Carthage Real Estate News
Real Estate news for Carthage, NY continually updated from thousands of sources.
Apr 16, 2016 | via Watertown Daily Times
The median price of Jefferson County homes sold during the first quarter fell by $33,000 compared to the same period in 2015, a trend that suggests more foreclosed homes are being snapped up. The median price fell by 22 percent from $147,000 to $114,000, and the 25 lowest-priced homes during the first quarter sold from $9,000 to $40,000, according to Lance M. Evans, executive officer of the Jefferson-Lewis Board of Realtors. Comment?
Feb 21, 2016 | via Watertown Daily Times
City Assessor Brian S. Phelps acknowledges it's difficult to gauge what's happening with those so-called “zombie homes” in the city because it can take a few years before banks finally file foreclosure proceedings. But Mr. Phelps recently learned about a national real estate website that can help keep better track of “zombie” homes - properties that people have stopped paying their mortgages on and have moved out because they expect the bank to begin foreclosure - in the city. Comment?
Jan 13, 2016 | via Watertown Daily Times
Homes sold in Jefferson County in 2015 were dampened by a buyer's market, while sales in Lewis and St. Lawrence counties were up from 2014. An influx of new apartment complexes in recent years contributed to lower 2015 home sales in Jefferson County, where there is now a wealth of affordable housing options to choose from, said Lance M. Evans, executive officer of the Jefferson-Lewis Board of Realtors. Comment?
Dec 2, 2015 | via Watertown Daily Times
Real estate agents sold fewer homes during the third quarter in Jefferson County than the same period a year ago, while sales climbed in Lewis and St. Lawrence counties. Lance M. Evans, executive officer of the Jefferson-Lewis Board of Realtors, said home sales have dropped in the third quarter and year to date in Jefferson County, where an influx of new apartment complexes in recent years has contributed to the trend. Comment?
Oct 31, 2015 | via Watertown Daily Times
Members of a committee for the Jefferson County Industrial Development Agency last month reiterated a valid point made by the group two years ago. Morgan Management, Pittsford, acquired 54 acres of land in the town of Watertown from developer P.J. Simao, Alexandria Bay, in January 2014 for $1.25 million. Comment?
6 hrs ago | via The Washington Post
America's urban downtowns were neglected for decades, abandoned for newer malls in the suburbs and bigger homes on the edge of town. The construction of new highways helped speed their decline. Comment?
Yesterday | via The Fresno Bee
Two of Donald Trump's economic advisers, Lawrence Kudlow and Stephen Moore, have revived an idea about the source of the financial crisis that really should have been put to rest long ago. In a column published and rebroadcast by many politically sympathetic sites, they lay the blame for the credit crisis and Great Recession on the Community Reinvestment Act , a 1977 law designed in part to prevent banks from engaging in a racially discriminatory lending practice known as redlining. Comment?
Yesterday | via New Rochelle Talk
Attorney General Eric T. Schneiderman today announced new consumer tips released by his office aimed at helping New York homeowners become more savvy about home solar electric-generating systems. The consumer tips - entitled "Going Solar: Tips and Considerations for Homeowners" - provides information for New York homeowners on the different types of solar contracts available - such as solar purchases, solar leases, and power purchase agreements , and information for how to evaluate solar companies and their proposals. Comment?
Saturday | via Reason Magazine
The New York State Senate voted last week to approve a bill banning online advertising for short-term apartment rentals. The measure makes it possible for Airbnb hosts to rent rooms or part of their living space, but would make it illegal to rent an entire apartment on the website, or on any of its competitors. Comment?
Friday Jun 24 | via Daily Mail
Get out now! Furious EU leaders demand Britain makes quick exit from the EU as Prime Minister David Cameron resigns and global markets plummet over historic referendum vote to leave Europe PIERS MORGAN: No wonder Trump looks happy - Britain's exit from Europe should leave Hillary Clinton shaking in her boots and Donald knows it! Rating agency CUTS British credit outlook to 'negative' as European finance ministers say Brexit will limit British banks' access to EU markets It wasn't me! Obama shrugs off his humiliating failure to stop Britain quitting Europe by claiming 'globalization' was to blame for shock result Donald Trump says 'always wrong Obama' and Clinton pushed the British out of Europe by lecturing them to stay - and Americans will be next 'to take their country Brexit vote triggers a rush for EU passports as Google reports a spike in online searches and Irish government publish ... (more) Comment?
1 hr ago | via JD Supra
Phillipe Legrain, op-ed writing in the Times, considers the same, arguing that Friday's global markets crash is just the start of a Brexit-induced economic disaster NYTimes The leadership void at the top in the UK isn't helping matters at all, as resignations among both major parties reign supreme in the aftermath of the Leave vote NYTimes Leaving the IMF's Christine Lagarde to declare that it's up to policy makers to stanch the bleeding we saw on Friday Bloomberg A Times long-read on how the housing crisis "cleanup crew" - largely PE firms - ended up repeating many of the same mortgage-related mistakes that banks did, from quick foreclosures to poor paperwork management and worse NYTimes Anbang's asserting itself at the Waldorf, lobbying for up to of its rooms to be shuttered in the coming years to be converted into private apartments WSJ and Bloomberg Speaking of the crisis, ... (more) Comment?
11 min ago | via Post-Bulletin
J.M. Haggar was fascinated with Henry Ford's idea of the production line and mass production. He thought if cars can be mass-produced, why can't men's fine trousers and at popular prices? Many clothing manufacturers doubted Haggar's potential. Comment?
13 min ago | via South China Morning Post
Hong Kong home buyers are seeking larger mortgages, with lending now at an eight-year high as home prices continue rising, according to the mReferral Mortgage Brokerage Services. The mortgage broker says 35.1 per cent of its clients are now opting to borrow between 70 and 90 per cent of their purchase value - the highest proportion since its started researching the market in January 2008. Comment?
16 min ago | via Seeking Alpha
The share count for REM can be used as a proxy for the flow of new investors into the sector. The iShares Mortgage Real Estate Capped ETF is offering a beastly dividend yield, but the fund is delivering that massive yield through heavy investments in mREITs. Comment?
25 min ago | via Fox News
It was the vote heard 'round the world. Early Friday morning we learned that Britain's citizens had decided by a vote of 51.9% to 48.1% to leave the European Union in what is being coined the "Brexit," short for "British exit." Comment?
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