Montebello Real Estate News
Real Estate news for Montebello, NY continually updated from thousands of sources.
Aug 19, 2016 | via Inman Real Estate News
Rockland County closed sales of single-family homes increased 28.4 percent in the second quarter and 25.2 percent year-over-year. Inventory fell for single-family homes and condos by a respective 14.6 percent and 13 percent, while co-ops increased 1.5 percent. Comment?
Aug 16, 2016 | via National Mortgage News
A tight market for mid-range homes in Miami-Dade County drove up prices in the second quarter of 2016, but the overall number of existing home sales fell. There were nearly 7,500 existing home sales in Miami-Dade between April and June, down from roughly 8,300 during the same period last year, according to the Miami Association of Realtors. Comment?
Aug 16, 2016 | via National Mortgage News
Home construction unexpectedly accelerated in July to the fastest pace in five months, indicating the housing industry remains an area of support for the economy. Residential starts increased 2.1% to a 1.211 million annualized rate, exceeding all forecasts in a Bloomberg survey, from 1.186 million in June , Commerce Department data showed Tuesday in Washington. Comment?
Aug 15, 2016 | via American Banker
Sterling Bancorp in Montebello, N.Y., has sold its mortgage business to Freedom Mortgage of Mount Laurel, N.J., for an undisclosed price. Expect banks to pull back on energy lending in the near term, as regulators step up their scrutiny of oil loans and bankers approach the business with a "different attitude," says Mariner Kemper, chairman and chief executive at UMB Financial in Kansas City, Mo. Comment?
Aug 12, 2016 | via News12.com
Some Rockland County homeowners say there is still a problem with aggressive soliciting tactics by some real estate agents, and some local legislators are now calling on the state for action. A number of the bothered homeowners joined state Sen. David Carlucci and Assemblywoman Ellen Jaffe at Orangetown Town Hall as the lawmakers called for the Department of State to intervene, specifically asking for a formal public hearing into complaints of the "blockbusting" tactics. Comment?
Yesterday | via The Verona-Cedar Grove Times
Home prices in the New York metropolitan area inched up in July, but the increase was the weakest in the nation, the S&P CoreLogic Case-Shiller Indices reported today. Nationally, prices rose by about 5 percent in the 12 months ending in July, the Case-Shiller index said. Comment?
Friday Sep 23 | via Mortgage News Daily
Bottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. NEW YORK - The New York Federal Reserve on Friday lowered its forecast on U.S. economic growth in the third quarter and fourth quarters from what it estimated a week earlier following weaker-than-expected housing starts data for August. Comment?
Thursday Sep 22 | via Canadian Business Magazine
Computer hackers swiped personal information from at least 500 million Yahoo accounts in what is believed to be the biggest digital break-in at an email provider. The massive security breakdown disclosed Thursday poses new headaches for Yahoo CEO Marissa Mayer as she scrambles to close a $4.8 billion sale to Verizon Communication. Comment?
Thursday Sep 22 | via DNAInfo.com
The NYPD is constantly reminding New Yorkers not to fall for scammers trying every trick to get them to fork over their cash. From demanding people put money on debit cards to pay off IRS debts to inventing bogus crises like a relative in prison or a curse on the victim's family, the scammers mostly prey on the vulnerable who are the least prepared to suspect them, according to officials. Comment?
Thursday Sep 22 | via Bloomberg
Sales of previously owned U.S. homes unexpectedly declined to a six-month low in August, signaling buyers are getting discouraged by a limited selection of properties that's kept prices high, National Association of Realtors data showed Thursday. Inventory of available properties fell 10.1 percent from a year earlier to 2.04 million, the fewest homes since March A shortage of available properties for sale continues to hinder the market, the report showed, with inventories on a year-over-year basis falling for a 15th straight month in August. Comment?
7 min ago | via The Motley Fool
It was revealed earlier this month that employees at the nation's third-biggest bank by assets fraudulently opened 2 million customer accounts without customers' knowledge of or approval to do so. The Motley Fool's Gaby Lapera and contributor John Maxfield discuss the controversy in this week's episode of Industry Focus: Financials . Comment?
9 min ago | via Observer
John Leadbeater, 58, reported last Monday, Sept. 19, to the federal prison at Lewisburg, Pa., to begin serving a 60-month sentence following his March 2015 plea to conspiracy to commit wire fraud. Comment?
10 min ago | via Norwalk Citizen News
If you move into a new neighborhood being constructed outside of Amsterdam, your salad greens might come from the greenhouse attached to your home. Your eggs could be gathered from the village chicken coop, and your food waste would all get harvested for compost. Comment?
10 min ago | via NOLA.com
Federal Reserve Chair Janet Yellen said Wednesday that the central bank has no "fixed timetable" for raising interest rates but she believes the economy is ready for a rate hike by the end of the year. She said during an appearance before the House Financial Services Committee that when the Fed met last week, a majority of her colleagues believed it would be appropriate to raise rates before the end of this year. Comment?
11 min ago | via Bloomberg
Deutsche Bank AG isn't the only lender wrestling with the U.S. to resolve an investigation into toxic mortgage bonds: Credit Suisse Group AG and Barclays Plc are also each in settlement talks with the Justice Department, according to people familiar with the matter. A Credit Suisse deal could be announced within several weeks, one of the people said. Comment?
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