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Beautiful landscapes
By their proportions, accessibility, originality and beautiful landscapes, as well as with their richness in mineral waters and multiple winter sports possibilities, the Carpathians are one of the most important and complex touristic areas of our country. This is where you can find the renowned mountain resorts: Poiana Brasov, Sinaia, Predeal as well as Borsa, Stana de Vale, Paltinis., Durau, Semenic, Muntele Mic, Balea. All these resorts are gifted with modem hotels, villas and restaurants. The large number of possibilities tourists can chose from to spend their time, the numerous ski tracks, ski lifts for the practice of winter sports are true attractions for the visitors. In the valleys or depressions are found large spas like: Baile Herculane, Felix, Calimanesti-Caciulata, Slanic Moldova, Buzias., Baile Tusnad, Covasna, Sovata, Vatra Domei and many others.
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Housing quagmire: Is it time to remove relief?For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month -- one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other includes another round of funding to help the unemployed or underemployed with their payments.
A reward for responsible homeownersThe government has bailed out Wall Street firms, giant banks, creditors of Fannie Mae and Freddie Mac -- and is trying to bail out people who've defaulted or are about to default on their mortgages. But let's say you're a hardworking family that has done nothing wrong except buy a home when the housing bubble was at its peak a few years ago. Your mortgage is now way underwater, but you're still making payments because you want to stay in your home -- and you're actually honorable. You're paying for everyone else's bailout, but because you have no equity in your house, you can't refinance to take advantage of the ultra-low mortgage rates that Uncle Sam's bailout strategy has produced. To use the technical term, you're being screwed.
Home prices gain 3.6% in past yearDespite a recent spate of bad news coming out of the housing industry, home prices show signs of stabilizing.
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