Source: http://www.mplsrealtor.com/downloads/enotes/2011_07-11.htm
Sunday, September 30, 2012
Home prices may not return to peak until 2023
The severe decline in home prices may mean some homeowners who bought at the peak may never get their money back.
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/Qr5edTXeUno/index.html
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Saturday, September 29, 2012
Cost of New York mortgages will increase the most with new g-fees
"The planned upfront fee would increase 15 basis points in Illinois, 20 bps in Florida, Connecticut and New Jersey and 30 bps in New York," said analyst Sarah Hu with Royal Bank of Scotland. The hike has the potential to tack another $40 to $100 to yearly mortgage payments beginning in 2013.
enotes - March 21, 2011
MAAR's weekly electronic newsletter for the week of March 21, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_03-21.htm
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Domains: Christine Quinn?s Newlywed Nest
Inside the West Chelsea home of the New York City Council speaker.
Source: http://www.nytimes.com/2012/09/30/magazine/christine-quinns-newlywed-nest.html?partner=rss&emc=rss
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Friday, September 28, 2012
Zillow combats falling stock after negative research report
While the report rocked the markets and competitor Trulia's stock maintained decent heights after its recent IPO, not all analysts agreed completely with Citron Research's report on Zillow.
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Housing Supply Overview - May 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_05.pdf
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Thursday, September 27, 2012
ICM plans upgrades for International Plaza in Bloomington
ICM Realty Group has assumed control of the partnership that runs International Plaza in Bloomington, and it's planning some significant upgrades to the 280,000-square-foot, 11-story tower. Calgary, Alberta-based ICM plans to invest "several million" to update the lobby, common areas, and building mechanical systems. It also plans to create tenant amenities such as an exercise studio and wi-fi lounge in the 1985-built property, according to Andrew Webb, managing director of ICM, who has an office?
CMBS Rally Is Welcome News in Property Market
Commercial-real-estate lenders and borrowers are scrambling to capitalize on one of the strongest rallies in the debt markets since the financial crisis.
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Wednesday, September 26, 2012
J.K. Rowling Lists Farmhouse in Edinburgh, Scotland, for $3.7 Million (House of the Day)
Filed under: News, Celebrity Homes, House of the Day
J.K. Rowling's farmhouse in Edinburgh, Scotland, may have been the place where she found inspiration to write many of her wildly popular "Harry Potter" novels, but since that chapter of her life is over, she won't be needing the house anymore.
Rowling has put the monstrous eight-bedroom Victorian estate on the market for $3.7 million. She already owns another house in the city (along with other properties in Scotland and London), so it shouldn't be a problem for her to create a "Casual Vacancy" in the manse.
According to the listing, the home is "an exceptional detached family house standing within a large yet discreet landscaped and walled garden." The 6,847-square-foot home, built around 1880, has been redesigned to contain modern fixtures while retaining its period features. The property also boasts a detached split-level office complete with kitchen and shower room, a summer house, "various outhouses" and a double garage.
Unfortunately, as noted by Curbed, the home contains zero secret passageways or magic rooms. We'd like to think that Curbed just hasn't found them yet.
James Whitson of Rettie has the listing.
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See more Houses of the Day on AOL Real Estate.
Got a tip for House of the Day? Know of an exceptional or unusual property currently listed for sale? Please email harris.effron@teamaol.com with your suggestions and be sure to include links to listing details and photos. (Due to the volume of response, we unfortunately are unable to reply to each submission.)
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See celebrity real estate.
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Source: http://realestate.aol.com/blog/2012/09/25/j-k-rowling-lists-farmhouse-in-edinburgh-scotland/
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Higher Mortgage Fees Proposed in Five States
The federal regulator for Fannie Mae and Freddie Mac will propose charging slightly more for all mortgages in a handful of states where it takes longer for banks to foreclose.
