Archive for November, 2006

Top 10 Most Affordable Communities in 3rd Quarter 2006

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The National Association of Home Builders has come out with their 3rd Quarter analysis for Housing Opportunity in 2006. This index determines the amount of homes sold in the quarter that are built that the average homebuyer can afford.
The [...]

21Nov2006 | Tom Royce | 1 comment | Continued

Boston Skyline In For 75 Story Change

The Boston skyline is about to see a big change from its boring frontage of the Hancock and Prudential Towers if local developer Steve Belkin has his way. He has proposed adding a 75 story high tower that will be 200 feet taller than the next tallest building . Boston has prided itself on the [...]

20Nov2006 | Tom Royce | 0 comments | Continued

Zell Sells Equity Office Properties To The Blackstone Group for 20 Billion

Sam Zell is selling his Equity Office Properties to the Blackstone Group for an estimated 20 billion dollars in cash and assumption of another 16 billion in debt. Zell, the world famous real estate tycoon from Chicago has been one of the leading faces for commercial real estate in the past few decades.
The deal [...]

20Nov2006 | Tom Royce | 1 comment | Continued

Top 10 Comfiest Cities on the Sunbelt

I am a sucker for Top 10 lists as most of my regular readers will note, but this one is interesting. I have never heard of a Top 10 Comfiest Cities list.
The goal of the comparison is to identify the most attractive large or mid-sized Sunbelt metros. It gives the highest marks to well-rounded [...]

19Nov2006 | Tom Royce | 2 comments | Continued

Pressure is On Appraisers To Find Hidden Deals

With the changing housing market, many homes are closing at the listed price, but there are substantial benefits that are coming to the buyers besides the house. That is part of the reason that home values have remain high in the face of the soft market. Most notorious for these practices is the new home [...]

19Nov2006 | Tom Royce | 1 comment | Continued

Realtor’s MLS Policy Changed To Include All

The federal government has been pressuring the different MLS organizations across the country to stop deliberately denying access to their data by some real estate companies. These actions have lead to multiple lawsuits by the Federal Trade Commission recently.
Now the National Association of Realtors at their national meeting have come out and created a [...]

18Nov2006 | Tom Royce | 1 comment | Continued

10 States with Highest Foreclosure Rate October 2006

RealtyTrac has come out with their October 2006 numbers and the results are in. Colorado leads the way with once out of 337 homes in foreclosure. Vermont had the least amount of foreclosures in the country with only one home in forclosure. Bet that guy has the neighbors talking for breaking the perfect streak.
The [...]

17Nov2006 | Tom Royce | 1 comment | Continued

Real Estate Agent Survives Horse Attack to Show Home

In a slow market, you have to be prepared to do what it takes to sell a home. Erika McKinney showed her persevence as she continued to try to show a home in the Bedford, Indiana area after being bitten and head butted into a tree showing a farm. Talk about going the last 9 [...]

17Nov2006 | Tom Royce | 3 comments | Continued

Craigslist Can Not Be Sued For Unfair Housing Advertisements on Site

Craigslist, the online classified section that has taken over the rental listings market in many cities was found by a federal judge for not being liable over allegedly discriminatory ads placed on the service. Housing advocates in Chicago had sued Craigslist for violating fair housing regulations.

The decision was a victory for online civil liberties [...]

17Nov2006 | Tom Royce | 0 comments | Continued

Real Estate Investors.TV Coming to Web

Real Estate Investors.TV is coming to the internet. The company has just a front page right now but it looks like the company is aiming at the new real estate investors.
Get the feeling they are about 2 years too late to the game? Most of the flippers have gone home to lick their wounds. At [...]

16Nov2006 | Tom Royce | 2 comments | Continued