New York Real Estatetag:blogger.com,1999:blog-260715572006-06-04T19:49:00ZBlogger
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trueReal Estate Pro2006-06-04T12:45:52-07:002006-06-04T19:49:00Z2006-06-04T19:49:00Ztag:blogger.com,1999:blog-26071557.post-114945054043705795Housing News: Now 100% 75% Bubble Free
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.
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.
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.
falseReal Estate Pro2006-05-13T11:15:20-07:002006-05-13T18:17:51Z2006-05-13T18:17:51Ztag:blogger.com,1999:blog-26071557.post-114754427127567532NYT: Home equity as ?catastrophic insurance??
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.
falseReal Estate Pro2006-05-12T13:39:11-07:002006-05-12T20:41:42Z2006-05-12T20:41:42Ztag:blogger.com,1999:blog-26071557.post-114746650264659768Housing Market: The Great Escape
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.
falseReal Estate Pro2006-05-10T18:22:26-07:002006-05-11T01:24:53Z2006-05-11T01:24:53Ztag:blogger.com,1999:blog-26071557.post-114731069320019165FSBO Website Takes Off in Madison
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."
falseReal Estate Pro2006-04-29T14:46:54-07:002006-04-29T21:49:05Z2006-04-29T21:49:03Ztag:blogger.com,1999:blog-26071557.post-114634734392545324Hedge Around Your Home
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.