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Saturday, July 25, 2015

Largest US Ranch for Sale

The largest ranch in the U.S. within a single fence is now for sale in North Texas, according to an article on Bloomberg.com.
It’s 510,527 acres and in addition to a very colorful history, the land includes 6,800 head of cattle, 500 quarter horses, and more than 1,000 oil wells. The price? $725 million. -- Allison Tester in HousingWire http://www.housingwire.com/articles/34537-largest-ranch-in-the-us-for-sale
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Shared and taken by Barb G. M., Volterra, Tuscany - Italy.

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Barclays previously downgraded Zillow from Overweight to Equal Weight in April, citing slowing traffic then as well.
And now, Barclays is downgrading Zillow again, this time from Equal Weight to Underweight. -- Ben Lane in HousingWire http://www.housingwire.com/articles/34530-is-zillow-in-trouble
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And whether you view the CFPB as a plague or a blessing on the financial services industry, the organization has undoubtedly altered the landscape. -- Ben Lane in HousingWire http://www.housingwire.com/articles/34539-heres-everything-you-need-to-know-about-the-cfpb
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Shared by Aceline Beauchene, taken by Granite.

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Thanks to rising demand and shrinking supply, the median existing-home price for all housing types reached an all-time high in June. -- Ben Lane in HousingWire http://www.housingwire.com/articles/34546-existing-home-sales-prices-reach-all-time-high
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Judge Margaret Sweeney in the Federal Claims Court in Washington yesterday granted a motion that will force theU.S. Treasury to release all discovery document materials in its possession that pertain to the decision to take Fannie Mae and Freddie Mac into conservatorship. -- Jacob Gaffney in HousingWire 
 http://www.housingwire.com/articles/34550-judge-orders-massive-release-of-fannie-freddie-conservatorship-docs
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Shared by James Goode, taken by whoever's name is on this photo, Cathedral of the Spilled Blood or Church of the Resurrection of the Savior on the Spilled Blood 1883 to 1907- St. Petersburg, Russia

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Nat'l Real Estate Post:
Why is the G-Fee the target of Congress every time they want money for something?  Well now they want to tap it for transportation.  Why are we punishing homeowners?
http://thenationalrealestatepost.com/congress-wants-homeowners-to-pay-federal-transportation-tax/?
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Sales of new single family houses in June 2015 were 482,000 at a seasonally adjusted annual rate (SAAR), down 6.8 percent from May’s revised rate but up 18.1 percent from June 2014. -- Department of Commerce
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Shared by Flavia Sarta, taken by Massi Rock mc, Crimea Russia.

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Purchases of new U.S. homes unexpectedly retreated in June and prior readings were revised down, painting a picture of less robust improvement during the industry's busiest time of year.
Sales fell 6.8% to a 482,000 annualized pace, the weakest since November and lower than any forecast of economists surveyed by Bloomberg, Commerce Department figures showed Friday in Washington. Three of four regions suffered setbacks. -- Bloomberg News http://www.nationalmortgagenews.com/news/origination/new-homes-sales-unexpectedly-fall-to-seven-month-low-1056952-1.html

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