Slavic Village in Cleveland, is experiencing a rise in crime rates. The culprit? Foreclosures in the neighborhood that forced a lot of homeowners to move out. The Country Treasurer reports that at least 800 homes have been vacated. It has attracted squatters and looters.
The area developed in the middle of the [...]
Sometimes, we view ourselves as intelligent, invincible and invulnerable to risk that we tend to make stupid mistakes.
We are simply stuck in the moment. Sometimes, we experience illogical liveliness. In doing both expansions and contractions as a business owner, keep your perspective practical, try to see the bigger picture, and make decisions that are [...]
Property Values are continuing to decline in spite of the Economic Stimulus bill that cost the US government trillions of dollars. Mortgages are still defaulting, and jobs continue to be lost in the never ending cycle of economic turmoil with no end in sight, more problems are sure to come. People have been hoping for [...]
Asides from the bottoming existing home sale prices, industry experts are predicting that property values will go down further with a majority of the many industry analysts agreeing, more than 90% of them. This would be very bad news for property owners who are aiming to sell their properties but the conditions are anything but [...]
In today’s recession wrecked economy, property values have gone down, way down that eve estimates due to many influencing factors that may surface due to the economic crunch. There is no sure way to determine the value of a property and with daily fluctuations in the economy, prices go up and down several times during [...]
The fate of the ever increasing numbers of home renters are being tested due to the fact that many rental properties are going to the auction block or have fallen victim to foreclosures due to their owners being unable to make their mortgage payments. Renters who occupy property are normally retained by their new owners [...]
The real estate industry is going to have to come up with a lot of cash if it’s ever going to survive the current recession. Even famed developer Fannie Mae is admitting he still needs billions to break even and keep on his promise not to throw people out of their foreclosed homes, The scale [...]
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Many small business owners struggle with the dilemma of deciding whether to buy, rent, or lease office space. If you ask business consultants or real estate brokers, you will get conflicting answers. The key point to remember is this: Each small business brings its own unique situations and concerns to the table, which [...]
There’s a joke going around in the real estate world that next to terrorism, housing concern will be the leading issue in this year’s presidential election in the United States. But apparently there is some truth to this jest because we have heard not only once from our presidential aspirants about their thoughts on the [...]
In its desire to come up with ways to encourage proper use of energy, the State Assembly in California has proposed that an energy audit be conducted in all residential and business establishments. Furthermore, the legislators are pushing the idea of requiring all real estate property owners to have an energy audit just in time [...]