tagged w/ Real Estate
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This week headlines across the United States screamed that new home sales in the U.S. had declined to the lowest level since the U.S. government began keeping track in 1963. But in the news stories covering this data in the mainstream media, they were always very careful to give their readers lots of reasons why things are going to "get back to normal" very soon. But the truth is that is simply not going to happen. Right now the United States is heading for another real estate crash. The only thing that has been holding it back was the huge bribe (called a tax credit) that the U.S. government was giving people to buy houses. Now that the tax credit has expired, there is no artificial incentive to buy homes and the real estate market has fallen through the floor. Unfortunately, there is every indication that things are going to get even worse.This week headlines across the United States screamed that new home sales in the U.S.... more
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Marissa A. Ross has curated a show for Echo Park record store/record label Origami Vinyl and homegirl has seriously put together an impressive line-up.Marissa A. Ross has curated a show for Echo Park record store/record label Origami... more
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This weekend brings the newest in DVD and theater releases. Anyone tempted to hit stores for hot new sellers can check out It's Complicated and The Imaginarium of Doctor Parnassus.
Movies making their debut on the big screen include A Nightmare on Elm Street, Furry Vengeance, and Harry Brown.
The Rotten Tomatoes Show is a movie review show that airs on Thursday nights at 10:30 e/p on Current TV. From reviews of the newest releases to commentary on cult favorites and movie trends, each episode of The Rotten Tomatoes Show is a fast-paced, comedic journey through the week in cinema.
For more from the Rotten Tomatoes Show: http://rottentomatoesshow.comThis weekend brings the newest in DVD and theater releases. Anyone tempted to hit... more
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Want to know how the real estate industry is doing these days? Here you will see how is the real estate business is doing in different states. And if you are putting up for sale signs yet no buyer turns up – don’t lose hope we have the perfect suggestion for you. Read on and find out how to sell that house.Want to know how the real estate industry is doing these days? Here you will see how... more
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The Hedz-Up Report covers the fight to save St. Vincent's Hospital. This is the first installment. More to come. Thanks for watching. Help spread the word.
Why Are They Closing St. Vincent's Hospital? (Pt. 1)
http://www.youtube.com/watch?v=zFbajDy00IYThe Hedz-Up Report covers the fight to save St. Vincent's Hospital. This is the... more
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Those who believe that the U.S. real estate crash is over are delusional. The truth is that all the numbers point to the foreclosure crisis getting worse - not better. Many of the talking heads on the major news shows want to make the American people feel better about the real estate market and are projecting that things will soon turn around, but a cold, hard look at the statistics tells an entirely different story. Foreclosures are increasing and there is every indication that they will continue to increase. According to RealtyTrac, initial foreclosure filings were reported on 367,056 properties in March, an increase of almost 19 percent from the previous month. It was also the highest monthly total since RealtyTrac began issuing its report on initial foreclosure filings in January 2005.Those who believe that the U.S. real estate crash is over are delusional. The truth... more
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Can you name the Bette Davis movie where she says, “What a dump” before I count to ten? 1-2-3-4-5-6-7-8-9-10. You got it? OK, you win. The first three people to email me the correct answer to abe@imeanwhat.com will receive an I MEAN WHAT?!? trucker hat. Anyhoo, I am way off on a tangent. I went house hunting on Sunday in Los Angeles with a friend who is ready to plunk down $1.5 million dollars on a house. OK…to some, it’s like nothing. But to many, it’s plenty. We saw some lovely, lovely homes. A cool, four bedroom beauty, with original detail work from the 40’s that made me sob. And this hillside, 60’s modern groove-zone with views that also made me sob. You wanna know what really made me sob? Having to come back to New York to the rat race. And when I say rat race…I really mean it. On the flight home, I clicked on a New York Times ad by accident and up popped this monstrosity (below). It is the ad for a “loft” for the same price as the homes I saw the other day. When they say one bedroom loft…the word loft is operative to induce a sense of vast spaciousness. But when you hear Lower East Side…well…fotz. Say what you want about LA you New York haters, but give me a clapboard house in LA over the clap that you will surely get skeeving around that rat trap.
