Archive for June, 2007

5 Steps Forward, 4 Steps Back – A Motivating Story

Scott Adams, world famous creator of Dilbert, has a great post today on the power of perserverence. He documents all the baby steps that took years before he achieved his overnight success and champagne moments.
It is a great lesson for real estate agents (and bloggers) everywhere. Take great joy in the small victories but keep [...]

25Jun2007 | Tom Royce | 0 comments | Continued

Google Buying Mountain View, California Outright

That is a bit of hyperbole, but to many residents in the California town of Mountain View, California it does feel like Google is taking property share in the same way that it is taking search share from Yahoo. Working with the city of Mountain View to purchase another 310,000 square feet of office space. [...]

25Jun2007 | Tom Royce | 0 comments | Continued

Brooklyn’s Flatbush Avenue Is Booming

Consider this the spillover effect from Manhattan’s explosion in property prices, but tame and dowdy Flatbush Avenue in Brooklyn is experiencing a building boom of epic proportions. 18 construction projects are occurring on this stories street with a combined value of 3 billion dollars. And that is not even including the Atlantic Yards project nearby. [...]

25Jun2007 | Tom Royce | 0 comments | Continued

Subprime Mortgage Issues Are An International Concern

The subprime slowdown is just not an United States issue. The looser lending also occurred overseas and some of the larger international real estate and lending companies are feeling the brunt of fluctuating interest rates and foreclosure risks.

Shares of Hypo Real Estate dropped 2.2% in Frankfurt, while Unibail lost 2.9% in Paris. Hypo Real Estate [...]

25Jun2007 | Tom Royce | 1 comment | Continued

Senior Real Estate Specialist’s in Demand in Segmenting Marketplace

The real estate market is slow and there are more new agents arriving daily. The key ingredient to being a successful real estate agent these days is to find you niche. One of the newer designations is the Senior Real Estate Specialist, a designation from the National Association of Realtors, that focuses on providing for the [...]

25Jun2007 | Tom Royce | 4 comments | Continued

A Successful Move For The Real Estate Bloggers

If you are seeing this post we have had a successful move of The Real Estate Bloggers. We are working with a new template that should be cleaner and be able to get more information to you in the coming months.
These are just the first few steps in hopefully creating a better user experience [...]

24Jun2007 | Tom Royce | 0 comments | Continued

Real Estate Appraisals and Appraisers Under The Microscope

With all of the fury over mortgage foreclosures, state officials across the country are putting appraisers and their inflated appraisals under the microscope. The game of nudge nudge, wink wink between appraisers and mortgage lenders has been going on for years, but with rising housing prices and easy loan money it was largely under the [...]

23Jun2007 | Tom Royce | 0 comments | Continued

Village of Penland Scam Stopped By North Carolina Attorney General, 100 Million Dollars Taken

If you are going to steal, steal big is the motto of a group of developers who took 100 million dollars from investors, committed mortgage fraud, created land that was undevelopable to plan, and are now facing legal challenges.
The village of Penland was a development in Mitchell County land consisting of 1200 acres to house [...]

22Jun2007 | Tom Royce | 16 comments | Continued

Trinity Place Penthouse Asks 15 Million to Break Boston Condo Price Record

If you have the cash, the Penthouse unit at Trinity Place overlooking Copley Square might be your new Boston crash pad. As real estate price for super deluxe properties soar, the timing of this 15 million dollar duplex offering a 360 degree view of Boston is perfect.
This 8 bedroom, 8 bath penthouse is the [...]

21Jun2007 | Tom Royce | 4 comments | Continued

Real Estate Weblogging 101 Is Now In Session

If you are looking to learn how to blog from a distinctly real estate perspective, the crew over at Bloodhound Blog have come up with a new primer. Their new site, Real Estate Weblogging 101 has just come out in beta form and is a new approach to the ebook.
Instead of trying to sell a [...]

21Jun2007 | Tom Royce | 2 comments | Continued