Strong report on home sales

07.26.2008 | 6:39 am | Uncategorized

New home sales fell in June, the government said Friday, but the annual rate was stronger than economists expected.

Senate passes landmark housing bill

07.26.2008 | 6:37 am | Uncategorized

The Senate on Saturday overwhelmingly passed a landmark housing bill that will offer up to $300 billion in loans for troubled homeowners and establish a government rescue plan for mortgage finance giants Fannie Mae and Freddie Mac.

First Bank taps Bank of America veteran for top state post

07.25.2008 | 6:05 pm | Uncategorized

First Bank named David Austin as Florida regional president, responsible for corporate relationship management. (BAC)

Developer files new motion for Mortgages Ltd. Chapter 11 trustee

07.25.2008 | 5:57 pm | Uncategorized

Another Mortgages Ltd. borrower filed a motion July 24 in U.S. Bankruptcy Court requesting that a Chapter 11 trustee be appointed to the case. The filing claims that new attorneys and leadership assigned and hired to represent the local commercial real estate lender cannot adequately consider the interest of all parties involved.

U.S. foreclosures up 121 percent in second quarter

07.25.2008 | 4:21 pm | Uncategorized

Foreclosure filings were up nearly 121 percent in the second quarter nationwide compared with the previous year’s second quarter, and increased nearly 14 percent from the first quarter of 2008, according to RealtyTrac’s Q2 2008 U.S. Foreclosure Market Report.

Mortgage industry grilled in Washington

07.25.2008 | 4:04 pm | Uncategorized

A key House committee was set to grill home lenders and housing advocates on Friday about mortgage industry efforts to work out affordable loans for troubled homeowners.

10 house-selling secrets

07.25.2008 | 11:39 am | Uncategorized

It’s a tough market for selling a house. Maximize your chances of a sale at a good price with these house-staging tips from an expert.

Apartment For Rent in Upper East Side ($1,800.00)

07.25.2008 | 7:33 am | Uncategorized

New York, Upper East Side - ~~Truly charming~~Incredible Deal~~No Fee
Bedrooms: 0 Bathrooms: 1
~~Truly charming~~Incredible Deal~~No Fee
Great open space, red exposed bricks gut renovated, windowed Kitchen.Well maintained elevator building, very safe and clean.Located in one of the most desiderable neighborhoods(Upper Eastside), best restaurants, trendy bars shopping, Central Park just a stroll away.Two blocks from 86th and Lexington subway.Great No Fee DealMy sincere devotion to customers paired with my knowledge of what is available on the market will deliver you the highest return for your investment, in the least amount of time. Best Nr. to always get in contact with me 646 331 5523.
Agent Details:
Roberto Costanzo
Anchor Associates

Phone: 2123100310
Mobile: 6463315523

Foreclosure filings up 120%

07.25.2008 | 5:11 am | Uncategorized

Foreclosures continue to soar, with 220,000 homes lost to bank repossessions in the second quarter of this year, according to the latest statistics from RealtyTrac, an online marketer of foreclosed homes. That’s nearly triple the number from the same period in 2007.

2.2 million vacant homes for sale

07.24.2008 | 7:12 pm | Uncategorized

The percentage of vacant homes available for sale remained relatively flat in the second quarter, but still hovered in record territory.

Homeowners close equity spigot

07.24.2008 | 5:34 pm | Uncategorized

Read full story for latest details.

Two HART leaders appointed to national positions

07.24.2008 | 5:22 pm | Uncategorized

David Armijo, chief executive officer of the Hillsborough Area Regional Transit, was elected to serve on the Conference of Minority Transportation Officers' board of directors for a two-year term.

Metro signs lease in Hyattsville

07.24.2008 | 4:34 pm | Uncategorized

Metro’s Office of Customer Service and MetroAccess Services will relocate to Hyattsville from Silver Spring next year.

Home sales at 10 year low

07.24.2008 | 4:23 pm | Uncategorized

Sales of existing homes in June slowed more than expected and hit their lowest level in 10 years, according to an industry trade group report released on Thursday.

Grand jury investigates subprime lenders

07.24.2008 | 2:48 pm | Uncategorized

Read full story for latest details.

Mortgage rates rise again

07.24.2008 | 12:50 pm | Uncategorized

Rates on 30-year mortgages rose for the third consecutive week amid concerns about mounting inflation, the weak housing market and speculation that the Federal Reserve will hike interest rates soon.

Glimcher cedes control of Eastland Mall

07.24.2008 | 9:12 am | Uncategorized

Eastland Mall owner Glimcher Realty Trust is walking away from shopping center after three years of trying to sell it.

Condo For Sale in Midtown West ($685,000.00)

07.24.2008 | 5:50 am | Uncategorized

New York, Midtown West - Lovely Jr.1 with Style, Size, and Class!
Bedrooms: 0 Bathrooms: 1
Lovely Jr.1 with Style, Size, and Class!
Beautiful brand new glass tower right on the Hudson with stunning views, top of the line amenities, and the best tax abatement in the city, what⠙s not to like? Units are spacious and feature floor to ceiling windows, washer/dryers, beautiful hardwood floors, and nicely appointed kitchen and baths. Building features a 24 hour doorman/concierge, fitness center, roof deck, game room, swimming pool, and much more!Studios from the 0⠙s, One Bedrooms from the 0⠙s, and Two Bedrooms from .25m.
Agent Details:
Homestead Sales
Homestead New York Realty

Phone: 2125665550
Mobile: 2127670900

How housing rescue bill can help you

07.23.2008 | 9:45 pm | Uncategorized

The House on Wednesday passed a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure and supporting mortgage giants Fannie Mae and Freddie Mac.

New Fed rules miss one key lending abuse

07.23.2008 | 4:42 pm | Uncategorized

Mortgage brokers and loan officers are getting paid fat fees by lenders to put unsuspecting borrowers into expensive loans. And the new lending rules issued last week by the Federal Reserve do nothing to stop this abusive practice.

Mortgage applications fall 6.2%

07.23.2008 | 9:39 am | Uncategorized

Read full story for latest details.

Apartment For Sale in Canton ($769,900.00)

07.23.2008 | 3:16 am | Uncategorized

Canton, Canton - 37 Atwater Road
Bedrooms: 5 Bathrooms: 3
37 Atwater Road
This is a classic new center entrance Colonial adjacent to Griswold Farms, built by the award winning Carrier Enterprises.
Agent Details:
Ellen Seifts

Phone: 8606763909

Need a mortgage? Bring cash

07.22.2008 | 8:05 pm | Uncategorized

Are you ready to buy a house in this crazy market? Better bring a boatload of money to the closing.

National Retail Development gets $11.5 million loan for Ironwood Festival in Scottsdale

07.22.2008 | 6:28 pm | Uncategorized

National Retail Development Partners received an $11.5 million loan from Kennedy Funding Inc., a direct lending company out of Hackensack, N.J., for a mixed-use office and retail complex in Scottsdale to be called Ironwood Festival.

California foreclosures hit 20-year high

07.22.2008 | 2:10 pm | Uncategorized

Read full story for latest details.

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