Monthly Archives: September 2010

Housing Tax Incentives Benefit Young Owners the Most — New York Real Estate

Housing Tax Incentives Benefit Young Owners the Most by Raja Tayeb on September 30, 2010 Housing tax incentives mostly benefit younger households, according to research from the National Association of Home Builders. The average mortgage interest deduction peaks for taxpayers … Continue reading

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Fannie and Freddie Offering Hard to Beat Deals — New York Real Estate

Fannie and Freddie Offering Hard to Beat Deals by John Tayeb on September 29, 2010 Beginning this week, Fannie Mae and Freddie Mac are trying to sell off 150,000 foreclosed homes by offering low down payments, no requirement for mortgage … Continue reading

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Applications to Purchase Homes Rose Last Week — New York Real Estate

Applications to Purchase Homes Rose Last Week by Raja Tayeb on September 29, 2010 Mortgage applications to purchase homes rose 2.4 percent last week, compared to the previous week, on a seasonally adjusted basis, according to the weekly report from … Continue reading

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Zillow.com May Go Public — New York Real Estate

Zillow.com May Go Public by Raja Tayeb on September 22, 2010 Rumors that Zillow.com is about to file for an initial public offering and go public are being fueled by executive changes at the top. Rich Barton, who is a … Continue reading

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White Can Be the Key to a Dramatic Room — New York Real Estate

White Can Be the Key to a Dramatic Room by John Tayeb on September 22, 2010 Interior designer Vicente Wolf’s new book, Lifting the Curtain on Design, says simply, “White can do everything. Painting a room white simplifies the environment. … Continue reading

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Are Cramdowns the Answer to Underwater Properties? — New York Real Estate

Are Cramdowns the Answer to Underwater Properties? by Raja Tayeb on September 22, 2010 The rising number of home repossessions could encourage Congress to pass cramdown legislation, something lenders fought vigorously and prevailed against when bankruptcy laws were reformed. But … Continue reading

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Fannie, Freddie in the Home-Selling Business — New York Real Estate

Fannie, Freddie in the Home-Selling Business by John Tayeb on September 21, 2010 Fannie Mae and Freddie Mac repossessed more than 191,000 homes during the first six months of 2010, twice as many as a year earlier. The mortgage financiers … Continue reading

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