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SIBOR Members Gear Up For Next Week’s Rally to Protect the American Dream

SIBOR Members Gear Up For Next Week’s Rally to Protect the American Dream

In addition to large turnout at Washington Monument, members can share their support for the Rally online beginning May 16th at realtorrally.org. STATEN ISLAND. N.Y.  — The Rally to Protect the American Dream is just a week away, and the Staten Island Board of Realtors (SIBOR) wishes to share its enthusiasm with our members. This ...

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Tucked away Staten Island East Shore neighborhood is eyed for historic preservation status

Tucked away Staten Island East Shore neighborhood is eyed for historic preservation status

STATEN ISLAND, N.Y. — STAPLETON — The architecturally diverse hideaway that includes one-block-long Harrison Street — and sections of Quinn, Brownell and Tompkins streets — may be on its way to designation as a Historic District by the city Landmarks Preservation Commission (LPC). The agency describes the tiny area, also known as “The Nook,” as “a rare ...

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Staten Island Board of Realtors (SIBOR): Short Sale vs Foreclosure – 10 Common Myths Busted

Staten Island Board of Realtors (SIBOR): Short Sale vs Foreclosure – 10 Common Myths Busted

It’s likely you’ve heard the term “short sale” thrown around quite a bit. But what, exactly, is a short sale? A short sale is when a bank agrees to accept less than the total amount owed on a mortgage to avoid having to foreclose on the property. This is not a new practice; banks have ...

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Staten Island Board of Realtors (SIBOR): Short Sales 101

Staten Island Board of Realtors (SIBOR): Short Sales 101

Are You a Buyer Looking to Purchase a Short Sale? By BRANDON BRITTINGHAM It seems that there is a significant amount of confusion when it comes to purchasing a short sale. There are many misconceptions when it comes to this type of transaction, so below I have provided some information to potential buyers of short sales. If ...

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1-Week-Old Staten Island Shop Greets 32,000 Potential Customers

1-Week-Old Staten Island Shop Greets 32,000 Potential Customers

Bay Street Bicycles specializes in world-class bikes for avid cyclists STATEN ISLAND, N.Y. —  The owners of a 1-week-old Staten Island shop greeted 32,000 potential customers on Sunday [May 6] . The business, Bay Street Bicycles, is strategically located along the final stretch of the 40-mile 2012 TD Five Boro Bike Tour. “We were in ...

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Alice Austen House Museum Seeks Votes For Grant Dollars; You Can Help

Alice Austen House Museum Seeks Votes For Grant Dollars; You Can Help

STATEN ISLAND, N.Y. – American Express and the National Trust for Historic Preservation are pleased to announce that Partners in Preservation is coming to New York City. The Alice Austen House Museum, in the Staten Island, N.Y, community of Rosebank, is in the running for grant money from the 2012 Partners in Preservation Initiative, a community-based ...

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Tight Lending Standards Hindering Commercial Real Estate Recovery

Tight Lending Standards Hindering Commercial Real Estate Recovery

‘When credit is tight, cash is king’ WASHINGTON (May 3, 2012) – Although commercial real estate markets showed signs of recovery in 2011, commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties, according to the National Association of Realtors® annual Commercial ...

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Staten Island Realtors To Stress Importance Of Home Ownership At Washington, DC Rally

Staten Island Realtors To Stress Importance Of Home Ownership At Washington, DC Rally

  STATEN ISLAND, N.Y. — On Thursday, May 17, Realtors® from across the country — including Staten Island — will be gathering on the steps of Capitol Hill to tell members of Congress that Home Ownership Matters – to people, to communities, and to America. NOW IS THE TIME Why now? Because despite the heated ...

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More Signs Point To Housing Recovery

More Signs Point To Housing Recovery

Yet Another Housing Bear Turns Bull by THE KCM CREW on MAY 1, 2012 Every day there seems to be more positive news about the real estate recovery. We attempt to give you two things in this blog: The actual data that indicates where the housing market is headed Quotes from analysts who have scrutinized this data ...

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Further Proof the Real Estate Market Is Coming Back

Further Proof the Real Estate Market Is Coming Back

Last week, the National Association of Realtors (NAR) released their Pending Sales Report which showed that contracted sales were 12.8% higher than the same month last year and higher than any time since sales were impacted by the Homebuyers’ Credit back in April of 2010. The index stood at 101.4 which represents a level that is“historically healthy” ...

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