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Real Estate News - cleveland.com
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| Northeast Ohio community & neighborhood news and home information |
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Mortgage applications fall 1.5 percent as rates inch up
Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades.
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Government launches plan to help 'underwater' borrowers
Starting Tuesday, the Federal Housing Administration will permit lenders to give these borrowers refinanced loans backed by the government. The lenders will be required to forgive at least 10 percent of the original mortgage amount. Investors who have control over the mortgages as part of their large portfolios will select which borrowers are invited to participate.
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Forest City closes $85 million loan on New York entertainment, retail property
The mortgage carries a significantly lower interest rate than Forest City's previous loan on the 42nd Street property, a 312,000-square-foot complex that includes AMC Theatres and Madame Tussaud's Wax Museum.
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University Circle study shows opportunities for residential development
A market study of the University Circle area shows that hospitals, institutions and nonprofit groups are fueling more than $3 billion in construction and creating thousands of new jobs. That presents opportunities for private developers who want to build apartments to house medical residents, graduate students, specialists and researchers who are in Cleveland for only a few years.
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Pending home sales rise 5.2% in July
The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.
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Home  Business with a Purpose
A DTW Blog: Business and Technology with a Purpose
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Saturday, 20 September 2008 15:38 |
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I was recently given the opportunity to address youth pastors, parents and other concerned folks about the sometimes confusing digital world in which our teenage and college-age students are living. This was a fun undertaking, and enabled me to pass along some information from Jeremy Del Rio, a well respected leader in urban youth leadership based in New York City. I tossed in a few solid examples from my 10 years of IT work experience. Always interested in feedback - please use "Contact Us" link to send me your thoughts. Links: |
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