Webster Groves Real Estate News
Real Estate news for Webster Groves, MO continually updated from thousands of sources.
Jan 21, 2015 | via Customer Interaction Solutions
Fitch Ratings has affirmed the 'BB' rating on the following St. Louis County Industrial Development Authority bonds, issued on behalf of Nazareth Living Center : The bonds are secured by a pledge of gross revenues, a first mortgage lien, and a debt service reserve fund. BOOST FROM ILU PROJECT: NLC's financial performance improved in fiscal 2014, in part resulting from successful occupancy and revenue from its 50-ILU expansion completed in 2013. Comment?
Jan 19, 2015 | via Times of Oman
Earlier this month, the Pew Research Centre released a study that found that most wealthy Americans believed "poor people today have it easy because they can get government benefits without doing anything in return." This is an infuriatingly obtuse view of what it means to be poor in the United States - the soul-rending omnipresence of worry and fear, of weariness and fatigue. Comment?
Jan 10, 2015 | via KRCG-TV Jefferson City
The fatal Ferguson police shooting is forcing St. Louis real estate agents to again confront thorny issues of race and housing segregation that shaped the region's growth for decades before Michael Brown's death five months ago. More than 200 housing industry workers, bankers and community organizers packed a west St. Louis County conference room Friday for a discussion hosted by the St. Louis Association of Realtors on the "Ferguson impact." Comment?
Dec 26, 2014 | via Business Journal
Rainbow Village, a nonprofit that finds housing for people with developmental disabilities, is purchasing eight homes across St. Louis County for $1.1 million. Michael Rea, Rainbow Village's executive director, said in an interview that the purchase was unprecedented for the organization, founded in 2003. Comment?
Dec 7, 2014 | via Lifestyles
The economic toll of the unrest in Ferguson, Mo., might not be apparent for some time - but some early data indicates an effect on real estate in the area. Statistics culled from home sales in the municipality over the last six months point to a shift since mid-August, when protests and riots followed the police shooting of an unarmed teenager. Comment?
Tuesday Feb 17 | via The Joplin Independent
During the sixth week of session, we saw significant movement on a number of important pieces of legislation. On Wednesday , legislation designed to attract technology businesses and data storage center facilities to Missouri was perfected by the Senate. Comment?
Friday Feb 13 | via Star Tribune
Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Kristen Leigh Painter. On Feb. 1, Tim Carl succeeded Dan Avchen, who had been the company's CEO since 1996 and will now focus on strategic planning. Comment?
Wednesday Feb 4 | via Star-Telegram.com
The immensely powerful Standard & Poor's credit rating agency will pay a whopping $1.375 billion to settle charges brought by 19 states, the District of Columbia and the federal government, Attorney General Eric Holder announced Tuesday. Flanked by officials, including Mississippi Attorney General Jim Hood, who filed an early lawsuit against S&P in 2011, Holder called the global settlement proof that "no financial institution, at home or abroad, is too powerful to be held accountable for wrongdoing." Comment?
Tuesday Feb 3 | via McClatchy
Flanked by officials, including Mississippi Attorney General Jim Hood, who filed an early lawsuit against S&P in 2011, Holder called the global settlement proof that "no financial institution, at home or abroad, is too powerful to be held accountable for wrongdoing." "S&P claimed that its ratings were independent, objective and not influenced by the company's relationship with the issuers," Holder said at a news conference. Comment?
Tuesday Feb 3 | via KRCG-TV Jefferson City
Missouri will get about $21.5 million for the general revenue fund as part of a national settlement with credit rating agency Standard & Poor's. The ratings agency announced the settlement Tuesday concerning government allegations that it knowingly inflated ratings of risky mortgage investments that helped trigger the 2008 financial crisis. Comment?
Friday | via WTVG-TV Toledo
More than 14,600 blighted properties around Ohio have been demolished in the past two years under a program aimed at benefiting areas affected by foreclosures. The state used $75 million from a national settlement with major mortgage servicers to create a grant program to revitalize neighborhoods and eliminate abandoned structures. Comment?
13 min ago | via South China Morning Post
Nearly 80 per cent of new flats have been built by Sun Hung Kai Properties, Cheung Kong, Henderson Land Development, New World Development and Sino Land in the past five years, according to Centaline Property Agency. Photo: AFP In several years, Hong Kong home seekers will have more developer brand choices and more competitive prices, as the industry sees increased competition. Comment?
16 min ago | via Seeking Alpha
The SPDR Dow Jones International Real Estate ETF and the Vanguard Global ex-U.S. Real Estate ETF are the two largest REIT ETFs offering foreign exposure. RWX costs more than twice as much as VNQI, but it has been the better performer since VNQI's inception. Comment?
17 min ago | via Seeking Alpha
Frequently investors and advisors use the portfolio split between bonds and equities as the primary means of varying portfolio risk. A more efficient outcome may be achieved by leveraging the portfolio or reducing the long run allocation to cash. Comment?
17 min ago | via Seeking Alpha
Singapore has the highest standard of living of any country in Asia and higher than the U.S. There are two reasons for this: The problem is, because it's 100% urban and has limited land, it has some of the most expensive real estate in the world. You can see how real estate prices in Singapore have risen 68% since early 2009 and 110% since the 1999 low after the Southeast Asian financial crisis. Comment?
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