Amsterdam Real Estate News
Real Estate news for Amsterdam, NY continually updated from thousands of sources.
Sunday Sep 7 | via Seattle Post-Intelligencer
A house in that is in foreclosure is seen on Monday, July 14, 2014, in Amsterdam, N.Y. They are called "zombie homes, " properties that are no longer under control of their owners with pending foreclosure, but not yet under control of a bank or lender. New York has an estimated 15,000 of them - homes that have been abandoned by their owners, usually with foreclosures looming but before lenders are in control of the properties. Comment?
Jul 9, 2014 | via Albany Times Union
Montgomery County could receive nearly $16 million - or more - from a federal ruling against the banking industry's mortgage registry, and attorneys are now reaching out to other counties nationwide to get in on the action. Comment?
Apr 14, 2014 | via Times Herald-Record
Counties will put about 1,000 pieces of property up for sale in the next couple of months because of unpaid taxes. Comment?
Mar 28, 2014 | via Gazette.net
Staff at Montgomery County's Department of Economic Development incorrectly calculated the expected economic impact of a 2006 Bethesda theater project, telling the County Council the project was worth twice its actual value, a report by the county's Office of the Inspector General says. Comment?
7 hrs ago | via New York Daily News
The commercial real estate industry is having its strongest year since 2007 thanks to rapidly rising prices, according to a new report released Wednesday. New York City building sales are on track to top $52 billion in 2014, over $12 billion more than last year, the report shows. Comment?
13 hrs ago | via Examiner.com
A neighborhood in East New York , Brooklyn that was supposed to be site of New York City Mayor Bill de Blasio's 200,000-unit low-cost housing plan, has seen a tremendous hike in land prices from $32 per square foot to $93, several reports said. Citing data from The Wall Street Journal, Gothamist.com reported that apartments in the area are now priced at $155 per square foot from $143 in 2013. Comment?
15 hrs ago | via Examiner.com
Williamsburg, Brooklyn was named as one of the top real estate markets to watch in 2015 by London real estate consultancy Knight Frank, Forbes.com said in a report. The report, which also cited the Toyosu-Kachidoki bay-area in Tokyo; Barangaroo, Sydney; the 16th arronissement in Paris; Kowloon West in HongKong, among many, stated Williamsburg is benefiting from a rising trend among investors who have "regained their taste for adventure and are branching out into alternative markets in search of good opportunities." Comment?
Yesterday | via Grist Magazine
New York's state capitol in Albany is not known for producing a lot of good ideas. As the Brennan Center for Justice at New York University puts it , "The New York State legislature is nationally notorious for its dysfunction and subservience to special interests." Comment?
Tuesday | via Hispanic Business
SECURITY The bonds are secured by a pledge of gross receivables of the obligated group, and a mortgage on the main hospital facility. is the only member of the obligated group. Comment?
3 min ago | via The Aiken Standard
After reading the remarks Monday by Deputy Treasury Secretary Sarah Bloom Raskin, concerning the nation's record level of student loan debt, it's easy to be reminded of comments made in 2007 by Ben Bernanke, then the chairman of the Federal Reserve, concerning the nation's subprime mortgage crisis. In a keynote speech at the annual meeting of the National Association of Business Economics, Raskin assured attendees, 'No one now expects a student loan meltdown because there is a great deal of integrity and stability in the student loan market.' Comment?
4 min ago | via KWWL-TV Waterloo
The recent killing of an Arkansas realtor is raising red flags for local home sellers. Arkansas investigators found the body of realtor Beverly Clark Tuesday in a shallow grave outside Little Rock, after she went missing from an open house. Comment?
9 min ago | via Australian Broadcasting Corporation
Having spent the best part of four years coming to terms with a complex set of rules around their capital structure, the big banks could be facing something much scarier and costly - simple reforms, based on old fashioned ideas. Rather basing capital needs on risk weighting of assets, the regulatory winds may be shifting to include the rather more straightforward calculation of leverage ratios. Comment?
12 min ago | via Altoona Mirror
Foreclosure rates in Altoona decreased for the month of July over the same period last year, according to newly released data from CoreLogic. The CoreLogic data reveals that the rate of Altoona area foreclosures among outstanding mortgage loans was 1.28 percent for the month of July, a decrease of 0.44 percentage points compared with July 2013 when the rate was 1.72 percent. Comment?
13 min ago | via Albany Times Union
When we read the remarks Monday by Deputy Treasury Secretary Sarah Bloom Raski concerning the nation's record level of student loan debt, we were reminded of comments made in 2007 by Ben Bernanke concerning the nation's subprime mortgage crisis. In a speech at the National Association of Business Economics, Raskin assured, "No one now expects a student loan meltdown because there is a great deal of integrity and stability in the student loan market." Comment?
Copyright © 2014 Topix LLC