Lakewood Real Estate News
Tuesday Mar 24 | via Cleveland.com
Colette Gibbons, the court-appointed receiver for the Severance property, said the Severance property, which went into foreclosure in late December, will likely be auctioned off this summer. In the meantime, she and CBRE want to spruce up the retail center as best as they can. Comment?
Tuesday Mar 24 | via Cleveland.com
While work to broaden the city's commercial tax base from its current level of 10.3 percent continues, Shaker's housing stock remains the bedrock of the community. "For cities like Shaker Heights, where 89.7 percent of the property tax base is residential, maintaining strong property values is an imperative, not a choice," Neighborhood Revitalization Director Kamla Lewis said. Comment?
Monday Mar 9 | via Cleveland.com
Two of downtown's busiest developers showed up Monday to vie for the empty Cleveland Athletic Club Building at a public foreclosure auction. But, after hours of waiting and a short spate of bidding, a lender proffered the winning amount - $3.3 million. Comment?
Monday Mar 2 | via The Madison Press
More than 14,600 blighted properties around Ohio have been demolished in the past two years under a program aimed at benefiting areas affected by foreclosures, according to the state's attorney general. Ohio used $75 million from a national settlement with major mortgage servicers to create a grant program in 2012 to revitalize neighborhoods and eliminate abandoned structures. Comment?
Monday Mar 2 | via WVIZ-TV Cleveland
Leaders in economic development, arts and culture, health and more have offered their advice to new Cuyahoga County Executive Armond Budish. He brought them together to help set priorities and strategies, as ideastream's Joanna Richards reports. Comment?
Wednesday Mar 18 | via Toledo Blade
Last year in Lucas County, nearly 1 in 3 home buyers made down payments of 3 percent or less, according to a new study of home buying in 386 counties nationwide by real estate data firm RealtyTrac. Considering that Lucas County's median home price was $76,075 at the end of December, a down payment of 3 percent equated just $2,282. Comment?
Tuesday Mar 10 | via Credit.com
Foreclosure activity in the U.S. declined 9.39% from February 2014 to February 2015, with one in every 1,295 housing units in some stage of foreclosure last month. That's the lowest the national foreclosure rate has been since July 2006, according to RealtyTrac's monthly report on the foreclosure market. Comment?
Tuesday Mar 17 | via Daily Herald
The Indiana Bureau of Motor Vehicles could soon issue photo-less state identification cards under a proposal that an Indiana Senate committee passed Tuesday. The Homeland Security and Transportation Committee voted 8-0 to approve the measure, which would allow a religious exemption to Indiana's photo requirement on state IDs. Comment?
Friday Mar 13 | via WTOV9
A new report that suggests draining a central Ohio lake to prevent a potentially catastrophic dam failure has area homeowners worried about plunging property values. A U.S. Army Corps of Engineers report released Wednesday says the 180-year-old dam at Buckeye Lake, about 30 miles east of Columbus, should be replaced immediately. Comment?
Monday Mar 9 | via The Madison Press
The foreclosure crisis left a trail of abandoned and deteriorating properties across towns and communities in our state. In 2012, Ohio was among the 49 states that reached a settlement with five of the country's largest mortgage servicers as a result of the foreclosure abuses, fraud, and intolerable mortgage servicing practices that caused the crisis. Comment?
7 min ago | via North Shore News
Iceland by Nicolas Billon at Presentation House Theatre until March 29. 8 p.m. evenings, 2 p.m. matinA es. Box Office: 604-990-3474. Comment?
18 min ago | via Business Journal
Those in the market for buying a home have some good news. U.S.mortgage rates took a dip this week, according to Freddie Mac . Comment?
29 min ago | via Falmouth Packet
At A 189,454 on average in March, UK property values are 5.1% higher than a year ago. The annual pace of house price growth has been slowing for seven months in a row, and has reached less than half the rate of growth seen for much of last summer, when the year-on-year increase was in double digits. Comment?
30 min ago | via Seeking Alpha
Though the market remains distressed, there continue to be some rays of positivity. Playing off of the pop in new home sales, there looks to be a turnaround in the volume of mortgage applications on a weekly basis. Comment?
37 min ago | via Inman Real Estate News
"Big Brother" is no longer just a television show on CBS where we, the viewers, are playing the peeping Tom; nor is it an outdated trope from a George Orwell novel. No, Big Brother has crept into the real estate industry, and we are the objects of affection or is that the objects of suspicion? Do we deserve to be under scrutiny? When we violate trust - yes. Comment?
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