Read more: http://imeanwhat.com/canyoubelieve/what-a-dump#ixzz0lf2Ec65SCan you name the Bette Davis movie where she says, “What a dump” before I... more
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YPNation contributor Jen Skala takes a look at the apartment rental market, its slow comeback and the young professionals who are apartment hunting again:
"According to Reis Inc., a New York-based real estate analytics firm, the national apartment vacancy rate remained at 8 percent for the first quarter in 2010. This is the highest vacancy rate Reis has recorded since it began tracking the figure in 1980, reports The Wall Street Journal. Reis tracks apartment vacancies and rents in the top 79 U.S. markets.
Multiple media reports point to young adults as the most common rental demographic, as well as among the hardest hit by recession job losses. Many potential renters chose to move in with family members or double up on roommates during an economic downturn, The Wall Street Journal reported. This is especially true for young renters, according to Time.
Of course, with high vacancies have come deep discounts and some savvy YPs have been able to take advantage of the specials and concessions offered by landlords."
Read more: http://www.ypnation.net/yps-remain-influential-rental-marketYPNation contributor Jen Skala takes a look at the apartment rental market, its slow... more
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The FHA has typically been a good avenue for first-time home buyers, allowing buyers that have less than perfect credit, very little money down, gift money from family members, explanations about credit problems that other lenders would balk at, or a high ratio of debt compared to their income, be able to purchase a home. However, the FHA announced at the end of January that they are making changes to their program in order to lessen the number of FHA foreclosures.
http://tampabayinformer.com/Business/General/2010/02/25/Federal-Housing-Authority-Makes-Changes-in-Home-Loan-Program.htmlThe FHA has typically been a good avenue for first-time home buyers, allowing buyers... more
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Residential apartments in Vaishali
PARTH HOMES PVT. LTD. entered the Real Estate Development business in the year 2005. Builds rent Residential Apartments Flats in Indirapuram Vaishali Ghaziabad
Monday, March 29, 2010
PARTH HOMES PVT. LTD. entered the Real Estate Development business in the year 2005. The company in a short span of five year has completed and delivered too many residential projects on the thousands of sq ft. of area with all “on time delivers”. As on the date the company currently many projects under development today. We believe that a Home is not merely a structure that is built but is much more than that. We ensure that all or best efforts go into translating your dream home into reality. We with its high commitments have become synonyms for perfection, innovation customer satisfaction transparency. PARTH HOMES is India’s leading real estate developers for the last five years company is growing year after year by fulfilling the requirements of parasitically and aesthetics in our residential project to give maximum basic facilities, latest life style at affordable price our aim for future growth and reputation. We provide buyers the best value for his money work with experienced architect and planners with innovative ideas and knowledge of latest techniques in construction for meticulous architectural planning are engaged to provide the best possible layout design & land escape for comfort and basic requirement of modern day life style at affordable price.
Contact information
Company name: PARTH HOMES PVT. LTD.
Email: support@parthhomes.com
Website: http://www.parthhomes.com
Address: Plot No.39, Gyan Khand –II, Indrapuram GZB.
Phone number: 9311282938, 9818835522, 9310745688
###Residential apartments in Vaishali
PARTH HOMES PVT. LTD. entered the Real Estate... more
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March 24 (Bloomberg) -- Sales of new homes in the U.S. unexpectedly fell in February to a record low as blizzards, unemployment and foreclosures depressed the market.
Purchases decreased 2.2 percent to an annual pace of 308.000, figures from the Commerce Department showed today in Washington. The median sales price climbed by the most in more than two years.
The new-home market is vying with foreclosure-induced declines in prices for existing homes in an economy where unemployment is forecast to average 9.6 percent this year, close to a 26-year high. Treasury Secretary Timothy F. Geithner yesterday said it would take a “long time” to repair the housing market as the administration takes steps to overhaul real-estate financing and regulation.
“It’s going to be a long, slow slog and the lagging sector will be new home sales because they have to compete with existing sales and foreclosures,” Bill Hampel, chief economist at the Credit Union National Association in Washington, said before the report. “New home sales probably have until the fourth quarter until they start recovering.”
