Real Estate News

Mortgage News

last updated: 5 September, 2008 at 14:02

Mortgage Delinquency Rate Hits 29-Year High in Second Quarter of 2008 <p><strong>Mortgage delinquencies</strong> for U.S. homes in the second quarter of 2008 moved up six basis points from the previous quarter to 6.41% of all loans outstanding, marking a 29-year high, according to the MBA's National Delinquency Survey released Friday.</p> <a href="http://www.MortgageNewsDaily.com/09052008_Mortgage_Delinquency_Rate.asp">Read More Now</a>

Study Says U.S. 'Housing Bubble Has Popped' <p>A report on housing prices by Global Insight says that although prices for single-family homes are still heading downwards across the country, the rate of decline has gone down and "<strong>extreme overvaluation of house prices is essentially non-existent</strong>."</p> <a href="http://www.MortgageNewsDaily.com/09052008_Housing_Bubble.asp">Read More Now</a>

Friday's Events: U.S. & Canadian Employment Reports; Ivey PMI <p>The Canadian and U.S. employment reports for August followed by the Canadian Ivey PMI will be today's main highlights for North America. In the afternoon, markets will also hear from San Francisco Fed President Janet Yellen (non-voter).</p> <a href="http://www.MortgageNewsDaily.com/09052008_Friday_Events.asp">Read More Now</a>

August Nonfarm Payrolls Decline 84k, Unemployment Rate at 6.1% <p>U.S. nonfarm payrolls declined for the <strong>eighth straight month</strong>, falling more than expected by a total of 84k jobs in August, according to the Bureau of Labor Statistics on Friday. The unemployment rate was pushed up four-tenths to 6.1% (6.055%), well above expectations that it would remain at 5.7%.</p <a href="http://www.MortgageNewsDaily.com/09052008_Nonfarm_Payrolls.asp">Read More Now</a>

Fed's Fisher Says Inflation Might Not Moderate <p>The most hawkish voting member on the Federal Open Market Committee said on Thursday that it's unclear whether slow growth will moderate inflation into 2009, and said there are even odds that <strong>inflation will accelerate</strong> from its current level.</p> <a href="http://www.MortgageNewsDaily.com/09042008_Feds_Fisher.asp">Read More Now</a>

$7,500 Tax Credit Now Available to First-Time Home Buyers <p>When Congress passed the housing rescue bill (The Housing Assistance Act of 2008) in July, we published an article about some of the <strong>tax traps contained in the bill</strong>, waiting in hiding for the unwary.</p> <p>Warnings duly noted, further information and the regulations regarding this tax credit are now available. If you have an interest in the program, here are some <strong>basic facts</strong>...</p> <a href="http://www.MortgageNewsDaily.com/942008_First_Time_Homebuyer_Tax_Credit.asp">Read More Now</a>

Thursday's Events: ECB & BOE Rates, ADP Employment, ISM Services, Fed-Speak <p>The Bank of England and European Central Bank rate decisions will kick off the day, followed by the U.S. ADP unemployment report, initial jobless claims, the ISM non-manufacturing index, Department of Energy oil inventories and some Fed-speakers in the afternoon.</p> <a href="http://www.MortgageNewsDaily.com/942008_Thursday_Events.asp">Read More Now</a>

MBA Mortgage Applications Move Up in Week Ending September 3 <p>Weekly <strong>mortgage applications</strong> in the United States increased in the week ending Sept. 3, according to data released from the Mortgage Bankers Association (MBA) on Wednesday, which reported a 7.5% week-over-week rise in applications.</p> <a href="http://www.MortgageNewsDaily.com/932008_Mortgage_Applications.asp">Read More Now</a>

Initial Jobless Claims Rise to 444k <p><strong>Initial claims for unemployment benefits</strong> in the United States came in well above expectations, rising to 444k in the week ending Aug. 30, the Department of Labor reported on Thursday. Continuing claims rose to 3.435 million for the week ending Aug. 23.</p> <a href="http://www.MortgageNewsDaily.com/942008_Jobless_Claims.asp">Read More Now</a>

