Archive for September, 2006
Newark’s Revitalization – Can it Happen?
Newark has been an enigma in the metro New York – New Jersey region. The city is located right next to the largest urban region in the country, has a major international airport at its door, and a state that would love to see it rejuvinated.
But it languishes. Race riots decimated the city in [...]
Why Are Homes Getting Bigger, It May Be Because It Is Where You Work
One of the questions that comes often is why do we need so much more room in our homes? The answer that has been out there but not considered is that home is where the business is. Over half of the businesses in the United States are home based. So whether it is intellectual capital [...]
27Sep2006 | Tom Royce | 1 comment | Continued
Is the new song, “Where have all the brokers gone?”
That is the question posed by Dan Dorfman in the New York Sun today.
In effect, the end of the current real estate boom is also signaling the end of the seemingly nonstop national flight into the real estate brokerage business by those folks who figured such an entry was practically a guarantee of a lucrative [...]
Moody’s Projects Housing Will Be A Losing Proposition Over The Next Decade
I am not certain that these numbers have any merit whatsoever, but I came across them at the MSN Real Estate site and figured I would put them up for discussion. The chart has the projected 10 year increase in property values for 15 major metropolitan markets. It was done by Moody’s Economy.com and I [...]
26Sep2006 | Tom Royce | 5 comments | Continued
Trump Starts Work on Senior Community in Westchester, New York
In looking to the future, Donald Trump has started work on his first senior development. The 141 unit set to be built in Westchester County, New York will be an upscale community for those 55 years and older. With the baby boom starting to near the retirement age, Trump himself is now 60, the need [...]
26Sep2006 | Tom Royce | 0 comments | Continued
Stuyvesant Town and Peter Cooper Residents Watch Out – Change is a Coming
MetLife has put out a prospective for potential buyers of it’s Peter Cooper Village and Stuyvesant Town community on the east side of Manhattan. And if you are a present tenant, I have one word of advice for what is coming.
DUCK!
Metlife is saying that with “With aggressive investigation of potential stabilization violations, the memo suggests, [...]
Winter 2006 – 2007 Heating Forcast Mixed
The home heating forcast for 2006–2007 is looking like a mixed bag. The cost to heat a home with natural gas is expected to decrease by 10 percent if the usuage remains the same. Unfortunately, for homes that are heated with heating oil, prices are expected to be 9 percent higher.
The lack of storms [...]
Home Sales Fall for 5th Straight Month – August 2006 Year over Year Lower Nationally
The national real estate picture is showing the result of the downturn that was to be expected. Sales are down and homeowners are lowering the price to soak up the excess inventory. There is a nationwide inventory of 3.92 million homes that experts are expecting to take 7.5 months to absorb.
The slowdown in sales [...]
25Sep2006 | Tom Royce | 0 comments | Continued
Federal Agencies Ride to the Rescue of Those Hurt By Bad Loans, After the Massacre Occurred
It looks like the first part of the 21st century may be thought of as the days of easy money. The combination of historically low interest rates and loans that only a mortgage broker could love created an unprecedented buying opportunity for homeowners.
Now as interest rates have climbed and some of the more esoteric [...]
Psychic Cleans Homes of Unwanted Spirits, And Real Estate Agents Pay
Some people would say B.J. Wall is a psychic, but she calls herself a communicator. Wall says she sees and talks with spirits.
This is an interesting story on how a psychic, B.J. Wall, comes into homes that either are not selling or are percieved to have a “spirit” stuck in the home that is [...]
Although I agree on most points, I would like to point out that most of the banks that are being ...
The question is when are they going to release them on the market. Las Vegas leads the nation in ...
I keep seeing mentions of Florida's market getting better in multiple blogs. I'm increasingly under the assumption that at least ...
I would like to know more about it. I need to know how you file for it. Please let me ...
Great blog, keep the great content coming! 
If you want to succeed, do not say "we can prevent this in the future." Live in reality. ...
The price of the property depends on its quality and the deal between the management. Good and wise choices are ...
I don't have experience at actualy working in tha automotive bussinnes, but have experience working in a warehouse invironment. ...
