by William Dover on July 26, 2007
The overall housing market in the United States is believed to be cooling. But just like political situations, housing conditions are based on actual local experiences. Although the nation is suffering from the impact of record-high foreclosures rate, Rhode Islands is still enjoying a relatively hot housing market. And with a large inventory of foreclosure listings to pique buyer’s interest, the state will more likely manage to avoid a worsening market condition.
by Paul McCain on July 20, 2007
In search of a better quality of life, we are uprooting again and moving on. There’s BigTom and me, and 2 preschoolers and I haven’t told him yet but maybe another on the way. Tom says he won’t throw money away on rent any more now than we have enough in savings that may cover [...]
by Paul McCain on July 11, 2007
During the housing boom, you may have been enticed by lenders to take out a mortgage loan that comes with an adjustable rate option. Your excitement over owning a new home may have made you forget to ask your lender what this option would bring in the long term. When the interest rates started resetting, [...]
by Paul McCain on July 3, 2007
It’s midsummer in Ohio, a name which in the local language meant “beautiful river”. The June festivals have all come to a close. The Ohio Housing Finance Agency has never been busier or more preoccupied with what has now become a priority; keeping Ohio residents in their homes as a solution to the severe pressure of the rising of foreclosures that this state has experienced over the last ten years, filings numbers increasing sharply in 2006. Urban counties in particular now figure as the major suppliers to properties listed in the Ohio foreclosure listings. Delaware county has recorded filings increase of 50% in the last 3 years; Franklin, Pickaway and Cuyahoga counties have increasing problems, its a statewide issue.
