Real Estate Headlines- Record-breaking $90 million penthouse sale in N.Y.What real estate downturn? A two-level penthouse with sweeping views of Central Park just sold for more than $90 million — a record price for New York, according to the New York Times. […]
- Celebrity Real Estate: Seacrest and Ellen dealThe big real estate news in celebrity circles? Ellen DeGeneres finally sold her home, selling it to fellow star Ryan Seacrest, and Jennifer Aniston and Justin Theroux are renting in Beverly Hills while their modern home is renovated. […]
- Cities where jobs in manufacturing pay the mostNot all manufacturing jobs are created equal -- and certainly not manufacturing pay. According to a new study released by Brookings’ Metropolitan Policy Program, manufacturing wages differ widely between large cities. […]
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- Mortgage rates still falling, hit record lowsMortgage rates have continued to fall over the past week, setting record lows for both 30-year and 15-year contracts, mortgage giant Freddie Mac said Thursday. The 30-year benchmark now stands at 3.79 percent, down from 3.83 percent a week ago, with an average "point" fee of 0. […]
- The condo that's home to 'Fifty Shades of Grey'Banned, embraced and parodied for its graphic sexual content, "Fifty Shades of Grey," is fiction, but the home much of it takes place in is real. A luxury condominium in Seattle. […]
- Mortgage delinquency rate hits four-year lowThe delinquency rate on U.S. home mortgages fell in the first quarter to the lowest level since 2008, though the share of homes in the foreclosure process inched higher. […]
- Back from foreclosure to homeownershipWhen Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners. […]
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- Housing starts rev up, although permits slipThe nation's homebuilders broke ground on a higher-than-expected number of homes in April, laying the foundation for what could be an improving housing market after a long housing slump. […]
- Record-breaking $90 million penthouse sale in N.Y.
Category Archives: News
Real Estate News & Commentary by Chris McLaughlin, March 19, 2009
Floods of money: Recovery or inflation? The Federal Reserve was widely expected to hold the short-term bank lending rate at between zero and 0.25 percent, so it came as no surprise when it did. The decision to dump money into … Continue reading
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More on the $8000 tax credit
Hey, first-time homebuyer: How does $8,000 from your Uncle Sam sound? Want an extra $8,000? If you’re a first-time homebuyer then we have a nice surprise for you Last fall, the Federal Government introduced a financial incentive to prospective first-time … Continue reading
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FIRST TIME HOME BUYER TAX CREDIT EXPLAINED
First-Time Homebuyer Tax Credit Explained Do I have to pay it back? Can I get the money in 2008? Can I get a Bond Loan and the Tax Credit? Those questions and more answered! Max Amount of Credit $8,000 · … Continue reading
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