Browns Real Estate News
Real Estate news for Browns, IL continually updated from thousands of sources.
Sunday Aug 23 | via Northwest Herald
CRYSTAL LAKE – The Heartland Realtor Organization in Crystal Lake recently raised $1,500 for the Illinois Fire Safety Alliance during its annual volleyball tournament. The statewide alliance tries to raise public awareness about fire safety and provides educational programs for fire departments, hospitals, nursing homes, schools, child development centers and assisted living facilities. Comment?
Saturday Aug 22 | via Illinoisreview
Illinois property taxes are now so high that they are equivalent to a second mortgage, according to a new study from the nonpartisan Tax Foundation , a Washington-based tax-research and -education center. The report, which shows the effective property-tax rates in each state, ranks Illinois as the second-highest property-tax state in the U.S. The top spot goes to New Jersey, where the effective property-tax rate is 2.38 percent, barely higher than Illinois' 2.32 percent. Comment?
Thursday Aug 20 | via Daily Herald
The strong summer housing market continued in July as home sales and median prices posted robust gains while the time it took to sell a home declined, according to the Illinois Association of Realtors. In the nine-county Chicago region, home sales, which include single-family homes and condominiums, totaled 12,384 in July, an increase of 9.6 percent from the 11,298 sales in the same month last year. Comment?
Tuesday Aug 18 | via American Reporter
Developments in the United Kingdom and Italy may ease some bon and stock market pressures, but on the eve of an emergency G-7 Finance Ministers' meeting Friday, I will provide them with a list from my money prescription pad, which, like my kids, they will likely ignore. First, how we got here, or rather the last few days of how we got here. Comment?
Saturday Aug 8 | via WTAX-AM Springfield
The Belleville News Democrat reports the housing agency received $30 million from the federal government to help those wanting to buy homes in ten Illinois counties. The housing agency says those who qualify may receive $7,500 in down-payment assistance with an interest rate that could be as low as 4.1 percent for a 30-year, fixed-rate mortgage. Comment?
6 min ago | via Counterpunch
Regular readers of the leftish press have recently been presented with a raft of pleas coming from intelligent and occasionally articulate economists that the Federal Reserve not to raise interest rates. The general point being argued is that interest rates are the price of borrowed money, that raising them serves as a regressive tax because poorer borrowers pay a higher percentage of their incomes in interest expense than do rich people, and that the economy is still not fully recovered and higher interest rates risk sending 'it' lower again. Comment?
16 min ago | via Business Journal
But a new study by NerdWallet , a personal-finance firm based in San Francisco, shows where each state ranks on amassed credit card, student loan and mortgage debt. According to the study, Americans owe $1.19 trillion in student loan debt, $8.12 trillion in mortgage debt and $703 billion in credit card debt. Comment?
17 min ago | via Business Journal
The housing data website's latest report had the rate of foreclosures among outstanding mortgage loans decreased by 0.07 percent over June 2014, sitting at 0.78 percent for the month. The mortgage delinquency rate dipped as well, dropping from 4.93 percent in June 2014 to 4.18 percent this year. Comment?
18 min ago | via Metro
Thousands people may not be paid their wages in the run up to bank holiday because of a technical glitch at HSBC. The bank says it does not yet know how many people are affected or how long it will take to fix the problem. Comment?
24 min ago | via Darlington and Stockton Times
A SCHEME to help people in short term financial difficulties stay in their own homes could soon be adopted in Richmondshire. Known as Breathing Space, it offers interest free short-term loans to people experiencing difficulty paying their mortgage or secured loan repayments - and as a result facing repossession or homelessness. Comment?
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