Brandon Real Estate News
Real Estate news for Brandon, WI continually updated from thousands of sources.
Tuesday Feb 21 | via National Mortgage News
On the heels of a record-setting year for sales of existing homes in Wisconsin, January's market kept the momentum going in 2017 by posting the most sales for that month since 2005. But it appears a shortage of properties for sale - the only thing standing in the way of even better sales last year - is persisting into the new year. Comment?
Jan 18, 2017 | via Daily Jefferson County Union
The Jefferson Common Council on Tuesday authorized a $500,000 loan to help finance developing new housing units at the former site of Jefferson Wood Products Inc. and Foremost Buildings Inc. "We haven't done a project for quite some time," City Administrator Tim Freitag told the council, noting that the city loan fund contains about $500,000. "Quite honestly, we were saving that money to do a project like this that probably happens once every 15 or 20 years in a community like ours." Comment?
Jan 5, 2017 | via National Mortgage News
Mortgage foreclosures, the dreaded scourge of the residential real estate market during the Great Recession and its aftermath, appear to have retreated to their lowest levels since the 1990s in Wisconsin. After peaking at 28,500 in 2009, foreclosure filings in 2016 totaled roughly a fourth of that amount, said Russell Kashian, a University of Wisconsin-Whitewater economics professor who tracks foreclosures in the state. Comment?
Dec 28, 2016 | via Daily Journal/Sunday Journal
Jim Griffin, president of Griffin Automotive stores in Milwaukee and Waukesha, says the prospect of higher interest rates is not likely to impact the car business heading into 2017. Jim Griffin, president of Griffin Automotive stores in Milwaukee and Waukesha, says the prospect of higher interest rates is not likely to impact the car business heading into 2017. Comment?
Dec 23, 2016 | via Independent Register
Wisconsin's exceptionally robust housing market continued in November with both sales and median prices rising by significant margins, according to the most recent analysis of existing home sales by the Wisconsin REALTORSA Association . November sales rose 19 percent compared to November 2015, setting a new sales record for the month. Comment?
5 min ago | via Ledger-Enquirer.com
Fewer Americans signed contracts to buy homes last month as rising prices and a dwindling supply of available homes appeared to frustrate many potential buyers, especially in the West. The National Association of Realtors says that its seasonally adjusted pending home sales index fell 2.8 percent to 106.4, the lowest level in a year. Comment?
7 min ago | via This Is Money
The Bank of England has tweaked an obscure rule which could make it easier for borrowers to get a mortgage of more than four-and-a-half times their annual income. The rule change applies immediately and effectively loosens the cap placed on the amount of high loan-to-income mortgage lending banks and building societies are allowed to do. Comment?
7 min ago | via Destin
A South Walton County Realtor has shattered the record for the highest priced single-family home sale in Northwest Florida. Comment?
9 min ago | via Reuters
LONDON, February 27 Fitch Ratings says Barclays' resilient domestic earnings were diluted by the group's corporate and investment banking business in 2016, although stronger capital markets activity and a stronger dollar compared with sterling had a positive effect on fourth quarter and overall results. The group's returns on tangible equity of just 1.1% in the quarter and 3.6% for the full year were weaker than US and some European peers. Comment?
12 min ago | via The Real Deal
From left: 1705 First Avenue, 316 East 92nd Street, 1566 2nd Avenue and 227 East 96th Street The long-awaited completion of the Second Avenue subway is expected to lead to rising rents on the Upper East Side - a headache for some tenants, but a boon for the area's landlords. While some of the landlords poised to benefit are household names such as Kushner Companies and Glenwood Management , one lesser-known group that will likely cash in is Eberhart Brothers . Comment?
Copyright © 2017 Topix LLC