Last Lustron Ever Built? A Piece of Housing History on the Market for $125K

Last Lustron Ever Built? A Piece of Housing History on the Market for $125K

What's believed to be the last Lustron Home ever built is on the market. Located in McHenry, IL (just 50 miles northwest of Chicago), the $125,000 home offers a fan of 1950s Americana a chance to own a rare 20th-century artifact. Less than three thousand Lustron homes were ever produced, and this
See Original Article

Government-sponsored content on real estate raises eyebrows

Not to be outdone, Statistics Canada recently paid for distribution of a piece called 'Watch These Five Real Estate Trends' last month that seems devoid from reality citing “the condo boom continues,” and describing condos as a “cost-conscious housing option.” Pretty sure StatsCan didn't crunch the
See Original Article

Toronto-Dominion Bank lifts mortgage rate in 'biggest move in years,' RBC follows suit

Toronto-Dominion Bank has lifted its posted rate for five-year fixed mortgages by 45 basis points to 5.59 per cent as government bond yields touched their highest levels since 2011 this week. “It's a big move, the biggest move in years,” said Rob McLister, founder of RateSpy.com, a mortgage comparison
See Original Article

Bank Bulls Get Ready for Rising Rates

Rising interest rates bode well for bank profits, giving them more leeway to increase their net interest spreads, or the profit margins between what they pay depositors and charge borrowers. With the yield on the 10-Year U.S. Treasury Note having closed above the 3% level for the first time in more than
See Original Article

More on Fortune Brands Q1 results

Adj. EBITDA $160.6M (+4% Y/Y), cash & equivalents $244.4M (-24.3% Q/Q) & Net debt-to-EBITDA of 1.9%. FY18 Outlook: U.S.home products market growth of 5-7%, total global market growth of 5-6%, Adj. EPS of $3.58-3.70 & FCF of $525-550M. Previously: Fortune Brands Home & Security misses by
See Original Article

Ontario invests $5M to boost Kitchener rental housing market

The Ontario government announced Friday it would give $5 million to the City of Kitchener to encourage more rental housing. According to a press release, the city can use the money “to provide development charge rebates” to developers who want to build “more high-rise, mid-rise and townhouse
See Original Article

Million-Dollar Sales Boom in Sacramento, California

Luxury sales in Sacramento have doubled over the past five years, as buyers flee the heated housing market in the San Francisco Bay Area, according to an analysis by Mansion Global of housing data from Realtor.com. “We're seeing demand in the Bay Area spill over into Sacramento,” said Javier
See Original Article

Column: US leagues are on the verge of going international

FILE – In this April 26, 2018, file photo, Jacksonville Jaguars owner Shad Khan fields questions from the media on his interest in buying Wembley Stadium in London, in Jacksonville, Fla. An NFL team in London? An NBA franchise in Mexico City? We're drawing closer to the day when a team from those
See Original Article

Is tech or the city responsible for Seattle's housing crunch? Report explores roots of affordability crisis

As in San Francisco and other tech-fueled boomtowns, people like him are widely blamed not merely for driving up housing prices (Lubarsky rents a higher-end apartment near the downtown), but also for justifying the carnage in coldly libertarian terms. In fact, one of [the] objectives in founding Seattle
See Original Article

Why did the Avengers partner with a mortgage lender?

She's filling out a mortgage application on her phone, and oblivious to the fact that Dr. Strange and Iron Man are using superpowers to save her from exploding debris. “Rocket Mortgage by Quicken loans makes the complex simple,” a voiceover says, “giving you superhero levels of confidence.
See Original Article

Business is booming for Memphis housing market

Ask about any realtor and they'll tell you, it's an amazing time for the housing market in the Mid-South, especially if you're looking to sell! “It's really a great time for sellers, they might as well enjoy it now,” said Sheldon Rosengarten with Marx-Bensdorf Realtors. Rosengarten has been in the business for
See Original Article

Daily Research News Online

… Marketing News and Quirks, previously headed up his own consulting practice, The Lax Group, and before this held CX leadership positions with TNS, GfK, Harris Interactive and ORC, as well as directing the CX program for mortgage giant Freddie Mac. He holds a Ph.D. and Masters Degree from City
See Original Article

Developers clamor to fill county housing needs

The numbers don't lie. Hall County's housing market is sizzling. The U.S. Census Bureau identified the Gainesville-Hall County Metropolitan Statistical Area (MSA) among the fastest growing metro areas in the United States, with a population increase of 16,953 and a growth rate of 9.4 percent from 2010
See Original Article

Mortgage Rates Recover For 2nd Straight Day

Mortgage rates moved lower again today , bringing them back in line with Monday's levels for the average lender. That said, rate sheets have been very stratified between lenders during the recent spat of volatility. In other words, even if 2 lenders were similarly-priced on Monday, they might not be today.
See Original Article

Commercial real estate on historic pace, report says

“Salt Lake's industrial market has experienced remarkable growth in the recent past and it shows no signs of slowing down,” he said. “With the announcement of the Salt Lake City Port Global Logistics Center, the local industrial market has potential to increase in size by 39 percent in the future. This is
See Original Article

SSE, CSDC issue repo interim measures

The Shanghai Stock Exchange (SSE) and China Securities Depository and Clearing Co (CSDC) have issued and implemented what they are calling the 'Interim Measures of SSE and CSDC for Transactions and Settlement of Bonds in Collateralised Tri-party Repo'. The implementation is to improve the
See Original Article

Fake rentals make a resurgence in tight Victoria housing market

“Renters should be very cautious about giving cash deposits or wiring money for a property and should carefully the assess the property prior to providing any funds whatsoever,” said Bernoties. “The scammers will prefer to do business by email or text than meeting you personally at the property.
See Original Article

Budding Marijuana Businesses Discuss Real Estate, Banking Challenges

The unique commercial real estate challenges these marijuana businesses face was the topic of discussion Thursday at CREW D.C.'s “Marijuana + CRE: A Pipe Dream?” event. The pun-filled luncheon featured brownies for dessert, Cheetos for attendees to munch on and a D.C. council member
See Original Article

Mortgage watch: Overpaying

The amount being overpaid on UK mortgages went up by a quarter between 2013 and 2017, from £14.1 million to £17.6 million, according to UK Finance, the industry body. Overpaying can save you thousands of pounds in interest and many are rushing to get their balances down before an interest rate
See Original Article

Mortgage rates rise to their highest level in over four years

Are you thinking about buying a home in the near future? Do you need a mortgage loan to finance your purchase? Here's a trend you should know about. This week, the average rate for a 30-year fixed-rate mortgage loan rose to its highest level since 2013. This is based on the weekly industry survey
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.