More Density In Upper Northwest Could Help Solve DC's Affordable Housing Crisis: Study

More Density In Upper Northwest Could Help Solve DC's Affordable Housing Crisis: Study

A wide-ranging analysis of the city's housing supply, the report released Tuesday morning shows that the dominance of single-family homes in amenities-rich neighborhoods, coupled with a lack of amenities in denser neighborhoods, is putting D.C.'s housing market in a pressure cooker. Addressing
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Why Blockchain adoption has stalled in financial services and banking

To be sure, there's no shortage of hype and hope about what blockchain could do for banks and other financial services firms. As The Financial Times detailed, banks could use blockchain technology for everything from the recording and updating of customer identities to the clearing and settlement of
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Media Release: Statement – Speculation Tax: Clarity Appreciated; More Needed

Communities could face economic problems, due to fewer visitors, less consumer spending and lower housing prices. Also, development properties are often bought years before they are developed, and the proposed tax would add costs that would be passed on to consumers, regardless of where they
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Homebuyers becoming dispirited even as economic confidence grows

Americans are growing increasingly confident in the economy and their financial situation, however this is not translating into a more positive view that now is a good time to buy a home, according to the National Association of Realtors' first quarter Housing Opportunities and Market Experience survey.
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Central Pa. real estate firm switches over to Howard Hanna

The new office for Howard Hanna is a result of a Lebanon County real estate group switching from Century 21 to Howard Hanna. Krall Real Estate will now operate as Howard Hanna Krall Real Estate. Century 21 Krall Real Estate was founded in 1973 by Ronald W. Krall and is now led by Holly
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This iTunes Store Error Message Suddenly Started Plaguing Apple iOS Users Worldwide

A attendee uses a new iPhone X during a presentation for the media in Beijing, China October 31, 2017. Thomas Peter—Reuters. By Mahita Gajanan. 5:12 PM EDT. Apple has reported outages for the iTunes Store, the App Store and other systems after customers reported receiving error messages.
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Chinese investment in Los Angeles and US real estate plunged in 2017 on new restrictions

The DoubleTree by Hilton Hotel Los Angeles Downtown was one of the big local purchases last year by Chinese investors. (Jerome Adamstein / Los Angeles Times). Speculation that Chinese investments in U.S. real estate would plummet after Beijing enacted tighter regulations on outbound
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Viagra Just Turned 20. Here's How Much Money the ED Drug Makes

Pfizer hit chemical gold 20 years ago when the Food and Drug Administration (FDA) approved Viagra. But just how much has the “little blue pill,” the blockbuster erectile dysfunction and male libido treatment, raked in for the drug giant—and how might that business dynamic change as generic Viagra
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Two reasons to consider a variable-rate mortgage

The safe and sound choice in today's mortgage market is to lock down a rate for five years and let borrowing costs do what they may. That's how you should proceed if you're a nervous first-time home buyer or just holding things together financially as you renew. Everyone else, consider the variable-rate
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Facebook allows real estate advertisers to discriminate: suit

Wittingly or unwittingly, the social network run by billionaire Mark Zuckerberg has been helping landlords discriminate against women and other protected classes by letting landlords and real estate brokers exclude families with children, women and other minorities from receiving their housing ads,
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Franklin County deed transfers: March 4-10, 2018

CHAMBERSBURG – The following deed transfers, for March 4-10, 2018, are public record in the Franklin County Registers and Recorders office. All deed transfers, except conveyances between family members for a nominal amount, are published as a public service and as space is available.
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Refis Account for Smallest Portion of Mortgage Market in 20 Years

With mortgage rates rising, the refinancing area of the mortgage market is suffering, with refinancing accounting for the smallest portion of all home loans in the past 20 years. That's according to Inside Mortgage Finance, which told The Wall Street Journal that just 37% of the mortgage origination volume
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Homeowners have gained the highest amount of equity in four years

“Existing homeowners have largely seen their properties increase in value, helping to build equity,” said Len Kiefer, deputy chief economist at Freddie Mac. “In many parts of the country, home values have more than recovered from the Great Recession, reaching new nominal peaks and the share of
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Senior Housing Wealth Reaches $6.6 Trillion

Housing wealth for homeowners 62 and older grew to $6.6 trillion in Q4 2017, an increase of $149 billion in senior home equity over Q3, reports the National Reverse Mortgage Lenders Association today in its quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index. Housing wealth
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Communities of Color Continues 'A Dialogue on Banking' Series Tomorrow in Worcester

Communities of Color will continue its statewide initiative “A Dialogue on Banking” on Wednesday, March 28 in Worcester at Clark University's Tilton Hall. The event is part of a statewide initiative being coordinated in partnership with the Massachusetts Joint Committee on Financial Services, the
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HARP Loans to Continue Outperforming Pre-Crisis Mortgages

According to a new report by Moody's Investor Service, Freddie Mac loans refinanced under the Home Affordable Refinance Program will continue to outperform pre-crisis Freddie loans that did not enter the program, but will also continue to lag behind post-crisis Freddie loans. The Home Affordable
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Sold: Average February sales, tax code effect still unclear

Local home buyers are taking note of the new tax code, but whether it will affect the Greenwich housing market remains unclear. “Buyers are talking about it, and many are figuring out that the tax code makes Greenwich more desirable. They're rethinking their purchases,” said Robin Kencel of Douglas
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Global stocks rebound amid waning trade war fears

In this March 26, 2018, photo, people walk in front of an electronic stock indicator of a securities firm in Tokyo. Asian shares are higher Tuesday, March 27, 2018, as news that the U.S. and China are open to negotiating to avert a trade war put investors in a buying mood. (AP Photo/Shizuo Kambayashi).
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Ensuring Veteran Lending is in Safe Hands

In other words, from a veteran's point of view, getting almost any other type of mortgage except the VA loan program makes no sense. However, this myth continues to survive because the majority of lenders do not understand how VA loans work and are simply less comfortable offering them.
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Foreign Buyers Starting to Drive Up Housing Prices in Quebec

Non-Canadian residents generated 1,307 property transactions in Quebec last year, representing 1 percent of all deals, finance ministry documents show. That's little changed from 2008, when they made up 0.8 percent of the total. Foreigners mostly purchased high-end properties, averaging C$559,000
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