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: Real Estate
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 …
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 …
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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.
Save or pay off mortgage? It depends
Save or pay off mortgage? It depends Low mortgage rates over the past few years fueled a wave of refinancing. Some of us borrowed against our home’s equity or extended the payoff periods to lower our payments. If debt makes you anxious, you may be wondering: Should I pay off my mortgage — or not? …