Old Forge Real Estate News
Friday | via The Washington Post
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Here's one sign that your rent is too high and you can't afford to buy a home: You live in a city that isn't building enough new houses and apartments to keep up with the pace of a growing population. Comment?
Friday | via Business Wire
The brokerage, which serves greater Albany with 10 offices and more than 300 agents, was a Top 50 company in the Prudential Real Estate network. Founded in 1922, Blake, REALTORSA is one of the region's oldest and most-respected real estate companies. Comment?
Friday | via Yahoo!
Police have searched the homes of co-pilot Andreas Lubitz in two German cities in search of an explanation for why he may have crashed a passenger plane into the French Alps, killing all 150 people on board. German tabloid Bild reported Friday that Lubitz had a "serious depressive episode" six years ago and that a medical problem was noted in aviation records. Comment?
Wednesday Mar 25 | via The Real Deal
From the March issue: The impact of free travel to Cuba for New Yorkers, Eddie Sitt sues his brothers and more in this month's roundup of real estate happenings. Comment?
Wednesday Mar 25 | via The Real Deal
Luigi Rosabianca, a prominent real estate attorney who specializes in representing ultra-high-net-worth foreign buyers, has been suspended from practicing law after a Manhattan court found there was evidence to suggest he mishandled client funds and that he refused to cooperate with an investigation. The decision to suspend Rosabianca, reached by the Appellate Division First Department on March 12, came after four separate clients complained to the Departmental Disciplinary Committee, which handles attorney misconduct, and Rosabianca failed to respond to any of the allegations. Comment?
1 hr ago | via Reuters
Sales tax receipts in the thriving oil town of Midland, Texas, fell this month, only the second decline in five years and one of the first signs of how low oil prices are beginning to ripple beyond oil company bottom lines and into the wider economy. Midland's sales tax revenues, which reflect commercial and residential spending, dipped to $5.119 million in March from $5.126 million in March 2014, according to data from the Texas Comptroller released last week. Comment?
9 min ago | via Seeking Alpha
Since the ETF covers equity REITs so well, I'd love to pair a few mREITs with my position in VNQ. Vanguard REIT ETF is one of the best ETFs on the market. Comment?
12 min ago | via Seeking Alpha
Monthly reports for February included new home sales, which set a new post-recession high, and existing home sales, also higher, and a higher CPI. Durable goods were down for the 4th time in 6 months, and the University of Michigan sentiment indicator improved from its first March reading, but has continued to back off its January post-recession high. Comment?
13 min ago | via Seeking Alpha
That's right. Not " Should I draw down savings or investments to prepay my mortgage? " or "Should we wait to take Social Security?" or "If my retirement accounts are fully funded, how should I invest the rest of my cash?" But "Why is money important to you?" Richards firmly believes the foundation of any financial plan lies in addressing the "Why?" question, even if it makes you squirm - as it no doubt will - or think you mistakenly stepped into a therapy session. Comment?
1 hr ago | via The Japan Times
This summer sees the 20th anniversary of the massacre at Srebrenica. Eight thousand Europeans were taken outside, their hands carefully tied behind their backs, and Serbian soldiers shot them all in cold blood. Comment?
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