NEW YORK (CBSNewYork) — If your company offered you a pay raise to tattoo its logo on your body, would you do it?
A New York City real estate company made the offer and dozens of employees are getting inked.
As CBS 2?s Emily Smith reported Tuesday, a tattoo can be a way to show off your personality. ForRapid Realty employees, it is the fast track to a 15 percent pay raise if you [...]
From Realtor.com: June 2012 Real Estate Data
“The total US for-sale inventory of single family homes, condos, townhomes and co-ops (SFH/CTHCOPS) remained at historic lows with 1.88 million units for sale in June, down -19% compared to a year ago, and -39% below its peak of 3.10 million units in September, 2007 when Realtor.com began monitoring these markets.
The median age of the inventory dropped to 84 days, which is down -9.67% on an [...]
It’s not just the inability of some to get a mortgage; bigger issues are failed inspections, appraisals, buyers with cold feet and adverse economic conditions.
For the past several months, Realtors across the nation have been reporting an ever-increasing number of cancelled existing home sale contracts. The latest Realtors Confidence Index now puts the cancellation rate at 20 percent, way up from the historical norm of around four to six percent.
“On-time settlements were reported as declining [...]
HONG Kong’s home sales fell for a 10th straight month, dropping by half in October from a year ago as buyers put off purchases.
The value of transactions last month declined 50 percent to HK$22.5 billion (US$2.9 billion), the city’s government said in a statement on its website yesterday. Sales of residential units shed 2.2 percent from September, it said.
“Transactions slowed down quite significantly particularly in the secondary market,” said [...]
LOUISVILLE, Ky. (WHAS11) – “The Greatest” says he bought a home in eastern Jefferson county that was anything but the greatest.
Thursday night, the realtor who sold Muhammad and Lonnie Ali the home says he is surprised to see this come about.
The home is an upscale property in Louisville’s East End that the former heavyweight champion of the world bought to spend quality time during his retirement in [...]
John Paulson the MANUFACTURER OF INSIDER TADING (WITH GOLDMAN IN ABACUS SCAM) got an ANNUAL TAX CUT of $150 MILLION on an SCAMMED INCOME of $5 BILLION.
$2.88 MILLION/ WEEK to the FRAUDSTER PAULSON! A Decent MANSION EVERY WEEK!
With its own theater and 6,500 sq. ft. – Only Blocks from the ocean.
I have a background in real estate purchases for investment purposes dating back 10 years. There are times when I have used them but most times I have not. FWIW I sold every property I owned including my primary residence by the summer of 2007 against the advice of every realtor i know including close friends. Here are some pro’s and cons from my [...]
Home prices have double dipped nationwide, now lower than their March 2009 trough, according to a new report from Clear Capital.
It was inevitable, and it was predicted (by me for sure) that a surge in sales of foreclosed properties and a big push by banks to facilitate short sales would force home prices down dramatically.
Sales of bank-owned (REO) properties hit 34.5 percent of the market, [...]
Image: Courtesy of Realtor.com
Party girl, Paris Hilton’s old apartment is on the rental market for $20,000 per month.
She listed the place in 2007 and sold it in just ten days, and now the current owners are looking to rent it.
The listing agent? Mauricio Umansky, husband of Real Housewife Kyle Richards.
And yes, this is the home Paris was famously torn out of by Los Angeles Country deputies for her DWI charges.
by Kevin McGrath
I live in America, and I took out a mortgage. Free information is everywhere. The internet. The library. Heck, call a Realtor; we always seem to be working for free. I got a little educated with that free information, and I signed the papers. I did not read all the documents; who does? I might as well have been a robosigner myself. I remember the closer telling [...]
by Steve Dickson
This is potentially going to be the biggest financial hit yet.
Today, it got worse.
The bank announced they’re freezing a total of 56,000 foreclosures, signed by employees who were handed an impossible task.
JP Morgan has admitted that its foreclosure processors were under so much pressure to push through thousands of mortgage defaults that they rarely, if ever, reviewed the files for accuracy.
Now there’s [...]
I am currently building a house in the Midwest Rust belt. It is where we live now and we want the house we want. Plus, we are near sixty and I am in poor health. If we don’t build now, we (as a couple) won’t get to. Also, since my health prevents travel, inability to pursue our hobbies, etc., it is the only luxury we enjoy [...]