Cleveland Real Estate News

Yesterday the U.S. District Court dismissed Baltimore’s case against banks they said created blight by violating The Fair Housing Act (our case was dismissed months ago). I found a post from American Banker  on line, written by Jeff Horwitz  . It’s a good summary of the various municipal cases brought or being brought against some [...]

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I was browsing my home page (Washington Post) which led me to Politico which led me to this eye opener. Apparently the proposal Bernanke et al came up with for the Bailout would allow them to ‘save’ or contribute to foreign banks. See the article on Politico here with quotes from Henry Paulson on a [...]

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There seems to be bipartisan support for some type of Congressional bill that would help keep other at risk home owners from foreclosing. Now Legislators are trying to figure out how to make it all work on a National scale. There are markets in places like California where the average sale price is mucho higher [...]

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Neighborhood Progress, Inc. received a grant to take care of 50 vacant/foreclosed homes in the Cleveland area. You can read Michael O’Malley’s PD blog post here.  Yes it’s a good thing we are getting money to take care of these properties. I just have this nagging feeling that spending money to then rebuild more homes may not [...]

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