Real Estate

After more than 10 years of good Blogging use from Radio Userland 8 I've moved on to MarsEdit, NetNewsWire, and WordPress. Follow this link to my next blog, webstir.com/opmlblog/.

Nearly 9% of all U.S. mortgages--or 4.8 million loans--are past due or in some stage of foreclosure.

Tomorrow Never Knows: Lyrics, AMG, Wikipedia

Whithin You Without You: Lyrics, AMG, Wikipedia

In Massachusetts the forclosure rate is rising fast. There are a lot of families carrying such a heavy debt load that when the ARM goes up it breaks their budget. CNNmoney - Rising payments on adjustable-rate mortgages contribute to 53% jump in foreclosures.

Money -- who gets it and who doesn't -- is at the center of the huge dispute concerning Virtual Office Web sites, or VOWs. With VOWs as currently proposed, all listings from a local MLS must be available for display -- MLS member brokers would not be able to opt out or fully control the use of their listings. Consumers who wish to see VOW listings would be forced to register with VOW owners. With a registration in hand, a VOW owner -- perhaps an entity that has never seen the property, never met the prospective buyer and never visited the community where the property is located -- may well be entitled to a share of the realty commission.

Making the grandest entry into the Boston area real estate market in memory, Novartis has leased 764,000 square feet of costly lab space in Cambridge, Mass. By Susan Diesenhouse.
New York Times: Business

How has Geoffrey P. Wharton, who has spent most of his professional life in commercial real estate, turned up as chief executive of one of the largest residential brokerage agencies in the city? By John Holusha.
New York Times: Business

CNN - Beth Johnson and the US economy both were on a roll in 2000, when she bought her first home.
More homeowners face foreclosure MSNBC
Mortgage miseries sending more homeowners into foreclosure Fort Lauderdale Sun Sentinel

Google Business News

- Posted by Gary Secondino - 9:25:23 PM - trackback []