bureau now that the agency's former director, Richard Cordray, officially stepped
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Meghan Markle's 'Midas Touch' Could Match Duchess Kate's

A statement from the official residence of Charles, Prince of Wales, confirmed what had been speculated: that Prince Harry and Markle are engaged and will marry this spring. “His Royal Highness and Ms. Markle became engaged in London earlier this month,” it said. “Prince Harry has informed Her
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The FHA is a Success Story and its Safeguards Must Be Preserved

The FHA is the government version of privately insured mortgages available in the conventional market, helping low down payment borrowers qualify for home financing. It's important to preserve what's working and reform the areas that aren't as we continue to promote greater opportunities for all
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ICT changing face of Zim real estate

The presentation on the topic “Utilising Ever-changing IT Developments in Real Estate/Estate Agency Practice” by Minister Supa Mandiwanzira read by the Permanent Secretary in the Ministry of ICT, Postal and Courier Services, Dr Eng S M Kundishora at the Real Estate Institute of Zimbabwe(REIZ)
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Economic boom helping Canada's debt problem

Poloz's main message at his last Financial System Review in June — which came just before his first rate increase in seven years — was that despite an unsustainable jump in Toronto home prices earlier this year and the consequent rise in debt levels, the financial system's resilience was actually
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Gutting consumer finance regulator would be a huge Trump mistake

If you have a credit card, mortgage, payday loan or do any type of consumer financing, expect to be hurt by President Donald Trump's plan to gut the Consumer Financial Protection Bureau — a controversial but effective industry watchdog. Right now, the focus is on the unusual situation of two people
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Mulvaney pledges 'dramatic' shift at CFPB, freezes rules and hiring

WASHINGTON — The Trump administration's pick as acting director of the Consumer Financial Protection Bureau said Monday that the agency would be “dramatically different” under new leadership, even as a federal judge declined to decide yet on the legality of the appointment. Mick Mulvaney, who
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Hundreds could be affected by insurance fraud case, investigators say

Ginger Cunnigham, the owner of Blue Ridge Title Company, was arrested and charged in November 2017 after officials say she sold false title insurance policies. Investigators believe up to 1,000 consumers could be affected by this case, involving up to $97 million worth of property. (Photo credit: WLOS
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Fast Money PTE Ltd, Eases Their Lending Terms

Singapore based lending service Fast Money PTE Ltd recently had a press meet at their office, where the management announced the relaxed terms of lending. They also discussed the lending process and things people can expect from their cash loan services. Fast Money PTE Ltd is a renowned
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Here Are Some Worrying Charts About Sweden's Housing Market

SEB's Swedish housing-price indicator, which measures the difference between those who expect house prices to rise and those who expect them to drop, has sunk to its lowest level since 2013, with only 43 percent of households now believing prices will rise in the coming year, compared with 66
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