Plagued by debt Costlier home loans — and more foreclosures — spread to Ohio’s small towns and suburbs In Ohio, the loans are more common across the state’s farmlands and Appalachian hills, a Dispatch analysis of new federal data shows. Subprime loans are designed for people who can’t qualify for traditional mortgages because of poor …
Category Archives: Breaking News
2 more condo projects unveiled
2 more condo projects unveiled The Orlando area’s condo boom got another boost Thursday with the announcement of two more multimillion-dollar deals. One is another apartment being converted to a condominium in the MetroWest area of southwest Orlando. The Colonial Grand at MetroWest has become The Azur at MetroWest, with 311 condo units offered for …
New Medicaid Rules on Home Ownership
New Medicaid Rules on Home Ownership – New York Times The Deficit Reduction Act of 2005, signed by President Bush last Wednesday, makes significant changes in the rules regarding home ownership and its effect on eligibility for Medicaid, which is often used to pay for nursing-home care. Ronald Fatoullah, a lawyer in Great Neck, on …
Red-hot Keys housing market feeling a chill
Red-hot Keys housing market feeling a chill Some Keys residents who figured a year ago they were real estate millionaires are now scrambling to unload properties damaged by Wilma’s flooding. This time last year, real estate agents along this island chain couldn’t keep most properties in stock, as eager buyers snapped up trailer lots, pushed …
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As Baby Boomers hit 60, the retirement home undergoes big changes
As Baby Boomers hit 60, the retirement home undergoes big changes As Baby Boomers start hitting 60, the retirement home isn’t what it used to be. Neither is the family home. Two show houses built for the International Builders’ Show, which drew about 100,000 people in the home-building industry here recently, illustrate the changing shape …
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For some investors, real estate may have lost its rosy glow
For some investors, real estate may have lost its rosy glow Will investors continue to purchase residential real estate at a record pace, or will they return to the stock market, where analysts believe moderate gains are on the horizon? If there is a wild card in the nation’s housing this year, it’s the investor …
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