Rothschild Real Estate News
Real Estate news for Rothschild, WI continually updated from thousands of sources.
Tuesday Feb 21 | via National Mortgage News
On the heels of a record-setting year for sales of existing homes in Wisconsin, January's market kept the momentum going in 2017 by posting the most sales for that month since 2005. But it appears a shortage of properties for sale - the only thing standing in the way of even better sales last year - is persisting into the new year. Comment?
Jan 18, 2017 | via Daily Jefferson County Union
The Jefferson Common Council on Tuesday authorized a $500,000 loan to help finance developing new housing units at the former site of Jefferson Wood Products Inc. and Foremost Buildings Inc. "We haven't done a project for quite some time," City Administrator Tim Freitag told the council, noting that the city loan fund contains about $500,000. "Quite honestly, we were saving that money to do a project like this that probably happens once every 15 or 20 years in a community like ours." Comment?
Jan 5, 2017 | 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?
Dec 28, 2016 | 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?
Dec 23, 2016 | 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?
10 min ago | via Daily Political
They currently have $9.25 target price on the stock. According to Zacks, "MFA Mortgage Investments, Inc. operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. Comment?
13 min ago | via The Tribune
When Republicans say they want to lower taxes and get rid of loopholes to make up the lost revenue, they're talking about eliminating some very popular tax breaks enjoyed by millions of people. That's why making big changes to tax laws is so hard - and why it hasn't been done for 30 years. Comment?
16 min ago | via Nottingham Evening Post
The Bank of England's decision to cut the interest base rate to 0.25 per cent - a new record low - combined with ongoing competition between mortgage lenders is resulting in cheaper fixed rate mortgages, which in turn is leading to a housing market boost. Statistics from the New Home Group show that a handful of high street lenders are offering fixed term mortgages below two per cent for five and seven years. Comment?
26 min ago | via The Washington Post
If some American banks are too big to fail, others have begun to feel they're too small to succeed. Just ask Joey Root, the president of First Liberty Bank in Oklahoma City with $310 million in assets. Comment?
26 min ago | via South China Morning Post
The government owned Hong Kong Mortgage Corporation will offer a public annuity scheme as early as next year to allow retirees to invest a lump sum below HK$300,000 in exchange for a stable monthly income until their death. HKMC chief executive Raymond Li Ling-cheung said on Monday the proposed plan will go to the board for approval before the end of June. Comment?
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