Need a recommendation on something as routine as where to eat or something as personal as which real estate agent to work with? Sites like Yelp and Zillow can help people make decisions with an added layer of transparency in the form of what we call social proof, aka user-generated reviews.
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In fact, investment sales in the private housing market soared 153 percent on an annual basis to $6.8 million in Q4 2017 thanks to the en bloc fever, and this segment accounted for 37 percent of the overall transaction value last year. âA total of 27 residential collective sales with a combined value of
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Redrow has reported another set of record results, building more homes in the last six months than ever before and pushing profits up 26pc. The company cheered investors by increasing its interim dividend by 50pc to 9p as it shrugged off wider concerns about the state of the housing market. Redrow
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The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $453,100) increased to 4.47% from 4.34% last week, also hitting its highest level since April 2014. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased
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On February 6, the OCC published a notice and request for comment in the Federal Register concerning its information collection entitled, âRegistration of Mortgage Loan Originators.â Under the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), any person employed by a regulated
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According to a release, the benefits and insurance portion of the Lighthouse Group will retain its building and split into separate units. Grand Traverse Title will be located in Suite A at 434 E. Front St., where Lighthouse Title is currently located. The benefits and insurance portion of Lighthouse Group also
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Also, given that it was the excess liquidity in the system post-demonetisation that drove steep cuts in deposit and lending rates by banks, the gradual tightening of liquidity will lead to a quicker and sharper rise in rates in the coming months. A few banks have already started hiking their benchmark
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… United States Government agency or government-sponsored enterprise (GSE), such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Private-label MBS, or non-agency MBS, include residential MBS that are not guaranteed
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After months of rumblings, the nation's largest reverse mortgage lender has officially confirmed its entry into the forward market. American Advisors Group on Wednesday announced the opening of a new office in Sacramento, Calif., where the company expects to have a team of 70 to 80 forward-only
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Last year was largely a good one for commercial real estate investmentâand 2018 promises to be strong as well. Momentum for the new year stems from a strong holiday shopping season and tax reform that is anticipated to leave many businesses and consumers with more money in their pockets.
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Commonwealth Equity Services Inc boosted its position in shares of Honeywell International Inc. (NYSE:HON) by 4.1% in the third quarter, according to … Bank of America upped their price objective on shares of Honeywell International from $117.12 to $168.00 and gave the company a âbuyâ rating in a
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US MBA mortgage applications w-e 2 Feb 0.7% vs -2.6% prev. Wed 7 Feb 2018 12:07:12 GMT. Author: Mike Paterson | Category: News. Author: Mike Paterson. share
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This heir to one of America's great banking fortunes, and a former chair of the New York Republican Party's finance committee, has struggled with drug addiction. So when he began dabbling heavily in cryptocurrencies years ago, his friends and family tried to dissuade him, figuring it was another erratic
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FTS International logo FTS International Inc (NYSE:FTSI) CEO Michael J. Doss bought 10,000 shares of the company's stock in a transaction on Tuesday, February 6th. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $180,000.00. The acquisition was disclosed
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TheStreet upgraded Tempur Sealy International from a âcâ rating to a âbâ rating in a report on Thursday, November 2nd. ValuEngine downgraded Tempur Sealy International from a âbuyâ rating to a âholdâ rating in a report on Thursday, November 2nd. Raymond James Financial reiterated a âbuyâ rating on
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Practical-minded businesspeople may be tempted to dismiss this week's wild market gyrations the same way they dismiss Trump's tweetsâmere noise that obscures the music. The fundamentals of the economy are good, earnings are strong, inflation and interest rates are low, so why worry? But there's
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But as OC's housing market has become increasingly tight, “some of these neighborhoods have become more appealing,â Covarrubias said. “And so I think community groups are looking at ways to stabilize rents to allow people to stay in the areas where they live.â But apartment owners oppose rent
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Louisiana wetlands are worth a fortune in protection | Editorial. Updated February 7, 2018 at 6:17 AM ; Posted February 7, 2018 at 6:16 AM. Louisiana has a master plan to restore its coast but the state is still looking for much of the funding. (Photo by Todd Masson, NOLA.com | The Times-PIcayune).
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Currently, a third of central banks are involvement in securities lending activity, with an additional small percentage expressing interest or acknowledging pressure to start or increase programmes. Of the central banks that engage in lending, the majority do so on a bilateral basis in the repo market with a
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Local real estate agents sold 217 houses and condominiums last month, slightly off the pace of 224 sold in January 2017, according to data from the Northwest Multiple Listing Service. While the number of homes sold decreased, the January median price soared 20 percent to $345,000. January is
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