Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Florida
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 06-14-2007, 08:14 AM
 
Location: Ocala area in Central FL
627 posts, read 2,848,944 times
Reputation: 338

Advertisements

Marion Building Department to cut 15 positions


"POSITIONS ELIMINATED
  • 11 inspectors
  • 1 investigator
  • 1 customer service representative
  • 2 plans examiners
Source: Marion CountyBuilding Department "

"In neighboring Lake County, the slowdown in residential construction led the Building Department to lay off 14 employees in April."
County cuts 14 positions to save money (broken link)

"HITTING HOME

Other local manifestations of the downturn:

Hanson Roof Tile will soon stop manufacturing and convert to a distribution center. The jobs of nearly 60 employees are at risk.

Pulte Homes, developer of Fore Ranch, has cut its local work force by 16 people - a 15.7 percent drop - bringing the total to 86."

Last edited by MyHomeIsInOcala; 06-14-2007 at 08:38 AM.. Reason: added Lake Co. Link

 
Old 06-14-2007, 08:54 AM
 
2,313 posts, read 3,189,721 times
Reputation: 471
These were probably positions that were added during the boom and now need to be cut. Rest assured they were probably somebody's brother-in-laws or something being over paid to start with anyway. If they were real positions they would just move them to another job. All this is things getting back to normal not normal going down hill.
 
Old 06-14-2007, 09:42 AM
 
Location: Ocala area in Central FL
627 posts, read 2,848,944 times
Reputation: 338
They had 17 more positions open, but then took them off the market in Lake County.

Sales and Building are SLOW here.
 
Old 06-14-2007, 02:28 PM
 
Location: Riverview
372 posts, read 859,839 times
Reputation: 80
Late Mortgage payments and loans going into foreclosure riseBy Harriet Johnson Brackey
South Florida Sun-Sentinel
Posted June 14 2007, 2:11 PM EDT

Around the nation, late home-mortgage payments and adjustable-rate loans going into foreclosure hit all-time highs in the first three months of this year...

Late Mortgage payments and loans going into foreclosure rise: South Florida Sun-Sentinel (http://www.sun-sentinel.com/business/local/sfl-0614mortgage,0,4519869.story?coll=sfla-business-front - broken link)

Last edited by Marka; 12-10-2007 at 06:19 AM.. Reason: copyright issues
 
Old 06-14-2007, 02:36 PM
 
Location: Riverview
372 posts, read 859,839 times
Reputation: 80
MORTGAGES: Rate On 30-year Fixed Mortgage Jumps To 6.74%
June 14, 2007: 04:00 PM EST


CHICAGO (Dow Jones) -- U.S. mortgage rates jumped this week as a sell-off in the Treasury market pushed benchmark interest rates up sharply. Moderator cut: copyright issues

MORTGAGES: Rate On 30-year Fixed Mortgage Jumps To 6.74% (broken link)

Last edited by Marka; 12-19-2007 at 01:44 AM..
 
Old 06-14-2007, 03:59 PM
 
193 posts, read 489,708 times
Reputation: 48
Quote:
Originally Posted by nychiefsfan View Post
MORTGAGES: Rate On 30-year Fixed Mortgage Jumps To 6.74%
June 14, 2007: 04:00 PM EST

Hmmm. My son just got a 6.4% mortgage in Bollingbrook, about 40 minutes South of Chicago. Zero down first time homebuyer good credit.

Last edited by Marka; 12-19-2007 at 01:44 AM.. Reason: edited quote
 
Old 06-14-2007, 06:44 PM
 
Location: Riverview
372 posts, read 859,839 times
Reputation: 80
U.S. homebuyers feeling stretched
Thursday 14th June, 2007

Potential U.S. home buyers have been shocked by the almost 10% increase in mortgage rates over the past five weeks.

The average interest rate on 30-year, fixed-rate mortgages soared to 6.74% last week; the biggest one-week rise in more than three years.

At this time last year, rates on 30-year mortgages averaged 6.63%.

The spike in rates will have a bad-news effect on the broader real estate market because payments will rise for people with adjustable-rate loans.

Higher rates will be a drag on already sagging home sales and prices, because higher rates make homes more expensive.

The jump in interest rates means someone who buys a home worth about $220,000, with a 30-year fixed-rate loan and a 10% down payment, will be paying $77 more a month than someone who bought the same home in May.

For every half-point increase in interest rates, as many as 240,000 families can no longer afford a median-price home.

U.S. homebuyers feeling stretched
 
Old 06-14-2007, 07:04 PM
 
Location: Florida
1,738 posts, read 8,274,012 times
Reputation: 678
then buy under median ....sound like a quick fix.
so lets say we pay 77 extra dollars towards our homes. so what, it's towards my home!!!
woo doggies!

happy fatherday day people
as of tomorrow it's another weekend of MOVING THINGS!
 
Old 06-14-2007, 07:07 PM
 
Location: So. Dak.
13,495 posts, read 37,432,349 times
Reputation: 15205
Quote:
Originally Posted by kelly3120 View Post
then buy under median ....sound like a quick fix.
so lets say we pay 77 extra dollars towards our homes. so what, it's towards my home!!!
woo doggies!

happy fatherday day people
as of tomorrow it's another weekend of MOVING THINGS!
An extra 77 a month over the period of 30 years is a total of 27,720 EXTRA dollars.
 
Old 06-14-2007, 07:08 PM
SKB
 
Location: WPB
900 posts, read 3,497,513 times
Reputation: 331
Great Post Chief,

Let's hope this will put more pressure on those people that are still in dream land about their list prices.

I thought I would post this, I remember reading it a couple of years ago. It really makes a point on how far we have turned the other direction in this market crash. To think people were so desperate to get in on the bubble they would do anything, pay anything and agree to anything.


"Sellers in hottest housing markets making unusual demands on buyers


Chicago Sun-Times (broken link), Jul 10, 2005 by AMIR EFRATI

Within a month of putting her 2-bedroom house in San Francisco on the market recently, homeowner Linda Gao had five offers, each one above her asking price of $699,000. So before accepting the most- attractive bid, she threw in an extra condition: If you want to buy my house, you have to feed the squirrels."

Read on:


Sellers in hottest housing markets making unusual demands on buyers Chicago Sun-Times - Find Articles (http://tinyurl.com/2tf7o5 - broken link)
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Florida

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top