Real estate market recap, March 13-17
Active inventory reached a record low for February, dropping 17.9 percent year-over-year. Average days on market dropped from 75 in February 2016 to 68 in February 2017.
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ByadminJuanita M. Duvall, Columbiana, et al., vs. Clyde R. Hughes, Edinburg, Pa., excess $ 25,000 sought for alleged monetary loss from a trust account for which defendant was serving as the fiduciary. Roundpoint Mortgage Servicing Corp. vs. Merlin and Danielle Brown, et al., foreclosure sought for property on state Route 45, Lisbon. Foreclosure News
Harlem’s National Black Theatre may transform into massive mixed-use complex
ByadminThe National Black Theatre, a cultural institution in Harlem, is gearing up for a major revamp. According to The Real Deal , the theater is teaming up with L+M Development Partners to redevelop the site, which fronts a full block of Fifth Avenue between 125th and 126th streets, into a mixed-use building. Foreclosure News
Fundraiser seeks help uncovering the truth about Wayne County foreclosures
ByadminThis Loveland map shows all of the properties that have been foreclosed and sold at auction in the city over the past 15 years. When it comes to Wayne County tax foreclosures, some of the gaps in what even supposed experts know about it are surprising. Foreclosure News
Great Ajax (AJX) Rating Increased to Strong-Buy at Zacks Investment Research
ByadminThe brokerage presently has a $ 16.00 target price on the real estate investment trust's stock. Zacks Investment Research 's target price suggests a potential upside of 18.17% from the company's previous close. Foreclosure News
Colorado’s public trustee funding mechanism needs an update
ByadminThis month, Boulder's Daily Camera published a well-researched article on the public trustee system . Boulder Public Trustee Jim Martin said his office will shutter in May because the revenue generated by the office doesn't cover its expenses. Foreclosure News
Johnny Depp’s Ex-Lawyers Suing ‘Pirates’ Star Back After He Hit Them For $30M
ByadminStill wrestling in the courts with his former business managers over millions, home foreclosures and claims of excess, Johnny Depp now finds himself at the legal receiving end of one of Hollywood's biggest lawyers in a $ 30 million sword fight that is sure to take some of the cheer out of his Christmas. Less…