Studies: Housing market sustainable, but slowing because of labor shortage

Studies: Housing market sustainable, but slowing because of labor shortage

“Longer construction periods for multifamily properties could have a substantial impact on the market. We now expect the cycle peak for deliveries to come in 2018 rather than 2017,” the Yardi Matrix report states. The Realtor.com report foresees that in 2018 homes on the market in Middle Tennessee will
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FHFA: GSEs Sold Over 82000 Nonperforming Loans Since 2014

Fannie Mae and Freddie Mac have sold 82,359 nonperforming loans as of June 30, 2017, with a total unpaid balance of $16 billion, according to the fourth Non-Performing Loan Sales Report released today by the Federal Housing Finance Agency. On average, the NPLs had a delinquency of 3.3 years
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Top Real Estate Professional Shares 10 Rules For Sales Success

Founder and CEO Kevin Markarian of Marker Real Estate in San Francisco has been awarded the National Sales Associate Of The Year by Taylor Morrison, one of the largest homebuilding company in the United States. Markarian has grown his residential realtor business from nothing to $100 million in
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Rent or Buy? It Depends Where You Live

On the other side of the spectrum, San Francisco was named the most expensive city for homeownership thanks to monthly mortgage payments on a median-priced house with 3.5 percent down eating up 80 percent of the median borrower's income. West Coast markets, particularly California's big cities,
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Lyft Gets $1.5 Billion Funding Boost, Thanks to Google

Before the platform was announced Lyft locked in partnerships a number of partnerships with automakers and tech companies developing self-driving car systems, including Ford</a>, Google's Waymo, General Motors, and
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Habito chief executive Daniel Hegarty on why his house-buying frustrations led to him setting up a …

For most of us, buying a house is the biggest financial commitment we will ever make. And even once we've moved in, mortgage repayments remain the most significant household outgoing. Yet astonishingly, thousands of people never think to shop around for a better rate once they've secured a
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Police: Woman charged in theft from Palm Beach real estate office

A West Palm Beach woman has been charged with two counts of grand theft after stealing two credit cards and a laptop from a real estate office on Sunrise Avenue where she previously worked, according to Palm Beach police. Kelly Scott Edwards, 42, used one of the cards to buy nearly $680 worth of
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Wall Street is upbeat on bank stocks in 2018

Wall Street is banking on financial shares moving higher in the New Year. Banks and other financial firms have been in rally mode, jolted higher by policy developments that are seen as benefiting their bottom lines at the same time the finances of Main Street Americans are improving. The Financial
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Unusual Activity Spotted in Summit Materials Inc (SUM) and Freddie Mac (FMCC)

Summit Materials Inc (SUM) shares are moving today on volatility -0.32% or $-0.10 from the open. The NYSE listed company saw a recent bid of $31.36 and 607443 shares have traded hands in the session. Investing in the stock market comes with inherent risk. Some stocks are much riskier than others,
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Amazon Targets Etsy With Last-Minute Delivery of Craft Gifts

Amazon.com Inc. will offer last-minute delivery of pottery, necklaces, candles and other handmade products ordered as late as Christmas Eve in nine U.S. cities, looking to win orders from competing arts-and-crafts marketplace Etsy Inc. The online retailer will offer Amazon Handmade products through its
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Digital mortgage software provider Maxwell raises $3 million to fund growth

Maxwell, a provider of digital mortgage software and a winner of HousingWire Magazine's 2017 HW Tech100 as one of the housing industry's top tech companies, announced this week that it just completed a funding round that more than doubled the amount of capital the company had previously raised
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UO Reading Underneath 40 for IQ US Real Estate Smallcap ETF (ROOF)

After a recent market check, we have noted that the Ultimate Oscillator reading is under 40 on shares of IQ US Real Estate Smallcap ETF (ROOF).
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Nigerian Lawmakers Approve $74 Billion Three-Year Spending Plan

Nigerian lawmakers approved the government's $74 billion expenditure plan for the next three years, paving the way for the adoption of the 2018 record budget aimed at spurring economic growth after a slump. President Muhammadu Buhari's administration proposed a budget of 8.6 trillion naira ($23.9
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Is Buying Weatherford International Plc (NYSE:WFT), Having Higher Short Interest a Winning …

Investors sentiment decreased to 1.11 in 2017 Q2. Its down 0.63, from 1.74 in 2017Q1. It dropped, as 59 investors sold Weatherford International plc shares while 88 reduced holdings. 57 funds opened positions while 106 raised stakes. 1.09 billion shares or 1.61% more from 1.07 billion shares in
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Schwarzman's Advice for Blackstone Recruits: Forget 'Mad Men'

Stephen “Steve” Schwarzman, co-founder, chairman and chief executive officer of Blackstone Group LP, speaks during an interview at an Economic Club of Washington luncheon in Washington, D.C., U.S., on Tuesday, Sept. 15, 2015. Photographer: Andrew Harrer/Bloomberg. Blackstone Group LP
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Senators randomly started quoting Meat Loaf at each other during a banking committee hearing

You can't accuse members of the Senate Banking Committee of having a bad attitude. During a Tuesday hearing regarding the bipartisan Dodd-Frank rollback bill, Sen. Sherrod Brown (D-Ohio) gave us more than we deserve by introducing “the Meat Loaf minimum.”
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Zillow: 4.1 Percent Home Price Increase in 2018

Zillow's survey of housing market experts added that mortgage rates are likely to rise next year to around 4.5 percent from the current rate of about 3.9 percent. … Higher mortgage rates will eat into buyers' budgets, putting even more price pressure on the most affordable homes for sale. Unless there is a
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Find out which two submarkets drove Manhattan's housing market in October

Manhattan's home market was fairly static overall in October, with both sale prices and volume remaining virtually unchanged from the previous month. But prices in both the luxury and new construction submarkets recorded sizeable gains, according to a report released yesterday by New York
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Spot trends and buy/sell signals: Johnson Controls International plc (JCI), BB&T Corporation (BBT)

At the session level, shares of Johnson Controls International plc(NYSE:JCI) moved -0.77% from the open. The most recent bid on the stock was registered at $37.43. Further, company shares have been seen trading -18.46% off of the 52 week high and 8.46% away from the 52 week low. Narrowing in
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Netflix Fires Actor Danny Masterson Amid Rape Allegations

Danny Masterson, an actor on the Netflix series The Ranch was fired Dec. 4, 2017, amid rape allegations. The second half of season 2 of the series will premiere Dec. 15. Lalo Yasky—Getty Images. By Kirsten Korosec. 12:24 PM EST. Netflix (nflx) has fired Danny Masterson and written the actor off of
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