real estate for sale: Freddie Mac Posts $6.7 Billion Loss in Q1 - 05/06/10 02:55 PM
Mortgage giant Freddie Mac lost $6.7 billion during the first three months of this year, which follows a $6.5 billion loss for Q4 2009.After adding in dividend payments of $1.3 billion on its senior preferred stock to Treasury, the McLean, Virginia-based company reported a net loss attributable to common stockholders of $8.0 billion, or $2.45 per diluted common share, for the first quarter of 2010.The quarterly results helped pushed the GSE’s net worth to negative $10.5 billion at March 31, 2010, compared to a positive net worth of $4.4 billion at the end of last year.With the GSE’s finances severely in … (0 comments)

real estate for sale: Credit Still Tight Among U.S. Lenders - 05/06/10 02:48 PM
Banks have yet to loosen their tight grip on credit. The Federal Reserve’s latest survey of senior loan officers found that most banks maintained stringent lending standards in the first quarter, while some tightened lending terms further.A total of 56 U.S. banks responded to the Fed survey. Thirty-one were classified as large banks, and 25 were labeled as “other banks.”With regard to loans secured by residential real estate, most banks – 79.2 percent – reported essentially no change in their standards on prime mortgages over the past three months. Four large banks and one other reported that their criteria for approving … (0 comments)

real estate for sale: Home Buyers Rush to Take Advantage of Tax Credit Before It's Gone - 02/12/10 02:57 PM
Current homeowners buying a house between Nov. 7, 2009, and April 30 and who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight can qualify for the $6,500. It seems less is known about the repeat buyer credit. This incentive was added when the original $8,000 tax credit for qualified first-time buyers, which expired Nov. 30, was extended.Houses purchased for $800,000 or less are eligible for repeat buyers. Single buyers with incomes up to $125,000 and married couples up to $225,000 may receive the maximum tax credit for both repeat … (1 comments)

real estate for sale: Commercial Real Estate Prices Break 13-Month Losing Streak - 01/25/10 08:39 AM
After a 13-month run of steady price declines, U.S. commercial property prices rose 1 percent in November, Moody’s Investors Service said this week.Despite the short-term boost, Moody’s says it expects prices to resume falling in the coming months as occupancyand rental rates continue to decline, but depreciation should be less severe than the sector experienced in the middle of 2009, when some index readings showed price dives in excess of 5 percent.According to Moodys/REAL Commercial Property Index, prices in the commercial real estate sector began fallingover two years ago, with significant declines seen throughout 2009. The increase in November puts aggregate … (0 comments)

Paul Roesch CDPE 618-233-1000, Real Estate Auctioneer CAI St Louis MO Auctions (Palatium Auction and Appraisal Service, Real Estate Auctions, Estate, Moving, Downsizing Auctions 618-233-1000 USPAP Appraisals) Rainmaker large

Paul Roesch CDPE 618-233-1000

Real Estate Auctioneer CAI St Louis MO Auctions

Webster Groves, MO

More about me…

Palatium Auction and Appraisal Service, Real Estate Auctions, Estate, Moving, Downsizing Auctions 618-233-1000 USPAP Appraisals

Address: Metropolitan St Louis MO and surrounding Illinois and Missouri Counties, 63124

Office: 618-233-1000

Mobile: (618) 407-8479

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I sell real estate assets fast and economically. I auction household, estate, real estate and downsizing auctions. Brokers and agents encouraged for referral of sellers and buyers. Paul Roesch cell: 618-407-8479




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