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Tag: "housing"

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Banks and Republicans are blocking short-sales of homes

Banks and Republicans are blocking short-sales of homes

A middle-aged couple who bought a home in my neighborhood are in a terrible situation. They paid too much for their new house, which needed a lot of repairs, and they failed to aggressively work to sell their existing home. Therefore, they now have two houses.

They continue to live in their original home while their new house (two houses away from where I live) has been vacant for three years and it is falling apart. I’m not talking about chipped paint. There are huge holes in the roof that are causing the house to rot out.

Check out the garage roof too:

Image by Erich Vieth[/caption]

People who know a lot about rehabbing houses tell me that if this house and garage don’t get immediate attention, they will need to be completely torn down.

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Housing Crisis

Housing Crisis

Adam Zyglis, The Buffalo News
Re-printed with Permission

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Housing and Transportation costs will keep the cities relatively affordable

Should you live in the suburbs or in the city to keep your housing and transportation costs in check?  According to this interactive site developed by CNT and its collaborative partners, the Center for Transit Oriented Development, the answer is clear–live in the city.
The bright red color-codings you’ll find when you check the 2008 costs [...]

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Are our suburbs going to turn into slums?

Wouldn’t it be horrible if our American suburbs starting turning into slums?
It’s already happening, according to this article from The Atlantic:  “The Next Slum?”
For 60 years, Americans have pushed steadily into the suburbs, transforming the landscape and (until recently) leaving cities behind. But today the pendulum is swinging back toward urban living, and there are [...]