Sat.Jan 26, 2019 - Fri.Feb 01, 2019

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Here's What A Manhattan Commute With "Vertical Travel" Looks Like For Ken Griffin

Miller Samuel

As coined in a Bloomberg article about hedge funder Ken Griffin's $238 million condo purchase in Manhattan, a " vertical travel " is something many New Yorkers do every day - I've just never heard it described that way (following bold is my emphasis). Citadel has signed a lease to anchor a skyscraper at 425 Park Avenue, eight-tenths of a mile from Griffin’s new apartment, not including vertical travel.

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Market Overview: Montgomery County, PA

Padove Appraisal Service

We’ve all seen recent news articles about the slumping residential real estate market. These articles mostly reflect national trends. Real estate is very local, so let’s take a look closer to home. I have chosen to focus on Montgomery County, PA, an area I work heavily in. The first thing I will examine is the volume of current listings. This will help show us where the market is at.

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Is Buying a Historic Home Right for You?

Zillow

Some home buyers want new, modern and move-in ready. Others prefer older homes, with character and charm they can't find in new construction. If you’re interested in historic homes, take these factors into consideration as you shop. Historic neighborhoods often impose restrictions. Many towns throughout the U.S. have zoning and planning commissions that, among other things, set out to preserve and protect historic homes and neighborhoods.

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Appraisers Outraged! End The Appraiser Payment Issue!

The People's Appraisal Blog

” I am owed $20,000.00″ “I am owed $2000.00” “I am owed $500.00” “I am owed $1500.00” These are just some of the quotes pulled from various groups, message boards and forums from appraisers all over the country that are owed money for the appraisal services they provided. Services they provided for a Lender, Mortgage Company or Bank through an Appraisal Management Company or AMC as they are known.

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Baltimore Trends and the Outlook for 2019

Robinson Appraisal Group

Buyers and sellers are in for another nail biting year of making predictions regarding the Baltimore metropolitan market. There seems to be a slightly harder road ahead than last year due to the future of the Federal Fund Rate. Interest rates are projected to rise from its current 5% to 5.5% by the end of 2019. The rate hike will be based on data from the overall economy growth.

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Market Conditions Early 2019

K.W. Appraisals

Following two consecutive months of increases, existing-home sales declined in the month of December, according to the NAR (National Association of Realtors). None of the four major U.S. regions saw a gain in sales activity last month. Lawrence Yun , NAR’s chief economist, says current housing numbers are partly a result of higher interest rates during much of 2018.