Western Albemarle Fourth Quarter Real Estate Report: Crozet House Sales Keep Booming

Western Albemarle Fourth Quarter Real Estate Report: Crozet House Sales Keep Booming

Last year was the strongest ever for real estate sales in Crozet. Ever. There were 313 residential sales in 2017, up 11 percent from the 282 sales in 2016. And while transactions of pre-existing homes were up slightly, it was the 26 percent jump in new construction sales that was eye-popping. Thirty-six
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Leeds City Council to Support Local Businesses via P2B Lending

Leeds City Council will begin lending to regional businesses through peer-to-business lending platform rebuildingsociety.com. Over recent years, the council has been involved in proactively promoting the northern FinTech sector, and now sponsor the weekly Friday seminars. This new initiative is
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Bank of America Is Said to Explore Canada's Uninsured MBS Market

The bank has met with Canadian lenders to assess their interest in supplying mortgages for the bonds, which would be backed by home loans that don't have government guarantees, according to a person familiar with the matter. It was also considering discussing the sale of the securities with U.S.
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Are Banks Worthless?

Here is a hilarious paper from Juliane Begenau of Stanford and Erik Stafford of Harvard called “Do Banks Have an Edge?” No, is their answer. You'd be better off just passively buying Treasuries than buying the complicated mix of stuff that banks actually own: We construct a simple buy-and-hold
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Hunt Mortgage Group Refinances NJ Quintet

Hunt Mortgage Group invested $1.3 million to refinance this rent-controlled, 12-unit Perth Amboy, N.J. multifamily property comprised of a single two-story building. The building features nine one-bedroom, one-bath units and three two-bedroom, one-bath apartments. The borrower invested $69,150 in
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Mortgage Demand Stalls as Loan Rates Hit 4-Year High

The Refinance Index increased 1 percent from the previous week. The seasonally adjusted Purchase Index remained unchanged from one week earlier. The unadjusted Purchase Index increased 7 percent compared with the previous week and was 8 percent higher than the same week one year ago.
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Engineered Facility Solutions merges with Hunt Real Estate

Engineered Facility Solutions recently merged with Hunt Real Estate Corp. to form Hunt Property Solutions LLC. The new company, an ancillary business of Hunt Real Estate Corp., will focus on acquiring new properties where it can bring added value to building ownership and its tenants. The merger
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Blue Sky Financial release new promotional video

… a new promotional video showcasing all that they have to offer. Blue Sky, based at 45 Dublin Street opposite the new Tesco Extra, are best known for their estate agency business Blue Sky Property. However, Blue Sky Financial also offer a wide range of products with everything from mortgages and
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A relaxation in lending rate would have been a morale booster: Realty players

The first monetary policy post the Union Budget has dampened the enthusiam of the real estate sector which called disappointing for the sector. Industry analysts note that a relaxation in lending rate would have been a morale booster. The Reserve Bank of India (RBI) kept its key interest rate unchanged
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Opioid Alternative Kratom Is Actually an Opioid Itself, FDA Warns

A few months ago, the Food and Drug Administration (FDA) warned people about the risks associated with the herbal substance kratom. The public health advisory was intended for people who use kratom as an alternative to opioids, due to its similar effects. Now, FDA commissioner Scott Gottlieb has
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Coinbase And Ripple Investor Barry Silbert Has Scored A Nine-Figure Fortune

Barry Silbert, 41, became known on Wall Street for building SecondMarket, an exchange for tough-to-trade assets—mostly stakes in private tech companies—that became popular in the age of unicorns. By the time he sold SecondMarket to Nasdaq in 2015, Silbert himself was already working on his
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Brinker International (NYSE:EAT) Upgraded to Buy by Zacks Investment Research

Brinker International, Inc. logo Zacks Investment Research upgraded shares of Brinker International (NYSE:EAT) from a hold rating to a buy rating in a research note issued to investors on Friday, January 12th. Zacks Investment Research currently has $42.00 target price on the restaurant operator's stock
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'RBI decision to hold rates steady disappointing for real estate sector'

The RBI has handed out a stalemate to the real estate sector after the Union Budget, said Ramesh Nair, CEO and Country Head, JLL India, reacting to the Reserve Bank of India's (RBI) Monetary Policy Committee decision. “Keeping the policy rates unchanged while maintaining the repo rate at 6 per
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U-Haul names California as No. 50 Growth State for 2017

TEMECULA – California was the No. 50 Growth State for 2017, according to U-Haul data analyzing the past year's U.S. migration trends. Year-over-year arrivals of one-way U-Haul truck rentals increased by 4 percent while departures increased by 5 percent from California's 2016 numbers. Arriving
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Greystone Real Estate Advisors Expands in Columbus, OH

NEW YORK, Feb. 07, 2018 (GLOBE NEWSWIRE) — Greystone Real Estate Advisors announced J. Micah Deskins has joined as a Director in Columbus, OH. Mr. Deskins will work closely with multifamily sales advisors Mark Rohr and Eric Taylor to expand the firm's overall Ohio and Midwest presence.
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Baker Ellis Asset Management LLC Has $895000 Position in Investors Title (NASDAQ:ITIC)

Investors Title logo Baker Ellis Asset Management LLC lessened its stake in Investors Title (NASDAQ:ITIC) by 14.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,512 shares of the insurance
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Production Company Wants John Cena Superfans, Kalisto – Lince Dorado Fallout (Video), Kurt Angle

Bliss made the accusations during her RAW segment with Angle this week over her being forced to defend the title inside the Elimination Chamber while Lesnar does not have to defend until WrestleMania 34. As of this writing, 65% voted, “Alexa Bliss was right. If Angle valued them equally he would
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Reonomy raises $16M, partners with Newmark Knight Frank

Commercial real estate data company Reonomy announced $16 million in new funding and a partnership with the advisory firm Newmark Knight … of properties, companies, tenants, and owners and spits out property information and market trends in API feeds or their subscription-based web app to
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William Blair Expands Healthcare Investment Banking Team

CHICAGO, Charlotte, N.C., Feb. 07, 2018 (GLOBE NEWSWIRE) –. William Blair, a premier global boutique, is pleased to announce that Kerr Robertson has joined the firm's healthcare investment banking team as a managing director. Mr. Robertson will work from the firm's recently opened office in
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Report: “Perfect storm” on horizon for Illinois housing market

A combination of high property taxes, a sluggish local jobs market, and people leaving the state could spell trouble for the value of Illinoisans' homes. A new report by the nonprofit Illinois Policy Institute warns that the state's homeowners could see their home values take a turn for the worse in the coming
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