Archive for May 2nd, 2006
US Senate Sits On Eminent Domain Legislation - Property Rights Groups React
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!As we have discussed many times, the politicians in power will rarely give up power. This is evident in the eminent domain battle that is raging in the country. The House of Representatives passed legislation to withhold money to [...]
2May2006 | Tom Royce | 0 comments | Continued
Nashvilles Signature Tower Will Be 65 Stories Tall
While parts of the country are in a housing recession, other regions such as Nashville are booming. The Signature Tower has increased the planned size of the building by 10 stories with the addition of a hotel in the building.
Developer Tony Giarratana has added 10 floors of hotel space to his plan for Signature [...]
2May2006 | Tom Royce | 0 comments | Continued
Bay Area Forclosures Rise Dramatically
The Silicon Valley Business Journal has an interesting article on the rapid increase of foreclosures in the San Francisco Bay Area. The region has seen some of the highest appreciation of property value in the nation and now with prices retrenching, many people are falling behind on their mortgages or walking away from them.
DataQuick [...]
2May2006 | Tom Royce | 0 comments | Continued
One More Rate Hike and that May Be the End - Bernanke has Spoken
Federal Reserve Chairman Ben Bernanke has announced that the Fed’s persistant attack on inflation over the past two years may be nearing an end. He signaled that 1 more interest rate hike and then the Fed will take a break. Of course, he was not that blunt, but this was how his appearance at the Congress [...]
2May2006 | Tom Royce | 1 comment | Continued
Soft Landing or Bubble Bursting - Home Builder Panel Discusses
The Real Estate Journal has a report from the National Association of Homebuilders Spring Conference. Leading industry analysts discussed the state of the home building marketplace and tried to determine where the market was headed.
While these folks are representatives of the industry, they also are trying to steer the homebuilders into making wise decisions [...]
I saw this earlier today and thought the exact same thing, Tom. The politicians have been pushing homeownership for ...
I just found your blog and it's filled with great information. One of my goals this year is to update ...
Thanks for the kind words. I promise you the first year we did not have this level of readership. It ...
The limit on jumbo's is either 417,000 OR it is 115% of the median house price, not to exceed 150% ...
I like your blog and I have read many of your articles. I agree that it is amazing the ...
Yes, there are some deals out there. While there are some deals out there, I'm an agent looking for ...
With mortgage rates poised to drop to 4.5 percent all we need now is some tax incentives to help home ...
I think the overall interest in refinancing was definately high recently. However the problem is that although the rates dropped, ...
I have had great success using craigslist. Renters need to be careful and make sure they check out their landlord ...
This is the start of where the market can begin to level out.
Home owners will start to be able to ...
