Source: http://feeds.nytimes.com/click.phdo?i=9d0b8f60fd4db4aeee90cf955edeceb4
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Saturday, June 30, 2012
New York Real Estate Question & Answer
Does the landlord do windows; taking responsibility for bedbug control; condo amenities rented out to others.
Floating homes: What it costs to live on the water
Many people dream of living near the water, but a few people take it to the extreme: Living on top of the water -- in a floating home.
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/eZx8oAjaNBg/index.htm
Friday, June 29, 2012
Tennis, Anyone? Homes With Private Tennis Courts
Filed under: News
By Camille Salama
We're in the heart of the Grand Slam season.
With the world's greatest players testing themselves on three different surfaces -- clay, grass and hardcourt -- in three different cities -- Paris, London and New York -- it's no wonder so many amateur players are compelled to pick up tennis rackets and start swinging.
While most people are confined to playing in public parks or at tennis clubs, some people are lucky enough to own homes equipped with private courts. In honor of the Grand Slam season, we're serving up some of these spectacular tennis court-sporting homes. From ocean-side grounds to a court with a 500-seat viewing arena, all of these homes are primed for the next match.
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See more on Zillow:
See Homes for Sale for $450,000
See Homes for Sale in Cape Cod
See Homes Where Famous Movies Were Made
More on AOL Real Estate:
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Find homes for sale in your area.
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Source: http://realestate.aol.com/blog/2012/06/29/tennis-anyone-homes-with-private-tennis-courts/
Homeowners to receive $125K for foreclosure abuses
Homeowners who were victims of foreclosure abuses during 2009 and 2010 could receive up to $125,000, plus the equity in their home, from lenders as part of an Independent Foreclosure Review that is being overseen by two government agencies.
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/-G2iBUHzN8U/index.htm
Shopping With Dan Kluger: Grills ? Shopping With Dan Kluger
On the search for a summer cooking staple: the grill.
Source: http://feeds.nytimes.com/click.phdo?i=3d9495703d0276015243618028b443b6
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Thursday, June 28, 2012
J.P. Morgan Boosts Own Fund
After a planned J.P. Morgan Chase & Co. real-estate fund got the cold shoulder from potential investors, it turned to a friendlier source: the bank itself.
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Housing Supply Outlook - February 2011
A thorough and detailed look at the current supply of homes for sale and absorption rates by price range, property type and construction status for the Twin Cities housing market.
Source: http://www.mplsrealtor.com/downloads/market/HSO/hso_2011_02.pdf
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Wednesday, June 27, 2012
Weekly Market Activity Report - May 16, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of May 16, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_05-16.pdf
Tuesday, June 26, 2012
What Can You Get for $150,000?
Filed under: News, Celebrity Homes, Inside Look
House hunting on a budget isn't easy. To help, we found properties from all over the U.S., even in Hawaii, that all cost $150,000. Some are foreclosures, some are condos and some will simply blow you away.
See the gallery and find out what kind of amazing properties $150K will get you!
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Have some more money to burn? See the most expensive property listing in all 50 states:
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See more great content on AOL Real Estate:
Inside Look: NYC's 'Steampunk' Loft (VIDEO)
Look out for that house! School's Wild Art Installation
Is Buying Foreclosures Now 'Sexy?'
5 Things That Can Derail Your Home Sale
Pam, Leo Pierce: A Summer of Celebrity Rentals
Are You Living in One of America's Gayest Places?
Those Mortgages Blamed for the Housing Crisis? They're Back
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Source: http://realestate.aol.com/blog/2012/06/24/what-can-you-buy-with-150-000-plus-weekly-roundup/
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Room for the Helipad in Thailand
This Thai villa has two guest houses, an outdoor pavilion that can be converted into a helipad and comes with a lifetime membership to a Jack Nicklaus golf course.
