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Posts Tagged ‘Real Estate’

June 14, 2011 Business Loan in Default? Your Best Bet May Be an SBA Loan Workout

Despite some hints at an improving economy, it’s still tough out there for many small business owners, and many owners are finding themselves in a loan default situation. In addition to being at risk for losing their businesses, these owners could potentially lose their homes and other personal assets. While there may seem to be [...]

December 9, 2010 When Those Who Can Buy Won’t

According to an article on Boston.com, more and more couples and individuals who are financially able to buy a home are choosing not to. The battered real estate economy is still sputtering, foreclosures are an everyday occurrence, and many homeowners are still underwater, so it’s hardly surprising that first-time homebuyers are scarce. Owning a home [...]

August 24, 2010 Property Values in the Age of Foreclosures

In the old days, the real estate industry, at its heart, was very simple. Houses were built, houses were bought, houses were sold. When there was a greater demand than supply, more houses were built and the cycle continued. It was one of the country’s economic cornerstones. Today, with the economic recession still holding tight, [...]

July 30, 2010 Small Business Lending Still Considered Sluggish, According to Federal Reserve

Despite recent indications that banks were beginning to lend to small businesses again, which we discussed in a recent blog post, at a recent small-business forum, the Federal Reserve chairman, Ben Bernanke, indicated that he was still concerned about the lack of small-business lending. A recent New York Times article notes that experts are unsure [...]

May 6, 2010 Appraisers Seeking Resources to Determine the Value of Green Buildings

Real estate appraisers are struggling to determine the value of green building construction because the market is still in its infancy; there is lack of comparable property data and other market information. The current real estate market poses difficulties for any new construction appraisal, and the nascent green building construction market is exceedingly more difficult [...]

September 29, 2009 U.S. Home Prices Show Three-Month Gain

U.S. home prices rose by 1.6% from June to July, according to The Standard & Poor’s Case-Shiller Home Price Index, which tracks the value of residential real estate in 20 metropolitan regions across the United States. Prices increased in 18 out of 20 of the cities tracked by the Index, one more than in June. [...]

April 14, 2009 New Fannie Mae Rules to Prevent Inflated Appraisals

 In February, Fannie Mae, the largest source of financing for U.S. home loans, announced that it will work to ban their use of in-house appraisals. An “in-house appraisal” means that the appraisal is conducted by brokers’ employees or by appraisers who are arranged by brokers. Appraisals will now need to be conducted by appraisers who [...]

March 24, 2009 Public-Private Investment Program

As part of President Obama’s economic recovery plan, the President and the Secretary of the Treasury, Timothy F. Geithner, announced the details of a public-private plan to buy up banks’ “toxic assets” and auction them off. Administration officials outlined a three-part Public-Private Investment Program that offers private investors vast amounts of cheap, taxpayer-supported financing for [...]