At the new community of Seapine Estates, in Egg Harbor Township, NJ, the Pennsylvania builder went bankrupt last summer and ceasing work, leaving open foundations and unfinished homes. This has left the community wide open to invite outsiders in to dump trash, spray graffiti and race cars up and down the empty streets.
As America’s housing [...]
Archive for April, 2008
Faltering House Market is Leaving Homeowners Stranded
Home Building Projects Decline
A government report on Wednesday, April 16, 2008 stated that home building projects that were started in March of 2008 fell by 11.9 percent to a lower-than-expected annual rate while building permit activity, was off 5.8 percent.
The Commerce Department said that the housing starts set an annual pace of 947,000 units in March of 2008, [...]
Housing Crisis a Global Epidemic
The collapse of the housing market in the United States is spreading into a global problem, with real estate prices dropping from the Irish countryside and the Spanish coast to Baltic seaports and even parts of northern India.
This global slowdown, which has increased in the recent months, is wobbling the economic growth worldwide, it is [...]
Bank Repossessions Still Rising
A research report showed Tuesday, March 15, 2008 that although the bank repossessions went sky high last month it has yet to reach a stopping point as many troubled homeowners have given up and left their homes.
The amount of adjustable-rate loans changing to higher rates will peak in May and June of 2008. Which will [...]
The Assoicated Press Poll Results
A poll showed on Monday, April 14, 2008 that a growing majority of home buyers say that they won’t buy a home anytime soon this is the latest sign of increasing pessimism in regards to the nation’s housing crisis.
The Associated Press-AOL Money & Finance poll discovered that more than a quarter of the homeowners [...]
Kiss Me, Kate in Pasco County
Kiss Me, Kate will continue through Sunday, April 13, 2008 at the Show Palace Dinner Theatre, 16128 U.S. 19, Hudson, Fl. Shows start at 8 p.m. today and Saturday and 3 p.m. Sunday. Doors will open two hours before each show for a buffet and cash bar. Tickets are 44$ for a Dinner and show [...]
Senate Passes Bill to Help in the Housing Crisis
On Thursday, April 10, 2008, the senate passed a bipartisan package of tax breaks and other steps geared towards helping businesses and homeowners survive the housing crisis.
The measure passed by an impressive 84-12 vote, but even its supporters acknowledge that it’s too much in favor of businesses, such as home builders and does very little [...]
Tampa Comic Book and Toy Convention In Tampa, Fl
The Tampa Comic Book and Toy Convention will be taking place on Sunday, April 13, 2008 from 10 a.m. to 4 p.m. at the Doubletree Hotel, 4500 W Cypress St., Tampa, Fl. David Lloyd of V for Vendetta and Allen Bellman of Captain America will be special guests. Ticket prices are $5 kids [...]
Tampa Bay Blues Festival in St. Petersburg, Fl.
It’s time again for the Tampa Bay Blues Fest. The annual festival runs Friday, April 12, 2008 through Sunday, April 14, 2008 with a bevy of blues artists, including Los Lonely Boys (Saturday) and Robben Ford (Sunday). It opens Friday with the Robert Cray Band and James Hunter. Festival will take place at Vinoy [...]
Cotee River Clean Up In Pasco County
Volunteers of all ages are needed for the Cotee River Clean-Up. Clean-up runs from 8:30 to 11:30 a.m. Saturday, April 12, 2008. Meet at the Sims Park Boat Ramp to get trash bags and gloves. A free lunch will be served at 11:30 a.m. in the Sims Park picnic shelter. All ages are welcome. [...]
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