New Hyde Park Real Estate News
Real Estate news for New Hyde Park, NY continually updated from thousands of sources.
Tuesday Feb 24 | via Business Journal
BofA this week disclosed plans to cut an additional 116 mortgage-related jobs in the Dallas area , bringing the total recent layoffs there to 177 lost jobs. In addition, Long Island's Newsday reports 53 Bank of America mortgage-servicing employees will lose their jobs in the Nassau County, N.Y., hamlet of Jericho. Comment?
Tuesday Feb 17 | via Newsday
In Nassau County, the median price ticked up to $430,000 last month, a gain of 1.2 percent compared to the previous January, the Multiple Listing Service of Long Island reported Tuesday. The number of sales dropped by 5 percent year-over-year to 757. Comment?
Thursday Jan 29 | via Albany Times Union
Senate Majority Leader Dean Skelos is the latest power figure in Albany to find himself under the watchful eye of U.S. Attorney Preet Bharara, according to a new report. NBC 4 New York reported late Thursday that Bharara is investigating Skelos' "sources of income" and "ties to the real estate industry," citing unnamed "people familiar with the investigation." Comment?
Jan 28, 2015 | via Newsday
Long Island home values barely edged up in 2014 and remain below levels seen before the housing crash, despite rising prices for luxury residences. Across the Island, excluding the East End, homes sold for a median price of $362,000 in the last three months of 2014, up less than 1 percent from a year earlier, the Manhattan-based appraisal firm Miller Samuel and brokerage Douglas Elliman said... Long Island home values barely edged up in 2014 and remain below levels seen before the housing crash, despite rising prices for luxury residences. Comment?
Jan 27, 2015 | via 13WHAM
Residents of New Hampshire, where Nashua got 33 inches of snow and Hudson got 32, are venturing outside to assess the damage. Bob Preston is a real estate agent in Seabrook, a coastal town strafed by high winds and almost 28 inches of snow. Comment?
3 hrs ago | via Seeking Alpha
Singapore has the highest standard of living of any country in Asia and higher than the U.S. There are two reasons for this: The problem is, because it's 100% urban and has limited land, it has some of the most expensive real estate in the world. You can see how real estate prices in Singapore have risen 68% since early 2009 and 110% since the 1999 low after the Southeast Asian financial crisis. Comment?
Friday | via Business Wire
The report is available at 'www.fitchratings.com'. Additional information is avail... )--Apollo Commercial Real Estate Finance, Inc. today announced the Board of Directors set March 9, 2015 as the record date for the Compan... )--The New York Society of Security Analysts is saddened by the passing of Irving Kahn, a pioneering investor and original member of NYSSA. Comment?
Friday | via The Washington Post
The company's shares dropped 13 percent to $8.51 as of 12:48 p.m. in New York trading, the most since Jan. 23. Wells Fargo & Co., the trustee for the transactions, said in letters to investors this week that a majority of bondholders had directed it to terminate Atlanta-based Ocwen from working on the deals, which include about $260 million of loans, or less than 0.2 percent of its business related to mortgages without government backing, according to data compiled by Bloomberg. While the immediate financial impact is likely to be small, the action signals a risk of additional moves to fire Ocwen by investors or trustees, according to reports by Keefe Bruyette & Woods Inc. and Compass Point Research & Trading LLC analysts. Comment?
Wednesday Feb 18 | via Crain's New York Business
CREW New York, the largest group for professional commercial real estate women in New York City, will host its monthly luncheon with notable keynote speakers focusing on collaboration in the commercial real estate industry. Please join guest speakers Paul Massey, Ron Lo Russo and Robert A. Knakal as they discuss Cushman & Wakefield's successful acquisition of Massey Knakal and what it means for New York City's commercial real estate market. Comment?
Wednesday Feb 25 | via Mortgage News Daily
The Home Price Index report issued this week by Black Knight Financial Services shows the December national index at $241,000, a -0.1 percent change from November. The HPI has increased by 4.6 percent since December 2013, and is now 10.2 percent below the peak of $268,000 it stablished in June 2006. Comment?
22 min ago | via Hot Air
We've had far too much depressing news this week, so it's time for something good. And by something good, I mean something great . Comment?
35 min ago | via Dominion Post
Dream home: Lee and Andrew Cameron built a home in the Mangatarere Valley west of Carterton and planned to retire there, then pass the equity on to their two children. A Wairarapa couple have spent two years cut off from their home, land and retirement dreams by a dam project. Comment?
39 min ago | via Lucianne.com
Don't let your jaw drop too far, this fundamental change is not just happening in college application processes. This exact same methodology is also being applied to Credit Scores for home mortgages and car loans. Comment?
47 min ago | via The Cyprus Weekly
Based on market records of previous years, normal transactions for Cyprus reach about 10,000 per year. With that in mind, it is expected that transactions in 2015 will be in the region of 50% to 60% of normal years. Comment?
56 min ago | via The Wave
I suspect that many of you reading this are secretly pining to become a real estate agent, since you get such a pretty picture of what Realtors deal with to land those embarrassingly huge commission checks. The unceasing, uphill battle with sellers to stash their clutter and stage their homes, to ambivalent buyers who act as if these cheaper-than-dirt interest rates will last forever. Comment?
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