13 replies to this topic

[MosJan]

THE REAL ESTATE MARKET IN NUMBERS

*

6695 real estate bargains were implemented in the country in January 2006. Their quantity has increased about 9,9% compared with the data of January 2005. Out of the 2801 real estate bargains made in January 88,0% formed the buyings and sellings, 10,9% - donations and 1,1% exchanges. The 36,8% of the bargains took place in Yerevan. The quantity of the bargains of the blocks of flats in the capital has reduced by 1,4% campared with the data of the January 2005, and by 35,8% compared with the data of December 2005.

The monthly increase of the average market price of the blocks of flats in marzes, with the exception of Yerevan, reached 3,9 % per one square in January 2006.

According to the Press Service of the Real Estate Managing State Agency judging by the survey of the price indexes they can conclude that the monthly increase of the average market price of the private houses in Yerevan was 2,9% per one square in January 2006.

On the whole, about 1038,61 acre lands were aliened in the republic (including102,01 acre in Yerevan) in January 2006, the 876,44 acre of which had an agricaltural importance. By the way, selling and buying bargains were implemented on 1017,91 acre lands (including 101,76 acre in Yerevan) , the 857,57 acre of which was of agricultural importance.

[MosJan]

has any of you been paying attention to cost of housing ???

it's dawn - and it's going dawn

http://www.homesbytia.com/buy.htm

a year a go $300k would get you nothing, now you can get a nice 2b 1bb for $300 to $325

banks are discounting foreclosed real estate %25 to %30
more and more i see short pays up to %35

[Aratta-Kingdom]

If one has cash, now is the time to think about long term investment. The housing market has changed and more changes are expected after the presidential election.

[MosJan]

ahhhha teh cash it's sooo hard holding on to it

[Aratta-Kingdom]

i could say the same. that's why it's always good to invest. i was told the i-pod share has tripled.
use the money to make money if you wanna have at least some part of it for the future

[MosJan]

Arata jan - illll stay the hellllll away form share's my self

but you know what i do for living so for me each transaction is a gamble / Investment

[Ashot]

Arata jan - illll stay the hellllll away form share's my self

but you know what i do for living so for me each transaction is a gamble / Investment

Mos jan, I would not call yours a gamble, it's more of a win/win situatuion, I have seen many in the same field and yet you are too good to be in a competition, in a way you know what you are doing and what you invest in!!!

[Aratta-Kingdom]

Mos jan, I would not call yours a gamble, it's more of a win/win situatuion, I have seen many in the same field and yet you are too good to be in a competition, in a way you know what you are doing and what you invest in!!!

Amen to that

It truly takes a lot to do what you do MosJan.

[MosJan]

WASHINGTON - A mortgage rescue to help hundreds of thousands of struggling homeowners avoid foreclosure and get more affordable, safer loans passed the Senate overwhelmingly Friday, but it faces a bumpy road amid continuing turmoil in the housing market.
ADVERTISEMENT

The 63-5 vote reflected a keen interest by Democrats and Republicans to send election-year help to distressed homeowners with economic issues topping voters' concerns.

The plan lets homeowners buckling under mortgage payments they can't afford keep their homes and get more affordable mortgages backed by the Federal Housing Administration. Banks that agreed to take substantial losses on those distressed loans could avoid costly foreclosures and be assured of recovering at least some money.

The new program would let the FHA insure as much as $300 billion in new mortgages, helping an estimated 400,000 homeowners.

It still faces challenges, however, with the House planning to rewrite key details and the White House threatening a veto without major changes.

"It's not the final stop, but it is a major stop in getting this bill done," said Sen. Christopher Dodd, D-Conn., chairman of the Banking Committee. "For those who said this Congress cannot come together in a bipartisan fashion to do something responsible about housing, this bill does that."

Rep. Barney Frank, D-Mass., the Financial Services Committee chairman and an architect of the bill, says the few but significant revisions House leaders are seeking could be made in as little as one week.

