2007 February : The Real Estate Bloggers

Archive for February, 2007

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Top 10 Least Expensive Rental Markets In the United States

If you are fed up paying very high rental rates and are ready to go to a location where things may be a bit slower and more laconic, then these cities that have the Top 10 least expensive rental marke…

12Feb2007 | Tom Royce | 8 comments | Continued
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As Subprime Lenders Fail, Merrill Lynch Swoops In

There has been lots of talk about the failures in the subprime market. Many of the smaller lenders are going out of business, large banks are taking losses that they were not expecting, and the market…

12Feb2007 | Tom Royce | 3 comments | Continued
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Want To Sell A Property? Include a Floor Plan

Living in suburbia and being a housing junkie, I am always amazed at how rarely homes for resale do not include a floorplan in their marketing efforts. Looking at new construction, these builders almo…

11Feb2007 | Tom Royce | 13 comments | Continued
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After Katrina, Thousands Decide Not To Rebuild

Who can blame them.
The aftermath of Katrina on the Lousiana coast is still being felt with thousands of homeowners deciding not to rebuild in the towns and parishes along the coast. The devestatio…

10Feb2007 | Tom Royce | 0 comments | Continued
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Friday Fun: They Walk Among Us

Got this in an email and thought it would bring a smile to your face. If you have any to add, please put them in the comments.
While looking at a house, my brother asked the real estate agent which…

9Feb2007 | Tom Royce | 0 comments | Continued
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Rising Foreclosures Forces HSBC to Issue Warning

HSBC is one of the most staid and conservative banks in the industry. Yet, they are issuing warnings of a much higher foreclosure rate than they had expected and are issuing warnings that the future m…

9Feb2007 | Tom Royce | 1 comment | Continued
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Top 10 Most Expensive Rental Markets

New York City heads the list of the most expensive rental market for 2006, and rents are expected to increase in 2007 across the country. The slowdown in real estate purchases will lead to an almost 1…

9Feb2007 | Tom Royce | 0 comments | Continued
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Freddie Mac Thinks Mortgage Rates to Remain Steady For 2007

If you are looking for a big change in interest rates before you buy or refinance your home, Freddie Mac thinks you may be spomming you wheels. they just released a report forcasting very little chang…

8Feb2007 | Tom Royce | 2 comments | Continued
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The Blackstone Group Buys Out Equity Office For 23 Billion Dollars

The Blackstone Group finally completed the aquisition of Sam Zells Equity Office Properties Trust for a 23 Billion dollar buyout and assumption of 16 billion more in debt. They were locked in a biddin…

8Feb2007 | Tom Royce | 3 comments | Continued
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NAR Addresses Senate on Predatory Lending (Nudge, Nudge, Wink, Wink)

While the testimony that the National Association of Realtors addressed a Senate committee on banking how it opposes predatory lending, it does seem a bit disingenuous. There is a big difference now t…

8Feb2007 | Tom Royce | 1 comment | Continued
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