Economists Say Fed's Beige Book is Downbeat, but No Regions in Outright Decline <p>Markets failed to move on the release of the <strong>Fed's Beige Book</strong>, an anecdotal summary of the 12 District Banks over the six weeks ending Aug. 25. Economists say the report continues to reveal broad- based weakness, tight credit conditions and elevated price pressures, though not a single region was in outright contraction.</p> <a href="http://www.MortgageNewsDaily.com/932008_Beige_Book.asp">Read More Now</a>

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New York Time - Real Estate

last updated: 5 September, 2008 at 14:06

Buying Into the Vineyard Lifestyle Despite the declining housing market, developers are finding that homes built around wineries are still selling among wealthier buyers.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://travel.nytimes.com/2008/09/05/travel/escapes/05wineries.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://travel.nytimes.com/2008/09/05/travel/escapes/05wineries.html" border="0"/></a></span>

Havens | Hill City, S.D.: A Spot in the Black Hills for the Golden Years South Dakota’s Hill City is attracting retirees who seek scenic beauty, a bit of culture, laid-back attitudes and modest home and land prices.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/05/greathomesanddestinations/05havens.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/05/greathomesanddestinations/05havens.html" border="0"/></a></span>

Your Second Home | Stocking the Staples: Rule No. 1: Don’t Run Short Some second-home staples are harder to remember.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/05/greathomesanddestinations/05your.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/05/greathomesanddestinations/05your.html" border="0"/></a></span>

Living Here | Houseboats: At Home Afloat “It has everything — and more — that you’d find in a great condominium. "<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/05/greathomesanddestinations/05live.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/05/greathomesanddestinations/05live.html" border="0"/></a></span>

Breaking Ground: Costa Blanca & The Gateway Grand Residences A sports-focused residential development, and a beachfront condominium tower.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/05/greathomesanddestinations/05break1.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/05/greathomesanddestinations/05break1.html" border="0"/></a></span>

International Real Estate: For Sale in ... Montreal A one-bedroom penthouse apartment with panoramic views of Montreal is on the market for $1,866,400.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/03/greathomesanddestinations/03gh-sale.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/03/greathomesanddestinations/03gh-sale.html" border="0"/></a></span>

Property Values: What You Get for ... $150,000 A converted schoolhouse in Bridgewater Corners, Vt.; a two-bedroom co-op in Chicago; and a two-bedroom houseboat in Portland, Ore.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/03/greathomesanddestinations/03gh-what.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/03/greathomesanddestinations/03gh-what.html" border="0"/></a></span>

Renovating a French Mill A secluded mill has been transformed into a site for weeklong vacation packages themed around French cooking, architecture, art or bike rides through the Loire countryside.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/03/greathomesanddestinations/03gh-france.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/09/03/greathomesanddestinations/03gh-france.html" border="0"/></a></span>

The Ultimate Luxury: A Garage It adds convenience, privacy and security. And the oversize door is handy for moving big objects in or out. One owner even turned his garage into a music room.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31cov.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31cov.html" border="0"/></a></span>

Thrifty Ways to Upgrade a Building There are plenty of opportunities for cut-rate quality-of-life enhancements for co-ops and condominiums.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31cheap.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31cheap.html" border="0"/></a></span>

The Hunt: As Priorities Change, Perseverance Pays Off When Nick Kravitz and his wife, Hongyu Adella Lin-Kravitz, decided they wanted to move to a bigger home, they took months shopping for homes and neighborhoods.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31hunt.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31hunt.html" border="0"/></a></span>

Living In | Norwood, the Bronx: Where the Spirit of Renewal Rises Again Norwood, which suffered neglect in the 1980s and ’90s, is once again sprucing itself up. Its roads, with steep grades and closely packed wood-frame houses, almost recall San Francisco’s.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31livi.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31livi.html" border="0"/></a></span>

