Archive for October, 2006
Baby Boomers And Real Estate - Some Interesting Statistics
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The Baltimore Sun had these very interesting statistics on how the baby boomers and real estate play in their investment portfolio. Here is a hint, it is a very important part…
Ninety-six percent of all boomers believe that owning a [...]
21Oct2006 | Tom Royce | 1 comment | Continued
New York City Mayor Announces Middle Income Development Project in Long Island City
After the sale of Peter Cooper and Stuyvesant Town this past week, housing advocates have been upset over the loss of middle income housing in New York City. The mayor has responded to these concerns by buying a 24 acre property across the East River for middle income (between 60–145K) housing. The properties rent will [...]
20Oct2006 | Tom Royce | 0 comments | Continued
International Buyers in Florida Upset Over Visa Limitations
The real estate market in southern Florida has always been semi dependent on the international buyer. The jet setters like to have a place in Miami to call their own. However, the real estate agents in south Florida are now blaming homeland security for the drop off in sales. They think that homeland security is [...]
20Oct2006 | Tom Royce | 0 comments | Continued
California Thieves Stealing Homes Out From Under Sick Seniors
A married couple, Jesus Duran Aquayo and his wife Sofia, have to be up for dirtbag of the year. They have been charged with stealing people homes, not stealing from peoples homes, but stealing the actual homes. They would look for homes where people were behind on their taxes and then see if they were [...]
19Oct2006 | Tom Royce | 1 comment | Continued
Ohio County Starts Online Real Estate Transfer
The trend to move real estate services into an online format is slowly happening. As in other parts of the country, online electronic filing of real estate transfers are gaining speed. This can only help the process as the documents will be more accurate, entered quicker into the public record, and take a layer out [...]
19Oct2006 | Tom Royce | 0 comments | Continued
Why Selling a Home in the “Inner City” Can Be a Challenge
I came across this one at at Carter’s Adventure, a blog billed as “Life as a Young Real Estate Investor in Baltimore†that had me rolling on the ground. I grew up in an area that had many of these same issues in New York and could relate…
Me: “So, are you ready to get this [...]
18Oct2006 | Tom Royce | 2 comments | Continued
What Not To Do With Your Real Estate License - Specialize in Marijuana Grow-Ops Homes
We all know there are way to many real estate agents in California, there is a licensed agent for every 52 people in the state. And we know in a saturated market it is smart to specialize in a specific niche to gain expertise and business. But if you are going to do so, it [...]
18Oct2006 | Tom Royce | 5 comments | Continued
Title Insurer’s Practices Investigated in Washington State
The title insurance industry over the past few years has gone from a service industry to a marketing industry. The competition has become so fierce while technology has reduced the cost of title searchs. So instead of having to conduct expensive title searches as they did in the past, now the industry has to spend inordinate [...]
18Oct2006 | Tom Royce | 1 comment | Continued
Sold - Peter Cooper and Stuyvesant Town in Manhattan for 5.4 Billion
MetLife exceeded even their most optimistic projections by selling the Peter Cooper – Stuyvesant Town communities in Manhattan for 5.4 billion dollars to the Tishman Speyer and their partner BlackRock Realty. The sale of this huge property is one of the largest in real estate history.
The residents were looking to try to block the [...]
FTC releases Pamphlet To Educate Homebuyers
The FTC released a pamphlet To educate homebuyers on choosing a real estate agent today, and it is not the most friendly document to real estate agents in my opinion. The pamphlet recommends to potential homebuyers to ask some tough questions of their real estate agents, questions that in the past have been glossed over.
How many homes [...]
17Oct2006 | Tom Royce | 0 comments | 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 ...
