send a message
request a callback
sign up or login
language
Loading content... Property News
January, 30th
According to the Bloomberg.com portal the value of New York City’s more than 1 million properties may rise 3.8 percent to $845.4 billion this fiscal year as the real estate market recovers, according to a projection by the city Finance Department. Commercial properties, including Manhattan’s signature office towers, will gain the most, with a 7.9 [...]
July, 18th
According to Standard & Poor there is the possibility that US mortgage giants Fannie Mae and Freddie Mac could be downgraded if lawmakers don’t raise the government’s current borrowing limit in time to avoid the banks defaulting on their debts. Some Farm Credit System Banks and Federal Home Loan Banks are also at risk as [...]
May, 19th
A new report from the US National Association of Realtors shows that foreign buyers were responsible for 8% of all home sales in America in the 12 months ending March 2011. According to the data foreigners are mainly buying at the higher end of the market, where price reductions combined with currency exchange rates are [...]
May, 12th
According to figures released by Zillow Inc there are now more than 28% of US homeowners who are in negative equity, which has increased from 22% a year earlier as home prices have decreased by 8.2% over the past year. This equates to 16.2 million homes, with Las Vegas having the highest percentage of mortgages [...]
May, 6th
The headlines proclaim; it’s official, US property prices have doubled dipped. The proclamations come following a report by Clear Capital which shows US home prices across the country are now lower than what was previously thought to have been a trough in March 2009. Many had predicted that a surge in short sales and repossessed [...]
April, 7th
Written by Shaun Thompson The prices of Manhattan apartments fell during the first quarter and sales made up the smallest percentage of the market for seven years. The price drop was an average of 9.9% from a year earlier to $782,071. However this drop has been offset by the demand for co-ops which tend to [...]
April, 1st
Written by Lesley Graham US home foreclosures slowed in the fourth quarter. But this is not the great news it seems to be. As we have seen several times before each drop in foreclosures brings a more aggressive stance from the banks clearing backlogs, and an almost immediate rise. This is even more likely once [...]
© 2011 Invest Realty LLC. Novrealty and the Novrealty logo are registered trademarks of Invest Realty LLC.
Designed and developed by 