Freeburg Real Estate News
Tuesday May 19 | via The Pitch
Did a downtown Kansas City developer concoct a ruse in front of a city agency en route to tapping public funds for his project? That's what we wondered after reading a curious story in the Kansas City Business Journal about the development of the Commerce Tower at 9th and Main. The story, which was posted on May 13, described how Commerce Tower Group Inc. appeared before the Tax Increment Financing Commission of Kansas City to request additional subsidies to give Commerce Tower a makeover . Comment?
Monday May 11 | via Missourian
Each week, the Missourian highlights a government record that is available to the public. For a complete list of Show Me the Records, go to http://columbiamissourian.com/records . Comment?
Wednesday May 6 | via Mortgage News Daily
I received this note from a veteran LO in a western state. "I was talking with a top-producing Realtor on broker tour this week. Comment?
Monday May 4 | via Inman News
Although a majority of distressed homeowners are plagued by mortgages that far exceed the actual value of their homes, the number of homeowners with underwater mortgages is shrinking, according to Black Knight Financial Services' latest Mortgage Monitor Report. The mortgage industry technology and data analytics provider said that 77 percent of borrowers in foreclosure have underwater mortgages, and about a third of borrowers in active foreclosure have current loan-to-value ratios of 150 or more, meaning they owe 50 percent more than their homes are actually worth. Comment?
Apr 3, 2015 | via Business Journal
Three St. Louis mortgage lenders ranked in the top 10 in Missouri for total loan originations in 2013, led by USA Mortgage/DAS Acquisition Co. Comment?
8 min ago | via Fire Dog Lake
The Justice Department's latest settlement with felonious big banks was announced this week, but the repercussions were limited to a few headlines and some scattered protestations. That's not enough. Comment?
57 min ago | via Deseret News
According to Remodeling Magazine's 2015 Cost vs. Value remodeling information , the only project type listed for Salt Lake City that shows a return of over 100 percent is replacing your existing front door with a steel door. Very few projects instantly recoup their initial cost. Comment?
12 min ago | via Business Times
A first-quarter economic chill won't deter the Federal Reserve from its plan to raise interest rates this year, Chair Janet Yellen said, assuring investors that the pace of subsequent tightening will be gradual. [RHODE ISLAND] A first-quarter economic chill won't deter the Federal Reserve from its plan to raise interest rates this year, Chair Janet Yellen said, assuring investors that the pace of subsequent tightening will be gradual. Comment?
18 min ago | via The Columbian
As a rapid run-up in home prices is beginning to slow, rents are higher than ever and rising fast, putting up more obstacles for renters who want to become homeowners. The real estate website Zillow says the average home value in the Portland area climbed 4.7 percent over the past year, landing at $282,900 in April. Comment?
21 min ago | via Patch.com
Zillow is teaming up with "The Ellen DeGeneres Show" to boost one lucky winner's down payment on a new house by $25,000. To enter, fill out a short entry form describing "what home means to you." Comment?
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