Waverly Real Estate News
Real Estate news for Waverly, OH continually updated from thousands of sources.
Yesterday | via Inman Real Estate News
An August report from the U.S. Department of Labor showed the second consecutive month of strong employment growth, stable unemployment and higher wages. The report, noting that 255,000 jobs were added in July, signifies continued economic recovery following a spring of weaker-than-expected growth, eight years removed from the financial crisis of 2008. Comment?
Wednesday | via Credit.com
It took nearly a decade, but the foreclosure crisis created by the housing bubble seems to have finally receded. ATTOM Data Solutions, which gathers information on housing trends, reported that default notices, auctions and bank repossessions fell 24% in September, compared to a year ago. Comment?
Sunday Oct 16 | via The Columbus Dispatch
For the first eight months of the year, Obetz home sales were up almost 80 percent over the same period of 2015, compared with 5 percent for the Columbus area. About 1,000 new home lots are platted in Obetz. Comment?
Thursday Oct 13 | via Crain's Cleveland Business
There were 3,801 Ohio properties with foreclosure filings in September - down 22 percent from August, and down 36 percent from the same month a year ago, according to RealtyTrac's latest foreclosure report released Thursday. That meant one in every 1,351 Ohio households had some sort of foreclosure filing last month, such as a default notice, scheduled auction or bank repossession, ranking the state No. Comment?
Tuesday Oct 11 | via The Verona-Cedar Grove Times
A federal appeals court has ruled that the structure of a U.S. consumer watchdog agency is unconstitutional because it gives too much power to a single agency director. The ruling issued Tuesday said the way the Consumer Financial Protection Bureau is organized violates the Constitution's separation of powers because it limits the president's ability to remove the director who heads the agency. Comment?
8 min ago | via The Daily Courier
The federal government formally launched consultations Friday to explore potential changes that would shift some of the financial risk tied to insured mortgages from the shoulders of taxpayers to lenders, such as the banks. Under Canada's current system, lenders are able to transfer virtually all of the risk from insured mortgages to insurers, which are indirectly backstopped by taxpayers, the government said. Comment?
29 min ago | via Reuters
Oct 21 Canada's finance department laid out possible ways to spread mortgage risk on Friday, kicking off consultations to force lenders to take on more responsibility for the loans they dole out amid fears the nation's hot housing market could end badly. The call for submissions to change the way mortgage risk is shared between banks and insurers - including the government-backed Canada Mortage and Housing Corp - comes after criticism from the IMF and OECD that taxpayers could be on the hook if a U.S.-style housing collapse happened in Canada. Comment?
32 min ago | via SFGate
Thirty-year and 15-year fixed mortgage rates notched down a bit, while 5/1 ARM loan rates rose just a hair on Friday, according to a NerdWallet survey of mortgage rates published by national lenders this morning. In its monthly outlook report released on Thursday, Freddie Mac said that housing is still part of a slowly improving economy but that refinancing won't pitch in as much money next year as it did this year. Comment?
37 min ago | via Business Times
Credit Suisse Group AG agreed to pay 109.5 million euros to Italian authorities investigating the bank's past use of insurance policies, allegedly to help clients evade taxes. [ZURICH ] Credit Suisse Group AG agreed to pay 109.5 million euros to Italian authorities investigating the bank's past use of insurance policies, allegedly to help clients evade taxes. Comment?
39 min ago | via Washington Blade
Let's be honest: Most of you put more time and energy into finding a hairdresser than you do into choosing your Realtor. Think I'm kidding? I'm not! How many of you would dare go to the first available stylist at a hair salon you just wandered into? Not many! Yet, time and again, we meet people who choose their Realtors exactly that way. Comment?
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