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: General
Real estate market flooded with sellers
Real estate market flooded with sellers Conventional wisdom has held for months that the meteoric rise of the real estate market couldn’t continue in Southwest Florida. Year-end sales data shows that in some south Lee County and Collier County ZIP codes, median single-family home prices doubled or nearly doubled from 2003 to 2005. In Bonita …
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 …
Cape targets builder for delays in building homes
Cape targets builder for delays in building homes The city of Cape Coral is cracking down on a major homebuilder for delays in starting dozens of homes, but the builder says its problems are largely the fault of a bank that stopped financing 380 of them. Last week, city officials stopped issuing permits for Cape-based …
Continue reading “Cape targets builder for delays in building homes”
Neighbor island home prices continue climbing
Neighbor island home prices continue climbing While the pace of home sales went down substantially last month in many neighbor island markets, for the most part prices continued to rise as the formerly tumultuous housing market stabilizes. The start of the New Year saw a continued lag in Kauai’s housing market. The pace of house …
Continue reading “Neighbor island home prices continue climbing”
Tiny Piece Of Paradise
Tiny Piece Of Paradise For sale: 1960s-era motel room with that Florida feel. Great investment potential. Faded drapes and framed pelican prints stay. First came the merging of condominiums and hotels. Then the conversion of apartments into condominiums. Now the trend is broadening into what may be a uniquely Florida evolution – the condo-motel.