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Tuesday, September 25, 2012
Renoir's Former Paris Home (House of the Day)
Filed under: News
Have you ever seen a celebrity's home and thought, "Of course they'd live there"? This was exactly our reaction when we laid eyes on the former Paris home of iconic Impressionist painter Pierre-Auguste Renoir. Located in the artist's hub that is Montmartre, it is exactly how we'd imagine the master painter's home to look like.
The country-style home boasts a charming, pastel-hued color theme, illuminated by ample sunlight streaming in through enormous windows. Floral wallpaper adorns the walls (not so chic now, but have you seen Renoir's paintings?), a playful contrast to dark oak floors. Expansive views over lush, unkempt gardens and the magnificent Sacre Coeur can be enjoyed from the idyllic outdoor patio. Though most of the features were renovations to the original home, the current owners could not have done a better job embodying Renoir's classic style and eye for detail.
That indoor pool doesn't hurt, either...
Thanks to our pals at Curbed for the tip!
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Immobest International has the listing.
See more Houses of the Day on AOL Real Estate.
Got a tip for House of the Day? Know of an exceptional or unusual property currently listed for sale? Please email harris.effron@teamaol.com with your suggestions and be sure to include links to listing details and photos. (Due to the volume of response, we unfortunately are unable to reply to each submission.)
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See celebrity real estate.
Permalink | Email this | Comments
Source: http://realestate.aol.com/blog/2012/09/24/renoirs-former-paris-home-house-of-the-day/
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
Monday, September 24, 2012
FHFA targets g-fee boost in five states
Mortgages originated in these states would have an upfront fee of between 15 and 30 basis points, which would be charged to lenders as a one-time upfront payment on each loan acquired by Fannie or Freddie after implementation.
Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/WBHwxtZTSc0/fhfa-targets-five-states-g-fee-boost
Hoteliers Race to Expand in Africa
Marriott is joining hoteliers like Hilton and Carlson to expand in Africa as business travelers flock to the continent thanks to rich stores of minerals, oil and natural gas.
OCC worried banks are padding profits
"I worry that too much of the increase in reported profits is being driven by loan loss reserve releases," OCC Chief Thomas Curry told a Wall Street lobbying group this week.
Sunday, September 23, 2012
Hines kicks off apartments near Target Field
Hines Interests will break ground Wednesday on the 185-unit Dock Street Apartments near Target Field. The Houston-based developer has been planning the complex for more than a year. It got municipal approvals for the project in May. >Click to the right to see renderings of the project. >>>>> The groundbreaking was held up slightly while Hennepin County and the city of Minneapolis worked out a conflict regarding the future light rail transit corridor that runs along the site.?
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Pohlad's RJM Construction will move to downtown Minneapolis
RJM Construction, a general contractor owned by the Pohlad family, is moving its headquarters to the downtown Minneapolis Warehouse District from St. Louis Park. RJM recently signed a 30,000-square-foot lease on the top two floors of the 701 Washington Ave. N. building, according to Jessie Folkens, a spokeswoman for RJM. RJM will be leaving space at 7003 W. Lake St. in St. Louis Park where it leases space today, she said. Marquette Real Estate Group bought RJM in 2008. The contractor has about?
Saturday, September 22, 2012
enotes - April 4, 2011
MAAR's weekly electronic newsletter for the week of Apr 4, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_04-04.htm
Don't call fir floors 'hardwood'
Reader calls attention to material's vulnerability
Source: http://feedproxy.google.com/~r/inmannews/~3/_wo8X1b06Yk/dont-call-fir-floors-hardwood
Streetscapes: Streetscapes ? Whatever Happened to the Fourth Footman?
James Silvia, who in the 1950s served Alexander H. Rice as fourth footman, has a unique perspective on servant life on the American continent.