Streetscapes | The Diamond District: An Unshowy Setting for Gems The diamond district seems so firmly a part of Manhattan that it is hard to imagine any other destination for shoppers seeking high-priced gems, but in fact there once was one.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31scap.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31scap.html" border="0"/></a></span>

The Backyard in New York City: An Urban Oasis Screened from all but the envious eyes of aerial neighbors, the backyard is the most counterintuitive of New York spaces.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/nyregion/31backyards.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/nyregion/31backyards.html" border="0"/></a></span>

Upper West Side: Little Boxes, Far From the Hillside Eight stories above Broadway and 97th Street, construction is near completion on three little houses that sit atop a turn-of-the-century apartment building.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/nyregion/thecity/31hous.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/nyregion/thecity/31hous.html" border="0"/></a></span>

Habitats | Tudor City: The Well-Edited Nest Rose Cirigliano has turned her 320-square-foot efficiency apartment into a survivors’ camp where every item has a reason for being, or else.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31habi.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/31/realestate/31habi.html" border="0"/></a></span>

Powering Up The 3,800-acre Three Rivers Recreation Area in Oregon is home to more than 500 off-the-grid vacation homes.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/29/greathomesanddestinations/29grid.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/29/greathomesanddestinations/29grid.html" border="0"/></a></span>

Away: A Floating Investment A boat can be a place to ride out the market while giving a developing second-home destination a long-term test run.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/29/greathomesanddestinations/29Away.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/29/greathomesanddestinations/29Away.html" border="0"/></a></span>

Havens | West Wildwood, N.J.: A ‘Gated’ Community Surrounded by Water West Wildwood is so small that you wouldn’t know it was there unless someone told you. And that’s just how the people who live and vacation there want it.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/29/greathomesanddestinations/29HAVENS.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/29/greathomesanddestinations/29HAVENS.html" border="0"/></a></span>

Your Second Home | Rules for Guests: When Friendships Are Tested A few simple strategies will let you be a warm host to bad houseguests without losing control.<br/><br/><span class="advertisement"> <a href="http://www.pheedo.com/click.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/29/greathomesanddestinations/29Your.html"><img src="http://www.pheedo.com/img.phdo?x=f8a616b146d2490d87a68d6079fcc6df&u=http://www.nytimes.com/2008/08/29/greathomesanddestinations/29Your.html" border="0"/></a></span>

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International Real Estate

last updated: 5 September, 2008 at 14:00

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WDJ Realty Group Closes Second Quarter SUGAR LAND, Texas - (Business Wire) Weaver, Davis & Jacob (WDJ) Realty Group, a full-service commercial real estate company specializing in mixed-use property development, closed out several brokered deals during the second quarter of 2008. They include:

WDJ Realty Group Closes Second Quarter Intraday data provided by Interactive Data Real Time Services, a division of Interactive Data Corp. and subject to terms of use. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data. More information on NASDAQ

American Realty Capital Continues Expansion of Executive Team with Appointment of In-House Counsel NEW YORK--(BUSINESS WIRE)--American Realty Capital announced the appointment of Jesse Galloway as its Assistant General Counsel. Mr. Galloway will advise ARCs senior management team on real estate related legal issues. He will work closely with the

WDJ Realty Group Closes Second Quarter SUGAR LAND, Texas--(BUSINESS WIRE)--Weaver, Davis & Jacob (WDJ) Realty Group, a full-service commercial real estate company specializing in mixed-use property development, closed out several brokered deals during the second quarter of 2008. They

American Realty Capital Continues Expansion of Executive Team with Appointment of In-House Counsel NEW YORK--(BUSINESS WIRE)-- American Realty Capital announced the appointment of Jesse Galloway as its Assistant General Counsel. Mr. Galloway will advise ARC's senior management team on real estate related legal issues. He will work closely with the

