2007 March : The Real Estate Bloggers

Archive for March, 2007

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Is 2007 The Year Of The Landlord?

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Let’s face it, on  the low end housing prices are stagnating, mortgage opportunities are decreasing, and demand is just not  there after the run of flips and speculation created excessive inventory. To some this is depressing but to the [...]

22Mar2007 | Tom Royce | 1 comment | Continued
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WNYC Radio Show on the History of New York City Buildings

I was emailed by an associate with WNYC to spread the word on the Leonard Lapate show tomorrow on the stories behind New York City buildings with Christopher Gray, writer of the Streetscapes column in the New York Times.
What intrigued me about the show was that they are using the internet to facilitate it. Instead of [...]

21Mar2007 | Tom Royce | 0 comments | Continued
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Fannie Mae Stops Working With New Century

It looks like New Century Financial Corp. has been officially cut off from Fannie Mae.  Which means that the company that underwrites 20 percent of new loans in the country will not  do business with New Century.
Is that Taps I hear in  the distance?

Fannie Mae, formally known as the Federal National Mortgage Association, notified New Century [...]

21Mar2007 | Tom Royce | 0 comments | Continued
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Housing Starts Will Collapse in 3rd Quarter 2007

The recent data  that came  out for February, 2007, that housing starts were up by 9 percent  is wonderful news for the building community, but this will be the eye of the storm as building starts as a statistic will collapse in the 3rd quarter of 2007. And that is not all bad.
In the [...]

21Mar2007 | Tom Royce | 3 comments | Continued
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Thomas Flatley, Self Made Real Estate Mogul, Selling Most of Real Estate Holdings

Thomas Flatley is considered one of the top real estate investors in the country. He has kept a low profile but also took the investment in a single  home and transformed it into a 1.3 billion dollar fortune. The self made immigrant is now getting out of his commercial holdings in  New Hampshire and Massachusetts. The [...]

21Mar2007 | Tom Royce | 2 comments | Continued
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Redfin CEO and CTO Interviewed By Robert Scoble on “Shaking Up Real Estate Markets”

There is an interesting interview  by Robert Scoble of Podtech with Glenn Kelman and Micheal Young of RedFin. They topic of the conversation is using technology to shake up the real estate industry.  

 

20Mar2007 | Tom Royce | 1 comment | Continued
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Subprime Lenders (and Wall Street Players) Facing Increased Federal Scrutiny

The meltdown in the subprime market is slowly rapping up as 100 percent loans and loans to those with damaged credit have dried up in the marketplace. So what next, it is time for the Federal bureaucrats to come charging in and start their investigations. The SEC announced yesterday they are commencing on a broad [...]

20Mar2007 | Tom Royce | 3 comments | Continued
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Top 10 States With The Highest Home Insurance

After all of the talk about high home insurance in the states that can be hit be hurricanes, insurance costs in states that face sever damage by tornadoes and hail storms face insurance costs that are comparable with those in the hurricane zones. Forbes has put together a list of the most expensive places to purchase [...]

20Mar2007 | Tom Royce | 0 comments | Continued
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Housing and Mortgage Data Key Indicators These Days For Stock Markets

When the housing boom was going on, the financial markets watched and absorbed the profits without much fanfare or hesitation. But since the subprime mortgage meltdown of the past few weeks housing has been under the spotlight and is making the market have huge swings in pricing.
If you are an investor in both real [...]

19Mar2007 | Tom Royce | 0 comments | Continued
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Dan Marino Selling His 20 Thousand Square Foot Florida Home

If you are a big Miami Dolphin fan and are looking on living like legendary quarterback Dan Marino, today is your lucky day. Marino has placed his 20 thousand square foot home in Weston, Florida up for sale. This 10 bedroom, 12 bathroom estate has all the amenities that one could imaging and at a [...]

18Mar2007 | Tom Royce | 3 comments | Continued
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    • I saw this earlier today and thought the exact same thing, Tom. The politicians have been pushing homeownership for ...
      Joshua Dorkin @ BiggerPockets | 5Jan09 | More
    • I just found your blog and it's filled with great information. One of my goals this year is to update ...
      Albany Homes For Sale | 5Jan09 | More
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      Tom Royce | 5Jan09 | More
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      Jackson Hole Real Estate Broker Rick Armstrong | 5Jan09 | More
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