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
Buyer (And Seller) Beware
Published Monday, April 24, 2006 by Real Estate Pro.You hear stories about sellers slashing listing prices to attract buyers, but home prices nationally have risen more than 10% over the past year. That leads people to take more risks than they should. The idea here is that if people's monthly payments to own a house are much higher than what they would spend to rent the same place, tax considerations included, then they must be banking on prices going up so they can sell for a profit someday.
Tagged: New York
Buyer (And Seller) Beware
Developers Amass Condo Building Sites
Published Thursday, April 20, 2006 by Real Estate Pro.And she didn't change her opinion upon learning that less than two weeks after Spreng bought her house, he sold the Capretta property for $1.19 million to Lady Godiva Investment Holdings LLC, a company in which he's a principal. Developers are "flipping things all over the place," said longtime area condominium developer Jim Mack of Volusia Properties, who recently flipped his company's Key Largo project in Daytona Beach Shores.
Tagged: New York
Developers Amass Condo Building Sites
Miami Herald and U.S. Condo Exchange Sign Agreement
Published by Real Estate Pro.Miami, FL, USA, April 13, 2006 -- The Miami Herald has selected US Condo Exchange, an online marketplace where condos can be listed, researched, negotiated and purchased in real time, as the portal for condo marketing and advertising published in The Miami Herald, according to Kim Marcille, Vice President of New Initiatives for The Miami Herald.
Tagged: New York
Miami Herald and U.S. Condo Exchange Sign Agreement
Housing News: Now 100% 75% Bubble Free
Published 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
Prophecies of Nostradamus
Published by Real Estate Pro.Construction of the Medicine Buddha sand mandala at the Ackland Art Museum. Tenzin Deshek, two Buddhist monks from the Namgyal Monastery in Ithaca, New York constructed a five-and-a-half foot Medicine Buddha sand mandala in the Ackland's Yager Gallery of Asian Art. This process concluded by March 21, and on June 8, 2001 the monks dismantled the mandala and deposited the sand in a body of water.
Tagged: New York
Prophecies of Nostradamus