Housing News: Now 100% 75% Bubble Free
Published Sunday, June 04, 2006 by Real Estate Pro.Follow the money trail--if using legislation and advocacy doesn't work, pressure the lenders to make changes or have them be embarrassed through exposing their risky portfolios. And the National Association of Home Builders said the industry could be in danger of losing a significant portion of its labor force if immigration reform doesn't include a guest worker program and a program to address illegal immigrant issues.
Tagged: New York
Housing News: Now 100% 75% Bubble Free
Trump Tower Already Faces Hurdles
Published Saturday, June 03, 2006 by Real Estate Pro.Brought to you by Trump Tower already faces hurdles The luxury condo high-rise is having to replace its general contractor and faces another hurdle: finding a financier to lend it $200-million. Turner Construction Co., the New York contractor pegged in December to build the $260-million luxury condominium high-rise, backed out of the deal March 17, Turner spokeswoman Shannon Eckhart said.
Tagged: New York
Trump Tower Already Faces Hurdles
Manhattan Apartment High-Rise Hits Market
Published Thursday, May 18, 2006 by Real Estate Pro.Brought to you by Manhattan Apartment High-Rise Hits Market Monday, April 10, 2006 By Jillian S. Ambroz, Commercial Real Estate Direct Senior Writer The Elektra, a 166-unit apartment high-rise in the heart of New York 's Gramercy Park neighborhood, has hit the market. Condo conversion candidates in the area are trading for about $1,200/sf, which would put a price tag for the 116,009-sf building at around $140 million.
Tagged: [existing_link:cb29a7e047f3327b1d773d23eede6c39]
Manhattan Apartment High-Rise Hits Market
NYT: Home equity as ?catastrophic insurance??
Published Saturday, May 13, 2006 by Real Estate Pro.Edmunds said, “and that’s what they’re going to have to turn to.” One surprising error given the venerable source: the abbreviation FHA spelled out mistakenly as “Federal Housing Authority,” when the proper name for HUD’s main single-family housing entity is the Federal Housing Administration.
Tagged: [existing_link:cb29a7e047f3327b1d773d23eede6c39]
NYT: Home equity as ?catastrophic insurance??
Housing Market: The Great Escape
Published Friday, May 12, 2006 by Real Estate Pro.As I prophesized, there are more and more reports that extreme housing prices are pushing people further and further inward, leaving the coasts for cheaper living costs, more space, and (they say) better places to raise families. Peep this fluff piece from the Nov. 2005 West Virginia State Journal :
"They say the world is flat because of technology, and in this new flat world, people can do anything from anywhere," he said.
Tagged: New York
Housing Market: The Great Escape
FSBO Website Takes Off in Madison
Published Wednesday, May 10, 2006 by Real Estate Pro.Charging just $150.00, and with a filing system which consists of a stack of papers in the bedroom closet, FsboMadison listed about 2,000 homes in 2005 and said that about 72 percent of its listings sell. The manager of Wisconsin's biggest real estate broker's Madison office refers to the for-sale-by owner model, which has garnered a twenty-percent share of the Madison residential real estate market, as "a commission-avoidance scheme."
Tagged: [existing_link:cb29a7e047f3327b1d773d23eede6c39]
FSBO Website Takes Off in Madison
Hedge Around Your Home
Published Saturday, April 29, 2006 by Real Estate Pro.Miami is also the strongest market since the index began in 1987 and its appreciation has been double that of Denver in the period since. Marc Chandler, an economist at Brown Brothers Harriman and a one-time trader on the floor of the CME, complains it does not provide a like for like guide to prices over time, notably because it excludes the impact of home improvement, which he says contributes to the disequilibrium housing has in the economy.
Tagged: New York
Hedge Around Your Home
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Last posts
- Housing News: Now 100% 75% Bubble Free
- Trump Tower Already Faces Hurdles
- Manhattan Apartment High-Rise Hits Market
- NYT: Home equity as ?catastrophic insurance??
- Housing Market: The Great Escape
- FSBO Website Takes Off in Madison
- Hedge Around Your Home
- Buyer (And Seller) Beware
- Developers Amass Condo Building Sites
- Miami Herald and U.S. Condo Exchange Sign Agreement