Real Estate Blog, Mortgage, and Development News
Today is Monday, October 06th, 2008
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The Boy in the Big Housing Bubble has an interesting post up on the combination of affordable and green housing, and the efforts that are being made in some cities to combine the two.
Click here to read.
It looks like the housing bubble has not started to effect Florida yet as housing prices are increasing throughout the state.
Across Florida, 64,978 homes changed hands during the three-month period for a seven percent increase over the 60,462 homes sold in third quarter 2004, according to the Florida Association of Realtors.
The statewide median sales […]
23Nov2005 | Tom Royce | 0 comments | ContinuedThe expectation of a bubble bursting may be exagerated upone seeing the most recent numbers from the National Association of Realtors. It looks like some regions may experience a slowing of growth, but not a free fall in pricing.
Existing home sales set another record in the third quarter of 2005, and prices jumped nearly […]
16Nov2005 | Tom Royce | 3 comments | ContinuedWhile there has been a huge increase in the cost of housing in parts of the country, other sectors of the marketplace have been either enveloped or ignored. While many are concerned about the huge hit the economy will take as the bubble bursts, I think it represents a huge opportunity for another sector of […]
14Nov2005 | Tom Royce | 0 comments | ContinuedSpeculators, or as they are more commonly know as now Flippers, may signify the top of the real estate market. In areas especially where there are large condo developments, the flippers would pre-purchase the properties on the expectation that the condos and homes would appreciate when the buildings were complete.
TheBubbleMeter has a good post […]
According to a report in The Seattle Post Intelligencer, a housing bubble burst has the potential to cost the economy over 1 million jobs.
The dire warnings aren’t region-specific — beyond hitting most places where home values have appreciated most. But many experts on the Seattle-area economy have suggested that the elements of a classic […]
12Nov2005 | Tom Royce | 2 comments | ContinuedAs the Presidential Tax Reform Panel proposes a reduction in the home mortgage deduction, so does the real estate lobby prepare to battle to preserve the whole tax deduction.
Key provisions of the plan would:
Limit tax breaks to mortgage loans on primary homes.
Replace the mortgage-interest deduction with a tax credit equal to 15 percent of the […]
Inman News has an article on the Green Building Market that is growing exponentially and will continue to do so in the near future.
The environmentally conscientious “green building” market is expected to reach $10 billion to $20 billion over the next five years, according to a report released today by McGraw-Hill Construction.
Green building comprised […]
The largest builder of luxury homes, Toll Brothers, announced that the sale of high end homes have started to slow. After experiencing record profits over the past year, they are anticipating the next 12 to be slower.
High gas prices and the recent hurricanes seem to have rattled consumers, causing some to delay purchases of houses, […]
9Nov2005 | Tom Royce | 0 comments | ContinuedThe Canon Powershot S60 is a 5 megapixel camera that boasts a quality lens that is capable of capturing shots at a 28–100 mm focal length, perfect for capturing wide angle shots of homes for realtors and realty professionals.
When trying to capture wide angles you need a lens that is compatible. Most digital cameras fall […]