Waverly Real Estate News
Real Estate news for Waverly, PA continually updated from thousands of sources.
Thursday Jul 2 | via The Citizens' Voice
An FBI agent romantically involved for years with Ellen M. Granahan Goffer, who is state Attorney General Kathleen Kane's sister, is suing her for refusing to pay back a $200,000 loan to buy a home, according to a lawsuit filed in Lackawanna County Court. In the suit, filed last week, FBI agent Jacob J. Wentland III of Dunmore says the loan to Ellen M. Granahan Goffer, a deputy state attorney general, cost him almost his entire "life savings." Comment?
Sunday Jun 28 | via The Times-Tribune
Luzerne and Lackawanna counties have been named among the most affordable places for first-time homebuyers by national real estate data tracking firm RealtyTrac. But real estate watchers say there's two sides to the designation, and it may indicate a weak housing market. Comment?
Jun 3, 2015 | via The Times-Tribune
Lackawanna County commissioners this morning introduced an ordinance to create a land bank designed to fight blight and serve as an economic development tool. Land banks are public authorities with the power to hold and manage land; eliminate tax liens; develop, rehabilitate or demolish lots; and sell, transfer, lease or mortgage properties. Comment?
Apr 5, 2015 | via The Times-Tribune
A representative from the Housing Alliance of Pennsylvania will give a presentation on land banks at city council's public caucus at 5:30 p.m. Thursday at City Hall. Councilmen Bill Gaughan and Wayne Evans hope to create a land bank with Lackawanna County government to battle blight and get vacant properties back on the tax rolls. Comment?
Mar 10, 2015 | via The Times-Tribune
Without help from the Lackawanna County Housing Coalition, Asia Wallace would not be a homeowner, she said Tuesday during the coalition's 20th anniversary celebration. Ms. Wallace, 30, who previously lived in shelters and Section 8 housing, said assistance from coalition members Lackawanna County Housing Authority and NeighborWorks Northeastern Pennsylvania was indispensable in helping her recently buy a home in Taylor, where she lives with her two young children. Comment?
Friday Jun 26 | via The Morning Call
Local foreclosure rates hit a five-year low in April, but activity still remains higher than the national average at least partially because of a judicial process in Pennsylvania that can keep properties in limbo for nearly two years. The Allentown-Bethlehem-Easton region's rate, which measures the percentage of loans in some stage of the foreclosure process in Lehigh, Northampton and Carbon counties along with Warren County, N.J., fell to 2.66 percent in April, down from 3.13 percent one year earlier, according to data released Thursday by CoreLogic, a financial and real estate analytics firm. Comment?
Monday Jun 22 | via Insider Monkey
Long Pond Capital is a New York-based hedge fund led by John Khoury . Khoury, with a degree from Wharton School of Business at the University of Pennsylvania, applies a rigorous bottom-up approach to research and invests primarily in real estate investment trusts , and other real estate-related companies. Comment?
Thursday Jun 18 | via National Mortgage News
Housing and property data provider RealtyTrac reported 126,868 foreclosure filings last month, the highest level of activity in 19 months, driven mainly by bank repossessions and a 5% year-over-year increase in scheduled foreclosure auctions. According to the U.S. Market Foreclosure Report, foreclosure filings in May rose 1% from the previous month and saw a 16% year-over-year increase. Comment?
Wednesday Jun 17 | via Natl. Relocation & Real Estate
RealtyTracA recently released its May 2015 U.S. Foreclosure Market Reporta , which shows foreclosure filings-default notices, scheduled auctions and bank repossessions-were reported on 126,868 U.S. properties in May 2015, up 1 percent from the previous month and up 16 percent from a year ago to a 19-month high. The U.S. foreclosure rate in May was one in every 1,041 housing units with a foreclosure filing. Comment?
Tuesday Jun 16 | via Business Wire
As announced previously on December 15, 2014, under the terms of the Merger Agreement, LNB Bancorp Inc. shareholders will be entitled to elect to receive either 1.461 shares of Northwest Bancshares, Inc. common stock or $18.70 in cash for each common share of LNB Bancorp, Inc., subject to an overall allocation of exchanged shares into 50% cash and 50% stock. The companies expect to complete the merger on August 14, 2015, subject to the satisfaction of customary closing conditions. Comment?
17 min ago | via This Is Money
Large parts of England's countryside could become 'pensioner pockets' in a few years time as soaring property values price out many young people and families from the areas where they grew up, new research suggests. A shortage of affordable homes in England's rural areas means that the cost of buying a home in 90 per cent of these zones costs eight times the average local salary, the National Housing Federation said. Comment?
18 min ago | via Swindon Advertiser
The company has recorded an increase in off-plan purchases across the region as buyers look to satisfy growing wish-lists. Michele Rose, regional sales director for Bloor Homes South West, said: "We are seeing plots being snapped up more quickly than at any time since the recession. Comment?
20 min ago | via Cape Gazette
Jason Giles, left, congratulates Matt Brittingham for being identified as a 2014 leading residential real estate sales professional by the Realty Alliance. The Rehoboth sales center staff of Patterson-Schwartz Real Estate congratulate Matt Brittingham and John Rishko on being identified as 2014 leading residential real estate sales professionals by the Realty Alliance. Comment?
30 min ago | via Mortgage News Daily
Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: If you've been following the MBS Commentary, you know what a big deal this afternoon could be . Markets have been preparing for it for weeks and MBS Live members have been on top of those movements every step of the way. Comment?
43 min ago | via Business Journal
Iberiabank sold a handful of vacant repossessed properties in Miramar and Pembroke Pines at a 20 percent discount. Comment?
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