Real estate brokerage Realogy sought to skirt defaults on some of its bonds by launching a debt exchange but Carl Icahn’s venture-capital firm, High River, threw a wrench in its plans by slapping Realogy with a lawsuit and accusing it of delaying the inevitable. High River, which owns some of Realogy’s senior bonds, alleges the [...]
Archive for December, 2008
Icahn Cries Foul On Realogy’s Debt Deal
Posted in Uncategorized, tagged Apollo Management, Carl Icahn, Cendant, Century 21 Debt, Coldwell Banker Debt, ERA Debt, High River, Real Estate News, Realogy Debt, Realogy Finances on December 8, 2008 | Leave a Comment »
4.5% Interest Rates Coming?
Posted in Positive Economic News, Real Estate News, tagged Housing Stimulus Plan, interest rate buydown program, NAR, National Association of REALTORS, RE/MAX, RE/MAX Allegiance on December 4, 2008 | Leave a Comment »
Have you contacted your representatives in Congress yet? Urge them to support NAR’s Stimulus Plan by clicking here. An effort by the NATIONAL ASSOCIATION OF REALTORS to spur home sales through a mortgage-interest rate buydown appears to be gaining traction. Reports in major news media like the Washington Post and Wall Street Journal today quote [...]
RE/MAX: Support NAR Stimulus Plan
Posted in Politics, tagged Dave Liniger, NAR Stimulus, National Association of REALTORS, RE/MAX, RE/MAX Allegiance, Real Estate Stimulus on December 2, 2008 | Leave a Comment »
Dave Liniger, co-founder of RE/MAX International, recently requested, via his blog on RE/MAX Mainstreet, ideas on how to stimulate the market. My reply to his question, which was published on his blog, follows: Part of the issue here is everyone seems to think they have the best idea to get us out of this problem. [...]
