El Paso Real Estate News
Real Estate news for El Paso, TX continually updated from thousands of sources.
Saturday Sep 19 | via Wall Street Journal
Two of the largest U.S. home builders are redoubling their push into the rental-apartment market, despite concerns the red-hot segment is getting overbuilt. Upscale builder Toll Brothers Inc. has said it intends to expand its apartment-development division, a three-year-old venture that so far has focused on the Boston-to-Washington, D.C., corridor, to build projects across the U.S. In all, Toll plans to double its equity investment in the division to up to $300 million. Comment?
Wednesday Sep 9 | via El Paso Times
The El Paso owner of the Hilton Garden Inn at UTEP has received a $14.4 million mortgage loan to refinance debt and pay for future improvements. El Paso-based TVO Groupe has received a $14.4 million refinancing mortgage loan for its 153-room Hilton Garden Inn at the University of Texas at El Paso, reported Holliday Fenoglio Fowler, or HHF, a Pittsburgh real estate services company, which helped get the loan. Comment?
Sep 2, 2015 | via El Paso Times
The number of El Paso homes with foreclosure filings increased 49 percent in the first seven months of the year compared to the same period in 2014, according to recently released data from RealtyTrac. El Paso had 1,151 homes in some stage of foreclosure from January through June, an increase of 380 homes compared to the same period in 2014. Comment?
Aug 28, 2015 | via El Paso Times
COURTESY PHOTO The sign in front of the Coldwell Banker Legacy office in West El Paso has a welcome message for the acquisition of the Prudential BKB Realtors office in El Paso. Prudential BKB Realtors, a 37-year-old El Paso real estate firm, has been sold for an undisclosed amount to Coldwell Banker Legacy, an Albuquerque-based real estate company with two El Paso offices, the companies reported Friday. Comment?
Aug 22, 2015 | via El Paso Times
Murchison Park, just below Scenic Point on Scenic Drive, opened in August 1963. DEAR TRISH >> I enjoyed your piece on Scenic Drive and was wondering what else you might be able to tell me about the park on Scenic named Murchison Park. 2 comments
Aug 22, 2011 | via American Reporter
I am a believer in dreams, and when I had a waking dream a few days after the S&P downgrade of our national debt of President Obama packing his bags and leaving the White House, I was saddened for him and for my country. But the great thing about dreams, if they are truly predictive, is that they give you time to change the future, and I'm going to try doing that with this advice. Comment?
19 hrs ago | via Inman Real Estate News
Home prices are well above historic norms in oil-dependent markets, but that trend may shift in the opposite direction. Five Texas metros and three states that are oil-dependent remain at a high risk for home price declines over the next two years. Comment?
21 hrs ago | via Dallas Morning News
It can be especially daunting for first-time homebuyers in today's overheated market. Demand outstrips supply, prices are high, and mortgage rates are rising. Comment?
Yesterday | via Housing Wire
Defying the threat of a White House veto , the House on Wednesday afternoon passed bipartisan legislation to help homebuyers avoid delays and disruptions when closing on their new homes by a bipartisan vote of 303-121. The bill, the Homebuyers Assistance Act , provides a four-month grace period for businesses that are working in good faith to comply with a new 1,888-page rule from the Consumer Financial Protection Bureau that went into effect Oct. 4. The industry, including the National Association of Realtors , Mortgage Bankers Association , and more than a score of other trade associations, support the bill. Comment?
Monday Oct 5 | via Business Wire
GSMS 2015-GC34 is an $848.4 million CMBS conduit transaction collateralized by 56 commercial mortgage loans secured by 75 properties. The underlying collateral properties are located in 19 states, with three states representing more than 10.0% of the pool balance, Texas , New York , and Illinois . Comment?
10 min ago | via Switched
Tsipras's coalition with Independent Greeks is akin to Bernie Sanders forming a government with Sarah Palin. It should be obvious how this is going to end. Comment?
17 min ago | via Silicon Alley Insider
Consumers aren't dialing in to try and repair their credit woes lately, so much as they're going online to get new loans and refinancings. Online lending is already big, but the inflow of funds from large investors into the sector could make it huge. Comment?
24 min ago | via WJNO
What we all can learn from Steve Jobs, Why you've thought about risk incorrectly & what good & bad risk really is, Who the Presidential nominees would be today & more: Today's entry: Hi Brian, I know you're a big advocate of home ownership and I understand why. My issue is that my husband and I were badly hurt during the housing crisis, lost our home, and just recently got fully back on our feet financially. Comment?
35 min ago | via Market Wire
STORAGEVAULT CANADA INC. is pleased to announce that, further to its news releases dated December 5, 2014, March 5, 2015, April 22, 2015, April 29, 2015 and September 9, 2015, it has completed the closing of the acquisition of the second tranche of certain of the self-storage assets and business of Access Self Storage Inc. . Comment?
43 min ago | via Hampton Roads Daily Press
Christine Estabrook returns as Marcy the evil property peddling real estate agent. Newcomers Cheyenne Jackson is the new Hotel Cortez owner, Will Drake, and Lyric Lennon plays his son, Lachlan Drake. Comment?
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