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To Fsbo Or Not To Fsbo Reasons Not To Sell Sell House Without Realtor Market Changes Favor Fsbo Fsbo Open House 12 Things Every Fsbo Needs The Secret Negotiations Pet Issues
NYC Coop Sales Price Now Public Information It's an old axiom that, despite increasing numbers of condos, coops still account for around 80% of NYC's apartment inventory.
Yet, until recently, the sales figures were shrowded in mystery. No more. A recently passed law allows access to these figures through use of the City's ACRIS system. While the link may not be up for long, you can find a pdf guide to how the system works at NYC.gov/html/dof/html/jump/acris.shtm. Noah's Ark 2006 In the year 2006, the Lord came unto Noah, who was now living in the United States, and said, "Once again, the earth has become wicked and over-populated, and I see the end of all flesh before me.
Build another Ark and save 2 of every living thing along with a Few good humans."
He gave Noah the blueprints, saying, "You have 6 months to build the Ark before I will start the unending rain for 40 days and 40 nights."
Six months later, the Lord looked down and... Commercial Rent Prices Up - Square Footage Down? A recent article in Business Week suggests that the open space model of the dot com era may, actually be a paradigm to enable businesses to reduce one of their largest expenses, namely, commercial office rent.
Yet, the position of the author is hardly universally shared, eliciting a number of rejections and criticisms in the posted comments following the article.
From my own experience, there is no doubt that, technologically, more and more things can be done in more and more places.... Bubble Metrics I came across a very interesting website, that of the Center for Economic Policy Research, an organization that's done alot of looking into the housing bubble issue and that has alot of articles that you'll find interesting and informative.
What's really noteworthy, though, is a unique bubble calculator that seeks to measure whether you'd be better off renting or buying by plugging in the price, mortgage terms, location and projected hold time into the fields, which then takes into... Expected Report of Year Over Year 2nd Qtr Condo Price Declines Today's NY Sun reports that an expected industry report on condo prices will show softening on a year over year basis for the second quarter.
As the article recites, industry analysts opine on whether they foresee a repeat of the coop collapse of the late 1980's when oversupply combined with softening demand and tax reform to cause a sharp drop in prices.
Some, according to the article, feel the City's overall healthy economy will prevent this recurrence in the case of... Worried about Interest Rates? Tell that to the Rent Guidelines Board In an unusually raucus session of the Rent Guidelines Board's annual spectacle on guidlines increases for rent stabilized apartments in NYC, the Board members could hardly hear themselves over incessant drum beats from Tenant activists, yet still managed to outrage them, while disappointing landlords in the process.
Read about the meeting and the increases at <a... Problems When the 1031 Tail Wags the Dog Here's an interesting article about what happens when investors, in their zeal to meet the stringent time requirements of a 1031 exchange, invest in properties in areas they're unfamiliar with and do so without their usual degree of due diligence.
<a href="http://www.realestatejournal.com/buysell/markettrends/20060615-hagerty.html?refresh=on" >http://www.realestatejournal.com/buysell/markettrends/20060615-hagerty.html?refresh=on</a> Everybody into the Pool! When it comes to Terrorism Insurance, the government's days as a reinsurer of last resort are numbered, ending in 2007 following one extension of a temporary act intended to restore confidence among the Nation's insurers and reinsurers following the huge losses suffered as a result of the 9/11 attacks.
A lobbying group called the Real Estate Roundtable, <a href="http://www.rer.org/," >http://www.rer.org/,</a> recently proposed modeling a future system after that... Taxes and Commercial Real Estate Activity in NY Today's NY Sun has an interesting article sure to reinvigorate the timeless intellectual arm wrestling about whether booms and busts in real estate are primarily driven by tax policy or the business cycle.
This article focuses on the infamous "Cuomo Tax", formally known as the Real Property Gains Tax, enacted in the '80's by then Governor Mario Cuomo. In short, the tax that excluded townhouses and one and two family houses, surcharged capital gains on most other... Another View on the Bubble-No Bubble Coin Toss Glenn Roberts, Jr. of Inman News today quotes from findings of the Anderson Forecast, an economic report out of UCLA.
According to the report, housing is more likely to head for a crash rather than the gradually deflating balloon we've all be hearing about lately.
For more, check out the article ( subscription required) at <a href="http://www.inman.com/hstory.aspx?ID=53488" >http://www.inman.com/hstory.aspx?ID=53488</a>
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Below, you'll find extensive information on leading
pet issues articles and products to help you on your way
to success.
Selling Your Own Home - Pet Issues By Raynor James, Fri Dec 9th
If you are selling you own home, you need to consider the effectof pets. People who are working with a real estate broker aresure to get coached about the potential negative effect of pets.If you aren't working with a broker, this article discusses thepet issue. When You Show Your Home If you are selling you own home, you must realize a lovable petmight cause the following problems:
1. The potential buyer may be so nervous about dogs that shedoesn't picture herself living in the home, 2. The potential buyer doesn't like pets and thus doesn't seeher furniture in the home in her mind's eye, 3. She doesn't picture the route she'd drive to and from work,and doesn't imagine where she'd stop for errands or fun alongthe way home. In short, the presence of pets makes it difficult for thepotential buyer to see the house as their own. Is a potentialbuyer in that
frame of mind likely to buy that home? No. Defense Against Pet Damage If you have pets and you're selling your home as a FSBO, takeheed. Board your pet or pets while your property is on themarket. You can visit it, and take it for walks and to the park,but don't take it home. Have carpets shampooed. If they'rereally holding odors, you might even replace all or some of thecarpet. Get any damage the pet has done repaired. Store or getrid of furniture you do not want to repair. Reseed the lawn andrepair any damage to plantings. You'll find this is money andlabor well spent. Pets are an integral part of many people's lives and rightly so.While you may love your pet, keep in mind potential buyers maynot. About the author:Raynor James is with http://www.fsboamerica.org - providing FSBOhomes for sale by owner. Visit our "sell my home" page athttp://www.fsboamerica.org/seller.cfm to list and sell your homefor free for one month. Visithttp://www.fsboamerica.org/buyer.cfm to see homes for sale byowner.
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Real Estate Software Makes Real Estate Math Easy Wheatworks Software, LLC announces the release of Real Estate Calculator Suite 3.0.00, a Windows®-based collection of 16 real estate calculators which make real estate math easy.When real estate math Read more...
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Real Estate Property Management Software What is real estate management software? If you own three or more real estate properties, managing them takes a lot of time. To make it easier for yourself you can either hire a person to manage your Read more...
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Flipping Homes, House Flipping: What's It All About By Heather Discover the reality behind all the "House Flipping" Programs out there today and how you can make money flipping real estate. iv Read more...
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Make Real Estate Into Profitable Business Using Ccpro Are you one of those realtors who have burned their fingers by investing into this business? Are you planning to give up your current real estate business? Are you unhappy with your current earning Read more...
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