RIO — The Martin County Redevelopment Agency and the County’s Housing Division are in negotiation to buy the Rio Mobile Home Park.
The CRA plans to secure the property, at the northwestern corner of County Road 707 and Martin Avenue, from the Housing Division at no charge and convert the land into affordable housing and commercial office space.
County representatives said the conversion would help increase property value in the neighborhood.
Agency staff estimate the code enforcement liens on the park are more than $600,000. At last week’s Rio Neighborhood Advisory Committee meeting, Rio CRA representative Rick Zurich called the park a “drug-infested, eyesore.”
“The NAC backs this,” committee member Douglas Smith said. “
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Hanley Wood Home Plans/AP
This three-bedroom home makes amazing use of modest square footage. The design includes 1,577 square feet of finished living space.
A skylit entry foyer greets visitors and leads to the vaulted great room, where a centrally located see-through fireplace warms the breakfast nook on the other side. The great room opens to the dining room (which is also vaulted) to form one large living area that looks out to the rear deck through windows and sliding glass doors.
To the side, a screened porch offers another option for enjoying the day.
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Oh no, it’s back, the eternal question of which is a better investment, stock or real estate?
Writing in the Wall Street Journal, Robert Bridges tells us that “a dollar used to purchase a median-price, single-family California home in 1980 would have grown to $5.63 in 2007, and to $2.98 in 2010. The same dollar invested in the Dow Jones Industrial Index would have been worth $14.41 in 2007, and $11.49 in 2010.” The data provided by Bridges is hardly surprising. The article, after all, is entitled, .
Share your opinion about which is a better investment in our August 2011 Reader Poll.
Timing Bridges makes a carefully constructed comparison which includes 2007, the top of the real estate market. Acco
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It is now down to crunch time. The government will officially run out of money on August 2nd if a deal isn’t reached to raise the debt ceiling, and congress is still locked in with no agreement in sight. At the end of last week 
it looked like a big agreement was coming together. President Obama and House Speaker Boener, the leading Republican in the House, were on the verge of a plan that would put in place big budget cuts with modest revenue increases, but no new taxes. This deal fell apart Friday night, right after the financial markets had closed, when it became clear that Boener didn’t have the support from his rank and file. So
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We want to know how you would invest $20,000 given the uncertain real estate market and economy: in stocks, real estate, precious metals or a certificate of deposit?
To ensure that you choose the best mortgage rates available on the market, it is essential that you get hold of more data on all terms and conditions involved. Looking for the best mortgage rate you should understand how much of a deposit you will need to pay. It would be better to compare all criteria of the chosen company. This way, you will begin to compare the costs of each quote and choose the one with the best mortgage rate.
You can ask for help of mortgage brokers to find loan companies with the best mortgage rates. Mortgage brokers are experts at this industry. This means you just get a wider selection of loans and provisions for you to choose the best variant.
You can compare mortgage rates available at the market using a mortgage rate calculator. Get more info…