Category Archives: Home Renovations

Exterior Remodeling: Best Bang for Your Buck — New York Real Estate

Despite a slow market and a slight decrease in the resale value of most remodeling projects, REALTORS® report that the smartest home improvement investments may also be some of the least expensive. Results from the 2009 Remodeling Cost vs. Value … Continue reading

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4 out of 10 Recent Buyers Used FHA Loans — New York Real Estate

According to the most recent REALTORS® Confidence Index, 39 percent of recent buyers purchased a home with a Federal Housing Administration-insured loan. REALTORS® who took part in the November survey also reported that the number of first-time home buyers continued … Continue reading

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Mortgage Volume Rises Slightly — New York Real Estate

Mortgage applications were up 0.3 percent last week compared to the previous week on both a seasonally adjusted basis and on an unadjusted basis, according to the Mortgage Bankers Association weekly survey. The increase was in refinances, which rose 0.9 … Continue reading

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Green Mortgages Save Money And The Environment

Environmentally-friendly mortgages offer the potential of  lower utility bills, easier credit and the ability to borrow more. This peace of mind will make your mortgage cheaper and ultimately more comfortable. If you’re shopping for a mortgage, one option you may … Continue reading

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IRS Sets New Rules for Tax Credit

The IRS has spelled out guidelines for eligibility for the home buyer credit when co-borrowers purchase a property. When a home-owning parent of an adult child co-signs for a mortgage and both names appear on the note, the IRS says … Continue reading

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Harvard Economist Predicts Prices Will Stay Low

Harvard University economist Edward Glaeser discusses with Money Magazine where home prices will move next. He argues that older, colder cities are unlikely to come back because their initial growth was tied to transportation costs. Now that few goods are … Continue reading

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NAR: FHA Key to Housing Market and Recovery

The Federal Housing Administration mortgage insurance program is a critical part of the American housing fabric and has never been more important than it is in today’s market, NAR President Vicki Cox Golder told a congressional panel this week. Testifying … Continue reading

Posted in commercial real estate, Foreclosures, general, Home Buyer Tax Credit 2009, Home Renovations, Housing Market News Update, mortgage, New York Real Estate, Short Sales | Tagged , , , , , , , , , , , , , , , , , , , , , | 1 Comment