From the monthly archives:

December 2009

Predictions on Future Mortgage Rates

by John TayebDecember 6, 2009 commercial real estate

What will happen to mortgage rates if the Federal Reserve stops buying mortgage-backed securities next March? If and when that program ends, mortgage rates will rise, but most financial observers say it is very likely they won’t skyrocket. Keith Gumbinger, a vice president at financial publishers HSH Associates, predicts that the end of Fed intervention [...]

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Real Estate Live

by John TayebDecember 5, 2009 general

Post Real Estate columnist Elizabeth Razzi discussed the local housing market — from condos and investment properties to contracts and mortgages on Friday, December 4, at 1 p.m. ET. Razzi is the author of two consumer-advice books, “The Fearless Home Buyer” (2006) and “The Fearless Home Seller” (2007). A transcript follows. ____________________ Elizabeth Razzi: Hi, [...]

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Real Estate Considerations When Buying a Business

by John TayebDecember 4, 2009 commercial real estate

Location can be a primary consideration when purchasing a business. Unless you are planning to operate a business from your home or your own office, you will need to review the location of the business, analyze the current lease, or buy the real estate along with the business. Most businesses rent their space. Many business [...]

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10 Commercial Real Estate Terms You Should Know

by John TayebDecember 3, 2009 commercial real estate

Whether you own or rent your office space, property costs are one of the largest business overhead expenses. That’s why it’s important to comprehend the full ramifications of taking over the title to a property or entering into a lease agreement. Before you sign a lease, work with a commercial real estate broker with a [...]

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Will new virtual firms pave way for full MLS?

by John TayebDecember 2, 2009 general

With online brokerages now allowed to advertise other firms’ exclusives, some say listing sharing is next A new breed of online brokerage is springing up in New York, altering the landscape of real estate sales in Manhattan and worrying traditional firms, who fear the changes may hurt their business. In the past, New York firms [...]

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How long does a foreclosure stay on your credit report?

by John TayebDecember 1, 2009 Foreclosures

With all the foreclosures sprouting up, struggling homeowners that are either going through the process or teetering on the brink may be wondering what the repercussions are. With regards to credit, foreclosure is a very serious delinquency, and one that will stay on your credit report for up to seven years (typically from the date [...]

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Pending Sales of U.S. Existing Homes Rose in October

by John TayebDecember 1, 2009 general

The number of contracts to buy U.S. previously owned homes unexpectedly rose in October as consumers rushed to take advantage of a tax credit that was due to expire. The index of signed purchase agreements, or pending home sales, climbed 3.7 percent to 114.1 after increasing 6 percent in September, the National Association of Realtors [...]

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