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Tag Archives: HOUSING

Market Update: Home Sales’ Status

On Monday, the October RE/MAX National Housing Report released, revealing that September marked the fifth month in 2017 to post a decline in home sales. Additionally, the reported noted that this marks the 71st consecutive month of rising sale prices year-over-year. ...

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Week Ahead: Beige Book Highlights Economic Conditions

The Summary of Commentary on Current Economic Conditions by Federal Reserve District plans to release its September Beige Book Wednesday. The book is designed to supplement the data and analyses already used by Federal Reserve economists to access economic conditions ...

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Suburbs: Where Americans are Migrating

Politics and affordability are causing Americans to relocate, according to data released Friday by Redfin. In the first half of 2017, 7.4 percent more people moved out of blue (Democratic) counties than to them, while red (Republican) counties experienced a ...

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Stepping Up To CWCOTs

Editor’s Note: This article was originally featured in the October issue of DS News, available now. It’s been nearly a decade since our country’s financial crisis, the worst in our history since the Great Depression of the early 1930s. A ...

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Housing Peak Levels Then Vs. Now

CoreLogic Principal Economist Molly Boesel recently took a look at the overall boom and bust cycle for the housing market in 2017. Looking at the length of the decline and how far prices fell, CoreLogic is revealing parallels between the peak ...

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Wells Fargo and BofA: Q3 2017 Results Revealed

On Friday, Wells Fargo and Bank of America released Q3 2017 financial results. Wells Fargo’s revenue dropped 2 percent—to $21.9 billion—compared to third quarter 2016. The bank noted that Q3 2017 included a discrete litigation cost of $1 billion for ...

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Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Freddie Mac is announcing a 12-month long pilot with EarnUp, a financial technology company that helps consumers make timely ...

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Economic Outlook: Consumer Confidence and The Fed

The Federal Reserve Bank of New York recently released results from its September 2017 Survey of Consumer Expectations, which showed overall increases in pessimism. Specifically, the survey found that expectations about earnings, spending, income growth, home prices, financial situations and the stock ...

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Big Banks and FinTech: Do American Consumers Want Both?

Financial technology (FinTech) is steadily gaining traction in today’s technology-driven market, and according to Blumberg Capital's Annual FinTech Survey, over two-thirds of Americans are looking for banks to provide new fintech solutions. The survey, released Wednesday, examines attitudes of American ...

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