The historic Palace Theater gets a $2B restoration plan The iconic Palace Theater in Times Square, New York, is getting ready for a huge restoration plan! The Wall Street Journal reports that in an effort to preserve the landmark, The New York City Preservation Commission recently just approved a $2 billion plan of integrating a 704-room hotel just right above it.
Mortgage Banker's Association's National Delinquency Survey showed a seasonally adjusted rate decrease of 4.99 percent in overall outstanding loans for one-to-four-unit residential properties at the end of 2015's third quarter; the lowest since the first quarter of 2007. The delinquency rate plummeted 31 basis points from the previous quarter, and 86 basis points from a year ago, World Property Journal reports.
A low percentage of homeowners opting to pay a downpayment is evident in the latest Freddie Mac Online Survey. And only 39% of the online takers think that a down payment is a vital part of their savings.
The interest in the real estate business is evidently flourishing online and there is a dramatic possibility of increase in the near future with the potential data brought by buyers and sellers.
Is it significant to pay off mortgages up until retirement? Mortgage is something that that one could not easily escape from, not unless you'd allow your home to be taken away.
Investing in real estate has become quite popular in the recent years, especially as government bonds are becoming close to record lows. In fact, the largest sovereign fund in the world, Norway's oil fund, had already announced that they ay invest more than four billion dollards in worldwide property, which shall break the record of last year.
The sales of new-homes in the United States have recovered after a sudden drop in September. The sales of new-homes in the United States have recovered after the sudden drop in September.
The former home of Alexander Hamilton, Jr. at 4 Saint Mark’s Place near Third Avenue, will be listed on the market this week for $12 million. This building, known as the Hamilton-Holly House, was bought by Hamilton Jr. in 1833 from its developer, Thomas E. Davis.