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When Does Refinancing Make Sense?
Written by Mabelle   
Tuesday, 25 July 2006
Mortgage Bankers Association said that despite the upward drift in mortgage rates, refinancing continue to account for more than a third of all new mortgage applications.
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Your Options in Financing for Home Improvements
Written by Mabelle   
Tuesday, 25 July 2006
While it's fun to imagine how you'll use a new space in your home - a new master bathroom, a renovated kitchen or a spacious home office - figuring out how to pay for it is another matter entirely.
Read more...
 
US MLS Institute Find Ways for Nation-Wide Real Estate Open MLS
Written by Mabelle   
Tuesday, 25 July 2006
A group of real estate brokers and software firms have formed the Open MLS Institute, a nonprofit corporation, http://www.openmlsinstitute.org/, seeking to create open multiple listing service (MLS) standards that will allow real estate agents and consumers to view and list all homes for sale and rent in the United States.
Read more...
 
Illinois Acts to Support Homeless Single Women
Written by Mabelle   
Tuesday, 25 July 2006
The Illinois Housing Development Authority announced Monday a $1.1 million interest-free loan to help create affordable apartments for 28 homeless single mothers on Chicago's South Side.
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$600M USD Poured in a Real Estate Project in Bahrain Bay
Written by Mabelle   
Tuesday, 25 July 2006
The landmark US$1.5 billion Bahrain Bay has become the only real estate development project in Bahrain which has attracted US$600 million in foreign investment, reaffirming the Kingdom's status as a preferred destination for foreign investors.
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Homeowners Warned about Real Estate Scams
Written by Mabelle   
Tuesday, 25 July 2006
Victims include retired folks strong-armed into signing papers under the misconception that they are getting a reverse mortgage. Or a desperate homeowner who can't make the monthly adjustable mortgage payment and transfers the deed to get financial release, the BBB says. Or, the victim might be a family, saddled with huge medical expenses, facing foreclosure and succumbing to a stranger's offer to buy their property.
Read more...
 
Heating Real Estate Market for Biotech
Written by Mabelle   
Monday, 24 July 2006
The large glass-paneled research building sits directly across a square from Genzyme Corp.'s sleek, green headquarters. To cut its losses, Vertex sublet space in the building, first to Momenta Pharmaceuticals Inc. in fall 2004, then to Genzyme in early 2005. ``That one building was the biggest swing in the whole market for lab space," said Steve Purpura, a partner at Richards Barry Joyce & Partners, a Boston real estate firm that advises life-sciences companies and landlords. Now, if you're looking for 25,000 square feet of class A lab space in East Cambridge, you have few choices."
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Rising Fraud Connected to Increasing Mortgage Interest Rates
Written by Mabelle   
Monday, 24 July 2006
Sometimes the victim is a retired senior strong-armed into signing papers under the misconception that he is being granted a reverse mortgage. Homeowners in financial difficulty should first talk to their mortgage lender to explain the situation and to see if the loan can be restructured or refinanced.
Read more...
 
Imprisonment for 3 US Residents for Real Estate Scam
Written by Mabelle   
Friday, 21 July 2006
A Downey woman and two others on Thursday were indicted by a federal grand jury for their alleged part in a $12 million foreclosure scam that victimized more than 100 Southern California homeowners.
Read more...
 
How it is to Retire with Real Estate
Written by Mabelle   
Friday, 21 July 2006
While many people continue to concentrate their retirement portfolios in big mutual funds like Fidelity Magellan or Contrafund or stocks like Cisco Systems , IBM or Johnson & Johnson, proper portfolio diversification demands the inclusion of hard assets like real estate, which have a long history of providing solid returns.
Read more...
 
Not a Sunny Day for San Diego Real Estate
Written by Mabelle   
Friday, 21 July 2006
Signs of a chill are spreading in the state's hottest market. Homes were more in reach a year ago. Prices might have been a bit higher back then, she noted, but interest rates were a whole lot lower.
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Follow the Money and Know Who Really Pays for Real Estate Fees
Written by Mabelle   
Friday, 21 July 2006
Looking at the real estate in conventional wisdom is that the seller pays the sales commission to both the listing agent and the buyer's agent. Would you like to know the way things work? Follow the money.
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Slowdown in Denver Real Estate Market
Written by Mabelle   
Friday, 21 July 2006
According to a midyear report by the Trammell Crow Co, Metro Denver's retail real estate market is "slowing just slightly," but still solid because of strong job growth. The office and industrial markets continue to strengthen.
Read more...
 
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