Desoto Real Estate News
Real Estate news for Desoto, MO continually updated from thousands of sources.
Wednesday Jul 20 | via National Mortgage News
The Federal Housing Administration released lender guidance spelling out the circumstances under which it will insure mortgages on properties encumbered by Property Assessed Clean Energy liens similar to tax assessments. PACE financing has been a point of contention between mortgage lenders and the municipalities and private companies that make them. Comment?
May 30, 2016 | via Inman Real Estate News
The Pending Home Sales Index was up 1.4 percent to 110.5 in March from 109.0 in February. After last month's slight gain, the index has increased year-over-year for 19 consecutive months and is at its highest reading since May 2015 . Comment?
May 26, 2016 | via Inman Real Estate News
The average interest rate on all mortgage loans was 3.75 percent, down 1 basis point from 3.76 in March. The average interest rate on conventional, 30-year, fixed-rate mortgages of $417,000 or less was 3.94 percent, down 1 basis point from 3.95 in March. Comment?
May 11, 2016 | via Tax Foundation
Today is May 11, the day Minnesota became a state in 1858. Minnesotans pay 10.8 percent of their income in state and local taxes, the 8th highest in the nation. Comment?
May 9, 2016 | via DigitalBURG
Proponents of initiatives aimed at sales taxes, cigarette taxes and medical marijuana submitted petitions Sunday in hopes of getting their proposals on the November ballot in Missouri. The petitions submitted Sunday involved two proposed constitutional amendments, one that would prohibit state and local governments from charging sales tax on any services that weren't already taxed as of 2015, and another that would allow the use of marijuana for medical purposes. Comment?
12 min ago | via The Arizona Republic
Canadians, investors poised for big profits selling metro Phoenix homes Analyst says it could be sell time for two big groups of metro Phoenix homeowners. Check out this story on azcentral.com: http://azc.cc/2aayNs9 Many Canadians and institutional investors are selling former foreclosures homes across metro Phoenix now or seriously considering it, and the savvy buyers are poised to make a lot of money if they do. Comment?
21 min ago | via The Motley Fool
As low interest rates punish savers, more investors are turning to monthly dividend stocks to generate income from their investment portfolios. The seven stocks and exchange-traded funds distribute dividends monthly, providing a reliable income stream on a current basis. Comment?
31 min ago | via Castanet.net
British Columbia's Liberal government must walk a fine line between creating affordable housing and causing a crash, as real estate prices loom large over next year's election, experts say. The legislature is set to convene Monday to debate changes to Vancouver's charter that would allow the city to create a tax on vacant homes. Comment?
34 min ago | via Castanet.net
U.S. politics: The Democratic National Convention begins in Philadelphia on Monday. Republican nominee Donald Trump has promised he will renegotiate the North American Free Trade Agreement and does not support the Trans-Pacific Partnership trade deal, which has yet to take affect. Comment?
1 hr ago | via The Real Deal
It hasn't been this tough to be in the housing market since the financial crisis. To recap the problem, the supply of housing, especially in the affordable entry-level segment, is not keeping up with huge demand from first-time buyers and existing homeowners looking to upgrade. Comment?
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