Daily Archives: February 24, 2010

Being a Landlord Can Be Increasingly Profitable

Being a Landlord Can Be Increasingly Profitable by John Tayeb on February 24, 2010 Despite falling rents and rising vacancies, the profitability of residential rental property is improving. Investments in apartment complexes are generating annual returns of 7-8 percent immediately … Continue reading

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Treasury Proposes Plan to Help Borrowers

Treasury Proposes Plan to Help Borrowers by John Tayeb on February 23, 2010 The U.S. Treasury Department is considering a plan to improve the chance that distressed home owners will get help from federal programs. Among other things, Treasury proposes … Continue reading

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Short Sales Rise in Popularity, Survey Finds

Short Sales Rise in Popularity, Survey Finds by Raja Tayeb on February 23, 2010 Short sales accounted for 15.9 percent of home purchases in January, according to a survey by Campbell Surveys for Inside Mortgage Finance. Before January, the peak … Continue reading

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Record-low rates still needed: Bernanke

Record-low rates still needed: Bernanke U.S. Federal Reserve Chairman Ben Bernanke JIM YOUNG/REUTERS Fed chairman strikes confident tone that recovery should endure; seeks to tamp down expectations Jeannine Aversa Washington — The Associated Press Published on Wednesday, Feb. 24, 2010 … Continue reading

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