Since the start of the economic recession in December 2007, the unemployment rate has risen 1.7 percentage points to touch 6.7%. According to the latest forecasts, the job-slashing trend is expected to continue through 2010 with employers slashing another 475,000 jobs to take the unemployment rate to a 15-year high…
Real Estate
Aurora Over the Hudson New Jersey condos continue to be available to discriminating buyers who are interested in French Designer Philippe Starck’s vision of elegant luxury along the Gold Coast. Whether you’re an empty nester looking for relaxation and community or a single family seeking space and functionality, these residences—many…
Although the number of foreclosures of Miami homes fell 21% in November 2008, the market remains soft and buying opportunities for those who can afford to purchase real estate are plenty. The Miami housing market has been in a state of oversupply for more than 32 months. This means that…
Credit standards that consumers must meet to get a mortgage are expected to stiffen over the next few months as mortgage lenders act to shore up the reputation of the American home mortgage in national and international capital markets.For the past several years, securities backed by mortgages have sold well…
Real estate funds don’t invest in bomb shelters but, just the same, they do offer some degree of protection against stock market shocks. Both before and after Sept. 11, bricks and mortar plays have been holding up better than diversified equity funds.The average real estate fund has returned 12.4 per…
To sell real estate a person must hold a current Certificate of Approval. To get the certificate they must complete the salesperson’s course or a recognised degree in property sales.The salesperson’s course is part one of the four-part National Certificate in Real Estate. The salesperson’s course covers the structure of…
It took Oscar Belaiche a year to sell close to $ 500 million in real estate in his old job. In his new one, he could move that much in a week.He was the real estate executive in charge of selling the massive Prudential Insurance Co. of America portfolio of…