Stout Real Estate News
Real Estate news for Stout, IA continually updated from thousands of sources.
Sunday Oct 4 | via Reinbeck Courier
The LSB Foundation, on behalf of Lincoln Savings Bank, has committed $15,000 to Wartburg College's Transforming Tomorrow comprehensive campaign in support of the planned Clinton Hall renovation. "Lincoln Savings Bank believes in investing in future generations with our financial support," said Erik Skovgard, the bank's CEO. Comment?
Saturday Oct 3 | via The Atlantic
But the iconic urban centers of America, after reeling in countless generations of young people in the past, are now growing cramped , unpleasant , and absurdly expensive , leading millennials to think twice before committing to life in one of these cities. Some are opting to escape the less-than-ideal conditions of major metropolitan areas altogether. Comment?
Sep 1, 2015 | via Housing Wire
Home prices nationwide, including distressed sales, increased by 6.9% in July 2015 compared with July 2014, according to CoreLogic. On a month-over-month basis, home prices nationwide, including distressed sales, increased by 1.7% in July 2015 compared with June 2015 . Comment?
Aug 31, 2015 | via KCCI-TV Des Moines
More than a 100 tenants who rely on rental assistance from the USDA are in danger of losing their homes. In Iowa, the Rural Development Program provided more than $20 million in rent assistance last year, but Congress added a budget restriction this year that's impacting the tenants. Comment?
Aug 26, 2015 | via KFOR-TV Oklahoma City
A real estate company immediately shut down all open houses across Iowa after one of its agents received a threat. "The caller said they intended to bring harm to the agent and that they'd be seeing her later in the day," said Brian Wentz, CEO for Keller Williams Realty Greater Des Moines. Comment?
3 min ago | via American Reporter
It's hard to resist being gleeful at seeing Wall Street swindler Bernard Madoff get the maximum sentence - 150 years in prison - for bilking investors out of anywhere between $65 billion and $171 billion. Because many of the people whom Madoff ripped off were more renowned than, say, the millions who lost their homes in the subprime mortgage debacle, he has gotten far more attention than he deserves. Comment?
6 min ago | via Korea Herald
Household loans extended by local lenders continued to grow at a fast clip last month, central bank data showed Wednesday, amid strong demand for homes partly helped by record low interest rates. Outstanding household loans extended by local banks reached 615.8 trillion won as of the end of September, up 6.3 trillion won from the previous month, according to the data from the Bank of Korea. Comment?
6 min ago | via New Jersey Herald
JPMorgan Chase & Co. saw its third-quarter profits rise 22 percent from a year earlier, helped by a significant one-time tax benefit. Comment?
1 hr ago | via Sydney Morning Herald
While there's no end of hyperventilating about Westpac's little interest rate nudge, the bigger story is what really drove the bank to raise capital and lift rates: dividends. Sure, capital requirements for banks have been increased, but Westpac seems to view that as a lesser burden than the need to maintain a story of ever-increasing divvies. Comment?
1 hr ago | via The Age
Westpac's move to lift mortgage rates all but guarantees a Reserve Bank rate cut in November, Macquarie Bank says. Macquarie senior economist James McIntyre said he already expected a rate cut next month based on the labour market's deterioration in comparison to the RBA's August forecast. Comment?
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