Home » Archives by category » Real Estate (Page 47)

National women’s sportswear retailer Title Nine will move into the longtime vacant downtown retail space next to Terra Verde this spring. The storefront, at 210 N. Tejon St., has sat empty for more than three years. The space, along with Terra Verde’s, was once home to the Chinook Book Shop, but when Chinook went out… Continue Reading Title Nine to fill longtime empty space next to Terra Verde

Continue reading …

The El Paso County Veteran and Military Affairs Office has moved from the Department of Human Services at 105 N. Spruce St. to the first floor of the Robert L. Russel Building at 105 E. Vermijo Ave. The office assists residents who served in the Army, Air Force, Coast Guard, Navy and Marine Corps. It… Continue Reading Veteran and Military Affairs Office at new location

Continue reading …

Construction work a little safer last year

Comments Off

Construction workers across the nation worked more but were injured less often last year. The non-fatal injuries and illnesses case rate decreased from 6.3 cases per 100 workers during 2005 to 5.9 percent last year, according to the Bureau of Labor Statistics annual Survey of Occupational Injuries and Illnesses. Construction injuries and illnesses totaled 412,900… Continue Reading Construction work a little safer last year

Continue reading …

Home values stabilizing?

Comments Off

There’s some good news on the horizon for residential real estate, but industry analysts don’t go so far as to say that appreciation values have stabilized completely. While home prices fell in 17 states during the last year, most states continue to have stable home values, according to a November sales report from First American… Continue Reading Home values stabilizing?

Continue reading …

The level of outstanding commercial and multifamily mortgage debt grew by 3.4 percent during the second quarter of this year, according to the Mortgage Bankers Association’s Federal Reserve Board Flow of Funds data. The 3.4 percent increase brings the total debt to about $3.1 trillion, an increase of $103.8 billion from the first quarter. Multifamily… Continue Reading Commercial investments grow 3.4 % in third quarter

Continue reading …

The age requirement to qualify for a reverse mortgage keeps getting younger. Melville, N.Y.-based Lender Lead Solutions has introduced Simple60, a new reverse mortgage product available to homeowners aged 60 and older. Reverse mortgages offered to date have required that borrowers be at least 62 years old. And couples applying for a reverse mortgage must… Continue Reading 60 is the new 62 for reverse mortgage standards

Continue reading …

Mortgage applications show slight rise

Comments Off

Mortgage application volume increased 5.5 percent last week, according to the Mortgage Bankers Association’s weekly application survey. The MBA’s mortgage application index rose to 707.3, from 670.6 the previous week. The survey provides a snapshot of mortgage lending activity among mortgage bankers, commercial banks and thrifts. It covers about 50 percent of all residential retail… Continue Reading Mortgage applications show slight rise

Continue reading …

Commercial development outlook positive

Comments Off

Strong industrial markets, rent gains and a growing interest in medical office buildings brought an upbeat perspective to the nation’s top commercial developers, despite concerns that the economy and property market fundamentals are losing steam. That’s according to the National Association of Industrial and Office Properties Vital Signs members’ survey. Doug Herzbrun, managing director of… Continue Reading Commercial development outlook positive

Continue reading …

News from the mortgage front

Comments Off

Refinance transactions down Third quarter refinance transactions totaled around $69 billion, according to Freddie Mac’s quarterly refinance survey. Refinance activity fell from approximately $97 billion during the second quarter. Home equity loans and other cashout transactions of $60 billion were down nearly 25 percent from the prior period. Letter designed to help subprime victims Mortgagechronicle.com… Continue Reading News from the mortgage front

Continue reading …

Good news, for a change, for building industry

Comments Off

Amid the daily reports about a continually sagging residential housing industry, commercial constructors say they have something to celebrate. The Associated General Contractors of America says Bureau of Labor Statistics numbers show that during the past 12 months, employment in the three nonresidential categories – nonresidential building, specialty trades, plus heavy and civil engineering –… Continue Reading Good news, for a change, for building industry

Continue reading …