Investor Insight – Page 21 – Abbotsinchcapital

Paulson: House Prices Will Rise 3-5% This Year

Written by Alan Findlay on May 10, 2010. Posted in News.

Hedge-fund manager John Paulson, who made $15b shorting the real estate market, said today that he expects housing prices to rise between 3 and 5 percent this year and another 8 to 12 percent in 2011. Read more: CNBC

Erie County Deals in April

Written by Alan Findlay on May 10, 2010. Posted in Members Only.

The Score blog has put together a database with 1,368 deals that were registered in Erie County last month. Read more: Business First of Buffalo: 1,368 real estate deals in Erie County

Mortgage Rates Lowest Since March

Written by Alan Findlay on May 7, 2010. Posted in Mortgages, News.

U.S. mortgage rates for 30-year fixed loans dropped to 5 percent in the week ended today from 5.06 percent last week. The average 15-year rate was 4.36 percent. Read more from The Buffalo News Business Today

Positive Reports Supporting Hopes For Recovery

Written by Alan Findlay on May 7, 2010. Posted in News.

It was an unbelievably busy March for U. S. factories and a surge in home buying are the latest signs that the economic recovery is picking up. Orders to U. S. factories rose 1.3 percent in March, the Commerce Department said Tuesday. That was much better than the 0.1 percent decline analysts had expected. Excluding the volatile transportation sector, orders gained 3.1 percent, the biggest increase...

Aging Industrial Complex To Be Redeveloped

Written by Alan Findlay on May 5, 2010. Posted in Buffalo, Development, News.

An old industrial complex Batavia, where the business incubator concept was born, will be redeveloped as part of a city agreement with the Masse Gateway Restore New York project and Joseph L. Mancuso & Sons. Read more

3 Apartment Buildings Sold

Written by Alan Findlay on May 5, 2010. Posted in Buffalo, News.

About 65 apartment units changed hands in a pair of sales last week in Depew and the Town of Tonawanda. Crawford Kenton LLC, an entity owned by David D. Crawford and his wife, paid $434,692 to buy three apartment buildings at 260 Delaware Road, 25 Winchester Place and 286 Highland Parkway from DHW Management LLC. The sellers were two local individuals whose names could not be confirmed. Read more