Archive for March, 2006

Borrowers Looking For Long Term Mortgages and Ditching the ARMs

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The LA Times has a very good article today on the hows and whys people are getting out of the Adjustable Rate Mortgages and locking in with the longer term Fixed 15 and 30 year mortgages. Here is an [...]

26Mar2006 | Tom Royce | 0 comments | Continued

100 Dollars and the Right Essay Could Win a Flower Shop

The selling of a small business can be difficult and heartbreaking. Trying someone to find to buy your business at a price that you see as fair is a difficult and frustrating affair. A Flower Shop in Palm Beach Gardens, Florida is looking for the right person to buy their business, and are hoping 100 [...]

26Mar2006 | Tom Royce | 1 comment | Continued

Lake Oconee Georgia Getting 1400 Home Development

The Lake Oconee region is one of the fastest growing areas in Georgia as the market for second homes is still growing. A new development by Synergy Realty is going to create an 1,400 home development on the lake. Lake Martin and Lake Lanier, two of the top lake front communities near Atlanta have shown signs of [...]

25Mar2006 | Tom Royce | 0 comments | Continued

Georgia Senate Approves Eminent Domain Legislation

Georgia has passed through its Senate some of the toughest eminent domain legislation in the country as they have proscribed tough definitions of blight, the loophole developers and politicians alike have used to take perfectly good homes by force to transfer to developers. The Supreme Courts Kelo decision motivated the legislature to tighten the laws of [...]

25Mar2006 | Tom Royce | 0 comments | Continued

Housing Sales in Tampa and Florida Slump in February

The housing market in Florida is slumping as the speculative element is getting out and buyers remain wary as they wait to see what will happen. Tampa Bay saw a 29 percent decrease in volume with a 1 percent price increase. This tells me that sellers are holding firm on pricing while buyers are showing [...]

25Mar2006 | Tom Royce | 1 comment | Continued

Getting the House Ready For Sale

Getting your home ready for sale is a big job, but there are some tricks that will make the property look its best and get the best selling price. The Boston Herald goes into detail on many of the aspects of preparing your home for sale. I have pulled out the curb appeal section for [...]

24Mar2006 | Tom Royce | 0 comments | Continued

Housing Sales Rise Significantly In February 2006

It looks like the nationwide bubble has not exploded as predicted with housing sales in February increasing 5.2 percent nationwide. While certain areas are still overbuilt and have a glut of inventory and pricing that is unsustainable, most of the country is still seeing improvements in pricing.

Sales of existing U.S. homes rose to a [...]

23Mar2006 | Tom Royce | 2 comments | Continued

Mortgage Demand Slows Down to Lowest Level For 2006

The mortgage business showed a slowdown this past week and hit the lowest level of the year reinforcing the notion that the slowdown in the real estate market is kicking in. Interest rates also fell during the week making the slowdown that more of an indicator of the marketplace.

It is very evident that the [...]

23Mar2006 | Tom Royce | 0 comments | Continued

Those Buying at Markets Peak May Be In Big Danger

Those that have bought their homes in the last 2–3 years may be in danger of having paid more than their house is worth. Purchasing a home is never a dead on investment to be profitable in the short term, although it tends to be the largest asset most American have during their lives. Investors Business [...]

22Mar2006 | Tom Royce | 0 comments | Continued

New York Lists Real Estate Agents with Disciplinary Actions Against Them

If you are looking for a Real Estate Agent in New York, the Department of State has a new website. This site lists all of the disciplinary hearings and decisions against real estate agents within the state. As licensed professionals, this may be a very good deterrent from agents getting involved in any unscrupulous behavior.

Consumers in [...]

22Mar2006 | Tom Royce | 0 comments | Continued