Amityville Real Estate News
Tuesday Apr 14 | via Insurance Journal West
A $24 billion sea of red ink has millions of Americans in vulnerable flood zones, including homeowners still struggling to recover from Superstorm Sandy, facing steep increases in flood insurance premiums. New legislation that went into effect this month - the second time in two years Congress has tweaked the troubled National Flood Insurance Program - allows rate increases of up to 18 percent. Comment?
Wednesday Apr 1 | via Newsday
Ted Papas, field supervisor for Cipco Boarding Co., boards up an abandoned house in Babylon on Aug. 26, 2014. Photo Credit: Newsday / Jeffrey Basinger Municipalities have to shoulder the responsibility for maintaining zombie homes. Comment?
Friday Mar 27 | via LongIsland.com
March 27, 2015 - An indictment was unsealed today in United States District Court for the Eastern District of New York charging Jerry Campora, Jr., a resident of Setauket, New York, with eight counts of mail fraud. Campora was arraigned this afternoon before United States District Judge Joanna Seybert at the federal courthouse in Central Islip. Comment?
Mar 20, 2015 | via Newsday
Neighborhoods across Long Island are battling an epidemic of blighted, abandoned houses as municipalities spend millions of tax dollars trying to maintain structures that fester with rats, mold, weeds and squatters. Long Island communities are littered with empty, neglected homes -- from small Cape Cod-style houses in Levittown, America's first suburb, to large Colonials in upscale Hamptons... Neighborhoods across Long Island are battling an epidemic of blighted, abandoned houses as municipalities spend millions of tax dollars trying to maintain structures that fester with rats, mold, weeds and squatters. Comment?
Mar 17, 2015 | via Albany Times Union
The Empire Center is out with a benchmarking or ranking of property tax rates and they have found that based on each $1,000 worth of home value, Binghamton residents have the highest tax burden statewide. Part of that is due to the struggling city's low home prices, and what is likely a high overhead and school cost that plagues lots of upstate communities. Comment?
Yesterday | via Reuters
NEW YORK, April 24 The strong U.S. dollar, Colombian peso depreciation and slow growth in Latin American economies are not expected to be serious threats to the credit strengths of Colombia's largest private banks, says Fitch Ratings. In a strong dollar environment, Colombia's banks' primary currency exchange threat is local creditors needing to service debt and repay loans in foreign currencies when the creditors' primary source of income is in COPs. Comment?
Thursday | via Forbes.com
View From The MiddleTM showcases our expertise, insights and ability to put our knowledge to work for the small business, middle market and transportation sectors. Founded in 1908, CIT is a financial holding company with more than $35 billion in financing and leasing assets. Comment?
Thursday | via The Peninsula
The dollar jumped back above 120 yen on Thursday following a strong increase in US existing home sales, while traders keep a wary eye on Greece's long-running bailout talks. In Tokyo, the greenback bought 120.05 yen, up from 119.89 yen in New York and 119.54 yen in Tokyo earlier Wednesday. Comment?
Thursday | via Iol.co.za
The dollar was mixed on Thursday, with upbeat US housing data briefly lifting the unit above 120 yen, while traders keep an eye on Greece's long-running bailout talks. In Tokyo, the greenback eased to 119.75 yen from 119.89 yen in New York, but it is still up from 119.54 yen in Tokyo earlier on Wednesday. Comment?
Wednesday | via The Skanner
It is ironic that April is Fair Housing Month and the U.S. Senate has yet to schedule a vote on the nomination of the first Black woman to become the nation's Attorney General. Nominated on November 14, the nomination of Loretta Lynch has lingered longer than the seven previous attorneys generals combined. Comment?
9 min ago | via Times Herald-Record
This spring will be a good time to buy or sell a home. But life isn't perfect, so expect to run into a couple of hurdles, especially if you are a buyer. Comment?
1 hr ago | via Reuters
Thousands of Croatians holding loans denominated in Swiss francs took to the streets of Zagreb on Saturday, demanding local banks to restructure the debts and the central bank governor to step down for failing to take action. Some 60,000 Croatians hold around 27 billion kuna worth of Swiss franc-denominated loans, mainly taken out during the 2000s when many in central and eastern Europe were attracted to low interest rates on the Swiss currency. Comment?
26 min ago | via SouthCoastToday.com
Century 21 Signature Properties is proud to announce the addition of another experienced real estate sales professional to its team. Nicole Mello joins Century 21 Signature Properties from a local independent firm. Comment?
28 min ago | via Atlanta Real Estate Forum
Despite favorable interest rates, becoming a first-time buyer while trying to stick to a budget can be tough in today's real estate market. But as two new owners at Manchester Walk in Lawrenceville recently discovered, it's not only possible but pleasurable to work through the process to become an owner. Comment?
33 min ago | via CBC News
Homes near Winnipeg's Selkirk Avenue in the 4A area, where market values of houses are the lowest in Manitoba. Peter Squire, multiple listing service market analyst for Winnipeg Realtors has his own name for it: 4A, or the area where the average sale price for a single-family house is increasing more than anywhere in Manitoba. Comment?
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