By Unknown Author
The actress, a star of Broadway’s “School of Rock,” on her new Upper West Side apartment.
Published: November 28, 2015 at 09:00PM
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By Unknown Author
The actress, a star of Broadway’s “School of Rock,” on her new Upper West Side apartment.
Published: November 28, 2015 at 09:00PM
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By LISA PREVOST
A little-known program allows police officers, teachers, firefighters and emergency medical technicians to buy certain homes for half price. But financing comes with some strings attached.
Published: November 28, 2015 at 09:00PM
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By JOANNE KAUFMAN
The actress Sierra Boggess, a star of “School of Rock,” lives on the Upper West Side.
Published: November 28, 2015 at 09:00PM
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By RENE CHUN
A new breed of online furniture manufacturers offers high-end quality and customization – and often a quick turnaround time – at low-end prices.
Published: November 24, 2015 at 09:00PM
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By RENE CHUN
A new breed of online furniture manufacturers offers high-end quality and customization – and often a quick turnaround time – at low-end prices.
Published: November 24, 2015 at 09:00PM
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By DAVID ROBERTS
David Roberts and his wife, Elaine Kuok, couldn’t decide where to live in New York. So they decided to move to a different neighborhood every month for a year.
Published: November 28, 2015 at 09:00PM
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For release:
November 25, 2015
California REALTORS® disappointed FHFA did not increase Fannie Mae and Freddie Mac conforming loan limits
LOS ANGELES (Nov. 25) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to keep the 2016 maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac at $417,000 on one-unit properties and a cap of $625,500 in high-cost areas. Loan limits were increased in Monterey, Napa, San Diego, and Sonoma counties:
"C.A.R. is disappointed that the FHFA didn’t raise the Fannie Mae and Freddie Mac conforming loan limits for next year," said C.A.R. President Ziggy Zicarelli. "Home prices in California have risen sharply over the past four years, yet conforming loan limits haven’t changed during that time. Not increasing the loan limits will hurt California’s housing market, further exacerbating housing affordability and preventing tens of thousands of California homebuyers from a chance at homeownership."
C.A.R. and the NATIONAL ASSOCIATION OF REALTORS® (NAR) both have long advocated for making higher conforming loan limits permanent. As a result of C.A.R.’s and NAR’s efforts, cities with high median home prices have benefited from a loan limit above the national conforming loan limit.
The conforming loan limit determines the maximum size of a mortgage that government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac can buy or "guarantee." Non-conforming or "jumbo loans" typically have tighter underwriting standards and carry higher mortgage interest rates than conforming loans, increasing monthly payments and hampering the ability of families in California to purchase homes by making them less affordable.
Leading the way…® in California real estate for more than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with more than 175,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.
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By JOYCE COHEN
Emily Beals in Murray Hill
Published: November 28, 2015 at 09:00PM
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By Unknown Author
Dating to the turn of the 20th century, the apartment, which was renovated in 2007, is on the market for $1.93 million.
Published: November 24, 2015 at 09:00PM
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By PETER SIGAL
The city is known worldwide as a leader in fashion and design, yet there are few foreign buyers. Hundreds of glamorous new high-rise apartments may change this.
Published: November 24, 2015 at 09:00PM
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