Real Estate, Residential, US Real Estate

Can’t Afford to Buy - Can’t Afford to Rent

By Mike Wheatley | May 16, 2011
According to a report released at the end of last month, a new record high number of renters are spending over 50% of their income on keeping a roof over their heads, says the Harvard Joint Center for Housing Studies. And it’s not just the working class who are feeling the pinch, for many of those struggling are considered middle class.
Real Estate, Residential, US Real Estate

Can Homes Be Made To Withstand A Tornado?

By Mike Wheatley | May 12, 2011
Just last month, hundreds of people died and thousands of properties across the south were destroyed by the ferocious tornadoes that wrecked havoc in the area. Amid this kind of destruction the question arises; "Can we build a tornado proof hosue?"
Real Estate, Residential, US Real Estate

Things Looking Up in Florida?

By Mike Wheatley | May 12, 2011
While most realtors would tell you that the US property market is recovering very slowly, Pat Neal, a Manatee County developer, sees things quite differently. Since he first went into the construction business more than 42 years ago, he has lived through almost a dozen boom and bust cycles, and he says that the current one, which has lasted for 6 years now, is by far the longest he has endured.
Real Estate, Residential, US Real Estate

Zillow: 28 Percent of U.S. Homeowners Are Now Underwater

By Tavis J. Hampton | May 9, 2011
The percentage of homeowners with negative equity has increased to 28, according to Zillow, a website listing and property-value estimate website.  Those homeowners, said to be “underwater”, accounted for 22 percent last year, but home values have fallen 8.2 percent over the past 12 months. Zillow says home prices dropped 3 percent in the first […]
Residential, US Real Estate

No Money For A Down Payment? No Need To Worry

By Mike Wheatley | April 17, 2011
Jeff Smolinski and Magan Landsiedel are the proud new owners of a beautiful $133,000 Largo, Florida home – despite only forking out a down payment of $100.
Real Estate, Residential, US Real Estate

Home Loan Modifications – Genuine Assistance or Just a Big Scam?

By Mike Wheatley | April 14, 2011
Following a year-long investigation into a total of 80 loan modification firms, serious problems within this industry have been reported by the National Fair housing Alliance and other groups that took part in the operation.
Residential, US Real Estate

NY Homes Cost Five Times More

By Mike Wheatley | April 2, 2011
Just why do so many people love New York City? What with the miserable weather for 9 months every year, the grid-locked streets, packed restaurants and dirty subway stations, things couldn’t get any better, could they?

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