By: Carrie Bay Pressures continue to drive up commercial mortgage defaults. The economic downturn has choked off demand for retail and office space, with vacancy rates rising and prospects of new occupants limited by the duress of today’s job market. At the same time, commercial real estate (CRE) values have dropped more than 40 percent […]

By: Carrie Bay The number of unpaid mortgages in the United States declined again in April, but delinquency roll rates remain high, according to an industry report released Monday by Lender Processing Services, Inc. (LPS). The Florida-based analytics firm says that while signs of stabilization in the nation’s mortgage delinquency and foreclosure rates may be […]

Do you have a property that is not selling? Are you looking to buy a property and can’t find what you want? Are you looking for a rental and need help? Are you looking to rent a property? If so we at NyOnlineRealty.com can help. Call us today at  516-798-3000 and tell us how we […]

Magnificent custom built 4 bedroom colonial with all the extras in prestigious Nassau shores, this home features 3 full baths, large cherry wood eat in kitchen, 2 fireplaces, master suite, cathedral ceiling custom moldings, terra cotta and hardwood floors, finished 8 ft basement, huge front porch, park like property, 2 car driveway, walking distance to […]

By: Carrie Bay Barclays said Friday that it has agreed to sell HomEq Servicing, its U.S. mortgage servicing business, to Ocwen Loan Servicing, LLC. Ocwen will pay $1.3 billion “in cash on completion,” Barclays said. The transaction aligns the two companies with the highest modification conversion rates under the Home Affordable Modification Program (HAMP). The […]

Johnny O and Jenna want to come to your Memorial Day Party…   …..But Mark is staying behind!! …So what time should we get there?  Have a Great Memorial day from your friends at NyOnlineRealty.com! Have a happy day… let’s be in the solution together!  John E. O’Neill IV NyOnlineRealty.com Sales & Marketing Supervisor Real […]

The foreclosure crisis in California has taken a toll on not only homeowners, but a large number of tenants in the state. According to a new study from Tenants Together, California’s statewide organization for renters’ rights, at least 37 percent of residential units in foreclosure in the Golden State last year were rentals, directly affecting […]

As the real estate market continues to fight an uphill battle towards recovery, the dream of homeownership seems to be dying out for some consumers, at least for the time being. According to a new online survey of more than 2,000 U.S. adults conducted in May by Harris Interactive and commissioned by the Arlington, Virginia-based […]

Highly motivated commercial sales agent/broker privately owned company seeking to greatly expand it commercial division. “Commercial foreclosures will be at an all time high next year” and we will get many of these listings. If you are interested in a career not a job send us your resume. Must be a team player, hard working, […]

The nation’s thrift industry posted profits of $1.82 billion in the first quarter of 2010, the Office of Thrift Supervision (OTS) reported this week. According to the regulator, the Q1 data indicates that thrifts generally are stabilizing despite continued pressures stemming from delinquent loans and still-rising foreclosures. The positive first quarter earnings were up from […]

One of the industry’s most-closely watched barometers has quelled recent optimism that residential real estate had found its footing on solid ground. The S&P/Case-Shiller Home Price Index released Tuesday revealed a 3.2 percentdrop in property values during the January to March quarter of 2010, when compared to the level of home prices at the end […]

By: Brittany Dunn In just one quarter, homeowners have gone from being overly cynical about the state of their own home’s value to being overly confident. According to the Q1 Homeowner Confidence Survey conducted by Seattle-based Zillow, 50 percent of homeowners nationwide believe their own home’s value declined in the past year. But in reality, […]

A new survey conducted by Harris Interactive found that 36% of homebuyers expect to receive a 50% discount or more when purchasing an REO property. Harris conducted the survey of more than 2,500 homebuyers between May 10-12 for the online foreclosure marketplaces Trulia.com and RealtyTrac. While the survey showed homebuyers are beginning to expect more […]

HUD Secretary Shaun Donovan is asking Congress to release additional funds to help communities combat the ongoing effects of the housing crisis and home foreclosures. He says the Obama administration is committed to working with lawmakers to secure a third round of funding for HUD’s Neighborhood Stabilization Program (NSP). The federal agency has disbursed $6 […]

The time it’s taking for a property to move from the first stage of the foreclosure process to auction has shrunk in Massachusetts, according to a new study released Tuesday by the Warren Group. The Boston-based research firm found that it is taking an average of about 4.6 months from when a lender files a […]