You are here: Home \ commercial real estate

From the category archives:

commercial real estate

Mortgage Rates Continue to Fall

by Tayeb Realty GroupAugust 31, 2010 commercial real estate

Average interest on long-term mortgages slid to a record low for the eighth time in nine weeks and could dip more. Freddie Mac reports that 30-year fixed loans averaged 4.36 percent this week, down from 4.42 percent a week ago; the 15-year fixed rate fell to a new low of 3.86 percent from 3.90 percent; [...]

Read the full article →

Mortgage Rates Drop to New Lows

by Tayeb Realty GroupAugust 23, 2010 commercial real estate

Fixed mortgage rates have maintained recent lows or set new ones for more than two months now, sinking to 4.42 percent on 30-year loans for the week ended Aug. 19. The rate is down from 4.44 percent last week and is the lowest ever recorded since Freddie Mac launched its survey almost 40 years ago. [...]

Read the full article →

Commercial Market Perking Up at the Top

by Tayeb Realty GroupAugust 10, 2010 commercial real estate

Commercial property analysts are declaring that property investment is on the upswing after one of the longest down periods ever. Of course, not every class of building owner has yet to reap the rewards of this apparent turnaround. Real Capital Analytics reports that properties valued at $20.6 billion changed hands in this year’s April-through-June period, [...]

1 comment Read the full article →

REIT Funds Are Flying High

by Tayeb Realty GroupAugust 6, 2010 commercial real estate

Analysts report that the surprising outperformance of exchange-traded funds that track real estate stocks since the first of the year suggests improvement in the economy and the battered commercial-property sector. In their second-quarter earnings outlook, analysts at Keefe, Bruyette & Woods write that REITs have outperformed the broader market “in anticipation of upcoming growth opportunities, [...]

Read the full article →

Construction Spending Rose in June

by John TayebAugust 4, 2010 commercial real estate

Overall construction spending rose in June, driven by record government spending, the U.S. Department of Commerce reported Monday. Spending on single-family residential structures declined 0.7 percent in June, the first time that number has gone down in a year. Funding for public construction increased 1.5 percent in June, with most of the money spent on [...]

Read the full article →

Oil Drives Beach Property Prices Downward

by John TayebJune 29, 2010 commercial real estate

Oil and the threat of it along the Gulf Coast is driving down real estate prices, hitting an area hard that has already suffered from hurricanes as well as the general real estate downturn. Mike Boudreaux, president of Gulf Coast Investment Developers in Biloxi, Miss., says beach property isn’t selling even though “if you walk [...]

Read the full article →

Financial Compromise Bill Close to Passage

by Tayeb Realty GroupJune 28, 2010 commercial real estate

The U.S. House and Senate reached agreement early Friday morning on the largest financial overhaul since the Great Depression. The bill will particularly affect home buyers seeking mortgages, requiring lenders to ensure that a borrower is able to repay a home loan by verifying income, credit history, and employment. It also would ban payments to [...]

1 comment Read the full article →

Inmates Get $9.1 Million in Home Buyer Credits

by Tayeb Realty GroupJune 24, 2010 commercial real estate

More than 1,200 prison inmates, including 241 serving life sentences, applied for and received first-time home buyer tax credits, according to a Treasury Department report released Wednesday. Treasury said many filed multiple claims, even some outside the alloted time persiod, and received help from paid preparers. Altogether they fraudulently received $9.1 million in tax credits [...]

3 comments Read the full article →

Warning: getimagesize(http://www.writingshop.ws/assets/images/bailout-cartoon.gif) [function.getimagesize]: failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /home/newyorkr/public_html/wp-content/themes/tizishtheme/lib/functions/post_images.php on line 63

Geithner: Bailout Costs Should Be Recouped

by John TayebJune 24, 2010 commercial real estate

Treasury Secretary Timothy Geithner told the Congressional Oversight Panel on Tuesday that taxpayers were likely to get most of their investments back from bailouts in the banking, insurance, and automotive businesses. Geithner said that banks have repaid about $21 billion, 75 percent of the bailout money they received. He said General Motors and Chrysler will [...]

1 comment Read the full article →

Housing Woes Threaten Economy

by Tayeb Realty GroupJune 24, 2010 commercial real estate

Economists said May’s decline in home sales may weaken an already tepid economic recovery. New-home sales tumbled 33 percent last month, the biggest drop on record, according to the U.S. Commerce Department. “If there is a sharp decline not only in housing sales but in housing prices, that could threaten a recovery,” says Susan Wachter, [...]

1 comment Read the full article →
Page 5 of 10« First...«34567»...Last »