Monday, June 25, 2012
Mortgage refi boost may be short-lived
The MBA refi index more than doubled in the middle of June as the FHA streamline program launched. But because major banks said they would not use their correspondent channels for the effort, demand could dry up by August.
Sunday, June 24, 2012
FHA rehab loans ideal for distressed homes
Rolling purchase price, fix-up costs into 1 loan is next best thing to new construction
Source: http://feedproxy.google.com/~r/inmannews/~3/sX33Xof5C18/fha-rehab-loans-ideal-distressed-homes
Mortgage-debt forgiveness preventing foreclosures
Reducing the amount struggling homeowners owe on their mortgages is proving to be a more effective way to prevent foreclosures than other methods, such as reducing interest rates or postponing payments, a new report finds.
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/cNPrfRW_l2s/index.htm
Foreclosures and Short Sales - February 2011
A comprehensive, monthly view of the foreclosure and short sales situation in the Twin Cities housing market.
Source: http://www.mplsrealtor.com/downloads/market/FSS/fss_2011-02.pdf
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Saturday, June 23, 2012
Spire Spat
One of the more intriguing subplots in the tale of the ill-fated Chicago Spire condominium development is the story of the Calatrava door handles.
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Weekly Market Activity Report - March 28, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of March 28, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_03-28.pdf
Friday, June 22, 2012
Homes for $750,000
Properties in New Orleans, Maine and North Carolina.
Source: http://feeds.nytimes.com/click.phdo?i=b46b917a020c100a668dfcf8c7327068
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Violent crime reduction equals billions in home value gains
Researchers found that a reduction of one homicide in a particular ZIP Code for a given year may mean a 1.5% increase in area home prices the next year.
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Thursday, June 21, 2012
Brooklyn Bridge Park Expected to Announce Developers of a New Hotel Complex
The Brooklyn Bridge Park Corporation is expected to vote on Tuesday to select the development team for a new hotel and residential complex to be built near Pier 1.
Source: http://feeds.nytimes.com/click.phdo?i=6ee282d9962577ce4395ec27daf7709c
Foreclosures and Short Sales - May 2011
A comprehensive, monthly view of the foreclosure and short sales situation in the Twin Cities housing market.
Source: http://www.mplsrealtor.com/downloads/market/FSS/fss_2011-05.pdf
Wednesday, June 20, 2012
Inside Look: NYC's 'Steampunk' Loft (VIDEO)
Filed under: Design, News, Inside Look
If you've ever read Jules Verne's seminal science fiction novels -- "Twenty Thousand Leagues Under the Sea" (1870) or "A Journey to the Center of the Earth" (1864) -- then you'll especially appreciate the inspired retro-futuristic feel of this New York City loft.
Packed to the gills with repurposed vintage nautical artifacts and antique welding tools, the space is a monument to the "steampunk" genre, which captures the aesthetic expression of a time-traveling fantasy world filled with proto-submarines, locomotives and zeppelins. From the whirligigs and steam pipes flanking the walls to the submarine portholes and deactivated bomb-pulleys, this otherworldly apartment was like nothing we'd ever seen before. And at this point, we thought we'd seen everything.
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Like what you see? You'd better be prepared to fork over $1.65 million (the newly reduced price). Nicole Beauchamp of Warburg Realty has the listing.
Got a tip for our Inside Look series? If you know of any exceptional or unusual property currently listed for sale that's video-worthy, please email krisanne.alcantara@huffingtonpost.com with your suggestions. (Due to the volume of response, we unfortunately are unable to reply to each submission.)
More on AOL Real Estate:
Find homes for rent in your area.
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Source: http://realestate.aol.com/blog/2012/06/19/inside-look-nycs-steampunk-loft-video/
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Streetscapes | East 68th Street: A Hospital With Fine Bones
New York Hospital?s soaring white 1932 skyscraper, though added to and encroached upon, is still something to see.
