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My Affordable Real Estate

Real Estate listings of commercial, residential, land, and timeshares to the highest bidder.

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Entries from December 2007

Fed’s New Rules On Mortgages Draw Hostility from Critics

December 19th, 2007 · No Comments

Rules proposed by the government to curtail high-risk mortgages is drawing criticism from lawmakers who sought more action.

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Tags: Real Estate Information

California Mall Dispute Results In a $89 Million Verdict

December 19th, 2007 · No Comments

Should passive investors foot the bill for misconduct by a property’s managing partner? Plus, Louisiana moves toward selling Katrina-damaged properties, and developers struggle to obtain financing.

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Tags: Real Estate Information

Interest in Island Addresses Spurs Growth in Bermuda

December 19th, 2007 · No Comments

New office buildings are rising near the British territory’s hotels amid growing demand from insurers and hedge funds willing to pay big-city prices.

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Year Ends With a Whimper For Real-Estate in Europe

December 19th, 2007 · No Comments

Christmas has turned into a dull season overseas with slow sales exacerbated by worsening credit-market conditions.

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Investors Like the View From the Mezzanine Section

December 19th, 2007 · No Comments

Real-estate operators are investing in mezzanine debt, the middle piece of the capital structure on buildings, drawn by attractive yields and the possibility of gaining ownership of buildings.

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Americans Back Stronger Regulation Of the Mortgage Industry

December 18th, 2007 · No Comments

Many consumers say the government shouldn’t provide financial assistance to borrowers who can’t afford their mortgages, a WSJ.com/Harris poll shows. But 41% agree strongly that mortgage brokers should be better regulated.

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Tags: Real Estate Information

Frustration Builds As Property Taxes Rise

December 18th, 2007 · No Comments

State and muncipal officials are facing public outcry over property taxes even as the housing slump eats into local revenue.

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Where the Housing Slump Has Dealt the Strongest Hit

December 18th, 2007 · No Comments

In this week’s survey of news from across the Web, Open House looks at a town where the drop in home sales has been the steepest, how to best find foreclosed houses for sale, why home sellers might want to put their home on the market on a Friday, incentives and price cuts from home builders, and how falling housing values are resulting in lowered property taxes for some Californians.

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Tags: Real Estate Information

Billionaire May Obstruct Macklowe Tower Project

December 18th, 2007 · No Comments

Harry Macklowe’s efforts to build an office-and-retail building in Manhattan are facing resistance from Ali al Fayed.

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Tags: Real Estate Information

CDO Battles: A Royal Pain Over Who Gets What

December 18th, 2007 · No Comments

A filing in New York state court is a window into battles likely to ensue from battered mortgage-investment vehicles.

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Tags: Real Estate Information