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Queens had more than 500 foreclosures during the first quarter of 2008, researcher says....
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The white bus with the magnetic sign saying "Long Island Foreclosure Tours'' pulled up to a small home in East Meadow, Long Island, and spilled out its cargo: a dozen homebuyers looking to save $100,000 or more....
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Home prices fell in 23 U.S. metropolitan areas in March, led by Sacramento and San Diego, as rising foreclosures prolonged the housing recession....
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The sale of Starrett City in Brooklyn, the nation's largest federally subsidized housing project, will go forward after its owners agreed to ensure that it would be preserved as affordable housing....
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Scam artists may promise to save cash-strapped home owners from foreclosure but then, instead, steal their money or any remaining home equity. Such scams are becoming more prevalent, and some states are fighting back....
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America's housing crisis is finally hitting New York City's real-estate market - and that is great news for renters....
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New York developer Forest City Ratner and architect Frank Gehry today unveiled a design for a new 76-storey residential tower that will redefine the skyline of Lower Manhattan. The Beekman, as the project is known, will be the tallest residential tower in the City and Gehry’s first residential project in New York....
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Toll Brothers Inc, the largest U.S. luxury home builder, posted a quarterly net loss on Tuesday, hurt by weakened demand in most markets amid the nation's housing slump, but the results were not as bad as Wall Street had expected....
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Mortgage investors, watching homeowners default on their loans in record numbers, are fighting back to limit the losses on their assets....
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The intrepid condo buyers who took a gamble on a modestly priced spread in Brooklyn Heights in April 2007 probably had no idea that they would be living in the borough's most expensive neighborhood for condos a year later....
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The chairman of the New York City Housing Authority announced plans to raise rents by between 5 to 15 percent for higher-income residents....
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Governors Island opens to the public this Saturday and the ferry rides to the 172-acre spread are free from Manhattan. The island will be open every weekend through Oct. 5, and will have space for bike riding as well as will host art festivals and concerts....
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Bankers are cautioning state lawmakers and regulators not to go too far in passing legislation to address the mortgage crisis and lending abuses, lest they unwittingly increase the cost of borrowing for consumers....
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Despite the upheaval among lenders and declining home values, customer satisfaction with home-equity lines of credit remains high, according to the J.D. Power and Associates 2008 Home Equity Line/Loan Origination Study released May 28....
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Consumers who get their loans through brokers typically pay more than those who obtain them directly from the lender, claims a study prepared for the Department of Housing and Urban Development....
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Stan K
on
11 August, 2008 02:41:50