Archive for June, 2006
First Drug Dealing then Mortgage Fraud
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!In Georgia there is a rash of mortgage fraud happening. The scary part is that the people doing this are people learning the tricks of mortgage fraud while in jail. They go in for dealing drugs and when they [...]
20Jun2006 | Tom Royce | 1 comment | Continued
Remodeling Advice - Make Home Easy To Use For Aging In Place Population
When looking to do a remodeling job on your home remember that a large part of the population are going to be retiring soon and they will be looking for homes that will allow them to age in place. What that means is that the homes should be designed so that an elderly person will [...]
20Jun2006 | Tom Royce | 0 comments | Continued
Funny Australian Real Estate Commercial - Video
I found this stupid but funny real estate commercial from Australia. Pretty much off topic but worth a mid week laugh.
Resetting ARMs Begin to Take Its Toll
The resetting of Adjustable Rate Mortgages (ARMs) are starting to affect the economy as many who use these risky loans are unable to refinance into another mortgage and are facing the prospect of foreclosure. As housing prices remain stagnant or dip, more people will be exposed to rising mortgage payments and face financial hardship.
As more [...]
The Real Estate Cartel Controls the Market? Is it True?
The Consumer Federation of America today issued a report charging the major real estate companies act as a cartel in their brokerage fees and the services they offer the consumers. This will be an interesting thing to watch, but in reality these folks are just looking for attention in my opinion.
They just know that a [...]
Looking For Commercial Space in San Mateo? It is Gonna Be Cheap Now.
Oracle purchases Siebel Systems last year and took on a good deal of space in the San Mateo region that was leased at the top of the dot.com era. They closed most of the offices and were paying twice the going rate for the space until they bought out the leases for over 130 million [...]
19Jun2006 | Tom Royce | 0 comments | Continued
Forclosure Auction Buyers Losing Interest in Housing Inventory
How can you really tell that the real estate market in some regions has peaked and is on its way down? When the auctions at the county courthouse are not attracting the buyers they once did and those properties are having a hard time selling. When a home is foreclosed upon it typically is sold [...]
19Jun2006 | Tom Royce | 2 comments | Continued
Top Economist Says Real Estate Market Overblown and Due To Slow
Yale Economist Robert Shiller is projecting a slower and declining real estate market in the coming year as the real estate industry has experienced one the of the biggest booms in history. The economist is the co author of the Case-Shiller real estate index and is considered to be one of the top voices in [...]
18Jun2006 | Tom Royce | 0 comments | Continued
Best Places to Live and Play Golf
For Fathers Day, we found these lists of the best places to live if you are an avid golfer. I figured this is a great little list to get the morning started and let the fathers out there dream of the next place they would love to live.
Top Five Golf Communities in the West
• Scottsdale
• [...]
Google Expands Real Estate Presence
Google, the search engine that plans to be all things computer, is expanding into real estate. Not the Zillow way or online, but they are purchasing up real estate to house the expanded workforce they are hiring. They have purchased the Silicon Graphics building in Mountain View and are spending over 319 million in total on [...]
17Jun2006 | Tom Royce | 1 comment | Continued
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 ...
