Archive for February, 2007
Nice Write Up In Realtor Magazines Fifth Annual List Issue
The Real Estate Bloggers had a nice write up in the Fifth Annual List Issue in the print version of Realtor Magazine. Thanks to the whole crew over there for including us in the roundup of 5 Real Estate Blogs To Visit!
The Real Estate Bloggers (www.therealestatebloggers.com)
If you enjoy reading interesting news on all manner [...]
28Feb2007 | Tom Royce | 4 comments | ContinuedCalifornia Shows Slow Sales in January 2007, Pricing Holds Flat
Sales volume in California was down in January 2007 12.6 percent while home prices rose 1.9 percent. These numbers may sound dry, but they tell one hell of a story. Prognosticators have been expecting housing prices to drop significantly in the state as the speculators left the market.
Instead what we see is pricing holding [...]
Off Campus Housing – More Reasons Why It May Be A Good Investment
Earlier this month we talked about the benefits of buying into the student housing market, and now Marketplace has an interview on the benefits of owning off campus housing as a investor and landlord.
I still think this a good local investment if you are hands on and willing to get dirty. College students in [...]
Corrected : “Official” Tag By In House Real Estate Broker Relationship Sued In Virginia Court
UPDATE: Today I recieved an email from Bo Newell, who is with Mountain Area Realty, concerning the legal action. When I first read the story, my impression was that the case was over a developers right to give a real estate firm the ability to market their homes. Instead, this is what Bo Newell sent me:
“This [...]
27Feb2007 | Tom Royce | 1 comment | ContinuedSelling a Church Takes Supernatural Powers
Living in a community that is growing rapidly I have seen how difficult it is to sell a church. Typically what happens is the parish grows beyond the capacity of the original church and there is not enough land for the church to build onto it. The parish then builds their dream church at another location [...]
27Feb2007 | Tom Royce | 1 comment | ContinuedAll Real Estate Is Local – A Baltimore Story
One of the regions of the country that saw the biggest run up in real estate prices over the past 5 years was Baltimore. So when the slowdown occurred, most were expecting carnage in the city. But as the Baltimore Sun reports, real estate prices can not be quantified by a geographic region such as [...]
26Feb2007 | Tom Royce | 1 comment | ContinuedAs Baby Boomers Age, Senior Housing Looks Like a Great Bet
Well, the Baby Boomers are no longer babies, in fact the human bubble of births is now turning to their retirement years. For those interested in housing and real estate, the need for quality senior housing is going to expand significantly in the coming years.
In the past, financing for senior housing was hard to [...]
NovaStar Financial Share Prices Rocked By Earnings Report
News of a 14 million dollar loss rocked the price of NovaStar Financials stock yesterday. The market recognized the exposure to sub prime loans that are in a delinquent status or in foreclosure. The number of these loans is expected to rise in the near term as housing prices have remained stable and the ARMs are [...]
22Feb2007 | Tom Royce | 2 comments | ContinuedBlackstones Starts Flipping Equity Office Properties
The Blackstone Groups acquisition of Equity Office Properties Trust closed without issue and the property management firm is now in the process of flipping the properties to reduce the debt the 39 billion dollar deal created. The red hot commercial market is only happy to comply and over 18.5 billion dollars in properties have been [...]
22Feb2007 | Tom Royce | 0 comments | ContinuedThe Top 10 Best Cities For Jobs in 2007
The newest list for best cities to seek employment in has come out and theĀ results are pretty good for last years top 10. Only 3 dropped out since last year, Bethesda, MD, Richmond, VA, and Oklahoma City, OK. The new additions to the top 10 cities for jobs in 2007 are Salt Lake City, [...]
21Feb2007 | Tom Royce | 4 comments | Continued

