Audio Archive
" Investors continue to be bearish on investing in commercial real -- New York according to a report released by -- realty services the volume of sales for the nine months ending September 30. Was down 92% from the -- first three. Of 2000 so. -- only a mere 3.2 billion sales close as compared to forty billion from three quarters in 2007. The number properties sold the 75%. Lower than a peak of the market. Only 209 buildings were so for the first nine months as compared to 829. And 2007. And 2009. 92% of the says were priced at less than 25 million dollars and the ever since I was fifteen point three million with the average sale price of fifteen point three million purchases now have the opportunity to secure financing. New York -- eight summit held on October 21 investors and lenders. -- if financing is available at rates for multifamily buildings as low as five and a half percent this is Michael -- Michael soro's that reports."
Audio|Mon, 2 Nov 2009|More from The Stoler Real Estate Report
|reverse mortgagesfound at0:23
“…qualify and must have substantial equity in their homes the current maximum reverse mortgages 625000. I can be paid to a homeowner as a lump sum in monthly payments or malign a credit. Lenders are repaid when the homeowner moves or by their -- the owner dies the volume -- and you were reverse mortgages -- toppled. 100000 units with more than seventeen billion dollars an outstanding loans baritone Leo of the national consumer -- says the city in reverse mortgage market seniors face some of the same aggressive lending practices …”
Audio|Mon, 2 Nov 2009|More from The Stoler Real Estate Report
|interest ratesfound at0:37
“…Are having severe difficulties in securing the necessary and lower financing with interest rates continuing to be near record lows individuals are seizing the opportunity of homeownership. Our failure to close in the record financing for …”
Audio|Wed, 28 Oct 2009|More from The Stoler Real Estate Report
|hell's kitchenfound at0:51
“…sixth and seventh avenue Hampton hotels. -- 48 is now open in hell's kitchen. . Eleventh avenue and 48 street. This is -- so for the Michael solar real estate report. …”
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