Stone Harbor Real Estate News
Feb 10, 2015 | via Patch.com
Jim Grimes, a leading real estate professional, has joined the Ocean City, N.J., office of Long & Foster Real Estate, the largest independent residential real estate company in the United States. Grimes comes to Long & Foster from a competing local brokerage, where he built a successful career in residential and new construction sales over the past 17 years. Comment?
Oct 26, 2014 | via Philly.com
The old saying that calm seas never made a good sailor may apply to Salvatore Calabrese when it comes to operating his family's bay-front Blue Water Marina, which was nearly washed away by Hurricane Sandy. Two years and more than $1 million later, Calabrese has weathered the storm after the storm: a series of challenges and setbacks including spending $100,000 just to remove debris from the site and finding adequate funding to complete the rebuilding. Comment?
Sep 23, 2014 | via Patch.com
A Millburn man has admitted he used false documents in a $15 million condominium mortgage scam that allegedly involves a Toms River woman. Larry Fullenwider, 63, of Millburn, appeared before Judge Jerome Simandle recently and pleaded guilty to wire fraud, admitting that he purchased four condos in North Wildwood by presenting fake documents, according to Philly.com . Comment?
Yesterday | via Patch.com
Broker-associate Eric Schwartz, the No. 1 agent in the Weichert, Realtors West Orange office, was recognized for his exceptional sales accomplishments in 2014 announced Dominick Prevete, regional vice president of Weichert, Realtors. Comment?
Wednesday Mar 25 | via Patch.com
Weichert Sales Associate Lynda Hester-D'Orio of the Kinnelon office was recognized by Five Star Professional for the fourth consecutive year Dominick Prevete, regional vice president of Weichert, Realtors, announced that Broker/Associate Lynda Hester-D'Orio was named a FIVE STAR Real Estate Agent by New Jersey Monthly Magazine and Five Star Professional, an independent provider of localized research on the performance of service professionals, for the fourth consecutive year. "This is a wonderful and well-deserved honor for this top agent," said Prevete. Comment?
Tuesday Mar 24 | via NorthJersey.com
After treading water in 2014, New Jersey home prices will get a boost from low mortgage rates and an improving job market this year, appraiser Jeffrey Otteau predicted Tuesday. Otteau, an East Brunswick appraiser whose forecasts are widely followed in the real estate industry, expects home values to rise about 3.5 percent this year, compared with an anemic 1.4 percent in 2014. Comment?
Thursday Mar 12 | via Business Wire
The strategic combination of two mutual organizations and long-standing members of the New Jersey financial institution community will create a mutual savings bank with assets in excess of $257 million, deposits of $205 million, loans of $139 million, total capital expected to exceed $34 million and seven banking locations. Pursuant to the terms of the merger which are more fully described in the merger agreement, Llewellyn-Edison will be merged into Glen Rock. Comment?
Monday Mar 9 | via Patch.com
A Hudson County man admitted his role in a $13 million mortgage fraud scam that used phony documents and "straw buyers" to make illegal profits on overbuilt condos in Wildwood and Wildwood Crest, U.S. Attorney Paul J. Fishman announced on Monday. John Leadbeater, 58, of Kearny, New Jersey, pleaded guilty before U.S. District Judge Jerome B. Simandle in Camden federal court to a superseding indictment charging him with conspiracy to commit wire fraud. Comment?
6 min ago | via Monterey County Herald
Up to 17,000 Detroit-area property owners have entered into payment plans hoping to avoid losing their homes to tax foreclosure, and that number will likely rise. Hundreds of applicants lined up before 7 a.m. Tuesday outside the Wayne County Treasurer's Office in Detroit before the tax repayment plan deadline. Comment?
2 hrs ago | via Forbes.com
I'm a staff writer at Forbes covering real estate: from ultra-luxury homes to foreclosures to the people making the deals happen. Until recently, I was a member of our Forbes wealth team, crunching numbers for our Forbes 400 and World's Billionaires lists. Comment?
10 min ago | via Counterpunch
Mike Whitney reports on the rapid metamorphosis of new Fed Chair Janet Yallin into a lackey for the bankers, bond traders and brokers. Comment?
11 min ago | via The Washington Post
U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers. The Standard & Poor's/Case-Shiller 20-city home price index rose 4.6 percent in January compared with 12 months earlier, S&P said Tuesday. Comment?
12 min ago | via WAOW
Accidents do happen but sometimes the end result can turn out better than expected. That was the case for one Seattle man who's story has gone viral. Comment?
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