Archive for June, 2007
Top 10 Markets With Lowest Mortgage Risk, Summer 2007
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!If you are looking to move to a safe and non volitile community where property appreciation is going to be modest and safe, these communities according to the PMI Institute are positioned to be your best bet. They have [...]
21Jun2007 | Tom Royce | 2 comments | Continued
69 Billion Dollars Raised For Golbal Real Estate Funds This Year
If you are investing in real estate, be prepared for the big boys to be moving in. The demand for high yield investments is surging and many Wall Street players are looking to commercial real estate to achieve great gains. The stock markets are trading at historic highs and people are looking to diversify their [...]
20Jun2007 | Tom Royce | 0 comments | Continued
OFF TOPIC: Don’t Mess With Granny
Occassionally I will put something up that isn’t real estate focused but that I really enjoyed. This video of Granny and the moron in the Mercedes just cracked me up.
Enjoy…
Granny Airbag
20Jun2007 | Tom Royce | 2 comments | Continued
Subprime Lending Fallout
The subprime lending fallout is occurring and it will be with the real estate community for the next couple of years. A previous post showed the Top 10 Markets With Highest Mortgage Risk but a great analysis by Michael Cook at Bloodhound Blog shows how it affects many different markets and funds, and why a [...]
20Jun2007 | Tom Royce | 0 comments | Continued
Top 10 Markets With Highest Mortgage Risk, Summer 2007
The PMI Group has come out with their summer analysis of the metropolitan regions that have the highest risk of housing losing it’s value in the next two years. The Riverside region of California is leading the way followed closely by Phoenix and Las Vegas. All 3 of these regions experienced huge housing gains in 2004 [...]
20Jun2007 | Tom Royce | 2 comments | Continued
Roger Staubach Retires As CEO of The Staubach Co.
Roger Staubach, NFL Hall of Famer and founder of The Staubach Co., has decided to step down as the CEO of the company he founded after his football career. He will remain with the company as executive chairman to serve as a figurehead but will relinquish day to day running of the company to Gregory [...]
20Jun2007 | Tom Royce | 0 comments | Continued
Want to Be Lucky? You Better Work Your Behind Off For It
Many people think that being lucky is something that just happens. However, as my Dad has told me my whole life, luck has a much better chance of finding you when you work 70 hours a week.
Scott Ginsberg, The Nametag Guy, has learned that lesson and made 20/20 discussing it. It is definately worth [...]
In The Mail: Diary of a Real Estate Rookie
Columnist at Inman News and occasional e-mail friend, Alison Rogers, has put out a new book that looks interesting, Diary of a Real Estate Rookie. It is on the nightstand and I am looking forward to reading it.
19Jun2007 | Tom Royce | 0 comments | Continued
Luxury Trends in New Home Design For 2007
Even with the slowdown in home construction, there are still amazing homes being built with new designs and trends that are rising to the forefront. The Wall Street Journal has some of the key things to notice these days:
Lot sizes are shrinking – With smaller lot sizes, designers are looking to maximize the space used [...]
19Jun2007 | Tom Royce | 2 comments | Continued
Housing Starts Decreased in May 2.1 Percent, Down 24 Percent Year over Year
Housing starts off in May, and down 24 percent year over year. To me this is good news as builders are slowing the inventory on the market and allowing things to settle down.
Starts decreased 2.1% to a seasonally adjusted 1.474 million annual rate, after rising by 1.0% in April to 1.506 million, the Commerce [...]
19Jun2007 | Tom Royce | 0 comments | Continued
It is possible that you are right. I do believe the solution is (what is happening now) allowing home mortgagees ...
I work in real estate and I must say that this is some troubling information, however, I am confident that ...
I saw this earlier today and thought the exact same thing, Tom. The politicians have been pushing homeownership for ...
I just found your blog and it's filled with great information. One of my goals this year is to update ...
Thanks for the kind words. I promise you the first year we did not have this level of readership. It ...
The limit on jumbo's is either 417,000 OR it is 115% of the median house price, not to exceed 150% ...
Yes, there are some deals out there. While there are some deals out there, I'm an agent looking for ...
With mortgage rates poised to drop to 4.5 percent all we need now is some tax incentives to help home ...
I think the overall interest in refinancing was definately high recently. However the problem is that although the rates dropped, ...
