Alexandria Real Estate News
Real Estate news for Alexandria, PA continually updated from thousands of sources.
Friday Jun 26 | via The Morning Call
Local foreclosure rates hit a five-year low in April, but activity still remains higher than the national average at least partially because of a judicial process in Pennsylvania that can keep properties in limbo for nearly two years. The Allentown-Bethlehem-Easton region's rate, which measures the percentage of loans in some stage of the foreclosure process in Lehigh, Northampton and Carbon counties along with Warren County, N.J., fell to 2.66 percent in April, down from 3.13 percent one year earlier, according to data released Thursday by CoreLogic, a financial and real estate analytics firm. Comment?
Monday Jun 22 | via Insider Monkey
Long Pond Capital is a New York-based hedge fund led by John Khoury . Khoury, with a degree from Wharton School of Business at the University of Pennsylvania, applies a rigorous bottom-up approach to research and invests primarily in real estate investment trusts , and other real estate-related companies. Comment?
Thursday Jun 18 | via National Mortgage News
Housing and property data provider RealtyTrac reported 126,868 foreclosure filings last month, the highest level of activity in 19 months, driven mainly by bank repossessions and a 5% year-over-year increase in scheduled foreclosure auctions. According to the U.S. Market Foreclosure Report, foreclosure filings in May rose 1% from the previous month and saw a 16% year-over-year increase. Comment?
Wednesday Jun 17 | via Natl. Relocation & Real Estate
RealtyTracA recently released its May 2015 U.S. Foreclosure Market Reporta , which shows foreclosure filings-default notices, scheduled auctions and bank repossessions-were reported on 126,868 U.S. properties in May 2015, up 1 percent from the previous month and up 16 percent from a year ago to a 19-month high. The U.S. foreclosure rate in May was one in every 1,041 housing units with a foreclosure filing. Comment?
Tuesday Jun 16 | via Business Wire
As announced previously on December 15, 2014, under the terms of the Merger Agreement, LNB Bancorp Inc. shareholders will be entitled to elect to receive either 1.461 shares of Northwest Bancshares, Inc. common stock or $18.70 in cash for each common share of LNB Bancorp, Inc., subject to an overall allocation of exchanged shares into 50% cash and 50% stock. The companies expect to complete the merger on August 14, 2015, subject to the satisfaction of customary closing conditions. Comment?
26 min ago | via Forbes.com
I'm a freelance journalist, author, and writer whose work has appeared in such publications as the Wall Street Journal, the New York Times Magazine, Newsweek, Technology Review, Chief Executive, and The Fiscal Times. Also, I write regularly for CBS MoneyWatch, Inc.com, and Daily Finance. Comment?
30 min ago | via News Tribune
JC's Chicken, the former KFC restaurant in Jefferson City at 1923 Christy Drive, has closed; and the property is under new ownership. Comment?
1 hr ago | via Newms360.com
As the chart at bottom indicates, the Mississippi PERS has been chronically underfunded for years and has lagged other state plans. The Plan has an unfunded actuarial cost of $14.445 billion, or $4,825 for every man, woman and child in the State; only five other states have higher liabilities per person. Comment?
2 hrs ago | via Korea Herald
The monthly increase of outstanding mortgages rose to its highest point in five years last month amid record low interest rates. The Bank of Korea cut its key rate to a new record low of 1.75 percent on June 11. According to Korea's seven largest banks, their collective housing-collateralized loans swelled by 9.27 trillion won in June, compared to the previous month. Comment?
3 hrs ago | via The Arizona Republic
Midyear: A good time to assess items on money checklist The midpoint in a fairly uneventful year is a good time to assess your financial situation. Check out this story on azcentral.com: http://azc.cc/1M2Tzm4 The halfway point in a fairly uneventful economic year is a good time to assess your finances. Comment?
Copyright © 2015 Topix LLC