Real estate news

• Gap Slims Between Low- and High-Income Homeownership Rate

  13-08-2017 19:05
  Individuals with low incomes have historically struggled to become homeowners, cut off from the opportunity to not only build wealth through equity, but also establish an appreciating, long-term asset. New research now shows the homeownership rate in the lowest income tier is catching up to that of high-earners, edging closer since the onset of the recovery.
  According to a study by Trulia, the homeownership rate of high-income households is 2.3 times the rate of low-income households: 77 percent
  
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• The EB-5 Visa Program: Balancing Risk and Opportunity

  13-08-2017 19:04
  For a quarter-century, the EB-5 visa program has helped finance economic development projects across America, sparking job growth and business investment in cities, suburbs and rural regions throughout the U.S.—all at no cost to the taxpayer. EB-5-funded projects span a diverse range of regions and industries, from charter schools in Utah and manufacturing plants in South Carolina to mixed-use commercial property in downtown Washington, D.C.
  The Brookings Institute estimates the EB-5 progr
  
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• Want to Save for a Down Payment? Skip the Pre-Wedding Shenanigans

  13-08-2017 19:03
  Would-be homeowners can easily plunk down savings for a home—if they forgo their friends’ one last hurrah before the big day.
  A recent report by Zillow reveals the cost of destination bachelor or bachelorette parties can equal up to one-third of a down payment on a median-priced home. With attendees spending an average $1,106 (for destination bachelorette parties) and $1,532 (for destination bachelor parties), according to The Knot, partaking in just nine pre-marriage celebrations&md
  
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• NAHB: Affordability Turns Downward in Q2

  13-08-2017 19:02
  Housing affordability took a turn downward in the second quarter of 2017, as home prices and mortgage rates moved opposite, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). Approximately 59 percent of homes sold in the second quarter were affordable based on the national median income, $68,000, a share down from roughly 60 percent in the first quarter. The national median home price in the second quarter was $256,000, weighed again
  
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• Real estate records, 08/13/17 - Lincoln Journal Star

  13-08-2017 14:02
  Real estate records, 08/13/17
  Lincoln Journal Star
  Exstrom, Jada to Beckstrom, Gloria Gae Revocable Living Trust & Beckstrom, Marland L Family Trust, 6170 Franciscan Dr., $230,000. Feerhusen, Kristin J to Gospodarski, Andrew D, 2440 S 35 St., $140,000. Finnell, Mary K to Svoboda, Sheadon, 2858 Sissel ...
  
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• Real-estate report: Rents rising - The Columbus Dispatch

  13-08-2017 12:00
  The Columbus Dispatch
  Real-estate report: Rents rising
  The Columbus Dispatch
  Central Ohio rents continued to rise in July, but the area remains more affordable than most other cities, according to monthly reports from three rental websites. The median rent for a one-bedroom central Ohio apartment on Aug. 1 ranged from $680 to ...
  
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• REAL ESTATE MATTERS: Bad home inspector should be investigated - Gainesville Sun

  13-08-2017 11:56
  Gainesville Sun
  REAL ESTATE MATTERS: Bad home inspector should be investigated
  Gainesville Sun
  Q: Can you please provide more information on one of your articles I recently read about home inspectors? The article paints home inspectors in a bad light. No home inspector should have a “liability buyout” clause. I doubt an insurance underwriting ...
  
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• Real Estate Matters: Wills, trusts should be set before they're needed - The Columbus Dispatch

  13-08-2017 11:00
  Real Estate Matters: Wills, trusts should be set before they're needed
  The Columbus Dispatch
  Q: I was married in 2010. My husband left me in 2014. In 2015, I purchased a house. I have four daughters, none with my estranged husband. I will be having surgery soon, and I'm worried that if I pass away, my house and vehicles will go to him. If I ...
  
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• Montgomery County real estate briefs: Week of Aug. 13 - Montgomery Newspapers

  13-08-2017 09:35
  Montgomery County real estate briefs: Week of Aug. 13
  Montgomery Newspapers
  Berkshire Hathaway HomeServices Fox & Roach, Realtors recently honored Montgomery County sales associates for their sales performance for May at a monthly Breakfast of Champions. Sales associates honored were Linda Baron and Mickey Sokel, of the ...and more »
  
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• Residential real estate transfers, Aug. 13 - Omaha World-Herald

  13-08-2017 08:01
  Residential real estate transfers, Aug. 13
  Omaha World-Herald
  Daharsh, Erik F. and April L. to Abts, Katherine M. and Ryan M., 7943 N. 152nd Ave., $260,000. Legacy Homes Omaha LLC to Method, Andrew W., 16087 Weber St., $257,000. Home Co. LLC to Alberts, Brandon T. and Cynthia M., 10315 N. 152nd Ave., ...
  
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• Real Estate: John Woolman, MCGRAW REALTORS - Tulsa World

  13-08-2017 07:16
  Tulsa World
  Real Estate: John Woolman, MCGRAW REALTORS
  Tulsa World
  Tulsa-based McGraw Realtors has announced that its Board of Directors recently elected John Woolman Chairman of the Board, and has named Bill McCollough the company's new Chief Executive Officer. Woolman's leadership and vision have been the ...and more »
  
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• Real estate billionaires form rental giant in shifting industry - STLtoday.com

  13-08-2017 07:01
  STLtoday.com
  Real estate billionaires form rental giant in shifting industry
  STLtoday.com
  It was a simple phone call between two real estate billionaires that led to the formation of a behemoth in the house-rental industry. Property investor Barry Sternlicht called Jon Gray, head of real estate for Blackstone Group, in the spring proposing ...and more »
  
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• Register O'Donnell announces July '17 Norfolk County real estate activity - Wicked Local Dedham

  13-08-2017 06:29
  Register O'Donnell announces July '17 Norfolk County real estate activity
  Wicked Local Dedham
  Continuing low real estate inventory, higher interest rates and reduced mortgage lending were three major factors which led to a flat real estate market for the month of July, according to Norfolk County Register of Deeds William P. O'Donnell. Register ...and more »
  
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• Business Notes: Brick & Barn Real Estate Opens in Quechee - Valley News

  13-08-2017 06:22
  Business Notes: Brick & Barn Real Estate Opens in Quechee
  Valley News
  Quechee — Quechee Lakes Real Estate Center, the real estate agency in the familiar 1850 red brick farmhouse on Route 4 in Quechee, has been sold to Scott Rome and Herb Hart, who have renamed it Brick & Barn Real Estate Group and are broadening ...
  
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