Sales were projected to climb to a 315,000 annual pace, according to the median estimate in a Bloomberg survey of 78 economists. Forecasts ranged from 275,000 to 343,000. The Commerce Department revised January data to show 315,000 sales at an annual pace, up from the previously estimated 309,000.March 24 (Bloomberg) -- Sales of new homes in the U.S. unexpectedly fell in February... more
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If you're anything like me, right now you're trying desperately to ignore the vague fear that you can no longer afford to continue your current housing situation. You probably keep hoping you'll get a new job, inherit a fortune, the government will intervene or that Armaggedon will strike before your next bill is due and you won't have to deal with it.
Here are a few clues that it may be time to confront the situation head on: You consider housing and utilities an either/or situation. ...If you're anything like me, right now you're trying desperately to ignore... more
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Will commercial real estate be the next shoe to drop in the ongoing U.S. financial crisis? While most eyes are on the continuing residential real estate disaster, the reality is that the state of the commercial real estate market in America could soon be even worse. Very few financial pundits are talking about this looming disaster but they should be. The truth is that U.S. commercial property values are down approximately 40 percent since the peak in 2007 and currently approximately 18 percent of all office space in the United States is now sitting vacant. That qualifies as a complete and total mess, but the reality is that the commercial real estate crisis is just starting.Will commercial real estate be the next shoe to drop in the ongoing U.S. financial... more
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The listed blog posts in the article offer great tips on every aspect of homeownership. They cover every step of the way, from deciding whether or not buying is a wise idea to settling in with decorations and repairs.
Link: http://constructionmanagementdegree.org/?page_id=469The listed blog posts in the article offer great tips on every aspect of... more
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eva2
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Take a tour of Vancouver's newest highrise -- where the strata fees alone are as much as some mortgages.Take a tour of Vancouver's newest highrise -- where the strata fees alone are as... more
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Evidently neither the poet Edna St Vincent Millay, the actor Cary Grant nor the author and anthropologist Margaret Mead ever needed to swing a cat. All were former residents of reputedly the narrowest house in New York, which has just sold for $2.1m (£1.3m).
The price of the house in Greenwich village, just 2.9m (9.5ft) wide and 9.1m (30ft) deep, was slashed by $600,000 since it first went on the market in August, but nevertheless represents a big markup on its last sale in 2000 for a mere $1.6m.
According to the archives of the Greenwich Village Society for Historic Preservation, the house was built in 1873 during a smallpox epidemic, filling in what had been a carriage entrance way to the stables behind its neighbours.
It served as a shoemaker's shop and a sweet factory until the 1920s when the area became a centre for Bohemian life, and an attic studio and the stepped Dutch gable were added for Millay.
It later became home to Mead, her sister and brother-in-law, the cartoonist William Steig, and then of the actors John Barrymore and Cary Grant. It was bought by a lawyer as a family home in the 1950s to save it from demolition, when the entire block was threatened with clearance for redevelopment.
An even more bijou residence is currently on the market in London for a whisker under £550,000.
The basement and three floors over what was once a shop too small for more than one customer at a time, in Shepherd's Bush, west London, is a mere 1.8m (6ft) wide, but packs in two reception rooms, a dining room, a surreally narrow subterranean kitchen, bathroom, shower room, two bedrooms and a study, garden and terrace. It is described by estate agents Faron Sutaria as "pounds per square foot ... incredibly good value for money".Evidently neither the poet Edna St Vincent Millay, the actor Cary Grant nor the author... more
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After a dour year where housing prices fell more than 12% nationwide, will 2010 bring sunnier tidings?
The short answer: only a tad in a select few places but overall not really.
The five areas that Moody's foresees home prices performing best in 2010 are: Tacoma, Wash., (an increase of 2.44%); Memphis, Tenn., (up 0.99%); Pittsburgh (up 0.89%); Charleston, S.C. (up 0.18%); and Seattle (decline of 0.50%). (These five markets are culled from data on Moody's Economy.com and based on the largest 100 metro areas.)
Yes, there have been pieces of good news over the past few months that have indicated a quiet, slow bottoming of real estate prices. For instance, sales of existing homes rose 7.4% in November from the previous month, the highest rate since February 2007, according to data from the National Association of Realtors released last week. The tax incentives for home buyers passed earlier this year along with historically low interest rates have no doubt nudged many buyers into the market.After a dour year where housing prices fell more than 12% nationwide, will 2010 bring... more
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