Hurley Real Estate News
Real Estate news for Hurley, WI continually updated from thousands of sources.
Thursday Jan 5 | via National Mortgage News
Mortgage foreclosures, the dreaded scourge of the residential real estate market during the Great Recession and its aftermath, appear to have retreated to their lowest levels since the 1990s in Wisconsin. After peaking at 28,500 in 2009, foreclosure filings in 2016 totaled roughly a fourth of that amount, said Russell Kashian, a University of Wisconsin-Whitewater economics professor who tracks foreclosures in the state. Comment?
Wednesday Dec 28 | via Daily Journal/Sunday Journal
Jim Griffin, president of Griffin Automotive stores in Milwaukee and Waukesha, says the prospect of higher interest rates is not likely to impact the car business heading into 2017. Jim Griffin, president of Griffin Automotive stores in Milwaukee and Waukesha, says the prospect of higher interest rates is not likely to impact the car business heading into 2017. Comment?
Friday Dec 23 | via Independent Register
Wisconsin's exceptionally robust housing market continued in November with both sales and median prices rising by significant margins, according to the most recent analysis of existing home sales by the Wisconsin REALTORSA Association . November sales rose 19 percent compared to November 2015, setting a new sales record for the month. Comment?
Wednesday Dec 21 | via Daily Jefferson County Union
The Jefferson Common Council on Tuesday was updated on the redevelopment of the property formerly known as Jefferson Wood Products Inc. and Foremost Buildings, Inc. Gorman and Company Inc., Oregon, is looking to develop the existing structure, located at 134-138 W. Candise St., in Jefferson, as a workforce housing apartment building for approximately 36 one-, two- and three-bedroom loft-style units. "This is a great project," City Administrator Tim Freitag said. Comment?
Monday Dec 19 | via Door Reminder
Wisconsin housing market builds year-end momentum Wisconsin November homes sales jumped 19% and prices rose 8% from the same time last year. Check out this story on greenbaypressgazette.com: http://on.jsonl.in/2i7nOPN Sales of homes in Wisconsin rose 19% in November from the same month in 2015, keeping the state on pace for its best sales year in more than a decade. Comment?
5 min ago | via Reuters
Deutsche Bank has finalised a $7.2 billion settlement with the U.S. Department of Justice over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis. But, as Ivor Bennett reports, the banks troubles aren't over yet. Comment?
6 min ago | via Forbes.com
There's no question that today's technology can make it harder to be disciplined about saving for the future. If you have a smartphone and use it, you're bombarded with ads day and night; you know the temptation to make a purchase today is greater than ever. Comment?
7 min ago | via NorthJersey.com
U.S. accuses JPMorgan of mortgage discrimination in lawsuit The U.S. said the bank overcharged "thousands" of black, Hispanic borrowers. Check out this story on northjersey.com: http://usat.ly/2jyGw78 The U.S. government filed a lawsuit Wednesday accusing JPMorgan Chase of discriminating against "thousands" of black, Hispanic mortgage borrowers from 2006 through 2009. Comment?
16 min ago | via WAFB-TV Baton Rouge
Deutsche Bank is cutting its managers' bonuses for 2016, saying Wednesday that it needs to take "tough measures" in light of the company's performance and a settlement with the U.S. Justice Department. The management board said in a message to employees that vice presidents, directors and managing directors will receive group variable compensation but no individual bonuses for the financial year. Comment?
9 min ago | via The Cyprus Weekly
Wilbur Ross, President-elect Donald Trump's nominee for Commerce Secretary, has pledged to sell his stake in his main private equity firm and resign from corporate boards but will keep his interests in mortgage lending and shipping. In an ethics agreement published on Tuesday, the billionaire investor vowed to sell shares in Invesco Ltd, the parent company of W.L. Ross & Co, valued at up to $50 million. Comment?
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