Expectations weren't particularly high for a solid July report on home purchase contracts, but today's report from the National Association of Realtors didn't meet even those . NAR's Pending Home Sales Index came in at 106.2, down from an upwardly revised 107.0 in June, a decline of 0.7 percent.
Chris Bishop assumes the mantle as president of the Greater Las Vegas Association of Realtors on Jan. 1, but the origins of his feat started more than two decades ago. The 34-year-old Bishop is the youngest ever to hold the position, but no one is surprised he has made it to this point in his…
Republican Paul Ochal is seeking a second term representing Amsterdam's 2nd Ward to continue revitalization efforts, but Democratic challenger James Glorioso Jr. believes a fresh perspective is needed. Glorioso, 40, holds the Democratic ballot line while Ochal, 71, secured the Republican, Conservative and Independence ballot lines for Election Day. Foreclosure News
In May, sales of previously-owned homes slumped, the second month in a row of declining sales . The National Association of Realtors, which tracks those sales, pointed to the same culprit it's blamed for the past few years: not enough supply of homes to buy. Foreclosure News
The National Fair Housing Alliance filed new evidence Wednesday in an existing federal Fair Housing Act complaint against Deutche Bank, alleging the bank engaged in racial bias in maintaining foreclosed homes it owns. The NFHA added more properties to a complaint first filed in February, 2014, alleging the organization neglected homes in many working-class minority…
An adjustable-rate mortgage is a home loan that has an initial period with a fixed interest rate followed by periodic rate adjustments. An adjustable-rate mortgage, or ARM, may sound risky. Foreclosure News
Vote “no” on the two city of Harvard property tax increases referendums on the April 4 election ballot. If anyone needs any extra motivation for voting “no” on any property tax increase referendum, just remember the last decade of your property values plummeting 30 percent and more, and of mortgages “underwater,” and of foreclosure notices,…