Friday, September 21, 2012
Weekly Market Activity Report - May 23, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of May 23, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_05-23.pdf
America's Best Places to Live
These terrific small cities offer what American families care about most -- strong job opportunities, great schools, low crime, quality health care, and plenty to do. And they're true communities too
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/Le-0qlQE67c/PL1810342.html
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Thursday, September 20, 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
Wells Fargo Flip-Flops and Forecloses on Cindi Davis, Who Has Stage 4 Breast Cancer
Filed under: News
Cindi Davis of Mount Holly, N.C., has been fighting breast cancer for four years. Now she has to fight Wells Fargo too.
The bank had been threatening to foreclose on Cindi and her husband, Kirk (both pictured above), after her mounting medical bills made it difficult for the couple to keep up with their monthly mortgage payments, AOL Real Estate previously reported.
Now, the bank is making good on its threat -- and it's also adding insult to injury.
Wells Fargo delivered papers to the Davises notifying them that it is foreclosing on their house and has set a date to auction off their home off on Dec. 19 -- six days before Christmas, KMOV-TV in St. Louis reported.
Just two weeks prior, the bank had assured the TV station that it was not foreclosing on Davis as she fought for her life against her illness.
"Our thoughts are with Mrs. Davis during her courageous battle with cancer," Wells Fargo said in a statement to KMOV. "It is important to note that her mortgage loan has not been foreclosed, nor has she been asked to leave her home. Wells Fargo works hard to help our customers maintain homeownership whenever possible and we view foreclosure as a last resort. As part of our continuing efforts to work with the Davis family, we have reached out to nonprofit organizations that might be able to offer assistance."
"I'm not sure if I'm supposed to be angry because Wells Fargo lied to us and said they wouldn't put us out, or sad that it's come to this, or afraid of where we're going," she told the TV station.
Cindi's husband, Kirk, recalled his wife calling him in a panic the day she received the foreclosure notice.
"She was hyperventilating, and she said, 'I have other news.' I said, 'What?' She could hardly talk to me," he said, adding that he's worried what the stress of foreclosure will do to Cindi's health.
Cindi may be brave for continuing to stand up to cancer and fight for her life, but she's not sure how much she has left in her.
"I don't know how long I can keep fighting like this, if I don't have anything to hold on to," she said.
See also:
Foreclosures Are Taking Over These 20 Regions
Security Cameras Prompt Eviction Notice at Public Housing Complex in the Bronx
Abandoned Home in Queens, N.Y., a 'Den of Violence,' Neighbors Say
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See celebrity real estate.
Follow us on Twitter at @AOLRealEstate or connect with AOL Real Estate on Facebook.
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Wednesday, September 19, 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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Currents | Shows: Tobias Wong Gets a One-Man Show at Museum of Vancouver
Mr. Wong?s trademark provocative objects straddle the world of art and conceptual design.
enotes - May 09, 2011
MAAR's weekly electronic newsletter for the week of May 09, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_05-09.htm
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Tuesday, September 18, 2012
Best Places to Live: 25 youngest
In Grand Forks, ND, the median age is just 28 years old. What towns in our database are even younger?
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/0rjzUzsrVL0/youngest.html
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Monthly Market Indicators - May 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_05.pdf
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Monday, September 17, 2012
Weekly Market Activity Report - June 27, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of June 27, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_06-27.pdf
Title365 expanding in Texas and Arizona
Company's online platform allows real-time order tracking
Source: http://feedproxy.google.com/~r/inmannews/~3/-jL5ar90C2I/title365-expanding-in-texas-and-arizona
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Sunday, September 16, 2012
Manhattan Penthouse Boasts Sleek Loft Layout and Stunning City Views (House of the Day)
Filed under: News, House of the Day
This home is the winner of last week's #housepornthurs, a weekly Twitter conversation hosted by @aolrealestate in partnership with Curbed.com. (See Curbed's #housepornthurs feature here.) Tweet listings to AOL Real Estate with the hashtag #housepornthurs every Thursday for a chance to have one of your submissions featured as a House of the Day the following week.
