Aventura is an upscale condo community with some of South Florida ’s best-known condominiums. Aventura is a vibrant city that is perfect for a wide variety of people. Single young professionals own condos in Aventura. Other condominiums are perfect for families, while still others are internationally known for their luxury and glamour.
There is plenty of [...]

This Old House magazine recently released its list of the dozen “Best Places to Buy an Old House.”
Our top criteria for choosing a winner included architectural diversity, the craftsmanship of the homes, and the preservation momentum in the area. But we were also interested in neighborhood amenities: walkability, services, and community. What we found is [...]

New York Gov. David Paterson says the state is dedicating $137 million to improving and expanding affordable housing statewide.
The money will help the New York Division of Housing and Community Renewal build and preserve about 6,400 units.
The awards approved Monday include grants, loans and tax credits.
Some are capital projects, which primarily involve new construction and [...]

Shares of Freddie Mac fell to a 13-year low Monday amid continuing uncertainty about how much the housing market’s troubles will slam the mortgage finance company.
McLean, Va.-based Freddie Mac, along with its government sponsored sibling, Fannie Mae, have posted deep losses due to the ongoing housing crisis.
Fears that those losses could be worse were reinforced [...]

Rates on 30-year mortgages edged lower this week but remained above 6% as signs of economic stability overshadowed continued weakness in the housing market.
Mortgage giant Freddie Mac (FRE, Fortune 500) reported Thursday that 30-year fixed-rate mortgages averaged 6.05% this week, down slightly from 6.06% last week.
“Despite a weak housing market, mortgage rates remained almost unchanged [...]

Reading the papers, it’s quite clear that the enormity of the problems facing Americans (and the world, for that matter) has emerged to the fore. Consequently, I decided a quick recap of our troubles might be useful.
There is a budding realization that the housing bubble’s collapse will be more difficult than the masses and Wall [...]

In the latest evidence of severe and ongoing weakness in the nation’s housing market, the Commerce Department reported that sales of newly built, single-family homes fell 2.5 percent in May to a seasonally adjusted annual rate of 512,000 units, largely offsetting a gain they recorded in the previous month.
“The fact that new-home sales are occurring [...]