We are living in historical times involving the real estate industry and our economy!  I remember the meltdown of the 80's in the USA.  For some it was a time of despair.  Homes were going into foreclosure in record numbers.  Interest rates skyrocketed at times above 20%!  Slums were being formed from foreclosed homes that sometimes stayed vacant for more than a year.  The government had such a large inventory of home that had to be packaged to dispose of them.  Sounds familiar?  With the exception of high interest we are repeating the 80's.  We are actually going back to the 80's in such a way of financing homes through gov't loans.  It is such a shame to have to readjust in a backwards way after so much progression.  The direction of the economy is spiralling backwards (IMO).  This is... 03/01/2008

Carole Cohen, Realtor® ePRO | Howard Hanna Smythe Cramer Company | 216-235-3719 1460 W. 29th Street, Cleveland, OH Your own roof top view of Lake Erie in the Heart of Ohio City Studio Bdrm Single Family House offered at $345,000 Year Built 1924 Sq Footage 2,930 Bedrooms Studio Bathrooms 2 full, 0 partial Floors 2 Parking 4 Lot Size 0.29 acres HOA/Maint $0 per month DESCRIPTION Are you a train affectionado? Have you fantasized about buying a non-traditional building and converting it to your dream house? This architectural beauty, currently used as a live/work space comes with it's own 15 ton crane, 22 ft ceilings, 480 amps of electricty and more. The John V. Oblak Power Transfer Station was 'born' when trolley cars went from horsepower of the hay eating kind to electricity. A lush, sp... 05/27/2007