Real EstateN.J. Home Foreclosures Expected To Rise 20 Percent This Year
Posted: Feb 19th, 2011 9:21 PM
New Jersey courts expect foreclosures to shoot back up this year even as the economy begins to look up.
Kevin Wolf with the administrative office of the courts said during the sub prime mortgage meltdown, foreclosure filings nearly tripled to 65,000 in 2009.
“Everyone is predicting that there will be a 20 percent jump ... Read More
Real EstateWhite House to go solar!
Posted: Oct 5th, 2010 9:41 AM
WASHINGTON (AP) - Solar power is coming to President Barack Obama's house.
The most famous residence in America, which has already boosted its green credentials by planting a garden, plans to install solar panels atop the White House's living quarters. The solar panels are to be installed by spring 2011, and will heat water ... Read More
Page 1 of 11
Real EstateObama Administration: Fannie, Freddie Model 'Dead'
Posted: Feb 11th, 2011 9:18 AM
The Obama administration on Friday declared the public-private housing finance model in place for the past four decades was dead but pledged to continue backing exisiting obligations of Fannie Mae and Freddie Mac.
"The GSE model is dead," an Obama administration official told reporters as the Treasury Department released a ... Read More
Real EstateRussian Chess Chief Bids $10M For Ground Zero Mosque Site
Posted: Sep 16th, 2010 1:18 PM
The eccentric Russian head of the World Chess Federation (FIDE) on Thursday announced a $10 million bid to buy the site of a controversial mosque project near Ground Zero in New York.
Kirsan Ilyumzhinov said he sent a letter on FIDE’s behalf to New York City Mayor Michael Bloomberg “with an offer to buy this land for $10 ... Read More
ADVERTISEMENTS
