Homes And Condos


December 29, 2007

(Traverse city michigan hotels and condominiums) Most banks are also known to turn down u….

Filed under: Homes And Condos — Admin @ 12:55 am

Most banks are also known to turn down unfinished home mortgages that they feel will have trouble selling in the event that you default.

A real estate insider knows the ins and outs of the real estate market in his or her own area of interest.

Colonial Properties Sells Ala. Assets

Apartment real estate investment trust Colonial Properties Trust said Wednesday it completed the sale of certain Birmingham, Ala.-based assets to a joint venture partner for $48.5 million. via MSN Money

US mortgage applications at year-low

US mortgage applications sank last week to the lowest level since the end of last year despite falling borrowing costs, an industry trade group said on Thursday.

Trump’s new tower faces a challenge

“They thought they were going to flip them, and they don’t want to be paying mortgage payments”

The winner of the latest installment of the reality TV show “The Apprentice,” Stefanie Schaeffer, is facing a challenge that surpasses anything made for television. via ScrippsNews

Would-be Home Buyers Await Deeper Discounts

The upside to a housing slump is cheaper homes. But many prospective buyers don’t see bargains yet, especially as stricter lending standards qualify only the cream of the credit crop.

South Florida’s Economy: Unemployment remains low in South Florida

“There were an incredible number of large blocks of office space returned to the market. There are very few of those now.”

The South Florida economy is slowing but still growing, as hiring in trade, tourism and healthcare in November offset declines in the sputtering real-estate industry. Still, Florida’s consumers are more worried about their wallets than they’ve been in five years.

Miami-Dade and Broward counties added 26,400 jobs over the past year, a 1.1 percent gain, according to figures from the state’s labor agency. Unemployment rates in the two counties — 3.7 percent in Miami-Dade and 3.9 percent in Broward — remain solidly better than the state overall. Florida’s jobless rate was 4.3 percent, while the nation’s was at 4.7 percent. Read more

NAR Says Terrorism Insurance Law Will Protect Commercial Market

“TRIA reauthorization will strengthen the economic security of the commercial real estate market by reducing the uncertainty of terrorism coverage availability and by covering many forms of terrorist activity”

The commercial real estate market and the health of the nation’s economy as a whole will benefit from the reauthorization of the federal government’s terrorism risk insurance program, which President George W. … via The South Mississippi Sun Herald

Ivanka Trump Says There Is More To Her

Ivanka Trump insists there is more to her than only being the daughter of Donald Trump. The 26-year-old says her job in real estate is “her life.” She also reveals just because she Trump’s daughter, doesn’t mean she doesn’t pay her own way.

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