Mortgage And Real Estate News

Sunday, July 29, 2018

Phoenix gets $30M grant to remake Edison-Eastlake neighborhood east of downtown

Phoenix will receive a $30 million federal grant to drastically reshape a neighborhood just east of downtown, including demolishing and rebuilding three decrepit public-housing projects.

Read more... https://www.azcentral.com/story/news/local/phoenix/2018/07/20/edison-eastlake-neighborhood-phoenix-gets-30-million-hud-grant/804547002/

Phoenix, Scottsdale neighbors fight plans for Kierland high-rise

As land values rise in Phoenix area, mobile-home parks disappear

Sunday, July 22, 2018

Rosa Parks family house set for auction next week

PROVIDENCE, R.I. — 

The house where civil rights icon Rosa Parks sought refuge after fleeing the South amid death threats is scheduled for auction next week with a minimum bid of $1 million.


Read more... https://www.ajc.com/news/national/rosa-parks-family-house-set-for-auction-next-week/Z9pLLmvYakKrRA5voFPlVL/

Sunday, July 15, 2018

May 2018 Foot Traffic per NAR Research

Demand is unrelieved as supply shortages continue to impede home sales.

Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Lockboxes made by SentriLock, LLC. are used in roughly a third of home showings across the nation. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future. This infographic shows the latest index data along with trends and changes.


Read more... https://www.nar.realtor/research-and-statistics/research-reports/foot-traffic/infographic-may-2018-foot-traffic

Friday, July 13, 2018

Gilbert will auction off controversial town-owned land

Gilbert plans to auction off 138 acres of land nearly a decade after the town took heat for buying the property without a certified appraisal and at a price far above the going rate. 

Read more... https://www.azcentral.com/story/news/local/gilbert/2018/07/12/gilbert-auction-off-controversial-town-owned-land/772484002/

Saturday, July 7, 2018

She tried to make extra payments on her student loans, then almost lost thousands of dollars

After nearly two decades of student loan payments, Lisa Wickman saw the light. Her new fiance offered to help her put an end to the persistent debt. And so the elementary school teacher from Grand Blanc, Michigan, mailed a $7,000 check in February to Navient, one of the country's largest student-loan servicers.

Read more... https://www.cnbc.com/2018/07/05/she-tried-to-make-extra-payments-on-her-student-loans-she-almost-lost.html

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