Lee County home sales up 6.5% in September from one year ago

Sales: According to the Lee County Association of Realtors Multiple Listing Service, Lee County home sales totaled 164 units during September, up 6.5% from 154 sales in the same month a year earlier. September sales were down 20% compared to 205 sales in August. Results were 24.4% above the five-year September average of 132 sales. Two more resources to review: Quarterly Report and Annual Report. 

For all Lee County housing data, click here.

Inventory: Homes listed for sale in the Lee County area during September totaled 633 units, an increase of 9.1% from September 2018’s 580 units and an increase of 2.1% from August’s 620 units. September months […] Read more

Active Duty U.S. Military Now Gets Free Credit Monitoring

The U.S. Federal Trade Commission (FTC) announced that starting October 31 active duty U.S. Army service members and National Guard members get free electronic credit monitoring from the Equifax, Experian, and TransUnion nationwide​​​​​ credit reporting agencies (CRAs).

On June 24, 2019, the FTC announced that nationwide CRAs will be required to offer free electronic credit monitoring services for active duty military by the Free Electronic Credit Monitoring for Active Duty Military Rule that implements legislation included in the 2018 Economic Growth, Regulatory Relief, and Consumer Protection Act.

The FTC rule prohibits disclosures of information and “secondary uses” of information collected from any active duty military members who request the […] Read more

Chico”s FAS, Inc. (CHS) Reaches $3.44 After 8.00% Down Move; Equifax Has 1.25 Sentiment

Equifax Inc (EFX) investors sentiment increased to 1.25 in Q2 2019. It’s up 0.05, from 1.2 in 2019Q1. The ratio is more positive, as 181 investment professionals increased and started new stock positions, while 145 sold and reduced their stakes in Equifax Inc. The investment professionals in our database reported: 109.89 million shares, up from 109.62 million shares in 2019Q1. Also, the number of investment professionals holding Equifax Inc in top ten stock positions increased from 2 to 3 for an increase of 1. Sold All: 19 Reduced: 126 Increased: 124 New Position: 57.

The stock of Chico’s FAS, Inc. (NYSE:CHS) […] Read more

Don’t Freak Out, Do Take Action

© Getty Images
Take a few actions to help protect yourself against scammers.

Equifax, Facebook, Capital One, Yahoo — every week seems to bring news of another data breach. Millions of consumers’ sensitive information, such as login credentials, bank account info and Social Security numbers, is floating around the internet just waiting to be exploited.

And 2019 is on track to be one of the worst years for data breaches yet. Nearly 4,000 data breaches were reported in the first half of this year, with over 4 billion records exposed, according to Risk Based Security, a research and security firm. That’s […] Read more

Interest only mortgages: a beginner’s guide

Interest only mortgages used be a fairly common financial product up until the financial crisis of 2008, when it transpired that many people who had borrowed on an interest-only basis were not going to be in any position to repay the loan following the financial crash that affected their savings and investments. Having said that, interest only mortgages are still available; in fact, they are showing an upward trend, which means more such mortgages are becoming available. 

If your quest for finding the best mortgage deal has not yielded the results you had hoped for, that is the monthly repayments on […] Read more

NY Bar Moves Closer to Nixing Mental Health Qs, Federal Judge OKs Trick-or-Treating, Data Breach Bucks: The Morning Minute

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WHAT WE’RE WATCHING

INQUIRING MINDS – The New York State Bar Association’s governing body is set to consider this weekend whether to recommend the removal of inquiries about an applicant’s mental health from future applications for admission to the state bar. Dan M. Clark reports the possible change comes after a bar working group was formed earlier this year to look into whether inquiries into applicants’ mental health deters them from seeking treatment.

SIGNS – A federal judge in Georgia has called a halt to a county sheriff’s plans to place […] Read more

Before Applying For A Business Loan, Make Sure Your Own Credit Score Is Good

When you start a business, you put your personal life under the microscope. You might assume those college-era Facebook photos are buried — but a recruit is bound to bring them up. That management mistake you made years ago may seem unimportant, but memories are long.

Nowhere is the “microscope” effect truer than in your financial life. When you found a company, it has no credit score. To determine whether or not you’re worthy of credit, lenders often look instead at your personal credit history.

A middling credit score could hurt not just you, but also your company.

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Is […] Read more

Fintech fundraising is the hot news of the day today

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News Summary

United States
PMIT funds online marketplace lending with $ 138 million (Asset Securitization Report), Rated: AAA
PeerStreet Announces a $ 60MM Series C Fundraise and $ 4.25 Billion in New Capital Commitments (Business Wire), Rated: AAA
Some Real Estate Crowdsourced Funding Isn’t Actually Crowdfunding (Propmodo), Rated: A
Santander Enters the Ring, FinTech Charter Roadblock, Recession Checklist (PeerIQ), Rated: AAA
Digital Asset Lending Snapshot (Genesis Capital), Rated: AAA
Former Wall Street Traders Warn of Crypto Lending Bubble (Crowdfund Insider), Rated: A
Another Credit Bubble Grows: the $ 5 Billion Crypto-Loan Market (Bloomberg), Rated: A
Kabbage: The Care And Feeding Of A Fintech Unicorn […] Read more

Tuscaloosa median home sales price up 9.3% from one year ago

Sales: According to the Tuscaloosa Multiple Listing Service, Tuscaloosa-area residential sales totaled 230 units during September, up 4.1% from the same month a year earlier. September sales were down 19.6% compared to 286 sales in August. Results were 19% above the five-year September average of 193 sales. Two more resources to review: Quarterly Report and Annual Report.

For all Tuscaloosa-area home sales data, click here.

Inventory: Total homes listed for sale in the Tuscaloosa area during September were 851 units, a decrease of 3.3% from September 2018’s 880 units and an increase of 2.3% from August 2019’s 832 units. September months of supply totaled 3.7 months, a […] Read more