Foreclosures | Mortgages | Financing
“The data all points to the fact that Millennials are increasingly eager to own rather than rent, and even the incredibly high real estate prices in some markets don’t necessarily deter them,” said Doug Lebda, CEO of LendingTree. So where are they moving? …read more
From:: Real Estate Wire
Increasing Treasury yields heading into this week’s FOMC meeting partially pushed rates higher. As a result, mortgage rates dropped for the third week straight. …read more
From:: Real Estate Wire
Gold futures settled higher on Thursday as the U.S. dollar fell a day after the Federal Reserve’s decision to leave interest rates unchanged and stepped back from its forecast for four interest-rate hikes to two this year. Gold benefits from a weak dollar as it makes the metal, which is denominated in the U.S currency, more attractive price-wise. April gold rose $35.20, or $2.9%, to settle at $1,265.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Gold futures settled higher on Thursday as the U.S. dollar fell a day after the Federal Reserve’s decision to leave interest rates unchanged and stepped back from its forecast for four interest-rate hikes to two this year. Gold benefits from a weak dollar as it makes the metal, which is denominated in the U.S currency, more attractive price-wise. April gold rose $35.20, or $2.9%, to settle at $1,265.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Are you a property manager of student housing? Do you know what amenities attract prospective renters most? This new article from Axiometrics highlights the top 5 amenities that draw students to your properties; walkability and outstanding wi-fi connectivity are a couple examples.
Read more on Axiometrics.
From:: Property Management
According to a recent study by the Texas A&M Real Estate Research Center, DFW’s population could double in the next 25 years. As more people move to the area, housing supply just can’t keep up, pushing potential homebuyers into the rent market. So how bad is it? …read more
From:: Real Estate Wire
Hear how one Denver-based developer and investor went back to the basics to market their properties effectively and beat out the competition. Doug Backman highlights the importance of branding and your website to your success.
Read more on MultiFamily Executive.
From:: Property Management
L Brands Inc. was downgraded to neutral from outperform at Credit Suisse based on concerns the company may have too many stores in its portfolio. Analysts lowered the company’s price target to $90 from $103. L Brands, whose chains include Bath & Body Works and Victoria’s Secret, has 3,005 company-owned stores, 90% of which are in the U.S., and has plans to increase its square footage. “We are increasingly cautious on traditional specialty retailers with outsized store footprints,” Credit Suisse wrote in a Thursday note. In a separate note, analysts look more broadly at the retail landscape and the heightened importance of digital channels. “We now see digital commerce and marketing as the primary and most effective mechanisms for building softlines brands, replacing the historical gatekeepers of third-party retailers and mass media marketing,” the note said. Credit Suisse has rated L Brands outperform since September 2014. The company’s shares are down 9.2% for the year so far while the S&P is down 0.3% for the same period.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
L Brands Inc. was downgraded to neutral from outperform at Credit Suisse based on concerns the company may have too many stores in its portfolio. Analysts lowered the company’s price target to $90 from $103. L Brands, whose chains include Bath & Body Works and Victoria’s Secret, has 3,005 company-owned stores, 90% of which are in the U.S., and has plans to increase its square footage. “We are increasingly cautious on traditional specialty retailers with outsized store footprints,” Credit Suisse wrote in a Thursday note. In a separate note, analysts look more broadly at the retail landscape and the heightened importance of digital channels. “We now see digital commerce and marketing as the primary and most effective mechanisms for building softlines brands, replacing the historical gatekeepers of third-party retailers and mass media marketing,” the note said. Credit Suisse has rated L Brands outperform since September 2014. The company’s shares are down 9.2% for the year so far while the S&P is down 0.3% for the same period.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
A new report from the MBA revealed the implementation of the CFPB’s TILA-RESPA Integrated Disclosures rule in October wiped out most of the money to be made in the mortgage industry. How bad is it? Are you sitting down? Average mortgage profits collapsed more than 50% based on skyrocketing production expenses. Click the headline to read more. …read more
From:: Real Estate Wire