Go Ahead and Yell. He’s Everyone’s Punching Bag.
New York Times (Free subscription) | yesterday
Day in, day out, Norman Radow deals with the unpleasantries of the real estate mess. He works for lenders to revive developments gone awry.
Real Estate
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22nd Annual Help the Homeless Walkathon Takes Place on the National Mall
PR News Wire (Free subscription) | yesterday
WASHINGTON, Nov. 21 /PRNewswire-FirstCall/ --Today, thousands of people from the D.C. metropolitan area came together on the National Mall for the 22(nd) Annual Help the Homeless 5K Walkathon. This year's Help the Homeless Program beneficiaries are 134 nonprofit organizations that work to prevent and end homelessness in the Washington metropolitan area. The program also seeks to build awareness by...
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Homes in Corona for less than $500,000
L. A. Times Dodgers Blog (Free subscription) | yesterday
1510 San Clemente Lane, Corona 92882
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One homeowner dealt with a group problem. Who pays?
L. A. Times Dodgers Blog (Free subscription) | yesterday
Individuals must be very careful not to take on the association's responsibilities. Question: I live in a free-standing town house with no common walls and only two units in the entire association. The builder left a dangerous defect in my home. I wanted to bring a legal action against the builder and gave $7,500 to an attorney for the retainer fee.
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Old World grandeur, modern comforts
L. A. Times Dodgers Blog (Free subscription) | yesterday
A newly built Tuscan-villa-style house in Manhattan Beach offers plenty of luxuries at just under $6 million. Modeled after a Tuscan hillside villa, this new custom home in Manhattan Beach features an Old World exterior with a stylish modern interior of more than 8,500 square feet.
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Owners' willingness to 'strategically default' on loans depends largely on how far underwater they are
L. A. Times Dodgers Blog (Free subscription) | yesterday
Research shows that the bigger the difference between what people owe and their home's value, the more likely they are to walk away, even if they can still afford to make mortgage payments. That some underwater owners -- whose houses are worth less than what they owe -- are walking away from their homes even though they can still afford to make their mortgage payments has been well reported, if not...
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FHA-insured mortgages may become more expensive and harder to get
L. A. Times Dodgers Blog (Free subscription) | yesterday
The agency, which needs to pump up its reserves, considers raising its insurance premiums or increasing minimum down payments, among other possibilities. For several years, the Federal Housing Administration has been the go-to financing resource for cash-strapped home buyers who can't come up with a big down payment. It has zoomed from barely a 3% market share to nearly 30% of home purchase loans....
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Big Deal: Lots to Spend, Little to Buy
New York Times (Free subscription) | yesterday
Brokers say more wealthy buyers have come back to the table, looking for fabulous apartments at a bargain. But there are precious few listings.
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Lakers reserve guard Sasha Vujacic buys W Hollywood Residences condo.
L. A. Times Dodgers Blog (Free subscription) | yesterday
The condominium, in the $350-million development at Hollywood and Vine, has two bedrooms and 21/2 bathrooms. Lakers reserve guard Sasha Vujacic has purchased a unit at the W Hollywood Residences.
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Cottage housing projects sought
Seattle Times (Free subscription) | yesterday
University Place, near Tacoma, is now accepting applications for cottage-housing projects. The city recently adopted an ordinance establishing an "innovative housing" demonstration program that includes three pilot projects of up to 24 units per project. Deadline to apply is May 5, 2010.
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A holiday surprise, homes can sell; here is how to do it
Seattle Times (Free subscription) | yesterday
The real-estate market really slows down over the holidays, but some say it actually can be a good time to sell a home because of the lack of competition. You just have to do it right.
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Pressure on FHA to toughen terms
Seattle Times (Free subscription) | yesterday
For the past several years, the Federal Housing Administration (FHA) has been the go-to financing resource for cash-strapped homebuyers...
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Buying a home on (tax credit) deadline
Seattle Times (Free subscription) | yesterday
House shopping usually slows down in the winter, as people put their home searches on hold to trim the tree, buy presents to put under it...
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Shop around for best jumbo-mortgage deal
Seattle Times (Free subscription) | yesterday
The conforming limit varies by location. In most housing markets, it's $417,000, and any mortgage more than that is a jumbo. In the most-expensive housing markets, such as Los Angeles, any home loan of more than $729,750 is a jumbo. A few places are in between. For example, Seattle's conforming limit is $567,500; a short ferry ride away in Port Orchard, it's $475,000.
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Mortgage applications fall to 12-year low despite attractive rates
Seattle Times (Free subscription) | yesterday
"Now that the Fed's program has been extended and the government has extended its program, I would expect things to improve," Christopher Low, chief economist at FTN Financial in New York, said before the report. "If you don't see an improvement within the next couple of weeks, that would indicate a problem."
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Indian Real Estate: Pune, Retail Boom Times
neilsamsung | 28/09/2009
Pune Real Estate: A Vibrant Market According to a Times News Network report, the most vibrant retail real estate market in western India in the last 2-3 years is to be found in the city of Pune. Experiencing a economic revival due to the increasing inflow of IT / ITEs companies, Pune’s growth has given an added boost to the city’s real estate pushing retail in the forefront. Well-known brands and retail...
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