In addition to low-down-payment financing and priority status for owner-occupants, the government-controlled mortgage giant, Fannie Mae, has begun offering closing-cost assistance, among other incentives, to qualified buyers, says the New York Times. Some 31,000 properties are currently listed for sale at HomePath.com, where Fannie keeps its inventory. And last year, according to recently filed financial statements, the
Recently, according to this article from CNN Money, the U.S. Department of Housing and Urban Development projected that the FHA’s capital reserve fund will end the year with a positive balance of $7.8 billion. That’s a stark contrast to last year. In 2013, the FHA, which insures 40 million home mortgages, according to this article
In Lee and Collier counties, some schoolchildren have never owned a new pair of shoes, according to this article from the Fort Myers News-Press. And in some families, a child actually has to share one pair of shoes with a sibling. “There are children coming to school with bare feet,” said Jeanne Nealon, founder of
The Golden Apple awards kicked off at 8 a.m. Tuesday at Lely High School—according to this article from the Naples Daily News. Jacqueline Williams has been a teacher at Lely since she relocated from Mississippi 16 years ago and met current school board member and then-principal Roy Terry and on Tuesday she got a special surprise. “I
Fifth Avenue South, according to this article published in the Naples Daily News, is very pleased to announce several upcoming March events including: Art in the Park on Saturday, March 1 from 10:00 a.m. to 4:00 p.m. at Cambier Park in Downtown Naples. Mardi Gras Evening on Fifth will be Tuesday, March 4, from 6:30
Bonita Springs-based homebuilder, WCI Communities Inc. saw its total revenues increase by nearly 32 percent last year, with the delivery of nearly 500 homes, 40.1 percent more than in 2012. In the fourth quarter, the company’s new home orders rose more than 9 percent year-over-year to 116, with the value of those contracts increasing by
