REO

Broward Real Estate Home Sales Again Rise Year-over-Year in August 2021

Thursday, September 23, 2021 - 12:00am

Broward County total home sales rose 10.8% year-over-year in August 2021, from 3,089 sales to 3,422.

Key Points: 
  • Broward County total home sales rose 10.8% year-over-year in August 2021, from 3,089 sales to 3,422.
  • Broward existing condo sales are up in all price ranges in August 2021, with major transaction increases in properties selling at $300K and above.
  • Broward single-family luxury ($1-million-and-up) transactions jumped 68.1% year-over-year to 195 sales in August 2021.
  • Short sales and REOs accounted for 0.2% and 0.8% year-over-year, respectively, of total Broward sales in August 2021.

Mainstream Share Purchase Agreement with Radio Fuels

Tuesday, September 14, 2021 - 6:15pm

Toronto, Ontario--(Newsfile Corp. - September 14, 2021) - Mainstream Minerals Corporation (the "Company") is pleased to announce that it has entered into a share purchase agreement dated September 14, 2021 (the "Share Purchase Agreement"), with Radio Fuels Resources Corp. ("Radio Fuels") and the shareholders of Radio Fuels (collectively, the "Vendors"), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Radio Fuels (the "Transaction").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 14, 2021) - Mainstream Minerals Corporation (the "Company") is pleased to announce that it has entered into a share purchase agreement dated September 14, 2021 (the "Share Purchase Agreement"), with Radio Fuels Resources Corp. ("Radio Fuels") and the shareholders of Radio Fuels (collectively, the "Vendors"), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Radio Fuels (the "Transaction").
  • Radio Fuels is a private company formed under the laws of Ontario, whose sole asset is a 100% interest in certain mineral claims and leases located in the Mining District of Sault St. Marie, Ontario (the "Property").
  • The Elliot Lake camp has historically produced more than 270 million pounds of U3O8 from vast, strata-bound deposits.
  • The Units to be issued upon conversion of the Subscription Receipts will be comprised of one common share of the Company (a "Unit Share") and one-half of one whole common share purchase warrant (each whole warrant, a "Warrant").

Covius to Acquire Nationwide Title Clearing, Inc. (NTC)

Tuesday, September 14, 2021 - 2:26pm

DENVER, Sept. 14, 2021 /PRNewswire/ --Covius Holdings, Inc. ("Covius"), a leading provider of technology-enabled solutions to the financial services industry, announced today that it has reached an agreement to acquire Palm Harbor, Florida-based Nationwide Title Clearing, Inc. ("NTC"), a leading, national lien release provider.

Key Points: 
  • DENVER, Sept. 14, 2021 /PRNewswire/ --Covius Holdings, Inc. ("Covius"), a leading provider of technology-enabled solutions to the financial services industry, announced today that it has reached an agreement to acquire Palm Harbor, Florida-based Nationwide Title Clearing, Inc. ("NTC"), a leading, national lien release provider.
  • Its primary products and services include:
    Upon closing of the transaction, approximately 670 NTC associates will join Covius, including the company's senior management.
  • This acquisition significantly expands Covius' post-closing capabilities, in the same way last year's Clayton acquisition scaled our due diligence offerings.
  • Nationwide Title Clearing, Inc. (NTC) is the leading research and document-processing service provider to the residential mortgage industry.

August 2021 U.S. Foreclosure Activity Rises Following The End Of The Foreclosure Moratorium

Thursday, September 9, 2021 - 3:28pm

But it's likely that foreclosures will remain below normal levels at least through the end of the year."

Key Points: 
  • But it's likely that foreclosures will remain below normal levels at least through the end of the year."
  • Nationwide one in every 8,677 housing units had a foreclosure filing in August 2021.
  • But in August of 2019, the last year we had 'normal' foreclosure activity, there were almost 28,000 foreclosure starts over three times more than this year."
  • Those major metropolitan areas with a population greater than 1 million with the greatest number of foreclosure starts in August 2021 included New York, NY (486 foreclosure starts); Chicago, IL (439 foreclosure starts); Los Angeles, CA (401 foreclosure starts); Houston, TX (322 foreclosure starts); and Dallas-Fort Worth, TX (248 foreclosure starts).

C.A.R. commends steps to boost affordable housing supply and increase home-buying opportunities

Wednesday, September 1, 2021 - 10:30pm

President Dave Walsh issued the following statements in response to announcements made today by the Biden Administration, HUD and FHFA to address the supply of affordable housing and help increase home-buying opportunities:

Key Points: 
  • President Dave Walsh issued the following statements in response to announcements made today by the Biden Administration, HUD and FHFA to address the supply of affordable housing and help increase home-buying opportunities:
    "C.A.R.
  • applauds the immediate steps the Biden Administration is taking to increase the nation's affordable housing supply.
  • California's housing supply crisis has lingered for decades and has only been exacerbated by the COVID-19 crisis.The only way to get out of this crisis will be through bold action taken by all levels of government, and the comprehensive proposal put forward today will help increase homeownership and other housing opportunities, especially for communities of color."
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/car-commends-steps-to-boost-aff...

