Lavallette Real Estate News
Real Estate news for Lavallette, NJ continually updated from thousands of sources.
Jun 21, 2016 | via National Mortgage News
With rent of $1,160 a month in Asbury Park, N.J., taking up most of her family's income, Susan Aquino began to search for a new apartment that would give her some breathing room. "We were looking for two bedrooms, and they were...$1,500 to $1,700 between October and March," said Aquino, 43. For many longtime owners, times are good. Comment?
May 23, 2016 | via Natl. Relocation & Real Estate
Today's Power Broker Roundtable focuses on inventory, demand, and how we can solve some of today's hardest housing challenges. The Power Broker Roundtable is brought to you by the National Association of REALTORSA and Nick D'Ambrosia, NAR's Liaison for Large Residential Firms Relations. Comment?
Apr 30, 2016 | via Philly.com
A crowded city like nothing New Jersey has ever seen is rising over this once sleepy Ocean County township, and its neighbors are on edge. In adjacent Toms River, those tensions started in late 2014 when bearded men in wide hats began knocking on doors. Comment?
Apr 21, 2016 | via Patch.com
Caldwell, NJ - Authorities say that a married couple with a Caldwell home allegedly filed a fraudulent application for Superstorm Sandy relief funds. According to the New Jersey Office of the Attorney General, Claire P. Sullivan, 55, and Catherine Perry, 57, both of Caldwell, allegedly obtained $22,253 after Superstorm Sandy by filing false applications for a state grant under the Homeowner Resettlement Program and state assistance under the Sandy Homeowner and Renter Assistance Program funded by the New Jersey Department of Human Services. Comment?
Apr 20, 2016 | via Patch.com
Acting Attorney General Robert Lougy announced that criminal charges were recently filed against the seven, who all claimed their primary homes were damaged in the Oct. 29, 2012 storm that ravaged the New Jersey coast. "Under each of these disaster relief programs, it was made absolutely clear that only those whose primary residences were damaged qualified for aid, but these defendants selfishly lied about their situation to divert funding intended for those left homeless when Sandy struck," Lougy said. Comment?
Tuesday | via The Verona-Cedar Grove Times
New Jersey vacation rentals booked through online services such as Airbnb would be subject to the same state and local occupancy taxes as hotel and motel rooms under a bill introduced in state Assembly. Assemblywomen Valerie Vainieri Huttle, D-Englewood, and Annette Quijano, D-Union, have co-sponsored the measure, which would impose on these rentals a 7 percent sales tax, a 5 percent occupancy fee and up to a 6 percent municipal occupancy tax - the same as motels and hotel pay. Comment?
Monday Jul 25 | via The Jersey Journal
New Jersey continues to lead the country in foreclosures despite a national trend showing many states recovering to pre-recession numbers. Nationwide, properties starting the foreclosure process during the first half of 2016 were down 17 percent from the same time last year , the lowest figures recorded since 2006, according to data recently released by RealtyTrac. Comment?
Sunday Jul 17 | via The Verona-Cedar Grove Times
On Wilson Avenue in Wayne, a shady street of well-kept homes, the wood contemporary at No. 96 stands out. Comment?
Sunday Jul 17 | via NorthJersey.com
John Franken, owner of the home in the background, standing by a "zombie" house at 80 Renaissance Drive in Clifton. On Berdan Avenue in Fair Lawn, a piece of black tarp hangs off the roof of a brick Cape Cod, and two dead evergreens stand sentinel at the front steps. Comment?
Thursday Jul 14 | via NorthJersey.com
Mortgage rates have sunk again to near rock-bottom lows, thanks to the economic uncertainty caused by United Kingdom's recent decision to leave the European Union, spurring a surge in refinance applications. Mortgage giant Freddie Mac said Thursday the average 30-year fixed-rate mortgage was 3.42 percent, a little more than a tenth of a percentage point above the record low of 3.31 percent in November 2012. Comment?
2 min ago | via Surreycomet.co.uk
Lloyds Banking Group is cutting 3,000 jobs and shutting 200 branches as the lender braces for a cut in interest rates following Britain's decision to quit the European Union. The part state-backed bank said a cost-cutting programme announced in 2014 will be extended and the "expected lower for longer interest rate environment" will see the new cuts come into effect by the end of 2017. Comment?
16 min ago | via AmericanBankingNews.com
's stock had its "buy" rating reissued by investment analysts at Canaccord Genuity in a research note issued to investors on Thursday. They presently have a GBX 420 price target on the stock. Comment?
17 min ago | via The Washington Post
That's the strategy of some of the biggest U.S. insurers as they seek higher returns in an investment universe where buying bonds sometimes means guaranteed losses. The largest U.S. banks are constrained by post-2008 rules that make it tougher for them to extend loans. Comment?
23 min ago | via RTE.ie
The lender announced that it is paying back 1.8 billion to the State to redeem loan notes issued during the bailout It has also announced that it is paying back 1.8 billion to the State to redeem loan notes issued during the bailout. Bernard Byrne, AIB's CEO, said the figure was made up of underlying profit of around 500m as well as two other items - credit provision write-backs on impaired loans, which amounted to a net benefit of 200m, and the disposal of the bank's interest in Visa Europe which amounted to another 200m. Comment?
35 min ago | via Live Charts
Countrywide's shares jumped on Thursday as Numis upgraded its rating to 'add' from 'hold' despite a profit warning from the real estate agent. The company warned that 2016 earnings will be lower this year, as commercial and London residential transactions have stalled since Britain voted to leave the European Union on 24 June. Comment?
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