Archive for June, 2006

Save Screech’s House? You have to be kidding…

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!This has to be one of the greatest hoaxes or one amazing story. Dustin Diamond, Screech from the show Saved By The Bell, is about to lose his home to foreclosure in Wisconsin and is selling t-shirts to save […]

26Jun2006 | Tom Royce | 2 comments | Continued

Lennar Cuts Outlook While Showing Record Profits

The Lennar Corporation is falling into line with their biggest competitors. They are showing record earnings while projecting a slower future. The marketplace rewarded them with a 2.6 percent increase in their share prices today while recognizing the change in the marketplace.
I have the distinct feeling that Lennar and Toll Brothers will be the barometers […]

26Jun2006 | Tom Royce | 0 comments | Continued

Why Zillow Will Succeed

Even though the results of Zillow have been sketchy so far, they are building one heck of a business and are in a position to cvapitalize on it once the bugs get out of the system. Paid Content, a new media blog, has an interesting post up today about monetizing sites via advertising in the […]

26Jun2006 | Tom Royce | 0 comments | Continued

Minimum Service Laws Can Hurt Consumers

If you are truly interested in the minimum service legislation that is coming out of state legislatures across the country, you must read this article by Marcie Geffner of Inman News. She really nails the whole discussion of Minimum Service and the weaknesses of this legislation in the marketplace.
Minimum service does delineate between the roles […]

26Jun2006 | Tom Royce | 3 comments | Continued

Sporzoo.com Opens as Real Estate Investor Community

A new real estate web site Sporzoo has opened that is designed to act as a forum and community site for real estate investors and property managers. It looks like the site has the opportunity to be successful as a meeting place, and they have the opportunity for their users to journal (blog) and share the […]

26Jun2006 | Tom Royce | 0 comments | Continued

Living Proof “All Real Estate is Local”

When we talk about real estate we are guilty of trying to talk about the macro trends in the industry. What needs to be knocked into all of our heads is that real estate is local. And when you think local, think hyperlocal as in neighborhoods and even streets.
The New York Times has an article […]

25Jun2006 | Tom Royce | 0 comments | Continued

Indiana Enacts Minimum Service Law to Protect Monopoly

Indiana has enacted a minimum service law for real estate transactions against the will of consumer groups. Now instead of buying the real estate services that you want, a buyer is going to have to get all of the services a real estate agent has. While this makes sense for the beginner or casual buyer, […]

25Jun2006 | Tom Royce | 0 comments | Continued

President Bush Signs Executive Order Protecting Property Rights

The battle over eminent domain rights has moved from the states to the Federal government as George Bush signed an executive order prohibiting the taking of private property to enrich another. He has recognized the rights of the common man over the power of an encroaching and at times corrupt government.
This executive order essentially negates […]

24Jun2006 | Tom Royce | 0 comments | Continued

Why Overseas Investment in Real Estate Makes Sense

The domestic real estate market is slowing overall and declining in some regions, but there are great opportunities for investing in real estate internationally are out there. The New York Times has an interesting article on this today explaining why investing in international real estate is easier and possible more lucrative than ever before.
First, worried about […]

24Jun2006 | Tom Royce | 0 comments | Continued

Downtown Dallas Wakes From Sleepy Past

Downtown Dallas was the slow point in this Texas cities real estate market. The activity was in the suburbs or in the central business district. Now the activity is in the downtown region and properties are changing hands quickly as the land rush is on.
The activity is not amongst the institutional investors like the major […]

23Jun2006 | Tom Royce | 0 comments | Continued