Suburban Housing Costs Are Stretching Families to the Brink

Suburban Housing Costs Are Stretching Families to the Brink

At first, she didn't qualify for housing because she hadn't lined up her job yet, but also because she didn't have three times the rent price (rent plus first and last months of the lease). “Most places were charging at least $1,000 at that time,” she said, recalling a host of conversations like the one she
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5 ways to become your sphere's go-to real estate agent

Here are five ways to stay top-of-mind with your SOI year round and ultimately their go-to real estate agent. Monthly local events Notifying your sphere of local events taking place keeps them in the know, and it keeps you on their minds. Whether it be a restaurant grand opening, sporting event or happy
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MBA: Mortgage Applications Fall 1.1%

Mortgage applications fell by 1.1% on a seasonally-adjusted basis from one week earlier for the week ending March 16th, 2018, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey. On an unadjusted basis, the Market Composite Index, a measure of mortgage loan
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5 Savvy Ways To Invest $10000 In 2018

Prosper is another peer-to-peer lender that work similarly. With Prosper, you can invest your cash into loans taken out by individuals and earn a healthy rate of return. Prosper says their investors have earned an average return of 6.59% thus far, making them a top contender in the peer-to-peer lending
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COA orders bank to release mortgage on Adams County farmland

An Adams County couple will be released from the mortgage on their farmland after the Indiana Court of Appeals determined the bank altered the terms of the promissory note secured by the mortgage, entitling the couple to release. In August 2015, Matthew and Ginger Summersett executed a $398,000
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New North Bay commercial real estate lags business demand

2018 has a nice ring to it. While the natural gross national product grows at 3 percent the last quarter of 2017, here in the North Bay the economic engine has slowed due to the devastating firestorm of October. Just as in residential real estate, commercial property investment inventory — office, industrial,
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Greater Cincinnati real estate firm buys Blue Ash office building

Behind the deal: The buyer, a real estate investment company managed by Dan Vollmer and his partner, Josh Harkavy, plans to move their property management company, Balanced Property Solutions, into the building. Harlamert started marketing the building for sale in 2017, while Freiberg had been
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Top of hot stocks: Melrose Industries and Himax Technologies

Melrose Industries led the FIS Astec Analytics hot stocks list for Europe, the Middle East, and Africa (EMEA) last week. The UK-based manufacturing group operating in the energy, air management, security and ergonomics sectors saw its short interest volume increase to 245 percent back in January.
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Low Property Prices in London Are Alienating Spring Sellers

Property prices in Greater London are down annually for the seventh consecutive month and the downward trend is scaring away spring sellers, according to Rightmove's March 2018 report. Though the price of homes coming to the market rose 0.6% to £631,651 (US$888,271) in the last four weeks,
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Apple may have fixed the thing keeping people from buying the iPhone X

Apple's iPhone X is significantly below expectations, some reports say, while others claim the opposite. The $999 entry price is one of the main reasons why the iPhone X isn't selling as good as some expected. There are plenty of ways to make it more tolerable, including trade-in deals and installment
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MBA: Refinance applications continue to decline

The Federal Housing Administration share of applications decreased to 10.3%, down just .1% from last week percentage of 10.4%, and the Veterans Affairs' share of applications increased from 10.3% to 10.7%. The Department of Agriculture share of total applications decreased to 0.8%, down just .1%
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Pinnacle Financial's Memphis expansion continues into Whitehaven, Raleigh neighborhoods

In a statement released Wednesday, the Nashville bank says Tracy Mitchell-Ellis will lead a team of small-business and mortgage lenders in the 3,000-square-foot Whitehaven office at 4403 Elvis Presley Boulevard. Zaundria Ingram will lead the small-business and mortgage lenders in the Raleigh office
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Ross Mortgage celebrates new Birmingham branch

From left: Alicia Green, Aqua Advantage; Joe Bauman, Birmingham Bloomfield Chamber of Commerce President; Patty Boardman, Birmingham City Commissioner; Linda Hatfield, BB Credit Union; Robert Pilska, SVN Property Investment Advisors; Toni Thwaites, Ross Mortgage; Jeelin Austin-Payne,
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Tencent Profit Doubles But Warns Spending to Weigh on Margins

Tencent's business revolves largely around its vast social networks WeChat and QQ, the twin platforms through which more than a billion people consume games, news and online entertainment while paying for a plethora of real-world services. Chief Executive Officer Ma Huateng is now angling to grab
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Low Supply of Homes Continue to Hinder Housing Market

WHAT IT MEANS: So, is the housing market improving, weakening or stagnant. The answer seems to be yes. Purchases of previously owned houses rose in February, but the level remains somewhat disappointing. Over the year, sales were up minimally and were pretty much at the same pace we
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How today's Fed rate hike will affect your finances

Many homeowners with adjustable-rate home equity lines of credit, which are pegged to the prime rate, also will be affected. But unlike an adjustable-rate mortgage, these loans reset immediately rather than once a year. For example, a rate increase of 25 basis points would cause borrowers with a
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LA home prices shoot up $15K in February, hit new record

But rising interest rates could temper the rapid growth in LA home prices, says LePage, simply by making mortgage agreements unaffordable for many entry-level buyers. Since June of 2017, CoreLogic has rated the Los Angeles real estate market as “overvalued,” meaning that sale prices are at least 10
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UBS reaches $230 million settlement with New York over toxic mortgage bonds

“The dollars we've secured have funded critical housing programs across New York – and this settlement means even more community revitalization work in the years to come.” In a statement provided to HousingWire, UBS said that it was “pleased” to reach a settlement over these issues. “We are
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Banking Stocks' Research Reports Released on Hope Bancorp, PacWest, SVB Financial, and …

Furthermore, shares of Hope Bancorp, which operates as the bank holding company for Bank of Hope that provides commercial banking services primarily to small- to medium-sized businesses and individuals in the US, have a Relative Strength Index (RSI) of 52.05. Get the full research report on HOPE
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Fla. Housing Market: Sales, Median Prices, New Listings Up in Feb. 2018

ORLANDO, Fla./ March 21, 2018 (STLRealEstate.News) — Florida's housing market reported more closed sales, more new listings and higher median prices in February even as for-sale inventory remained tight, according to the latest housing data released by Florida Realtors®. “Florida's economy
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