Source: http://feeds.nytimes.com/click.phdo?i=b817410208f77961569f55cfd40fe080
Tuesday, June 19, 2012
Look Out for That House! School's Wild Art Installation
This house didn't just fall out of the sky, but Korean artist Do Ho Suh might want you to think it did. On top of the University of California, San Diego's Jacobs School of Engineering building sits "Fallen Star," the newest art installation for UCSD's Stuart Collection.
The 270-square-foot New England-style cottage sits at a 10-degree incline, seven stories off the ground. It is completely furnished and even comes with a front yard, garden and patio (which can double as a rooftop garden for the engineering building). According to Suh, the installation is a reflection on how he felt when leaving South Korea to study in the U.S., "as if he was dropped from the sky."
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The entire project took seven years to complete and cost $1.3 million, the majority of which came from private donors and a $90,000 grant from the National Endowments of the Arts.
And in true California fashion, this building is up to code: It is earthquake resistant and can withstand 100 mph winds.
Learn more about the exhibit on the Stuart Collection's website.
See also:
Hamptons' First Eco-Container Home on Sale for $1.3 Million
Chinese Firm Plans to Build World's Tallest Building, and Fast
A Balcony With Swimming Pool? To Infinity and Beyond
More on AOL Real Estate:
Find homes for rent in your area.
Find out how to calculate mortgage payments.
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Find foreclosures in your area.
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Source: http://realestate.aol.com/blog/2012/06/19/look-out-for-that-house-schools-wild-art-installation/
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FHA Lifts Ban on Homebuyers Who Have Credit Disputes
By Jon PriorThe Federal Housing Administration rescinded a rule that would have denied financing to potential homebuyers with ongoing credit disputes of more than $1,000, according to an alert sent to lenders Friday.
The FHA quietly drafted the rule in March to mitigate risks to its emergency fund. The rule went into effect April 1. Borrowers had to either pay off the outstanding balance on collections accounts or document an arrangement to pay before the mortgage was approved.
Industry experts pushed back, particularly homebuilders and lenders with much of their business tied to first-time homebuyers.
Read more on this story at HousingWire.
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Source: http://realestate.aol.com/blog/2012/06/18/fha-lifts-ban-on-homebuyers-who-have-credit-disputes/
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Monday, June 18, 2012
Time for an Alternative After R.E.M.
Michael Stipe the lead singer and lyricist at R.E.M., has reinvented himself as a downtown artist looking for a large studio space where he can now work on his sculptures.
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Elevated Living in California
This sky-high, roughly 20-acre property, complete with indoor pastures and a helicopter landing pad, is on the market for almost $7 million.
Sunday, June 17, 2012
When Walmart comes to town, home prices go...?
But new research suggests new Walmart stores may actually drive nearby home prices higher.
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/Z2gZUxEzt8Q/
Foreclosures and Short Sales - June 2011
A comprehensive, monthly view of the foreclosure and short sales situation in the Twin Cities housing market.
Source: http://www.mplsrealtor.com/downloads/market/FSS/fss_2011-06.pdf
Morningstar set to rate RMBS
An economic outlook committee will convene periodically to review results of its private models used to forecast how the bonds will perform under expected and stressed conditions, including home prices, unemployment, interest rates and lending conditions.
Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/3gj80WXdqOY/morningstar-set-rate-rmbs
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Saturday, June 16, 2012
Resort Living in Indonesia
This beachfront villa on the Indonesian island of Batam spans 7,000 square feet and comes with a pool, a Jacuzzi bathtub and free yacht rides to Singapore.
An English Cotswold in Atlanta
This 1929 stone house in Atlanta is a replica of a classic English Cotswold manor, which the owners have taken pains to faithfully restore.
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Friday, June 15, 2012
enotes - June 20, 2011
MAAR's weekly electronic newsletter for the week of June 20, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_06-20.htm
Thursday, June 14, 2012
30-year mortgage rate hits another record low
Buying a home got even cheaper this week as interest rates on the 30-year fixed-rate mortgage set a record low for the fourth week in a row.
