Aug 30, 2022 |
syndicator
This modest and relatively affordable Kensington co-op is spacious enough for a small family and has attractive prewar details. The latter include high ceilings, wood floors and arched openings. Designed by architects Kavy & Kavovitt, the six-story, 75-unit brick elevator building at 40 Tehama Street opened in 1939, the certificate… Read More > The post […more]
Aug 30, 2022 |
syndicator
All photos courtesy of Alejandro Ramos An over-the-top dining experience bursting at the seams with color, patterns, and nostalgia opened in Times Square this summer. Peachy Keen is a sprawling restaurant with exaggerated 1970s-inspired interiors, decked out in a vibrant color scheme of coral, turquoise, orange, and pink with design elements like white ceramic tiles with pink grout and neon […more]
Aug 30, 2022 |
syndicator
Are you a Real Estate Investor paying too much in capital gains taxes? Would you like to save and compound those savings multiple times as you grow your business?Do you have questions like: What kind of properties can be used in an exchange? What in the world is a 1031, and where did it come […more]
Aug 30, 2022 |
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The Prestwick Mortgage Group, an Alexandria, Virginia-based advisory and brokerage firm, has unveiled a mortgage-servicing rights (MSR) offering for a $598 million package of Fannie Mae and Freddie Mac loans. Prestwick’s offering comes on the heels of a separate bulk offering announced recently by New York-based Mortgage Industry Advisory Group (MIAC) that involves an MSR offering for a package of Fannie Mae […more]
Aug 30, 2022 |
syndicator
As smart homes become more common, some homeowners are going beyond basics like smart bulbs and assistant hubs like Google Home and Amazon Echo. This can take a number of forms, from the addition of smart electronics and security systems to sensors throughout the house that can recognize when people walk into rooms and adjust […more]
One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture. Part of the challenge is […more]
Aug 30, 2022 |
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Mortgage tech firms FormFree and Docutech are teaming up to make verification of assets (VOA) and verification of income and employment (VOI/E) available in the initial disclosure phase of the mortgage process. FormFree’s AccountChek, a service that allows lenders to verify borrower’s assets, income, employment and rent payment history, is used by retail, wholesale and […more]
Aug 30, 2022 |
syndicator
Buyers keep flocking to Armour Hills as a Brookside home location; although the number of homes closed last month was less than the previous year. I suspect this was due to the higher interest rates that kicked in this Spring. Let’s take a look at the numbers: July 2022 July 2021 Median list price: $399,000 […more]
Aug 30, 2022 |
syndicator
Renderings courtesy of the NYC Department of Housing Preservation and Development Applications are now being accepted for 43 mixed-income units at a new residential development in the Bronx. Located at 2 Mount Hope Place in Morris Heights, the 11-story apartment building offers residents affordable units and a variety of amenities. New Yorkers earning 40, 60, 90, […more]
Aug 30, 2022 |
syndicator
Add mortgage lender Mountain West Financial to the list of victims of the price war in the wholesale channel. The Redlands, California-based company informed its broker network last week that it has “made the difficult decision to take a step back from wholesale lending,” according to a spokesperson. Founded in 1990, Mountain will continue to serve […more]