El Paso Real Estate News
Real Estate news for El Paso, TX continually updated from thousands of sources.
Monday Feb 6 | via National Mortgage News
Thousands of El Paso County homeowners don't have mortgages on their homes, which means they pay their own property taxes and also likely have more spendable income - which might provide a boost for area retailers, an expert said. The fact that many El Pasoans don't have a mortgage came to light in the past few weeks as several hundred homeowners rushed to the city's Consolidated Tax Office in Downtown El Paso to pay their 2016 property taxes by the Jan. 31 payment deadline. 3 comments
Jan 6, 2017 | via Remodeling
This is the 30th anniversary of when we first published Cost vs. Value , and our goal remains the same: to give you and your customers an unbiased, third-party report on how much it really costs for a professional to do a typical remodeling project, as well as how much a real estate pro believes that project will increase a home's value if it's sold within a year of when the work was completed. By dividing the project's value into its cost, you and your customers get a sense of how much bang for the buck you're generating as a result. Comment?
Dec 7, 2016 | via AmericanBankingNews.com
They currently have a $97.00 price target on the stock, up from their previous price target of $86.00. This article was originally published by and is the sole property of American Banking News. Comment?
Nov 29, 2016 | via GlobeNewswire
Hunt Mortgage Partners, LLC, a wholly owned subsidiary of Hunt Mortgage Group and a leader in financing commercial real estate throughout the United States, today announced it provided financing to facilitate the acquisition and moderate rehabilitation of a multifamily portfolio located in El Paso, Texas. The total investment was $5.2 million. Comment?
Nov 9, 2016 | via Business Wire
T... )--Lazard World Dividend & Income Fund, Inc. , a closed-end investment company, announced today that its Board of Directors has approved a stock r... )--Fitch Ratings has assigned a 'AA' rating to the following city of Richmond, VA revenue bonds: --$500 million public utility revenue and refunding bonds, series 2016A. Comment?
13 hrs ago | via Austin American-Statesman
We've all heard before how expensive it is to buy a home in Austin. A new ranking reveals just how much buyers might need to make for a slice of Texas capital property. Comment?
15 hrs ago | via Dallas Morning News
It was the second year in a row that the Lone Star State's housing market reached an all-time high, according to a new report by the Texas Association of Realtors. "Strong gains in end-of-year home sales activity were a key factor in making 2016 another record year for Texas real estate," said Vicki Fullerton, chairman of the Texas Association of Realtors. Comment?
18 hrs ago | via Mortgage News Daily
Through the wonders of modern air travel, I find myself in Miami. But everywhere, in front of the grocery stores, in truly exciting news, are reminders that it's Girl Scout Cookie season. Comment?
Friday Feb 17 | via The Hill
Over the last decade, rooftop solar panels in my home state of Texas, and around the United States, have proliferated. This is due to many factors, including that many Americans want to reduce their carbon footprint and save money on their electric bill. Comment?
Friday Feb 17 | via Trenton Downtowner
The Howard Hughes Corporation has proposed an ambitious mixed-use development plan with nearly 2,000 residential units and more than 1.3 million square feet of commercial space. Comment?
6 min ago | via Norwalk Citizen News
A Maryland man has pleaded guilty in federal court to his role in a scheme to bilk Connecticut homeowners facing foreclosure out of thousands of dollars by falsely promising to buy their homes and pay off their mortgages. Bradford Barneys, of Odenton, Maryland, pleaded guilty on Tuesday to conspiracy to commit mail and wire fraud. Comment?
9 min ago | via Silicon Alley Insider
Lloyds Banking Group reported a drop in underlying profits and income for 2016 as well as a huge A 2.1 billion spent on conduct charges. PPI was a form of insurance intended to pay out if consumers failed to make payments on their loans. Comment?
42 min ago | via The Age
Private-sector wage growth has slid to a record low of just 1.8 per cent, throwing into doubt budget projections and confounding the Reserve Bank, which would prefer not to have to cut interest rates again and run the risk of reigniting house prices. Reserve Bank governor Philip Lowe identified house prices as a block on further interest-rate cuts on Wednesday, telling a business gathering that he hoped current rates would "generate stronger growth and we can avoid a further upward pressure on housing prices". Comment?
10 min ago | via The Washington Post
Lloyds Banking Group Plc, Britain's largest mortgage lender, swung to a fourth-quarter profit even as it faced more than 700 million pounds of conduct and restructuring charges. Pretax profit was 973 million pounds, compared to a loss of 507 million pounds a year earlier, the London-based bank said in a statement Wednesday, falling short of analysts' estimates for 1.38 billion pounds. Comment?
17 min ago | via Inman Real Estate News
In January, the market potential for existing-home sales fell by 1.9 percent compared with a year ago, a decline of 107,000 sales. Currently, potential existing-home sales is 328,000 or 13.8 percent below the pre-recession peak of market potential, which occurred in July 2005. Comment?
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