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/hup1RzHDtUs/index.htm
Weekly Market Activity Report - February 21, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of February 21, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_02-21.pdf
Wednesday, June 13, 2012
Sales Up, Foreclosure Rate Drops as Distressed Segment Leans Toward Recovery
News release covering Twin Cities housing statistics for May 2011.
Source: http://www.mplsrealtor.com/downloads/inside/press-releases/news_2011-06.pdf
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Gianni Versace's Magnificent Miami Home Lists for $125 Million
Filed under: News, Celebrity Homes
Talk about living in style: Casa Casuarina, the former home of the late fashion designer Gianni Versace, has just hit the market for a whopping $125 million.
Though the price tag may seem unnaturally steep to most, for this level of luxury real estate, it's no surprise. The world famous home, built in Miami Beach in 1930, sprawls across 19,000 square feet. It features 10 bedrooms, 11 bathrooms, a 54-foot-long pool lined in 24-karat gold and ornate, Medusa-emblazoned front gates (the same gates at which Versace was fatally shot in 1997).
"This is not only the most well-known property on South Beach," says listing agent Jill Eber of Coldwell Banker, "it's also known worldwide for its attention to detail throughout every room, its elegance and its style."
Its link to one of the world's most iconic fashion designers probably doesn't hurt, either.
Versace bought the home and its adjacent lot in 1992 for just under $10 million, and then invested another $33 million in the property. The haute couture designer added a 6,100-square-foot south wing, a mosaic-covered courtyard, frescoes on the home's walls and ceilings, and the aforementioned gold-lined pool.
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Three years after Versace's death, telecom entrepreneur Peter Loftin purchased the property for $20 million and turned it into a luxury boutique hotel with restaurant.
The multi-million-dollar listing joins a slew of former homes of late celebrities currently on the market, including Michael Jackson's California chateau, Beatle George Harrison's Swiss manor and Amy Winehouse's London apartment.
More on AOL Real Estate:
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Source: http://realestate.aol.com/blog/2012/06/08/gianni-versaces-former-home-hits-market-for-125-million/
Tuesday, June 12, 2012
Star Tribune hires broker for land near new Vikings stadium
The Star Tribune has hired Minneapolis-based commercial real estate firm Nelson Tietz & Hoye to represent it in the sale of some of its land should it be needed for the new Minnesota Vikings stadium. Steve Yaeger, director of marketing for the Star Tribune, confirmed the appointment of NTH. He said it's too soon to say which blocks would be included or what would be sold because there are so many different conceptual drawings floating around for the recently approved stadium. NTH President Russ...
Monthly Market Indicators - March 2011
A comprehensive look at the entire Twin Cities housing market in one location.
Source: http://www.mplsrealtor.com/downloads/market/MMI/archive/mmi_2011_03.pdf
Monday, June 11, 2012
Bernanke: Crisis in Europe weighing on consumer confidence
Fannie Mae survey suggest homebuyer sentiment at a plateau
Senior Risks Eviction Over American Flag Display
Filed under: News
A senior housing complex is threatening to evict a New Jersey woman, saying she broke her lease agreement by hanging three small American flags from her balcony.Dawn Paulus, 75, reportedly received notice that she had to have removed the flags, which are clipped to her balcony (shown at left), by early May or face eviction. A provision in her lease prohibits items from being affixed to balconies."I understand that's their rules, but I'm still sticking to my Constitutional rights," Dawn Paulus told NBC affiliate WSMV.
Paul Rummerfield, the housing authority executive director of the federally subsidized low-income housing complex in Phillipsburg, N.J., said that one reason the rule is in place is to keep visitors or residents from hanging weighted buckets on the flags, which could result in injury to passersby if the buckets drop.
"They say I should be shipped off to the Russian gulag, that I'm anti-American," Rummerfield told WSMV.