Bottoms up to @TheStoryHouseNY for clinching a #housepornthurs win by submitting this listing!
This Manhattan penthouse spans 2,217 square feet and, in our humble opinion, is one of the most effortlessly sleek New York City apartments around.
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Listed for $4.75 million, the home features a chic, loft-style layout flooded with sunlight through the home's arched windows. And a stainless steel and cable staircase stretches up to the home's private terrace, where you view panoramas of the Big Apple's skyline.
Amenities run the gamut: There is a gourmet kitchen with Danish black-oak floors, a kitchen with stone countertop and cutting-edge appliances, gas fireplace and top-notch concierge service and security.
Contact The Story House for more information.
Click on the images below to see more homes for sale in New York City.
See more Houses of the Day on AOL Real Estate.
Got a tip for House of the Day? Know of an exceptional or unusual property currently listed for sale? Please email harris.effron@teamaol.com with your suggestions and be sure to include links to listing details and photos. (Due to the volume of response, we unfortunately are unable to reply to each submission.)
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See celebrity real estate.
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
Monthly Market Indicators - February 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_02.pdf
Saturday, September 15, 2012
Weekly Market Activity Report - March 7, 2011
MAAR's Weekly Market Activity Report for the Twin Cities ? Week of March 7, 2011.
Source: http://www.mplsrealtor.com/downloads/market/WMAR/Archive/WMAR_2011_03-07.pdf
On the Market in the Region
A four-bedroom Colonial in Garden City, N.Y., and a four bedroom with water views in Pelham Manor, N.Y.
Source: http://www.nytimes.com/slideshow/2012/09/16/realestate/20120916-OTMREGION.html?partner=rss&emc=rss
Friday, September 14, 2012
Trulia: Buying a home is 45% cheaper than renting
The findings come from real estate data provider Trulia. Based on asking prices and rents from the summer, the company claims people can save, on average, $771 a month by buying.
Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/s5vMXF0a3v8/trulia-buying-home-45-cheaper-renting
enotes - April 25, 2011
MAAR's weekly electronic newsletter for the week of Apr 25, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_04-25.htm
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'I'm trapped in a high-rate mortgage'
Record-low mortgage rates of 3% to 4% have been out of reach for these homeowners. Despite having good credit and making their payments on time, they're stuck paying 6% or more on their loans.
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/4Z4Ux0G6b6E/index.html
Thursday, September 13, 2012
Debriefing: Debriefing ? Edward Kirkland?s Last Battle for Chelsea, or So He Says
Edward Kirkland, 87, Chelsea?s longtime champion, is preparing to fight the expansion of the Chelsea Market.
Freddie Mac clears mortgage principal reduction in more states
Freddie Mac will allow servicers to participate in principal reduction programs using Hardest Hit Fund dollars to reduce the loan balance in some cases. All past due charges and fees must be paid with the taxpayer money before any principal is reduced, however.
Wednesday, September 12, 2012
Housing Supply Overview - April 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_04.pdf
Consumers cautious on housing recovery: Fannie Mae
Fannie Mae's survey of 1,000 Americans resulted in a mildly optimistic report on housing that is tempered by fears the U.S. economy is heading down the wrong track.
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Tuesday, September 11, 2012
When an adustable-rate mortgage makes sense
Locking in a historically low fixed rate might feel safer. But borrowers can save big on ARMs right now.
Source: http://rss.cnn.com/~r/rss/money_realestate/~3/wl4yr2p1DJs/
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
enotes - May 09, 2011
MAAR's weekly electronic newsletter for the week of May 09, 2011.
Source: http://www.mplsrealtor.com/downloads/enotes/2011_05-09.htm
Monday, September 10, 2012
Rural affordable housing struggles with oil and gas boom
With an influx of highly paid oil and gas workers, local governments are finding it difficult to develop affordable housing for lower paid workers such as teachers.
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