new york: International Investment increasing in the U.S.
- 01/10/07 02:23 PM
The world is getting smaller every day. With an increasing global economy, anytime can be a good time to sell property. South Koreans are on a home-buying spree in several U.S. cities, including New York, Los Angeles, San Francisco and Atlanta, according to an International Herald Tribune article. Their purchases are spurred by a May 2006 Korean policy that allows individuals to invest as much as $1 million overseas, the relative strength of the Korean won and the sagging U.S. housing market, the newspaper says. South Koreans' investment in U.S. residential real estate is expected to total $2 billion in 2006, (4 comments)
new york: New York City Suburbs
- 12/29/06 07:01 PM
Businessweek.com reports West Nyack, N.Y., is this year's best affordable New York City suburb. About a 30-minute drive from Manhattan, West Nyack is one of five villages and hamlets that make up an area on the western bank of the Hudson River known as "The Nyacks." The neighborhood, which has a median home price of $605,700 (vs. New York City's $963,700), is perhaps known best as the location of Palisades Center, the largest shopping mall in the New York metropolitan area. (3 comments)
new york: Bid on Vacant Properties
- 12/21/06 12:24 PM
New York City Housing Authority ("Authority") seeks sealed bids for the sale of the five groups of real properties comprising two vacant lots and 29 vacant single-family houses located in Greater Jamaica and one vacant house situated on North Shore Staten Island.The properties are being offered in an "As Is" physical condition. Beginning December 12, 2006, please consult NYCHA for the properties' street addresses and other particulars, inspection times (scheduled between January 3, 2007 and January 12, 2007) and the Bidder's Information Packet. The Authority's acceptance of all bids will be subject to the approval of the United States Department of (0 comments)
new york: New Security Freeze Law
- 12/16/06 01:18 AM
It is easier for New Yorkers to block unauthorized access to their credit files, thanks to a new law that went into effect last month. The New York Security Freeze Law gives consumers the option to put a block on their credit files, which will prevent lenders and credit card companies from getting access to the information; If someone tries to use your identity, the lender will not be able to get a copy of your credit history and will likely refuse to open an account. The down side is the freeze will also prevent a person from borrowing money or (5 comments)
new york: Prelude to a successful home sale...
- 09/12/06 04:36 PM
As a home owner looking to sell, price will ultimately determine how long your house will stay on the market; this is one of the most important decisions you will make when selling. A home priced too high can result in buyers who don’t come back for a second showing, or even worse will not come at all. This is especially true because buyers are becoming more diligent in educating themselves on the neighborhoods they’re interested in, and will recognize a home that is priced to high. Not to mention all of the missed sales opportunities while doing your price (0 comments)