Archive for March, 2006

Mortgage Reform Bill Moving Through Ohio Legislature

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The Ohio House of Representatives passed new legislation to combat mortgage fraud yesterday, and now the bill will go to a conference committee with the Senate to work through some of the minor details.
The law will look at [...]

31Mar2006 | Tom Royce | 1 comment | Continued

Where Are the Retirees Relocating To? They Are Moving To A Warmer Version of Their Own City

If they move at all.
Information coming from AARP shows that seniors tend not to move,but if they do they relocate to a smaller city that resembles the city they came from, just a more accessible version. My parents relocated to coastal Carolina as it allowed them the same amenities of the region they left with [...]

31Mar2006 | Tom Royce | 0 comments | Continued

JFK’s Grandfathers Summer Home Sells At Auction for Steep Discount

The Hull, Massachusetts home of John F. Kennedy’s grandfather sold at auction at a steep discount Tuesday for the price of $950,000. The home had been fraudulently purchased by Jamie Edelkind who was sentenced for 5 years in jail. He was convicted of using phony mortgage and payroll documents. The assessors office appraised the land [...]

30Mar2006 | Tom Royce | 1 comment | Continued

The Top 10 Counties in the United States by Millionaires

The Top 10 Counties in the United States by Millionaires
Rank County No. of millionaire households 1 Los Angeles County, CA 262,800 2 Cook County, IL 167,873 3 Orange County, CA 113,299 4 Maricopa County, AZ 106,210 5 San Diego County, CA 100,030 6 Harris County, TX 96,593 7 Nassau County, NY 78,816 8 Santa Clara [...]

30Mar2006 | Tom Royce | 2 comments | Continued

Starbucks buying Seattle Property to Expand Headquarters

Starbucks in not satisfied being on every street corner of America, it now needs more corporate space to manage the thousands of stores around the country. The coffee chain is expanding into 2 tracts in Seattles Pioneer Square and has the potential to build out one property with a 7 story building.
The properties are owned [...]

29Mar2006 | Tom Royce | 1 comment | Continued

Today is Tax Day For Me

So posting will be very light as I put all this information together for Uncle Sam.
Wish me luck.
But if you are looking to read great stuff, take a look at my favorites:

Bubble Meter
Rain City Guide
Southern California RE Bubble
360digest
House Bubble
Jersey Shore RE Bubble
Seattle Bubble
Socket Site
The Boy in the Bubble
New Jersey Eminent Domain Law Blog

29Mar2006 | Tom Royce | 1 comment | Continued

Good Morning America Report Provides Insight Into Realtor Speak And Raises Ire of NAR

The ABC Good Morning segment on what your real estate agent will not tell you is an amusing and tongue in cheek (meaning fairly accurate) poke at real estate agent speak. We see these types of things in singles magazines all the time, what is said and what it really means, and now the spotlight is [...]

28Mar2006 | Tom Royce | 1 comment | Continued

KIA Plant In West Point Georgia Not Wanted By All

As with anything in this world, the new KIA Plant in West Point, Georgia that we have followed so closely has been approved by the state, but some local residents are unhappy with the new plant being placed in their neighborhood. I can understand as living in a rural area is important to folks, and [...]

27Mar2006 | Tom Royce | 2 comments | Continued

Carbon Monoxide (CO) Detectors Mandatory in Massachusetts

Massachusetts has a new law on the books to that will require Carbon Monoxide (CO) Detectors installed in all residential establishments in the state by March 31st, 2006. Carbon Monoxide is lethal and you never know that it is in the house until it starts to do damage. When my wife was a young girl, [...]

27Mar2006 | Tom Royce | 0 comments | Continued

Boston Condo Market Peaked - Huge Inventory Available

The Boston condo market has hit its peak this past fall, and now is accumulating a huge inventory of million dollar condos. My question is why do the builders keep creating the inventory when the market has turned.

There is now a 7.5-to-12-month supply of high-end condos priced at $2 million and above in the Boston, Brookline and [...]

26Mar2006 | Tom Royce | 0 comments | Continued