Cheektowaga Real Estate News
Real Estate news for Cheektowaga, NY continually updated from thousands of sources.
Jun 22, 2016 | via National Mortgage News
New state legislation, passed in the early hours of Saturday morning, has to do with homes that have become so-called zombie properties - empty houses stuck in sometimes-lengthy foreclosure and prone to falling into disrepair. - Requiring banks to maintain properties that are in this process, with a daily fine of $500 for those that don't. Comment?
Dec 10, 2015 | via Rochester Business Journal
Roughly seven months after being acquired by one of the largest real estate companies in the nation, Nothnagle Realtors continues to grow locally and is looking to expand its reach across the state. "It couldn't be going any better," said Armand D'Alfonso, Nothnagle president and CEO, who purchased Nothnagle in 2006. Comment?
Sep 30, 2015 | via Your News Now
The Western New York Law Center has been conducting an ongoing study of the foreclosure crisis in Western New York; specifically, filings in Erie County in 2012. "It was long enough ago that these foreclosures should be completed based on the time lines that are out there, and a lot of them aren't," said Kate Lockhart, a paralegal with the law center. Comment?
15 min ago | via The Coastal Courier
Editor, For some reason, many people think badly of Donald Trump. Maybe it's because he is new to the political scene. Comment?
9 hrs ago | via City Limits
Over 16 weeks, City Limits and Enterprise Community Partners will feature prominent New Yorkers' views on how race and housing policy intersect to create a legacy each of us must confront, and the way forward we should take together. These are not necessarily views we endorse. Comment?
12 hrs ago | via Seeking Alpha
On Friday, the Conference Board released the latest batch of leading and coincident indicators. The LEIs had their second-largest monthly increase in 7 months, rising .3%. Comment?
Sunday Jul 17 | via Chronicle Newspaper
Recent state legislation requires lenders to maintain vacant houses before foreclosure proceedings are completed, not just after foreclosure, as prior law required. The new law also established a statewide registry of abandoned homes and a hotline for neighbors to report them. Comment?
Friday Jul 22 | via National Mortgage News
New York State Attorney General Eric Schneiderman on Thursday announced a new grant initiative aimed at reducing the volume of so-called zombie homes - properties that have not been properly maintained through prolonged foreclosure proceedings. The Zombie Remediation and Prevention Initiative would provide a total of $13 million in grants to local governments as part of a statewide competitive application process. Comment?
5 min ago | via The Georgia Straight
Memo to NDP leader John Horgan: hate to say I told you so, but once again Premier Christy Clark has given you a textbook lesson on the "power of the pivot," which I talked about in my last article in the Straight. As I said then, "I would not be at all surprised if this latest move by Clark on the consumer protection issue is only the first pivot of many on the housing file. Comment?
6 min ago | via The Chronicle Herald
B.C. TO BRING IN 15 PER CENT FOREIGN BUYER TAX: Foreign nationals who buy real estate in Metro Vancouver would pay an additional property transfer tax of 15 per cent under legislation introduced by the British Columbia government. Finance Minister Mike de Jong unveiled the tax as part of legislation aimed at addressing low vacancy rates and high real estate prices in southern B.C. "For example, the additional tax on the purchase of a home selling for $2 million to a foreign national will amount to an additional $300,000," de Jong told members of the legislature. Comment?
8 min ago | via South China Morning Post
Faced with mounting anger over soaring home prices and the suspected role of Chinese money, the government of British Columbia on Monday announced a surprise Hong-Kong-style 15 per cent tax on foreign home buyers in Vancouver. However, the measure will exempt the rich and foreign-earning immigrants who have long been associated with movements of the Canadian city's real estate market. Comment?
16 min ago | via The New Zealand Herald
Asia -Pacific real estate firm Ray White has expanded into China, signing an agreement to list new and old properties for sale with China's largest estate agency Lianjia. Photo / Getty A prominent Labour MP has expressed concern about a major New Zealand real estate agency's new linkup with China. Comment?
22 min ago | via Daily Herald
Interest rates on short-term Treasury bills were mixed in Monday's auction, with the rate on three-month bills unchanged and the rate on six-month bills falling to their lowest point in two weeks. The Treasury Department auctioned $37 billion in three-month bills at a discount rate of 0.320 percent, unchanged from the last week. Comment?
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