Elk Real Estate News
Mar 26, 2015 | via MarketWatch
If you have Gonzaga University winning your March Madness men's basketball bracket, you might just be a good real estate investor. Irvine, Calif.-based RealtyTrac.com set up its own NCAA men's bracket challenge for the 16 remaining teams in the tournament, using real estate data based on where the schools are located instead of basketball-based statistics. Comment?
Feb 12, 2015 | via Spokane Journal of Business
The total value of Spokane-area building permits fell sharply last year compared with a year earlier, but some sources monitoring the construction industry say that perhaps the bar was artificially high in 2013. Building permit values for last year in Spokane County and the cities of Spokane and Spokane Valley totaled $739.2 million, down 28 percent from a record permit valuation of $1.03 billion in 2013, records from the three jurisdictions show. Comment?
Dec 18, 2014 | via Spokane Journal of Business
Most economic sectors in the Inland Northwest experienced growth this year, and even those that faced challenges are somewhat optimistic about 2015. The overall job market in Spokane County improved as the average employment rate for the year fell to 6.2 percent, from 7.9 percent last year and 8.8 percent in 2012. Comment?
Dec 6, 2014 | via The Spokesman-Review
Receive FREE access by logging in to or creating your Spokesman.com account. November home sales in Spokane County typically sag compared to prior months, and that held true this year; 455 homes sold in November, 107 fewer than the month before. Comment?
Nov 13, 2014 | via KHQ-TV Spokane
If you're looking to rent a home in the area, the Spokane County Sheriff's Office has a warning for you. Recently the department received a report of a rental scam. Comment?
Thursday Apr 30 | via Mortgage News Daily
Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. WASHINGTON, - U.S. labor costs rose solidly in the first quarter as wages in the private sector increased, which could keep the Federal Reserve on track to raise interest rates this year. Comment?
Tuesday Apr 21 | via The Washington Post
The Federal Reserve would be at the helm of a reorganized regulatory system eliminating the Office of the Comptroller of the Currency and combining other agencies in a plan released Monday by the Volcker Alliance, a group formed in 2013 by the former central bank chairman. In a report outlining the plan, the group described its aim as a simpler, clearer and more adaptive regime. Comment?
Friday Apr 17 | via Journal Gazette
Washington State Auditor Troy Kelley, the elected official charged with rooting out government fraud and waste, pleaded not guilty Thursday after a federal grand jury indictment charged him with filing false tax returns, attempted obstruction of a civil lawsuit and possession of more than $1 million in stolen property related to his former ... (more) Comment?
Thursday Apr 16 | via KNUS-AM Aurora
Washington State Auditor Troy Kelley, the elected official tasked with rooting out government fraud and waste, has been indicted by a federal grand jury on charges of filing false tax returns, attempted obstruction of a civil lawsuit and possession of stolen property. The 41-page indictment was unsealed Thursday, alleging various misdeeds by Kelley in connection with mortgage title services companies he previously ran. Comment?
Thursday Apr 16 | via Business Journal
OB Jacobi , Windermere Real Estate president, has been working for several years to help launch a residential real estate program at the University of Washington. He spoke at the Puget Sound Business Journal's 35th Anniversary Roundtable discussion last week. Comment?
8 min ago | via NBC Chicago
Cicero takes first place in a survey of the Chicago-area suburbs hardest to purchase homes in, according to a Crain's report using data from Midwest Real Estate Data LLC and the Chicago Association of Realtors. As of March 31, Cicero only had 1.8 months' worth of inventory for homes on the market. Comment?
13 min ago | via Patch.com
As the demand for luxury condominiums continues to intensify, The Residences at W Atlanta - Downtown confirms yet another condominium home sale, leaving only two remaining for purchase. The spectacular two-story, 3,443-square-foot penthouse, sold for $1.2 million, the highest price paid for a downtown condo this year. Comment?
20 min ago | via The Las Vegas Sun
A program started during the recession to save homes for residents who could not make mortgage payments might soon come to an end. A legislative budget subcommittee voted Wednesday to eliminate the Foreclosure Mediation Program in the next two years because of its declining use. Comment?
24 min ago | via Daily Kos
Wells Fargo employees used customers' private information to open unwanted checking accounts and credit cards in their names, resulting in unexpected fees and damaged credit scores, the city of Los Angeles claimed in a lawsuit filed late Monday. The civil complaint says the largest U.S. mortgage lender encouraged employees to engage in "unfair, unlawful and fraudulent conduct" through a pervasive culture of high-pressure sales, the Los Angeles Times reported. Comment?
29 min ago | via FindLaw
Some older homeowners who perhaps didn't save enough for retirement or are outliving their retirement benefits are turning to reverse mortgages as a way to borrow against the value of their home. While most people understand how a basic mortgage works , a reverse mortgage sounds a bit more confusing. Comment?
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