Archive for July, 2007
American Home Mortgage Facing Liquidation
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!American Home Mortgage Investment Corp. is facing liquidation as they are unable to find additional funding. After being cut off from credit, American Home had it’s share stop trading yesterday.
Another tough hit for the mortgage industry as American [...]
Top 10 Most Expensive States For Mortgage Closing Costs For 2007
When buying a home, mortgage closing costs are an important part of the equation in figuring out what needs to be brought to the table. One thing that the housing slowdown has done is brought overall closing costs in the United States down almost 300 dollars from 2006. The average closing costs for 2006 were $3.024 [...]
31Jul2007 | Tom Royce | 2 comments | Continued
Ohio Teachers Pension Fund Focusing on Real Estate
The investment by major pension funds in domestic and international real estate is increasing. CALPERs made a big announcement earlier this month, now the State Teachers Retirement of Ohio is looking invest an additional 100 million in real estate plus purchasing 500 million more after a major property sale from it’s portfolio.
The large pension funds are a [...]
Apartments.com and Yahoo Real Estate Join Forces
Apartments.com and Yahoo Real Estate signed an agreement to have Apartments.com as their featured apartment listing provider for the online service. The agreement brings over 3 million apartments into Yahoo Real Estate’s portfolio.
One thing I do like about Apartments.com approach is they do not have registration process to view the apartments. Many of the [...]
Dubai Real Estate Institute To Develop Programs With USC
One thing about real estate in Dubai is they do not do things halfway. When they build their buildings the results are world class. Now to increase the level of real estate education, the Dubai Real Estate Institute has joined forces with the noted School of Planning and Development at the University of Southern California. [...]
31Jul2007 | Tom Royce | 4 comments | Continued
Are Pandering Politicians Hurting Future Homeowners?
A writer for the Los Angeles Times, Paul Thornton, editorializes about the added cost that the government is putting into his homebuying quest. I will let Paul make his point below, but the pandering of Presidential politicians to the public during election periods always has a cost. Typically it is the promises of pork for [...]
30Jul2007 | Tom Royce | 0 comments | Continued
Pet Friendly Real Estate Agents Thriving In Marketplace
In a slower market finding one’s niche in selling real estate is more and more important. One of the ways to align with customers needs is to find common interests. There are many pet owners looking to buy or rent and would look to use the services of real estate agents who specialize in finding [...]
29Jul2007 | Tom Royce | 5 comments | Continued
Zip Realty Adds Short Sales To Search Results
With the rise of short sales by homeowners behind on their mortgages, Zip Realty has added the ability to search for homes that are being offered as short sales.
A short sale is when a home owner is unable to pay on their mortgage and the home that they have can not be sold for [...]
Thank You Sponsors!
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Estately Rolls Out New Feature, True Areas
Estately, the search engine for homes and agents, has now rolled out a pretty cool new feature, True Areas. The search mashup in the past gave you large, global searches of a region like everyone else. However, with True Area Search, Estately offers pinpoint searches. So you can search for all homes within a half [...]
28Jul2007 | Tom Royce | 0 comments | Continued
My mom told me to put the statue in the ground, just seems wrong to me but I did it. ...
What about RE/MAX Commercial? Where this classification came from?
I am pretty sure RE/MAX Commercial in volume sales must be above ...
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
I have the same situation. I sold my home in July and am scheduled to to close in a few ...
