New York Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

  Comment?

  Related Topix: Home, Foreclosures, Mortgage, Mortgage, Personal Finance

Local Headlines

• Yo, Guido, I'M Sorry, Awright

  4 hrs ago | via New York Post 

  Score one for the guidos, blondes and Bennys. The Jersey Shore mayor who used an official town newsletter to diss Staten Islanders and the other summer visitors who float his little beach burg's economy said ...

  Comment?

  Related Topix: Staten-Island, NY, New York, NY, Home, Home Renting

• Ex-Bear Stearns Hedge-Fund Managers May Face More Charges in U.S. Probe

  13 hrs ago | via Bloomberg.com 

  Former Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin , indicted for fraud and conspiracy last month in the first case stemming from a federal probe of the mortgage-market collapse, may ...

  Comment?

  Related Topix: Banking, JP Morgan Chase , Financial Services, Home, Mortgage, Brooklyn, NY, New York, NY

• The Weekly Walk-Through

  16 hrs ago | via The New York Observer 

  We learned that: East Village activists love their pizza when they're protesting gentrification.

  Comment?

  Related Topix: East Village (New York, NY), Staten-Island, NY, New York, NY, Brooklyn, NY, Housing

• Citigroup Posts $2.5 Billion Loss on Fresh Write-Downs

  21 hrs ago | via Atlanta Journal-Constitution 

  A year into the tight credit market, and the losses keep coming. Citigroup said Friday morning that it lost $2.5 billion, or 54 cents a share, in the second quarter.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Banking, Financial Services, Citigroup

• Merrill reports $4.9 billion loss on write-downs

  Thursday | via International Herald Tribune 

  Merrill Lynch released dismal second-quarter earnings Thursday, marking its fourth straight quarter of losses.

  Comment?

  Related Topix: Financial Services, Merrill Lynch and Co, Investment Services, Home, Mortgage, Mortgage, Personal Finance, Business News

Regional Headlines

• Bad economy means good business for repo men

  Yesterday | via Thehour.com 

  BRIDGEPORTAssociated PressThis is what it looks like when a gilded age turns to brass: the boats, motor homes and expensive cars bought during the good times are turned over to the repo men in favor of paying ...

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, New York Government, New York, Connecticut, Connecticut Government, Foreclosures

• Buffalo area tops for job growth

  Yesterday | via Buffalo News 

  Where was the New York State metro area with the hottest job growth in June? Would you believe Buffalo Niagara? While the region's job market was more tepid than scorching hot, the area still managed to add ...

  Comment?

  Related Topix: Home, Mortgage, New York, State University of New York System, Buffalo, NY, Buffalo Metro, Buffalo (State University of New York System), Allegany County, NY

• Politics is Everyone's Business

  Yesterday | via Rome Observer 

  The empire strikes back Senate Majority Leader Dean Skelos is flanked by Deputy Majority Leader Thomas Libous, R-52 Binghamton and Senator Joseph Griffo, R-47. Griffo invited his fellow Republicans to tour the ...

  Comment?

  Related Topix: State University of New York System, Binghamton (State University of New York System), Home, Mortgage, New York, Oneida County, NY, Madison County, NY

• Your News Dissector Goes To Washington: NACA Helping Home Owners Big Time

  Yesterday | via News Dissector's Weblog 

  I arrived in our super hot Capital City to attend NACA's anti-foreclosure event at the Capital Hilton.

  Comment?

  Related Topix: Washington Post, Publishing, World News, Ethiopia, Africa, New York, Foreclosures

• Economic role reversal

  Yesterday | via The Telegraph 

  German broker Dirk Mueller at the Frankfurt Stock Exchange. Washington, July 17: The global slowdown stemming in part from the deepening US financial crisis is hitting the world's richest nations the hardest ...

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Housing, New York, York (Pennsylvania State University System)

National Headlines

• Robert Shiller on Bubble Thinking

  12 min ago | via Bubble Meter 

  Many culprits have been fingered for the housing crisis we're in today: unscrupulous mortgage lenders, dishonest borrowers, underregulated financial institutions.

  Comment?

  Related Topix: UC San Francisco, University of California System, Housing, Home, Mortgage, Mortgage, Personal Finance

• House prices 'will keep falling'

  16 min ago | via BBC 

  House prices in the UK and the US are likely to fall for another two years, the chairman of one of the world's most powerful banks has warned.

  Comment?

  Related Topix: Mortgage, Home

• Failures of big banks fan fears of Staten Islanders

  21 min ago | via Pennlive.com 

  Fannie Mae headquarters in Washington, D.C. The collapse of a major national bank and growing talk of government bailouts of other financial institutions on the brink have Staten Islanders wondering if their ...

  Comment?

  Related Topix: Subprime Mortgage Crisis, Home, Mortgage, Mortgage, Personal Finance, Deposit, NY

• Suburbs, A Dream Too Real To Live?

  21 min ago | via The Ledger 

  Published: Saturday, July 19, 2008 at 6:01 a.m. Last Modified: Saturday, July 19, 2008 at 7:20 a.m. As the housing market implodes and financial institutions struggle, a difficult but necessary societal ...

  Comment?

  Related Topix: Medicine, Alcoholism, Health, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Another sign

  21 min ago | via Brains and Eggs 

  "A taxpayer voting Barack Obama is like a chicken voting for Colonel Sanders." A number of drivers on Twin City Highway Thursday might have seen this message on the sign in front of Bob Costilow Realtors.

  Comment?

  Related Topix: US Politics, US News, Barack Obama, African-American, Mandeville, LA, Home, Home Selling, Home Listing