He cited another reason that the complex is cracking down on the flags and balcony violations in general: They could ruin the paint job. Last year, the complex underwent a $700,000 renovation, which included brand-new balconies and railings. The old ones were rickety and, in some cases, "held up by wires," Rummerfield said. After the installation, it was decided that the anti-hanging provisions (not just flags but anything attached to the railings) would be strictly enforced. When asked why three small flags posed a problem, Rummerfield explained that the architect was wary of clipping anything to the railings, as it might ruin the new paint job and cause other structural damage.
Rummerfield told AOL Real Estate that he has been in contact with Paulus and the housing board and that they are in the process of working out an "amicable solution." He said that he is confident that they can come to an agreement that lets Paulus hang her flags while not violating her lease.
There have been several recent instances of housing associations and residents scuffling over displays of American flags.
An Oregon veteran faced eviction for hanging an American flag outside his apartment over Memorial Day, and an Army veteran in Ohio fought his homeowners association for the right to fly an American flag outside of his house.
See also:
War Vet Accuses Pacifist Landlady of Discrimination
'Neighbor from Hell' Goes To Jail After Harassing Minn. Family
Baltimore May Use 'Robo-Signing' Money To Level 700 Homes
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More on AOL Real Estate:
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Source: http://realestate.aol.com/blog/2012/06/06/senior-faces-eviction-over-american-flag-display/
Sunday, June 10, 2012
In the Region | Connecticut: In the Region/Connecticut ? Affordable Housing Back in Play
Ferry Crossing, a 16-unit apartment project in Old Saybook, was designed for a broad spectrum of incomes. It is fully rented.HOMEConnecticut, a program that provides towns with incentives to build affordable housing, may soon resume after a recessionary hiatus.
Source: http://feeds.nytimes.com/click.phdo?i=a5665007a9e161d708078b51d924bda9
Modern Architecture in a Seaside Setting
A free-form oceanfront home in Carmel Highlands, plus a guesthouse, are on the market for $4 million.
Saturday, June 9, 2012
Shared-appreciation mortgage mods useful, Bernanke says
"A useful approach would be reducing principal in an equity sharing way that would flow some of future gains back to the lender," Fed Chairman Ben Bernanke told Congress Thursday.
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Homeownership Still a Dream of Most Americans, Survey Says
Despite crumbling home values amid the housing downturn, the majority of Americans still aspire to own their own homes.A new survey by Integra Realty Resources found that 75 percent of non-homeowners ages 22 to 50 would still like to own a home someday. Younger Americans were even more positive: Of those younger than 30, 47 percent said buying a home was very important to them; of those older than 30, 41 percent had the same response.
Despite this enthusiasm, many Americans are financially unable to take advantage of record low mortgage rates and low house prices. When asked why they haven't purchased a home yet, 31 percent of respondents said that they couldn't afford the down payment, 24 percent answered that they wouldn't buy one due to fear of making a bad investment, and 21 percent expressed concern about their uncertain economic outlooks.
See RealtorMag for more details.
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See also:
Housing Prices and Existing-Home Sales Rise in April
Senator's Mortgage Trouble Highlights Positive Housing Trend
More on AOL Real Estate:
Find homes for rent in your area.
Find out how to calculate mortgage payments.
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Source: http://realestate.aol.com/blog/2012/06/08/most-americans-still-want-to-own-a-home-survey-says/
In Ozone Park, Queens, Frustration at Loss of Planned Convention Center
Residents of Ozone Park had hoped a $4 billion convention center and casino would bring jobs to their working-class neighborhood, but state talks with the developer broke down last week.
Source: http://feeds.nytimes.com/click.phdo?i=68afb9b651a362babb20b1615b9ed112
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Friday, June 8, 2012
enotes - May 31, 2011
MAAR's weekly electronic newsletter for the week of May 31, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_05-31.htm
Weekly Market Activity Report - July 11, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of July 11, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_07-11.pdf
Thursday, June 7, 2012
Weekly Market Activity Report - June 6, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of June 6, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_06-06.pdf
Federal Reserve to vote on Basel III adoption
The Federal Reserve Board of Governors will meet to discuss and vote on finalizing proposed rules for implementing Basel III capital requirements for banking organizations.
