Archive for January, 2008

Trump Tower : Now Open!

The highly anticipated opening of the Trump Tower hotel happened yesterday. The 92story Trump International Hotel &Tower was scheduled to open it’s doors to the public last month. The media really overplayed the delay, bashing Mr. Trump and the pompous project.
I think it’s great that the man kept us guessing, whether […]

Chicago’s real estate to endure more tax hikes to save the CTA

Today, the city’s finance committee is meeting at City Hall to hold a press conference discussing a proposed increase on the city’s real estate transfer tax. A proposed 40% increase will take effect after February 6th, if the votes are favorable. In real numbers, the transfer tax will increase from $4.50 […]

Scandalous: Using sex to sell real estate properties

Absolutely amazing what people can do with a computer and a little "imagination". Reading some of my favorite blogs, I came across an interesting article on how a real estate agent in Orlando created a video full half-naked female models and posts it on youtube with the following question: can sex sell real estate? […]

Mortage applications up 28%

I find it very interesting that the mortgage applications are up again, second consecutive week. Applications rose as interest rates continued to fall.
The average interest rate for traditional, 30-year fixed-rate mortgages fell to 5.62 percent from 5.73 percent. The average interest rate for 15-year fixed-rate mortgages — which are typically used to refinance loans […]

Happy New Year

I just wanted to wish everyone a Happy New Year and an even better 2008. There are many topics that I will be covering for the next few weeks so stay tuned.
Like always, if you any suggestions or interesting topics, feel free to email me.
 Thank you