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2235 Riverside Drive condo for sale
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Tag Archives: housing market
New Mortgage Applications are Down to a 13 Year Low
Applications for primary home mortgages are down to level not seen since May 1997. The Mortgage Bankers Association, the trade group for mortgage bankers, is attributing this to the expiration of the federal tax credit and overall slow economic revival. … Continue reading
Posted in Contractors and Renovations, Mortgages and Finance Tagged ancillary services, carpenters, economic activity, economic revival, economic stimulus, federal tax credit, first time home, first time home buyer, first time home buyer tax credit, home mortgages, home ownership, housing market, mortgage applications, mortgage bankers association, new mortgage, painters, plumbers, subsidy, time home buyer, trade group 1 Comment
Its ok for Wall Street to Walk Away From a Mortgage so Why Not You?
When an investment corporation defaults, or walks away, from a property it is called a strategic default. When a home owner can no longer afford their mortgage they foreclose. Somehow there has been tremendous stigma placed on the homeowner that … Continue reading
Posted in Development, Mortgages and Finance, Property Value Tagged california public employees, california public employees retirement, california public employees retirement system, cooper village, employees retirement system, housing market, huffington post, investment corporation, large corporations, mckinley, new york times, peter cooper village and stuyvesant town, peter cooper village and stuyvesant town apartment complex, public employees retirement, public employees retirement system, residential property purchase, second wave, stigma, tishman speyer properties, Wall Street Journal 1 Comment
Corporate Foreclosures and Individual Foreclosures
In recent weeks major real estate developers have been walking away from properties because like many home owners, they are underwater on their mortgages. Tishman Speyer Properties gave up the 56-building, 11,232-unit Peter Cooper Village and Stuyvesant Town apartment complex … Continue reading
Posted in Development, Mortgages and Finance Tagged apartment, banks, cooper village, creditors, economy, federal government, financial institutions, financial liability, foreclosure, foreclosures, housing market, lenders, manhattan, many home owners, Mortgages, peter cooper village and stuyvesant town, peter cooper village and stuyvesant town apartment complex, real estate developers, realtytrac, unemployment rate Comments Off
Cincinnati Realtors report Local Homes Sales up 33%
The Cincinnati Area Board of Realtors reports that local home sales are up by 33%compared to the same time period one year ago. This marks the sixth straight month of year over year increases and is a strong indicator that … Continue reading
Case-Shiller Market report and our Cincinnati Real Estate Market
Yesterday the Case-Shiller home price index came out, and it had some positive numbers. The C-S index looks at 20 major metropolitan real estate markets and watches the change in home sale prices on a monthly basis. The index provides … Continue reading
Posted in Cincinnati Real Estate, Property Value Tagged buyer credit, caption, case shiller home price index, Cincinnati Real Estate, conclusions, decline, economic conditions, first quarter, first time home, first time home buyer, home price index, home values, housing market, local market, neighbor, time home buyer Comments Off
Numbers Do Not Lie Cincinnati Real Estate Market Is Recovering
The numbers tell the distinct tale that the Cincinnati real estate market is beginning a recovery. The latest information released about the geographic region that includes Hamilton, Butler, Warren, and Clermont counties shows a distinct improvement in the 2009 home … Continue reading
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