Lexington Real Estate News
Real Estate news for Lexington, AL continually updated from thousands of sources.
Yesterday | via The Decatur Daily
Area home sales have increased significantly over the past two years, a sign the local housing market is recovering from the recession. Total home sales in Morgan County hit 1,482 in 2016, the highest number of homes sold in the county since 2007, according to a report from the Alabama Center for Real Estate at the University of Alabama. Comment?
Monday | via Alabama Live
WiRE is the acronym "Week in Real Estate" and is digitally published every Saturday morning on al.com. The WiRE is categorized geographically and is designed to help real estate professionals, affiliates and consumers follow all the major news stories that impact real estate in Alabama. Comment?
Thursday Jan 12 | via Alabama Live
On average, health insurance costs are higher in Alabama, they're rising more rapidly, and they account for a bigger chunk of household income than in California. The Alabama/California Conversation Project is a collaboration between Alabama Media Group and Spaceship Media , a journalism nonprofit that facilitates engagement between communities at odds. Comment?
Monday Jan 2 | via Alabama Live
Numbers show that home purchases are up, foreclosure activity is down and a stronger economy has people reentering the real estate market. Increased demand can drive housing prices up, but as 24/7 Wall Street recently discovered, there are some places where real estate is noticeably more affordable than others. Comment?
Nov 22, 2016 | via Seeking Alpha
Ameris has built a focused banking franchise with credible market share in multiple southern Georgia/northern Florida markets and growth-oriented lending lines like agriculture, mortgages, and SBA lending. Expenses and credit have historically skewed high, but economic improvement and better underwriting is improving the credit numbers as "growing into" the business improves expense leverage. 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?
8 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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