Nicholas A Judge-14905's Articles in Finance - Articleated.com

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Nicholas A Judge-14905's Articles in Finance

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Battles Loom Over Rent-Controlled NYC Apartments With the sale last year of a large number of the city's public housing units, the battle over New York City's subsidized housing was brought into stark relief. Manhattan Apartment Prices Hit Record Highs The first quarter numbers are in for the Manhattan real estate market, and old records have yet again been broken. While the numbers seem surprisingly positive, the overall picture is more complex. Online Scammers Take Advantage of Desperate Renters Money and need do funny things to the human mind. What is far too good to be true from an objective perspective can start looking pretty darn realistic after you've spent months awkwardly crashing on friends' couches while you look for a place to live. There were pioneers who traveled west and struck gold during the California gold rush faster than some people can get an apartment in this city. Worries Mount Over the Second Half of 2008 While the New York City real estate market has sustained itself incredibly well over the past several years, the second half of 2008 is facing a significant possibility of a notable slowdown in market activity. Renting and Buying a Home in Dallas The Dallas real estate market was hit hard by over-speculation and the savings and loan scandals of the 1980s real estate boom. After almost two decades, the low property values and relatively little building combined with the strong Dallas economy to attract significant investment in the area, both by the growing population and investors. The Future of the Housing Market The subprime mortgage crisis has extended itself throughout the economy. According the Congress' Joint Economic Committee, some 3.7 million homes will probably foreclose as a result of the crisis. As of August, according to their figures, 1.7 million of those homes have already foreclosed, and another 2 million are expected during the next two years. Some of the largest names in the financial industry are now subject to multiple lawsuits and are writing off tens of billions of dollars as lost Advice for First Time Home Buyers Like any lengthy, important process, purchasing a home for the first time is easiest if each step is treated with the utmost care and prudence. Even for those with large sums of money invested in various markets, a purchase of a home is often the single most important financial decision that one makes. With the right help, advice, and methodology, purchasing a home for the first time can be one of life's most rewarding experiences.

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