Cobleskill Real Estate News
Real Estate news for Cobleskill, NY continually updated from thousands of sources.
Mar 30, 2016 | via National Mortgage News
Otsego County officials are looking at new ways to help financially distressed property owners keep the tax foreclosure wolf away from their doors. The county's annual tax auction in 2014 left county government mired in three lawsuits filed by property owners who objected to the fact their houses were sold under the gavel to the highest bidder, causing them to lose all equity and leave the county with the profit. Comment?
Jan 11, 2016 | via Albany Times Union
Dave Lamouret stands on farmland in Cherry Valley, Otsego County, that he is losing to foreclosure. The land has been in Lamouret's family for generations, but he fell behind on bills after being injured while serving in Afghanistan. Comment?
Saturday | via NY City News Service
New York's real estate market is pricey at all levels, but the rarefied air above 57th Street constitutes a new strata: Billionaire's Row. The buildings are ever sleeker and grander, leapfrogging one another in height, amenities - and price. Comment?
Thursday Aug 25 | via Reuters
SAO PAULO, Aug 25 Latin American stocks and currencies seesawed on Thursday as traders avoided big bets ahead of U.S. Federal Reserve Chair Janet Yellen's speech on Friday. Investors have been eagerly awaiting Yellen's remarks at the global central bankers meeting in Jackson Hole, Wyoming, since late last week. Comment?
Wednesday Aug 24 | via The Real Deal
According to the latest batch of market reports, more than 30,000 new rental units are coming to the market by the end of the year, New York City's homeownership rate is less than half the U.S. rate and most condominium buyers prefer all-cash deals. Developers have more than 30,000 new rental units in the pipeline to be completed this year, including 11,000 apartments in Manhattan. Comment?
Wednesday Aug 24 | via Independent Women's Forum
In an article for CNN , Democrat vice presidential candidate Tim Kaine outlines his and Hillary Clinton's plan to promote fair housing indeed a laudable goal and an issue that deserves more attention. Sadly, there were days in which housing was denied to Americans based on race, religion, sex and for other unjustified reasons. Comment?
Tuesday Aug 23 | via NBR Newsroom
Stocks on Wall Street rose in a broad but modest rally, pushing the Nasdaq to a record high amid better-than-expected earnings such as for Best Buy and strong new home sales. Fed chairwoman Janet Yellen is scheduled to speak on Friday at the Jackson Hole, Wyoming, conference of central bankers and her comments are eagerly awaited in terms of fresh clues on the timing of a US rate hike. Comment?
17 min ago | via Bangkok Post
An aerial view of Bangkok's Chid Lom area, where a super-luxury condominium project, 28 Chidlom, to be built for sales at over 300,000 baht per square metre. SEKSAN ROJJANAMETAKUN Despite the looming land and buildings tax, land prices in Bangkok's prime locations are expected to continue rising over the next year. Comment?
26 min ago | via Bloomberg
When Vincent Vollenbronck was living in Amsterdam's northern harbor as a teenager, it was a derelict expanse of potholed streets and abandoned docks where he'd sometimes throw bricks through the windows of empty warehouses. Now he's helping developers transform it into the city's fastest-growing area. Comment?
49 min ago | via Reuters
YONGIN, South Korea, Aug 29 In Yongin, a satellite city south of Seoul, orange construction cranes are racing to build gleaming new high-rises, but realtor Kim Woong-jib says he is pointing would-be apartment buyers to older buildings. The city of a million people has 5,301 unsold new residential units, government data shows, the most in South Korea and a symptom of a growing housing glut that is worrying policymakers. Comment?
1 hr ago | via Pnompenh Post
The Singaporean developer behind The Bay, a $500 million mixed-use real estate project on the capital's Chroy Changvar peninsula, has announced it is putting the residential phase of the project on hold due to unfavourable market conditions - a move that could herald the first major casualty of a looming real estate bubble, property analysts said yesterday. TEHO International Co Ltd, the SGX-listed parent company of The Bay's developer and marketing firm, said in a filing on Friday that it had suspended construction of The Bay's residential towers, citing concern that Phnom Penh faced an imminent glut of supply in condominium units. Comment?
1 hr ago | via The Globe and Mail
Apartments and houses stand beyond trees on a residential housing estate in Chafford Hundred, U.K., on Tuesday, June 24, 2014. U.K. house prices dropped by 1.2 per cent in August from July, but that's typical in the summer, and the average price is still 4.1-per-cent higher than last year. Comment?
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