Career woman and mom seeks functional home in Aspen Drive
Doreen Ryals, a real estate salesman and mother of two, describes her Aspen Drive house as abso lutely functional with 2450 square feet, a kitchen-family room layout, a playroom, and energy efficient features. She and husband Doug plan more homes in nearby Woodridge Estates while considering selling this one next spring.
MENTIONED IN THIS ARTICLE
Carlisle Township
Dmeen Ryals
Elyria
Ryals
Russell Realty
Tara
Calli
Ing
River Ridge Road
Woodridge Estates
Grafton
Doug
Dineen Ryals
Bob Sorino
Mortgage Rates Forecast and Shifts in Home Loans
Fixed-rate loans expected above 14 percent next year and possibly over 16 percent by 1986. One year adjustable-rate mortgages remain the most popular, with five year ARMs seen as cheaper and protective against rate hikes. Teaser rates may fade as S&Ls favor ARMs and investors push back. Nationwide S&L mortgage originations fell sharply in September.
MENTIONED IN THIS ARTICLE
Hunt
Dennis Jacobe
U.S. League
S&l
Bennetts Build Unique Split Level With Global Chimes
Terry and Mary Bennett showcase a custom split level in Woods of Westlake with a doorbell chime set playing 25 tunes from Yankee Doodle to Rule Britannia. Their North Carolina riverstone facade and pebbleboard panels highlight a distinctive home built seven years ago by Bennett Builders, a leading local firm. The family, with three children Christina Danny and Mary Beth, is expanding as demand grows in western Cuyahoga County.
MENTIONED IN THIS ARTICLE
Westlake
Terry
Mary Bennett
North Carolina
Bennetts
Christina
Danny
Mary Beth
Bennett
St John and Westshore
Bennett Builders
Neil
Plans Surface for Homes in Olmsted and Strongsville Areas
The article notes Woods plans 60 homes in Olmsted Township's Gemini subdivision and a dozen units in Strongsville's Chandler Commons, with Westlake construction on the boards. The Bennetts plan to build a second home featuring a billiards room a computer room and a fourth bedroom.
MENTIONED IN THIS ARTICLE
Olmsted Township
Gemini
Strongsville
Chandler Commons
Westlake
Bennetts
ARMs judged safer as homebuyers face fewer traps
Edwin J. Gray of the Federal Home Loan Bank Board said ARMs show real progress in quality and safety. Surveys indicate most adjustable rate mortgages now include strict annual payment caps, reducing concerns about payment shock as rates move.
MENTIONED IN THIS ARTICLE
Bill McCloskey
Associated Press
Washington (Ap
Edwin J. Gray
Federal Home Loan Bank Board
National Association of Home Builders
Congress
Gray
U.S. League of Savings Institutions
Federal Home Loan Bank of Chicago
Federal National Mortgage Corporation
Senate
Home ownership faltering in the United States
The American Council of Life Insurance reports a drop in home ownership in early 1983 after decades of growth. The rate fell from 65.3 percent in 1981 to 64.7 in the first half of 1983, then hovered near 64.4 to 64.6 percent through 1984.
MENTIONED IN THIS ARTICLE
America
American Council of Life Insurance
Also Mentioned on This Page
Wall Street
Martin Bennett
Gus Chan
Freddie Mac
Federal Home Loan Corporation
Christian Science Monitor
U.S
Cleveland Electric Illuminating Company
Moody's
Midway Plaza
FORD
Broad St. Lorain
Twlevelare
Rear
Tate
Loya
Holiday Inn
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