bio: peter comitini »

market knowledge
Manhattan market report »
townhouse report »

follow peter comitini

peter's newsletter
sign-up here »

the topics
blogs & sites
design
downtown
economy
for sale or rent
green city
headroom
market reports
professional
property geek
questions & answers
tips for buyers
tips for sellers
videos
newsreal bookmarks
peter's photos


real estate services
home page
selling your property
buying a home
browse listings
recent press
contact peter


recommended
design & ideas
green design
neighborhoods
nyc resources
real estate
real estate: overseas

the archives
April 2014
November 2013
April 2013
February 2013
January 2013
June 2012
April 2012
March 2012
February 2012
January 2012
December 2011
July 2011
February 2011
January 2011
December 2010
October 2010
July 2010
June 2010
May 2010
February 2010
January 2010
December 2009
October 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
all archives

Monday, February 5, 2007

I am putting 10% down on my new apartment. Is that going to cost me more money?

mortgage with keysask_id.gifIt certainly may. There is a particularly important down payment threshold with respect to financing. With a penny less than 20% down, you are in different territory. For many years, less than 20% down meant that the borrower had to pay PMI (private mortgage insurance), in addition to the principal and interest payment on the loan. This PMI is insurance for the lender, but is paid by the borrower and can be hundreds of additional dollars per month. It depends on the loan amount, down payment, and specific loan program. Note that as of January 2007, PMI is tax deductible, subject to some qualifying requirements, as is a portion of your mortgage payment.

continued+

Sunday, February 4, 2007

Agents' angst

headroomLast week, the New York Times ran a Real Estate section cover story called Agents of Angst which became one of the most talked about articles this week amongst agents. Author Vivian S. Toy's piece opens with a huge pull-quote about a national Harris poll from July 2006, which actually ranked the relative perception of the "prestige" of 23 professions. Real Estate Agents ranked at the bottom. The quote goes on to editorializes by saying "no wonder they are trying to clean up their image", and the piece stretches the point to imply that this translates in to a crisis of the industry's ethics and behaviour.

continued+

Monday, January 29, 2007

a day in the life: sleepwalking from home to ground zero

sleepwalk.jpg
see all of my photo's of Doug Aitken's 'sleepwalkers' on the comitini.com flickr photo blog

headroomThere are a few stories I've want to share this month that got away until now; and maybe that's good as it gives me a moment to step back to form a larger context in which to place them. They all took place on January 18th and involved things which I've blogged about recently.
It was more of a personal day for me, but there is a common thread running through these three stories of buildings as the focal point of larger personal and public dynamics. On that day; I sold the home I grew up in, saw Doug Aitken's 'sleepwalkers' at MoMA, and heard a radical vision for the redevelopment of ground-zero.

continued+

Saturday, January 27, 2007

Global housing prices rise rapidly

globe.jpgglobalFrom across the pond comes this interesting post on global real estate pricing trends from the Overseas Property Blog, a global property research site. It seems that Estonia was the place to buy a home last year with a 59.4% increase in housing prices (I wonder why the bubble bloggers don't see this as a real opportunity and start packing).

continued+

Jump to page:  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9  |  10  |  11  |  12  |  13  |  14  |  15  |  16  |  17  |  18  |  19  |  20  |  21  |  22  |  23  |  24  |  25  |  26  |  27  |  28  |  29  |  30  |  31  |  32  |  33  |  34  |  35  |  36  |  37  |  38  |  39  |  40  |  41  |  42  |  43  |  44  |  45  |  46  |  47  |  48  |  49  |  50  |  51  |  52  |  53  |  54  |  55  |  56  |  57