Wheeling Real Estate News
Real Estate news for Wheeling, WV continually updated from thousands of sources.
Sunday Aug 23 | via The Intelligencer
By fall, there should be at least 60 new apartment units in Wheeling ready to welcome tenants, with the potential for at least twice that many more on the way over the next couple of years - and not a moment too soon, if you ask Mayor Andy McKenzie. In September, the Woda Group will bring the loft apartment concept to downtown with 22 units on the upper floors of the Stone Center at Market Plaza, hoping to cater to young professionals who find living in an urban setting appealing. Comment?
Monday Aug 17 | via The Intelligencer
A Wheeling businessman will spend nearly three years in federal prison for bilking more than 50 people out of approximately $400,000 and for filing false income tax returns. Senior status U.S. District Judge Frederick Stamp imposed the sentence Monday on Mark Busack, 53, of Bellaire, who pleaded guilty in December to four counts of use of an unauthorized access device and one count of filing a false income tax return. Comment?
Monday Aug 17 | via West Virginia Metro
A Wheeling businessman was sentenced Monday to 35 months in prison for for defrauding customers of his mortgage brokerage business. Mark Busack, 51, pleaded guilty in December 2014 to a criminal Information charging him with four counts of use of an unauthorized access device" and one count of filing a false income tax return. Comment?
Wednesday Aug 5 | via Examiner.com
You have decided to go for it. Buying a home can be thrilling and nerve-wracking at the same time, especially for a first-time homebuyer. Comment?
Jun 2, 2015 | via The Review
Bible Baptist Church, state Route 39, is having a Bake and Yard Sale, 9 a.m. to 5 p.m. Friday and Saturday. Home made baked goods, hot dogs and pop will be available for sale. Comment?
Monday Aug 24 | via Mortgage News Daily
Black Knight Financial Services said on Monday that as of the end of June home prices nationally had returned to within 5.8 percent of their peak exactly nine years earlier. The company's Home Price Index Report said that the HPI in June was $252,000 compared to $268,000 at the June 2006 peak and has regained 26 percent in value since the market bottom of $200,000 in January 2012. Comment?
Tuesday Jul 28 | via The Inter-Mountain
Editor's note: The Elkins-Randolph Board of Realtors, comprised of 67 agents in Tucker, Randolph and Barbour counties, offers the following report. Comment?
Jul 22, 2015 | via Martinsburg Journal
West Virginians have achieved part of the American dream, home ownership, at a substantially higher rate than people elsewhere in the country. But generally, we believe in buying only the homes we can afford, and bankers tend to hold us to that, as the comparatively low rate of mortgage foreclosures here demonstrates. Comment?
Jul 21, 2015 | via Marietta Times
The West Virginia Housing Development Fund's home mortgage interest rate has dropped below 2.81 percent, the lowest level in the fund's history. Gov. Earl Ray Tomblin and the fund announced the rate for a 30-year fixed rate loan on Tuesday in a news release. Comment?
May 29, 2015 | via Bangor Daily News
Asset forfeiture or asset seizure is a form of confiscation of assets by the state. It typically applies to the alleged proceeds or instruments of crime. Comment?
6 min ago | via Housing Wire
Industry veteran Melissa Cohn, who founded and ran Manhattan Mortgage Company for nearly 30 years then left to serve as the president of GuardHill Financial , is opening a new mortgage company based in New York City. In opening the new lender, Cohn will draw on her extensive industry experience. Comment?
7 min ago | via Housing Wire
There are just a few days left in Zillow's "Pay My Mortgage, Please" sweepstake until a potential winner is selected in a random drawing from all eligible entries. Comment?
23 min ago | via The Daily Democrat
Foreclosure rates in Sacramento region - including Yolo County - decreased for the month of June over the same period last year, according to newly released data from CoreLogic. The CoreLogic data reveals that the rate of Sacramento area foreclosures among outstanding mortgage loans was 0.49 percent for June 2015, a decrease of 0.12 percentage points compared with June 2014 when the rate was 0.61 percent. Comment?
30 min ago | via AmericanBankingNews.com
According to Zacks, "LTC Properties, Inc., a health care real estate investment trust, invests primarily in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. Their primary objectives are to sustain and enhance stockholder equity value and provide current income for distribution to stockholders through real estate investments in long-term care facilities and other health care related facilities managed by experienced operators providing quality care. Comment?
32 min ago | via Business Journal
Zillow drew notice earlier this week with its latest figures that show the national pace of housing appreciation has turned negative for the first time in four years and even dared to say that the white-hot San Francisco market is cooling. Zillow Chief Economist Svenja Gudell told me Friday that she doesn't take issue with the fact that San Francisco is one hot market, along with San Jose, Dallas and Denver - all showing year-over-year double digit growth in home-price appreciation. Comment?
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