Dodd said he was expecting minor "tweaks" that could be dealt with quickly.

But key players are bracing for intense negotiations to resolve the differences. They hope to smooth over disputes with the White House at the same time, with an eye toward producing a bill President Bush could sign later this month.

The measure includes a long-sought modernization of the FHA and would create a new regulator and tighter controls on Fannie Mae and Freddie Mac, the government-sponsored mortgage giants. It also would provide $14.5 billion in housing tax breaks, including a credit of up to $8,000 for first-time home buyers.

Democrats are divided over important elements of the plan, including limits on loans the FHA may insure and Fannie Mae and Freddie Mac may buy. The Senate measure sets them at $625,000, while House leaders — including Speaker Nancy Pelosi, D-Calif. — want the cap as high as $730,000.

House leaders also oppose the immediate effective date of the Senate plan, preferring to phase in the new regulations for Fannie Mae and Freddie Mac over six months.

"We'd have a hard time agreeing to that," Dodd told reporters Friday. He called a Capitol Hill news conference to dispel fears about the financial health of Fannie Mae and Freddie Mac as their stocks plummeted on reports that the government was considering taking over one or both of them.

Another key point of dispute is $3.9 billion in the Senate measure for buying and rehabilitating foreclosed properties. The House's band of conservative "Blue Dog" Democrats opposes the money, arguing that it would swell the deficit unless paired with cuts or tax increases to cover the cost.

But many Democrats, particularly members of the Congressional Black Caucus, are fighting to keep the funding, which they say will help prevent the communities hardest hit by the housing crisis from sliding into blight.

The White House singled out the money in its veto threat, calling it a bailout for lenders who helped cause the mortgage meltdown.

"There are people who tell me to ignore" the threat, Frank said in a statement Friday. "But there is too much that is important in this bill, and it has already been too long delayed by procedural problems in the Senate, for us to risk the further delay involved in a veto."

He said he was working to find a way to shift the funds to a must-pass spending bill that would be approved before lawmakers scatter for the year in September.

Dana Perino, Bush's spokeswoman, said the money should be stripped out of the measure "so that they can get a housing bill to the president that he could sign right away."

As the administration scrambled to tamp down on investor fears about Fannie Mae and Freddie Mac, Perino called the new regulations in the measure for the two mortgage giants its "most important feature."

Lawmakers and the Bush administration agree on the central concept behind the housing package: allowing the government to backstop new mortgages for struggling homeowners.

To make it more palatable to Republicans, the Senate measure would take responsibility for any losses away from taxpayers and instead cover them by diverting an affordable housing fund drawn from Fannie Mae and Freddie Mac profits.

[MosJan]

ha joghovurd inch kaseq ?? hima tun arnel arji ? te mi qich el spasem

[MosJan]

Sh@norhakal Maral jan
tesnenq hajord 5 orva mej inch k@patahi

[ED]

Gites inch eyi mtacum esor Movses?
ay et hamburger@ vor 1$ a, yete exav 2 anarxya a ellnelu es yerkri mej........inchqan mexik u sev ka vra en talu
lurj jamanakneren u shat vtangavor, mi rumb enkav irani vra barell@ yuxi klini 300$
inch vor ban inch vor mi tex sxal e es yerkrum, u joxovrtinel darcrelen struk arorya kyanqi, mi himari u dra davananqi patjarov

yes bushi................

akajneris u achkeris chem havatum te inch a katarvum es orein.

OK lava gnumem 1 shapat hangsti entaniqis het

[ED]

who knows what will happen in the future....IndyMac was taken over by the government today...it's not looking good for Freddy Mac and Fannie Mae either...if those go (don't think the government would let them go under though) good luck getting money at a reasonable interest rate for anything....it's a #$%@ to close escrow now....real estate is on sale now though if you can afford it,or have some extra $$ lying around or perfect credit,go for it....

Maral jan, future has already happened

[Maral]

Ed,have a good time on your trip.