Eastover Real Estate News
Real Estate news for Eastover, NC continually updated from thousands of sources.
Oct 29, 2015 | via GlobeSt.com
Flipping activity was slow last year, but investors have jumped back on the flipping bandwagon says Daren Blomquist, VP at RealtyTrac. IRVINE, CA- RealtyTrac has released its Q3 2015 U.S. Home Flipping Report, which shows that 43,197 single family homes and condos were flipped - sold as part of an arms-length sale for the second time within a 12-month period - in the third quarter of 2015, 5% of all single family home and condo sales during the quarter. Comment?
Oct 28, 2015 | via Natl. Relocation & Real Estate
Home flipping is hot again, according to recent news from RealtyTracA 's Q3 2015 U.S. Home Flipping Report, which shows that 43,197 single family homes and condos were flipped- sold as part of an arms-length sale for the second time within a 12-month period-in the third quarter of 2015, 5.0 percent of all single family home and condo sales during the quarter. The 5.0 percent share in the third quarter was down 7 percent from a 5.4 percent share in the second quarter but up 18 percent from a 4.3 percent share in the third quarter of 2014-when the share of U.S. homes flipped hit the lowest quarterly level going back to the first quarter of 2000, the earliest RealtyTrac has data on flipped homes. Comment?
Monday Feb 8 | via Time
Quicken Loans is taking flack for its Super Bowl ad, which focused on a new website, Rocket Mortgage, designed to make it easier to get a mortgage, so easy that you can do so on your phone. Critics are saying that by making mortgages seem like a scroll and click proposition, Quicken is being tone-deaf about the 2008 subprime crisis. Comment?
Monday Feb 8 | via The Mecklenburg Times
North Carolinians will benefit from HSBC Holdings' $470 million settlement of charges of abusive mortgage practices, according to N.C. Attorney General Roy Cooper. As part of the agreement, HSBC is required to provide borrowers around the nation $370 million in loan modifications or other relief, including refinancing at reduced rates, deficiency waivers, forbearances for unemployed borrowers, and deeds in lieu of foreclosure. Comment?
Friday Jan 29 | via MetaFilter
Margaret Sugg, Nancy Fassett, and Barbara Fletcher moved into a group house together in the 1960s and have lived together ever since , renting a row house in Georgetown, DC; buying a home in the Maryland suburbs, and then retiring together to a nearby retirement community. They all grew close to each other's families - acting as doting aunts to various nieces and nephews-and became famous among their friends and neighbors for their frequent house parties, as well as their "Magical Mystery Weekends." Comment?
Tuesday Jan 26 | via Rocky Mount Telegram
U.S. home prices increased at a faster clip in November, the gains fueled by solid hiring growth, historically low mortgage rates and a shortage of houses on the market. The Standard & Poor's/Case-Shiller 20-city home price index rose 5.8 percent from a year ago, up from a 5.5 percent pace in October, according to a Tuesday report. Comment?
Tuesday Jan 26 | via KTMF
On Tuesday, Jan. 26, 2016, Standard & Poor's releases the S&P/Case-Shiller index of home prices for November. WASHINGTON - U.S. home prices increased at a faster clip in November, the gains fueled by solid hiring growth, historically low mortgage rates and a shortage of houses on the market. Comment?
Monday Feb 8 | via CKNW News Talk 980
The controversial real estate technique was uncovered in a bombshell Globe and Mail investigation this weekend, and has renewed the debate over what's driving housing prices in Vancouver. It allows realtors and investors to flip a property multiple times before a sale is even complete, jacking up the price along the way. Comment?
Monday Feb 8 | via AmericanBankingNews.com
According to Zacks, "Blackstone Mortgage Trust, Inc. is a real estate investment trust. It operates as a real estate finance and investment management company. Comment?
Monday Feb 8 | via AmericanBankingNews.com
According to Zacks, "Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Comment?
Monday Feb 8 | via Seeking Alpha
Two Harbors Investment's stock is down ~26% over the last year as income investors turned their backs on the mortgage investment sector. Two Harbors retains potential to grow servicing income, though, and has a history of earning excess returns compared to the Pine River Mortgage REIT Index. Comment?
Monday Feb 8 | via The Globe and Mail
Vancouver MLA David Eby called for an independent inquiry Sunday. He credits The Globe investigation for pushing the government into doing something concrete about Vancouver's real estate woes. Comment?
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