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New York Realtors News

Fitch Rates New York City's $813.2MM GOs 'AA'; Outlook Stable
18 May 2012 at 8:30pm
Fitch Ratings has assigned a rating of 'AA' to New York City's general obligation bonds as follows:
New York State Housing Market Posts Strongest Start Since 2008
23 Apr 2012 at 2:00pm
ALBANY, NY-- - The New York State housing market posted its strongest start in five years with first quarter sales reaching the highest level since the first quarter of 2008, according to preliminary single-family ...
Fed Governor: Housing Recovery Needs a Lot of Help
16 May 2012 at 5:16pm
NEW YORK (MainStreet) -- A Federal Reserve Governor says the U.S. housing market is mending, but would do a lot better if much-needed reforms were enacted, chief among them loosening lending standards by banks and mortgage lenders. Until that happens, expect a weak housing recovery. Elizabeth Duke, a Federal Reserve Board Governor, spoke to a group of realtors at the National Association of ...
Buzz about Romney's fundraising, plus more to watch for Thursday in politics
17 May 2012 at 11:17am
There's likely to be some buzz Thursday about Mitt Romney's April fundraising.Romney and the Republican National Committee raised $40.1 million, which came close to matching the $43.6 million President Obama and the Democratic National Committee raised last month, according to The New York Times. It was the first month Romney joined fundraising efforts with the RNC.Romney, meanwhile, will spend ...
Mortgage Market Still Hampers Housing Recovery
14 May 2012 at 5:14pm
By Diana Olick, CNBC Real Estate Reporter NEW YORK (CNBC) -- The Realtors say it, the home builders say it, and now the chairman of the Federal Reserve is saying it: "Some creditworthy borrowers are still having trouble getting a mortgage." Loose mortgage underwriting is largely blamed for the housing crash, and as a result the credit markets have swung in the opposite direction, some say too ...
Facebook falls flat in public debut
18 May 2012 at 9:02pm
NEW YORK (AP) ? After all the hype, Facebook's first day as a public company ended where it began. Its stock closed at $38.23, up 23 cents, after pricing Thursday night at $38 per share.
Facebook stock jumps in public debut
18 May 2012 at 4:02pm
NEW YORK (AP) ? Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market. NEW YORK (AP) ? Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market.
NoPa Is The New Mission, Says New York Publication
11 May 2012 at 5:18pm
Hey, everybody, the New York Times has discovered San Francisco again! And this time it isn't about the Mission. Well, almost . The gray old lady sets its book-sniffing sights on NoPa ? known to locals and decent human beings as "Divis," "the Panhandle," "Western Addition," or even "you know, near Alamo Square." But never, ever "NoPa." The travel piece even has the unmitigated gall to throw ...
Facebook stock up slightly in public debut
18 May 2012 at 5:47pm
NEW YORK (AP) ? Facebook's stock is trading up 8 percent Friday, as investors seek to put a dollar value on the company that turned online social networking into a global cultural phenomenon.
Foreclosed Americans find way back to homeownership
16 May 2012 at 1:59pm
NEW YORK (Reuters) - When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners. But less than two years later, in March, they purchased a $297,000 house outside Phoenix, Arizona, after qualifying for a loan backed by the U.S. government. They joined a small but growing number of ...
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