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Single family homes on the market. Updated weekly.Powered by Altos Research
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Starwood Property EPS beats expectations

Starwood Property Trust (STWD) posted a third quarter 2013 core earnings per share of 61 cents, well ahead of analysts 54 cents estimate, FBR Capital Markets said.

The main source of the beat came in LNR where special servicing revenue was robust for the second quarter in a row, along with better-than-expected revenue from the CMBS portfolio and conduit business. Investment activity in the quarter was strong at around $1.1 billion, and 4Q13 activity quarter to date is already nearly $900 million.

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Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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