New Jersey Real Esate “Hoboken Real Estate ”
Jersey City Real Esate “Hoboken Condominiums ”
The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac (NYSE: FRE) announced that starting February 28, 2010, Home Value Explorer (HVE) will assist lenders in reviewing appraisals.
Loan Prospector will provide a point value estimate for the property address from HVE, which is Freddie’s AVM ( Automatic Value Explorer). The use of HVE, [...]
On Wednesday’s Commerce Department reported that housing starts in January rose 2.8 percent to a seasonally adjusted annual rate of 591,000.
NEW RESIDENTIAL CONSTRUCTION IN JANUARY 2010
The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential
construction statistics for January 2010:
BUILDING PERMITS
Privately-owned housing units authorized by building permits in [...]
Hoboken condominium and co-op prices prices go up in January!
Northeast: rose 2.3 percent to 76.1 in December and is 14.9 percent higher than December 2008.
December existing home sales dropped to the lowest level in more than 40 years plunging almost 17% from the previous month. The National Association of Realtors says sales dropped to a total of 5.45 million in December, down from 6.54 million in November.
Experts claim that this is due in part by an extension approved by [...]
Fueled by the 4.4% increased demand in home purchases as well as the drop in interest rates, mortgage applications surged in the first half of January.
Home refinancing was still the major driving factor posting a 10.7% as increase and representing over 70% of all the mortgage business.
Homeowners scrambled to take advantage of the 30 year [...]
Hit by record cold temperatures housing starts posted lower than expected numbers in December.
According to the Commerce Department said housing starts fell by 4 percent to a seasonally adjusted annual rate of 557,000 units. That’s 3000 units lower than the 580,000 units expected by analysts.
The number of permits authorized but not yet started rose 8.4 [...]
The Singapore government moves to try to stave off a housing bubble
In what looks to be a classic recovery existing home sales rebounded from August’s pullpback largely due to first time home buyers
United Kingdom
London, 28 April 2009
European cities dominate the top of the ranking
Vienna scores highest for overall quality of living, Baghdad the lowest
Singapore ranks top for city infrastructure; London ranks eighth
Vienna has passed Zurich to take the top spot as the world’s city with the best [...]
