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Archive for July, 2007

American Home Mortgage Facing Liquidation

American Home mortgage Investment Corp. is facing liquidation as they are unable to find additional funding. After being cut off from credit, American Home had it’s share stop trading yesterday.
Another tough hit for the mortgage industry as American Home mortgage specialized in Alt-A loans. …

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Top 10 Most Expensive States For Mortgage Closing Costs For 2007

 When buying a home, mortgage closing costs are an important part of the equation in figuring out what needs to be brought to the table. One thing that the housing slowdown has done is brought overall closing costs in the United States down almost 300 dollars from 2006. The average closing costs f…

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Ohio Teachers Pension Fund Focusing on Real Estate

The investment by major pension funds in domestic and international real estate is increasing. CALPERs made a big announcement earlier this month, now the State Teachers Retirement of Ohio is looking invest an additional 100 million in real estate plus purchasing 500 million more afte…

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Apartments.com and Yahoo Real Estate Join Forces

Apartments.com and Yahoo Real estate signed an agreement to have Apartments.com as their featured apartment listing provider for the online service. The agreement brings over 3 million apartments into Yahoo Real estate’s portfolio.
One thing I do like about Apartments.com approach is they do …

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Dubai Real Estate Institute To Develop Programs With USC

One thing about real estate in Dubai is they do not do things halfway. When they build their buildings the results are world class. Now to increase the level of real estate education, the Dubai Real estate Institute has joined forces with the noted School of Planning and Development at the Universit…

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Insider Tips For Choosing A Risk-Free First Time Homebuyer Mortgage Loan

First clip place purchasers nowadays don’t have got got to believe about the beginning of money for their places this is because place mortgage loans have made the life of a batch of first clip place purchasers very easy. However, as a first clip homebuyer, before choosing a mortgage loan, it is …

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Are Pandering Politicians Hurting Future Homeowners?

A writer for the Los Angeles Times, Paul Thornton, editorializes about the added cost that the government is putting into his homebuying quest. I will let Paul make his point below, but the pandering of Presidential politicians to the public during election periods always has a cost. Typically it is…

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