Defense Metals Completes Drill Pad Construction In Advance Of 2021 Wicheeda Rare Earth Element Deposit Drill Campaign

Wednesday, August 25, 2021 - 1:00pm

VANCOUVER, BC, Aug. 25, 2021 /PRNewswire/ - Defense Metals Corp. ("Defense Metals") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that it has completed steep terrain drill pad construction in preparation for commencement of its 2021 Wicheeda Rare Earth Element (REE) Deposit resource expansion and definition diamond drill program.

Key Points: 
  • VANCOUVER, BC, Aug. 25, 2021 /PRNewswire/ - Defense Metals Corp. ("Defense Metals") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that it has completed steep terrain drill pad construction in preparation for commencement of its 2021 Wicheeda Rare Earth Element (REE) Deposit resource expansion and definition diamond drill program.
  • Defense Metals has now completed four timber drill pads in preparation for the 2021 diamond drilling (Figure 1).
  • Further details regarding the 2021 drill plans will be released at that time.
  • Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada.

Martin County Condo Market Continues Streak of Sales Gains in July 2021

Tuesday, August 24, 2021 - 2:00am

Martin County total home sales decreased 3.9% year-over-year in July 2021, from 381 sales to 366.

Key Points: 
  • Martin County total home sales decreased 3.9% year-over-year in July 2021, from 381 sales to 366.
  • "The Martin County condo has now posted 13 consecutive months of sales gains," JTHS-MIAMI President Bill Mate said.
  • Martin County single-family homes inventory rose in July 2021 compared to June 2021, an indicator that more inventory is heading to the low-supply/high demand market.
  • Cash sales accounted for 47.3% of all Martin County existing condo sales and 38.3% of single-family transactions.

Miami Real Estate Registers Best July Sales Month in History; Condo Transactions Up 103.7% Year-over-Year in July 2021

Tuesday, August 24, 2021 - 12:55am

"A historic year for Miami real estate continues with the best-ever July sales month," MIAMI Chairman of the Board Jennifer Wollmann said.

Key Points: 
  • "A historic year for Miami real estate continues with the best-ever July sales month," MIAMI Chairman of the Board Jennifer Wollmann said.
  • July 2021 (with its 3,632 sales) ranks as the fourth-best sales month overall since MIAMI began tracking stats in 1993.
  • Miami single-family home sales (8.1% increase) and condo transactions (85.2% jump) are higher than July 2019.
  • Cash sales accounted for 47.6% of all Miami existing condo sales and 24.7% of single-family transactions.

Palm Beach County Home Sales Rise in 2Q 2021; Luxury Single-Family Home Sales Surge 213.3% Year-over-Year

Friday, August 13, 2021 - 1:20am

Palm Beach County single-family home luxury ($1-million-and-up) transactions surged 213.3% year-over-year to 1,034 transactions in 2Q 2021.

Key Points: 
  • Palm Beach County single-family home luxury ($1-million-and-up) transactions surged 213.3% year-over-year to 1,034 transactions in 2Q 2021.
  • Palm Beach County condo luxury sales increased 336% to 484 transactions in 2Q 2021.
  • Short sales and REOs accounted for 0.2% and 0.6%, respectively, of total Palm Beach sales in 2Q 2021.
  • Cash sales represented 52.3% of Palm Beach closed sales in 2Q 2021, compared to 37.9% in 2Q 2020.

July 2021 U.S. Foreclosure Activity Declines Slightly As Government Moratorium Comes To An End

Tuesday, August 10, 2021 - 12:01pm

"Much of the foreclosure volume will come from the reinstatement of foreclosure proceedings on properties that had already been in default prior to the pandemic, and new foreclosure activity on vacant and abandoned properties."

Key Points: 
  • "Much of the foreclosure volume will come from the reinstatement of foreclosure proceedings on properties that had already been in default prior to the pandemic, and new foreclosure activity on vacant and abandoned properties."
  • Nationwide one in every 11,009 housing units had a foreclosure filing in July 2021.
  • Lenders started the foreclosure process on 6,572 U.S. properties in July 2021, down 4 percent from last month but up 45 percent from a year ago.
  • ATTOM provides foreclosure data licenses that can power various enterprise industries including real estate, insurance, marketing, government, mortgage and more.