3-MTH Demand Check For Manhattan N’hoods
Posted on February 16th, 2012
A: The last check was December 17th, 2011 and before that it was October 17th, 2011. Read full post…
Tags: Check, Check Manhattan
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State housing agency awards $542,000 to repair, replace substandard housing in the City of Taft
Posted on February 4th, 2012
January 25, 2012 by Texas RealEstateRama Category: News Housing & Development The Texas Department of Housing and Community Affairs (TDHCA) and State Senator Judith Zaffirini today announced a $542,000 award to the City of Taft that will help fund home repairs for low income homeowners, helping residents maintain homeownership while providing a significant boost to the local economy.
City officials anticipate the funds will help rehabilitate six homes owned and lived in by income eligible households.
“I am delighted that some of my low-income constituents soon will enjoy the benefits of new or substantially improved homes,” Senator Zaffirini said. “Th
What is a Home Inspection?
Posted on February 1st, 2012
What is done in a home inspection? What is covered?
A home inspection, usually, is a VISUAL inspection of a property, running water & systems when they can be run.
What does that mean?
In general, things the inspector can SEE are checked. Dishwashers, stoves, exterior foundation, pipes that can be seen, walls that can be seen, and electrical outlets are often tested.
What can’t an inspector do? See in the walls or under ground, or remove a wall or floor to see behind. It makes it hard to see if there are problems behind them. Are there leaks in the pipes in the walls or under ground? If he or she can’t see them, it is hard for them to discover.
Roofs are an issue that come up often — what is the age? What
More Canadian Seniors Are Carrying Debt Into Retirement: Mortgages and Lines of Credit
Posted on January 25th, 2012
There was an article in the Globe and Mail today discussing a recent report by TD Bank. The report indicates that more Canadians are carrying debt into retirement. The report also states that the amount of debt for Canadians aged 45-65 is increasing. Quotes from TD Bank representatives state that this comes as a surprise to them.
Tags: Carrying Debt, Retirement
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So…How’s the Market Doing? Expect Ticker to Jump
Posted on January 13th, 2012
A: So the market managed to pull out 702 new deals in December. This is relatively flat compared to last December but down 17% from December of 2009. The 2009 market was crazy volatile and saw a delayed seasonality as buyers waited for stability before jumping back in – so no surprises there. All in all this seems very normal to me. If Manhattan had a VIX, we would be around 17-18 now. Back in 2009 it was probably over 50. Buyers today expecting to price in future downside risks from events that have not played out yet, are finding this market very frustrating. Just finding well priced quality product is proving difficult. The side effect is more demand for rentals. Read full post…
Tags: Market, Market Doing
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