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enotes - April 18, 2011
MAAR's weekly electronic newsletter for the week of Apr 18, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_04-18.htm
Wednesday, June 6, 2012
Obama Housing Scorecard shows continued stability
The Obama Administration's May Housing Scorecard indicates the market is continuing to show signs of stability, but said officials warn the overall outlook "remains mixed."
Monthly Market Indicators - April 2011
A comprehensive look at the entire Twin Cities housing market in one location.
Source: http://www.mplsrealtor.com/downloads/market/MMI/archive/mmi_2011_04.pdf
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Tuesday, June 5, 2012
CoreLogic sues Redfin, 2 others for alleged patent infringement
6 of 11 companies sued in first round of AVM dispute have settled
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Weekly Market Activity Report - May 16, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of May 16, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_05-16.pdf
Monday, June 4, 2012
Starkey is expanding in the Twin Cities
Starkey Hearing Technologies is expanding its research and development center in Eden Prairie. The hearing aid manufacturer recently signed a lease for about 40,000 square feet in a building at 6455 Flying Cloud Dr., according to spokeswoman Kendra Klemme. This new space will accommodate about 150 people. Most of these people will relocate from adjacent buildings into new lab space that the company needs to continue development of wireless hearing aid products and accessories, Klemme said. She...
Fannie Mae mortgage portfolio shrinks 13.8%
In keeping with its goal of shrinking the government-sponsored enterprise's role in the mortgage finance space, Fannie Mae saw its book of business decline at an annualized rate of 8% in April.
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Currents | Q&A: A Self-Taught Artist?s Passion for Origami
Ms. Currie came across a book on origami, started fiddling with folding, and a hobby was born.
Source: http://feeds.nytimes.com/click.phdo?i=1d78fe16a54e2da0349f89cea3c786a8
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Sunday, June 3, 2012
enotes - June 6, 2011
MAAR's weekly electronic newsletter for the week of June 13, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_06-13.htm
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SunTrust Mortgage settles $21M mortgage discrimination suit
SunTrust Mortgage, a subsidiary of the nation?s 11th-largest commercial bank, agreed to pay $21 million to resolve a lawsuit by the Department of Justice that it engaged in discriminatory lending practices.
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Saturday, June 2, 2012
Getting Started: The Short-Stay Apartment
If you are looking for temporary housing in New York City, the city offers a variety of options.
Source: http://feeds.nytimes.com/click.phdo?i=97b5f096d4e00b9c90bdb4ec79c1ab77
Square Feet: A Rental Market Surge in Brooklyn
American Realty Advisors bought a multifamily building in Brooklyn for $55.5 million, or more than $895,000 for each unit, and the market continues to grow.
Source: http://feeds.nytimes.com/click.phdo?i=d2aa6b7577a25d50a11466b6a7060230
Gaining Savings and Productivity From Smaller Offices
Many companies are finding that reducing office space not only saves money, it increases productivity by creating a more collegial and collaborative workplace.
Source: http://feeds.nytimes.com/click.phdo?i=7a0654b3f294001a9285427f6016e3cb
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Friday, June 1, 2012
On the Market in New York City
A Financial District condo, a Sutton area co-op and a Park Slope co-op.
Source: http://feeds.nytimes.com/click.phdo?i=9acd7705b4b256b5b45ac50188b60655
Currents | Q&A: A Self-Taught Artist?s Passion for Origami
Ms. Currie came across a book on origami, started fiddling with folding, and a hobby was born.
Source: http://feeds.nytimes.com/click.phdo?i=1d78fe16a54e2da0349f89cea3c786a8
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