Housing remains in high demand in most of the nation, but the housing recovery looks increasingly uneven, depending on location. Whether buyers are shopping for their own homes or for investment properties that will throw off some cash, certain markets are becoming far more lucrative than anyone might have expected just a few years ago.
In December, the condo board at One57 , the ultra-luxury skyscraper on Billionaires' Row, slapped the owner of a $ 50.9 million unit with a $ 64,331 bill for unpaid building fees. Six months later, the owner, Nigerian oil magnate Kola Aluko, was under investigation for alleged money laundering. Foreclosure News
Debt-laden President Trump: His new Washington Hotel owes millions in unpaid debts and he may owe billions to Russians. . Insiders acutely aware of President Donald Trump's complicated financial arrangements say he is billions of dollars in debt, much of it to Russia, and lives on the edge of financial ruin. Foreclosure News
There has been opposition to some of the proposals. Many town supervisors in Erie County are asking county lawmakers to wait to make any changes until they can get their questions answered. Foreclosure News
Zacks Investment Research currently has $ 16.00 target price on the stock. According to Zacks, “Great Ajax Corp. is a real estate investment trust which acquires, invests and manages a portfolio of mortgage loans secured by single- family residences and single-family properties. Foreclosure News
Post-foreclosure stress disorder, mortgage availability, the growing burden of student loan debt, single-family housing affordability and single-family housing supply shortages are the five key barriers to homeownership. Despite robust job growth and low interest rates, U.S. homeownership rates remain at a 50-year low due to issues with affordability, crushing student loan debt, harsh credit conditions…
The number of foreclosures in the city continued to climb this year, with Staten Island and Brooklyn seeing the largest upticks in scheduled auctions. In the first quarter of 2018, 920 homes were slated for foreclosure for the first time – a 31 percent year-over-year increase, according to a new report by PropertyShark. Foreclosure News
