Cleveland leads a slew of Midwestern towns on our annual list, but thanks to high taxes New York and Chicago make it too. The city of Cleveland has had a colorful history. The Cuyahoga River, which runs through the city, famously caught fire in 1969 thanks to rampant pollution, and it wasn’t the first time. […]
Category Archives: Housing Markets
Great Real Estate Deals That Won’t Last
Purchasing a home is one of the biggest decisions that a person makes. Because of the serious financial commitment involved, most buyers are interested in securing the best deal possible when purchasing a home. As the economy continues to wreak havoc on our jobs and plans for retirement, many people are wondering when will be […]
Places to Retire On Social Security Alone
Avenida Mader and Plaza de Armas, Morelia, Michoacan, Mexico. One of the most compelling reasons to consider retiring to another country is the opportunity to reduce your cost of living, maybe dramatically. As one American I know who retired to Boquete, Panama put it recently, “Back in Tucson, Arizona, where I’m from, my monthly Social […]
Wanna Buy Nicolas Cage’s Money Pit?
Apparently not. At an auction held Wednesday in Los Angeles, no one was willing to throw down the minimum bid of $10.4 million. Debt-ridden movie star Nicolas Cage lost his Bel Air mansion to foreclosure on Wednesday. The courthouse auction was a flop, as no one was willing to make the minimum $10.4 million bid. […]
What is a Mortgage?
A mortgage is a loan secured by a property/house and paid in installments over a set period of time. The mortgage secures your promise that the money borrowed will be repaid.For most of us, a mortgage is the largest and most serious financial obligation we ever make. There are many different types of mortgages, each […]
Cash For Keys
Jon Daurio, chief executive officer of mortgage investor Kondaur Capital Corp., recently offered a $4,000 check to Barry Culver for the deed to his Bryan, Ohio house. With the exchange, and a pay-off to a second-lien holder, Culver was freed of $120,000 in crushing mortgage debt on the house, said Daurio, who had bought the […]
Best Affordable Beach Resorts
From the plastic palm tree–lined beaches of the Jersey Shore to the powdery white sands of Belize, beach vacations never go out of style. “Beach destinations remain incredibly popular with travelers right now,†says Travel + Leisure A-List travel agent Kimberly Wilson Wetty; they’re “great for the time-starved couple who needs a mini-escape and perfect […]
Rank: 6
Metro: Pittsburgh Share of homes with increasing values: 48.80% Median value: $108,700 Annual change: -2.89% Quarterly change: 0.12% Pittsburgh, once a thriving steel town, now has a more diversified economy that includes biomedical, health, and education. Major employers include the University of Pittsburgh and Alcoa.