Texas Realty Prices Double in a Decade, According to David Lewis, Founder of Lewis Realty Advisors HOUSTON-- (BUSINESS WIRE) -- The last 10 years have been a decade of growth and significant realty value increases in Texas with many properties more than doubling in value, according to Lewis Realty Advisors, one of the oldest and most respected

HDFC eyes distressed realty projects Sep. 5 - HDFC Chairman Deepak Parekh speaks to Reuters about plans to buy distressed real estate projects through its property funds. SPEAKER: Deepak Parekh, Chairman, HDFC No videos currently selected. Click on any video below, from any channel, to add

Inland Real Estate Corporation Closes $140 Million Term Loan Inland Real Estate Corporation (IRC) today announced that the Company has entered into a $140.0 million two-year unsecured term loan agreement with a lending group comprised of KeyBank, Bank of America, Wachovia, Wells Fargo and Charter One Bank.

Inland Real Estate Corporation Closes $140 Million Term Loan OAK BROOK, Ill. - (Business Wire) Inland Real Estate Corporation (NYSE: IRC) today announced that the Company has entered into a $140.0 million two-year unsecured term loan agreement with a lending group comprised of KeyBank, Bank of America, Wachovia,

Inland Real Estate Corporation Closes $140 Million Term Loan (BUSINESS WIRE) -- Inland Real Estate Corporation (IRC: , , ) today announced that the Company has entered into a $140.0 million two-year unsecured term loan agreement with a lending group comprised of KeyBank, Bank of America, Wachovia, Wells Fargo

Longtime Real Estate Industry Executive Bob Bill Joins HouseValues as Vice President and General Manager of Broker Services -- HouseValues, Inc. (NASDAQ: SOLD) today announced that longtime real estate industry executive Bob Bill has joined the company as vice president and general manager of broker services. Bill will also serve on the company's executive management team.

Lehman weighs real estate spinoff: report NEW YORK (Reuters) - Lehman Brothers Holdings Inc is considering a plan to put some $32 billion of its commercial real estate and mortgage assets in a new company and spin it off, Bloomberg reported on its website on Thursday. Under the plan, similar to

AXA Real Estate appoints Asia head HONG KONG -- The property investment arm of French insurer AXA has appointed Frank Khoo as its Asia head as part of a push into a region where it has spent $US2 billion in the last 18 months. AXA Real Estate Investment Managers (REIM), which has $US63

Kite Realty Group Trust to Present at INVESTIndiana Equity Conference and 2008 BMO Capital Markets North American REIT Conference INDIANAPOLIS-- (BUSINESS WIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that members of its senior management are scheduled to participate at the INVESTIndiana Equity Conference in Indianapolis, Indiana on Thursday, September 11th at 1:25

Locking out estate agents - nasty new law Shocking market conditions have pushed many agents out of market, many more to follow for different reasons, predicts top law man. It used to be easy to set up shop as an estate agent, but all that is set to change. Newcomers are set to find it very

STOCK ALERT - HK's Sun Hung Kai Props, Henderson Land fall on broker downgrades Extract not available.

Custom IDX Search Tools Enrich the Search Experience for Realtor Kathy Boucher - IDX, Inc. welcomes Kathy Boucher of Keller Williams Realty in Mokena, Ill. to the expanding list of real estate professionals customizing their websites with the help of IDX Broker software. This customized IDX solution allows listings from the Midwest

Stream Realty arranges sale of Richardson office building Stream Realty Partners, a real estate investment, development and services firm, says it recently helped The Cadle Co. in a deal to sell 2201 North Central Expressway, a 101,232-square-foot office building located in the heart of Richardson.The building

Real Estate Institute Wins FOR IMMEDIATE RELEASE The Real Estate Institute of New Zealand (REINZ) acknowledges the new Real Estate Agents Act is an improvement for people involved in real estate transactions, but that it does not go far enough. We were in total agreement the old

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