Spencerport Real Estate News
Real Estate news for Spencerport, NY continually updated from thousands of sources.
May 5, 2016 | via Rochester Business Journal
The County of Monroe Industrial Development Agency has filed a judgment of more than $800,000 against eBaum's Webster Ventures LLC. The judgment's filing followed a 2015 decision by Matthew Rosenbaum, Monroe County Commercial Division state Supreme Court justice, that awarded nearly $600,000 to COMIDA as reimbursement for payments in lieu of taxes the failed Webster development was supposed to have made but did not. Added to the $595,675 in missed PILOT payments due to the agency was $215,179 in statutory interest. Comment?
Mar 31, 2016 | via Rochester Business Journal
The Legal Aid Society of Rochester traces its history to 1893 and its existence as the legal protection committee of the Women Educational and Industrial Union, which provided civil legal assistance to women in the Rochester area. The society was incorporated and became an agency funded by the Community Fund in 1921. Comment?
Jan 28, 2016 | via Rochester Business Journal
Area home sales were up 0.9 percent in the fourth quarter compared with a year ago, the Greater Rochester Association of Realtors Inc. reported Thursday. The median sale price was $128,000, up 2.5 percent from $124,900 a year ago. Comment?
Jan 4, 2016 | via The Post-Standard
I wish to respond to the recent commentary by former Onondaga County Legislator Tom Buckel .I was very concerned to see that the commentary contained misstatements of fact, is disingenuous, and clearly skewed to support Syracuse Mayor Stephanie Miner, who employs Buckel's spouse as a top aide. Buckel began by accusing the Onondaga County Industrial Development Agency of handing COR Development a "$45 million goodie bag" without explaining that COR receives no money whatsoever from OCIDA. Comment?
Oct 22, 2015 | via Rochester Business Journal
Area home sales increased 8.4 percent in the third quarter compared with a year ago, the Greater Rochester Association of Realtors Inc. reported Thursday. A total of 4,020 home sales closed in the quarter, up from 3,708 a year ago. Comment?
13 hrs ago | via Your News Now
This week the governor's office announced the creation of a hotline New Yorkers can call to report vacant properties. It's designed to establish an electronic registry of vacant properties with the Department of Financial Services to hold banks and lenders accountable for maintaining properties before foreclosing. Comment?
Wednesday | via Inman
New York real estate buyers paid an estimated $155.3 million in excess title insurance premiums and fees in 2015. 182,487 individual real estate transactions totaling $140.2 billion were analyzed in the report, which includes the vast majority of transactions throughout the year. Comment?
Tuesday Jun 28 | via Press & Sun-Bulletin
See 'zombie properties'? Call hotline The state has set up a hotline to report vacant and abandoned properties in neighborhoods. Check out this story on pressconnects.com: http://press.sn/28YwgMz The hotline was announced Tuesday after Gov. Andrew Cuomo last week signed legislation into law that will crack down on so-called "zombie properties." Comment?
Monday Jun 27 | via Housing Wire
While the U.S. Senate could soon consider new rules governing the maintenance of foreclosed homes and the glut of "zombie homes" that blight many communities throughout the country, the state of New York is taking the matter into its own hands. Late last week, New York Gov. Andrew Cuomo signed "sweeping" legislation to reform the state's foreclosure process and address the state's issues with zombie homes. Comment?
Monday Jun 27 | via The Washington Post
America's urban downtowns were neglected for decades, abandoned for newer malls in the suburbs and bigger homes on the edge of town. The construction of new highways helped speed their decline. Comment?
2 min ago | via Business World
Ireland has the 8th most transparent real estate market in the world according to the JLL Global Real Estate Transparency Index which was launched this week. Finishing in the top 10, Ireland was placed in the 'highly transparent' category, alongside the UK, Australia, Canada, US, France, New Zealand and the Netherlands. Comment?
9 min ago | via Daily Political
According to Zacks, "Austria and New Zealand Banking's principal activities are the provision of general banking services, hire purchase and general finance, life assurance, property development, mortgage lending and other financial services. The Group operates within Australia, New Zealand, Europe, Asia, the Americas and the Middle East. Comment?
20 min ago | via UnionLeader.com
Donald Trump read a litany of trade deals Thursday in which he said Mexico got the better of the U.S., and then a jet roared overhead from nearby Manchester-Boston Regional Airport. Comment?
22 min ago | via Seeking Alpha
The shares of Caterpillar , the world's leading maker of construction and mining equipment, have risen more than 9% this year, easily outperforming the broader S&P-500 which has climbed 1.3% in the same period. The company also offers an attractive yield of 4.15%, which looks particularly appealing since it is significantly greater than the average yield of 2.1% offered by S&P-500 companies and considering that Caterpillar has been consistently growing dividends for the last 22 years. Comment?
24 min ago | via Silicon Alley Insider
South East Asia's third largest bank, United Overseas Bank, has stopped funding mortgages for UK properties, one of the first examples of investment in Britain drying up in the wake of the Brexit vote. The Times quotes a spokesperson for the Singapore lender as saying: "As the aftermath of the UK referendum is still unfolding and given the uncertainties, we need to ensure our customers are cautious with their London property investments." Comment?
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