Private capital filling in where banks won’t tread Transaction clearer bhc turns Itself Around | American Banker – The gain in BHC’s stock price has eased the pressure from one of its largest shareholders, Private Capital Management, Naples, Fla. The firm, owner of 20% of BHC, sought to buy the company last fall, when its shares were trading at $13. Private Capital’s president, Bruce Sherman, did not return calls seeking comment.
Why Washington can’t fix the new housing crisis. There aren’t enough homes where Americans want to live-and not even the president has the tools to change the market.
· Barring that, 2012 is set to be the first year of the housing recovery, but it may not feel like one until mortgage restrictions ease and the labor markets are strong enough to offer more support.
UNITED states property home Sales Tempered According to the National Association of Realtors (NAR), July saw the first existing-home sales year-over-year drop since November 2015. Persistent low housing inventory throughout the country contributed to the decline. Total housing inventory inched up to 2.13 million existing homes for sale, a 0.9%
The NATIONAL ASSOCIATION OF REALTORS provides the latest real estate research and statistics that affect the industry. Get the stats and stay informed. Research and Statistics | www.nar.realtor
· Housing prices will drop by a further 20 percent as the downturn gripping the United States deepens, leading economist Gary Shilling says. Writing in the Christian Science Monitor, Shilling said more and more people are looking to rent as homeownership becomes increasingly rare.
NerdWallet has identified these nine housing and mortgage trends to watch in the second half of 2019. In real estate, it’s.
Treasury doesn’t want former Fannie CFO in GSE investor lawsuit About Investors Unite: Formed by Tennessee investor and CapWealth Advisors Chairman and CEO, Tim Pagliara, Investors Unite (investorsunite.org) is a coalition of over 1,400 private investors from all walks of life, committed to the preservation of shareholder rights for all invested in Fannie Mae and Freddie Mac. The coalition works to educate shareholders and lawmakers on the importance of adopting GSE.
Existing-home sales are projected to rise by a slim 1 percent or so this year. Based on the current NAR projection model, existing-home sales would total 4.96 million in 2011.
OGDEN — The chief economist for the National Association of Realtors says Utah’s housing market is improving, and the trend likely will continue. Lawrence Yun, chief economist and senior vice president of research for NAR, spoke to Top of Utah Realtors on Thursday morning at the Ogden Marriott Hotel.
Lawrence Yun, NAR chief economist, says January's sales gain signals. said. ” Market challenges remain, but the housing market is off to a prosperous start as.
A top ranked economics and finance blog with a focus on the housing market.. ( ht tom lawler). note that the YoY increase has been slowing in California.
2017 HW Vanguard: Mark Hikel The company has seen its market share increase rapidly in the last few years, as it expanded its platform nationwide in 2017 and has big plans for the future. In 2018, the company raised $33 million.Senate fails to pass Terrorism Risk Insurance Act Trulia: American homebuyers prefer new homes 2 to 1 S&P expects only moderate tax cuts will be passed early next year There was a point in early 2018 when big U.S. companies couldn’t stop talking about the Trump tax cuts. S&P 500 companies. Goldman Sachs analysts have predicted that the total amount of buybacks.Home Buyers Prefer New Homes 2 to 1, But Won. – Finance Post – A March survey conducted by Trulia has found that over 40% of home buyers would prefer to purchase a new home, despite the ever-increasing premium placed on new construction after weak residential sales and construction over the winter. The median sales price for an existing home was $198,500 in March, according to the National Association [.]Terrorism Risk Insurance reauthorization fails to pass Senate The following is a statement by National Association of Realtors President Chris Polychron: "The U.S. Senate’s alarming failure to renew the federal terrorism risk insurance program before adjournment will stall commercial real estate development around the country.
· The problem of housing affordability has impacted more and more families, and due to this economic pressure, the structure of family life itself has gradually changed.
COMMITTED: Freddie Mac aims for 75% reduction in short-sale timelines COMMITTED: Freddie Mac aims for 75% reduction in short-sale timelines | REwired "We estimate that the time to complete a short sale will decrease by approximately 50% to 75%," as a result of the changes, Freddie Mac EVP Tracy Mooney writes.