Stout Real Estate News
Real Estate news for Stout, IA continually updated from thousands of sources.
Tuesday Sep 1 | 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?
Monday Aug 31 | 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?
Wednesday Aug 26 | 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?
Sep 30, 2014 | via Seeking Alpha
As Fairholme has pointed out, there are clear indications of disturbing elements at work-possibly including greed, spite, and ulterior political motives. Fairholme has raised 16 important questions regarding Freddie Mac and Fannie Mae . Comment?
Wednesday Aug 19 | via River Cities' Reader
Editor's note: While the following blog posting from Washington attorney Scott Stafne concerns Washington state jurisdiction, it is still highly instructive for all of us on how the courts contribute to foreclosure inequities, resulting in the destruction of not only the middle class but of property rights under our Constitution. In Washington state, there are thousands of families having their homes fraudulently foreclosed on, most without due process from the courts - which are tasked with protecting due process under the state and federal constitutions. Comment?
13 min ago | via AmericanBankingNews.com
According to Zacks, "Lloyds Banking Group plc, formerly Lloyds TSB Group plc, is a United Kingdom-based financial services company, whose businesses provide a range of banking and financial services in the United Kingdom and a limited number of locations overseas. Headquartered in London, the company operates through three segments: UK Retail Banking, Insurance and Investments, and Wholesale and International Banking. Comment?
13 min ago | via ABC News
Red Rock Island hit the market in 2012 for $22 million before it was slashed to $9 million, but now it can be yours for $5 million. The 5.5-acre property is mostly rock and minerals, and its previous owners boasted of its potential gas reserves. Comment?
15 min ago | via The Cyprus Weekly
The Central Bank of Cyprus has set targets for the banks in an attempt to increase the volume and improve the quality of debt restructurings. Specifically, a Central Bank of Cyprus press release issued on Friday said that these targets concern "four indicators that need to be applied to the whole loan portfolio and to sub-portfolios ", noting that "in order to monitor these targets, banks were asked to submit a quarterly return, the first submission being for the quarter ended 30th June 2015". Comment?
19 min ago | via Investor's Business Daily
One key consideration for prospective homebuyers and investors should be assessing the risk of natural disaster in the area. "In most cases learning about natural disaster risk will not stop a home sale, but it will help buyers make a better-informed decision about where to buy and also be prepared in terms of appropriate insurance coverage and family contingency plans depending on the type of natural disaster risks most affecting the home they end up purchasing," Daren Blomquist, vice president at RealtyTrac, noted in a report released Thursday on U.S. natural disaster housing risk. Comment?
25 min ago | via National Mortgage News
Home Equity Conversion Mortgages are safer than ever, thanks to recent regulatory changes made by the Department of Housing and Urban Development. When applied appropriately, HECMs offer advantages over home equity lines of credit, allowing seniors to postpone tapping other retirement resources by leveraging a tax- and payment-free option that serves as a reserve thereafter. Comment?
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