Hampton average home prices hit record highs as deals at the upper end of the market surged before expected tax increases for sellers.? http://www.bloomberg.com/news/2013-01-24/hamptons-average-home-price-hits-record-on-luxury-surge.html Bloomberg Oshrat Carmiel read more See Original Article At housingwire.com
Two years after the CFPB?s launch, the bureau?s first director Richard Cordray is slated to be renominated to his post. Cordray?s reappointment ends speculation he will step down to run for Ohio governor next year. http://www.cleveland.com/open/index.ssf/2013/01/richard_cordray_to_be_renomina.html Plain Dealer Stephen Koff read more See Original Article At housingwire.com
?The big difference from traditional real estate is that instead of buying into a fund with a pool of assets, people invest in a single asset,? says Rodrigo Ni?o, Prodigy?s founder and chief executive officer. ?It lets them control the risk.? http://www.businessweek.com/articles/2013-01-24/crowdfunding-for-real-estate-buy-a-slice-of-a-skyscraper Businessweek Max Raskin read more See Original Article At housingwire.com
Serious delinquencies for U.S. RMBS improved across all sectors in the fourth quarter of 2012, according to a new mortgage market index from Fitch Ratings. Furthermore, the agency expects RMBS delinquencies to continue declining this year. According to Fitch, the improvement ?reflects positive selection in the remaining pools, loan modification efforts by servicers, and positive [...]
Source: http://greenrivercap.com/industry-news/prodigy-tries-it-hand-at-crowdfunding-for-real-estate
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