Rich have higher home default rates The well-off are losing their master suites and saying goodbye to their wine cellars. The housing slump that began among the working class in remote subdivisions and progressed to the suburban middle class is striking the upper class in privileged enclaves like this one in Silicon Valley. Whether it …
Category Archives: Real Estate
Delayed foreclosure adds to couple’s pain
Delayed foreclosure adds to couple’s pain Loraine and Kerry Swope likely would have lost their south Charlotte home to foreclosure last year had they not been trying to resolve issues with their lender and get a loan modification. They rejected an offer last summer from GMAC that would have reduced their monthly mortgage payment by …
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National homebuilders in Denver area plan for economic rebound by buying house lots
National homebuilders in Denver area plan for economic rebound by buying house lots Despite softening sales in the new-home market, national homebuilding companies in the Denver area are continuing to buy lots, significantly driving up prices from where they were a year ago. It’s part of their push to have communities to build in when …
Updated: Downtown Sarasota condo tower evacuated
Updated: Downtown Sarasota condo tower evacuated City officials went door to door in Dolphin Towers this morning, checking to make sure residents had evacuated the building deemed unsafe Wednesday. Just before the 11 a.m. evacuation deadline, the last residents carried what possessions they could out of the 15-story building. Some shed tears, but most are …
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Florida condos get new tool for collecting fees [South Florida]
Florida condos get new tool for collecting fees [South Florida] A new law offers a stark choice for South Florida condo renters living in units owned by people who are behind on their maintenance fees: Fork over the rent money to the association, or face eviction. The “Distressed Condominium Relief Act,” signed by Gov. Charlie …
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How to get sparkling rugs for an open house
So, thinking about selling your home? Most likely you’re going to be having an open house with your furniture still around. Does this scare you? It would scare me! Mainly because stains on the rug around furniture are hard to clean and can often seem like a daunting task. Wanna know how to clean your …
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