Staten-Island Real Estate News
Real Estate news for Staten-Island, NY continually updated from thousands of sources.
Wednesday | via Newsday
Maritza Ramos, bottom right, wife of slain NYPD officer Rafael Ramos, with son Jaden and relatives of her husband's slain partner Wenjian Liu, far right, celebrate the Ramos family's renovated home. Photo Credit: Uli Seit Maritza Ramos, wife of slain NYPD Det. Comment?
Wednesday Jul 20 | via Reuters
When Donna Frost Gordon's son asked if he could stay in college for an extra year, it was for a good reason - but he still turned the family's finances upside-down. After studying abroad and then finally declaring an accounting major at the State University of New York at Binghamton, the son decided six months ago to pursue a combined master's degree. Comment?
Wednesday Jul 13 | via SILive.com
The average sales price of a New York City home hit $1 million in the second quarter of 2016, a new all-time high since the Real Estate Board of New York began tracking home sales data in 2006. This rise was driven by a concentration of sales in the high-end segment of the market, according to REBNY's New York City Second Quarter 2016 Residential Sales Report. Comment?
Thursday Jul 7 | via Curbed
Manhattan home sales broke records in the second quarter of 2016, but if you thought that buyers in Brooklyn and Queens might catch a break, we've got some bad news. According to the latest batch of market reports, prices in those boroughs just keep trending upwards. Comment?
Friday Jul 1 | via SILive.com
The city has purchased 24 distressed mortgages for 41 residential units -- including four on Staten Island -- through the Community Restoration Program, which is meant to prevent foreclosures for homeowners who are struggling to pay their mortgages. This marks one of the first times a municipality has stepped in to purchase distressed Federal Housing Administration mortgages that would otherwise have been sold at auction to the highest bidder. Comment?
10 hrs ago | via The Real Deal
Gary Barnett's Extell Development is close to securing a $600 million senior construction loan for One Manhattan Square, following a struggle that led to delays in closing mezzanine financing for the 80-story condominium project. A consortium of lenders led by Deutsche Bank and AIG is providing the loan for the Lower East Side project. Comment?
13 hrs ago | via Business Wire
It is currently estimated that this distribution is derived fr... )--Winola Lake Health IT, leading provider of healthcare IT and point of care technology solutions, will officially debut its SmartSupply Health Solution at AHRMM16 ... )--Research and Markets has announced the addition of the "Egypt Crude Oil Refinery Outlook to 2021" report to their offering. Comment?
Yesterday | via Reuters
Link to Fitch Ratings' Report: Global Criteria for Lenders' Mortgage Insurance in RMBS here LONDON/NEW YORK/SYDNEY, July 28 Fitch Ratings' updated global criteria for lenders' mortgage insurance in residential mortgage-backed security transactions contains minor changes to the rating framework but will not affect the ratings of existing transactions. The revised criteria continues to give credit to LMI within RMBS transactions on the basis of the LMI provider's ability to pay claims. Comment?
Thursday | via Curbed
Oh, Magic 8-Ball, will we ever again report positive news for Los Angeles homebuyers or are we doomed to consistently break the hearts of young, potential homeowners looking to stake their claim in the City of Angels? In an analysis of the 100 largest metropolitan areas in the country, Bloomberg News found that LA is among the top five least affordable places to buy a home for people between the ages of ages 25 and 44. Yeesh. By calculating the average wage in each city, and comparing it to the average yearly mortgage in that same town, Bloomberg found that six U.S. cities had a significant gap in what people made versus the minimum salary needed to pay for a single family home. Comment?
Tuesday Jul 26 | via Silicon Alley Insider
Over the past couple of decades, the growth of the world's super-rich has brought about levels of global inequality not seen since the Gilded Age. Understanding where these super-rich individuals and families actually live can help us learn about their sources of wealth and how their mobility affects cities in a global economy. Comment?
12 min ago | via Lewistown Sentinel
William P. Hayes, chairman, president and CEO of Kish Bank and Kish Bancorp, has announced unaudited financial results for the period ending June 30, 2016. "I am especially pleased to note the continued growth in the loan portfolio, which increased $36 million, or 8.4 percent, compared to this time last year," Hayes said. Comment?
18 min ago | via Seeking Alpha
Welcome to the Banco Santander-Chile Second Quarter 2016 Earnings Conference Call. [Operator Instructions]. Comment?
26 min ago | via KSLA-TV Shreveport
More than four months since flooding devastated parts of southern Bossier Parish, some families still are trying to recover emotionally and financially. They include members of the Taylor family, who desperately are looking for any way to hang onto a long-held piece of land that is slipping out of their grip. Comment?
42 min ago | via St. Petersburg Times
Cities and towns along the North Saskatchewan River were looking for other sources of drinking water after a Husky Energy pipeline spilled up to 66,000 gallons of oil into the river earlier this month. "All of these incidents shake public confidence," Russ Girling, CEO of TransCanada, which wants to build the pipeline, said in an interview with the Canadian Press news service. Comment?
42 min ago | via Credit.com
If you're ready for a lower interest rate or shorter term for your mortgage, now could be a great time to consider refinancing. Rates available to consumers are low right now and probably aren't going to go any lower in the foreseeable future, according to Scott Sheldon, a senior loan officer and consumer advocate based in Santa Rosa, California, as well as a Credit.com contributor. Comment?
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