Archive for September, 2007
Watch Out Below – Here Comes Barney Frank and the Feds To Fix The Mortgage Business
Guys and Gals, we have had a rocky road the past year or so, but that will be nothing if and when Barney Frank and his crew from Congress come rolling onto the playground. We are going to see a great deal of “I love you, you love me” come pouring out of his mouth [...]
26Sep2007 | Tom Royce | 0 comments | Continued
After Fed Rate Cuts, Mortgage Rates Continue To Rise
The world markets celebrated last week when the Federal Reserve lowered the Federal Funds rate a half percent. All but those guys at the 10 year bond market. They got nervous thinking the rate cut was too much and could strengthen their arch nemesis INFLATION.
So to combat evil INFLATION, the interest rates for a [...]
Real Estate’s Big One Crash – Lennar Down 35 Percent and Now Finally Cutting Staffing
The major homebuilders all look like they felt that they could accelerate through the housing crash and gain market share from their competitors. If all the others had pulled back and 1 went through the wreck (to use a NASCAR analogy) that company might have done well.
Instead we are looking at all of the [...]
Top 10 Best Places to Retire in 2007
US News and World Report has come out with their annual survey on the Top 10 Places to Retire and the town I live in, Peachtree City, has made the list. After making last years Money magazine survey of best towns in the United States ol’ Peachtree City is doing pretty well. Now all we need [...]
25Sep2007 | Tom Royce | 4 comments | Continued
MIT Facing Housing Cost As Real Estate Market Changes
With the Massachusetts Institute of Technology occupying prime real estate on the Charles River you would think that the housing department would have an easy time with on campus housing, but this article from The Tech shows that housing concerns plague all of us.
The increased utility and maintenance expenses are putting pressure on the housing [...]
W(h)ine Will Go Well With This Manhattan Neighborhood
Peter Miller, occasional writer at the Huffington Post, writes a diatribe against changes in the businesses in his neighborhood.
My New York City neighborhood is under attack, and not by Al Qaeda. The invaders are corporate chain stores, spreading like a disease through our once healthy community. Dozens of small independent businesses along Broadway, the [...]
25Sep2007 | Tom Royce | 2 comments | Continued
American Home Mortgage Starts Bouncing Escrow Checks For Property Taxes
This is a real Scooby Doo moment.
American Home Mortgage, the bankrupt Long Island lender, is said to have bounced property tax checks in 3 states. Maryland, New York, and Washington are reporting that property tax checks from American Home Mortgage escrow accounts are bouncing which is a huge problem.
When people prepay their property [...]
Real Estate Success Stories From Cape Cod, Massachusetts
When the news is good we all feel like superheroes ready to conquer the world. However, when the markets turn and things get difficult it is often easy to hang around the water cooler having a proverbial bitch session every day about how things are unfair and impossible.
But all around us there are success [...]
Historic Oakland Home’s Open House Occurs In Evening
Are you trying to sell homes in a tough market? Then it is time to think outside of the box. Here is a great example of an open house not being shown in the typical Sunday 2–4 window, but instead on a Friday night when the potential buyers would be out and about.
At 9 [...]
24Sep2007 | Tom Royce | 0 comments | Continued
UNC Chapel Hill Gets 4 Million Dollar Grant For Real Estate Education
The real estate market has now shown the power to impact the economy and has a huge place in all of our lives, but 10 years ago the only places that did any teaching on real estate were typically in shopping center store fronts trying to teach would be agents how to pass a test [...]
24Sep2007 | Tom Royce | 0 comments | Continued
Although I agree on most points, I would like to point out that most of the banks that are being ...
The question is when are they going to release them on the market. Las Vegas leads the nation in ...
I keep seeing mentions of Florida's market getting better in multiple blogs. I'm increasingly under the assumption that at least ...
I would like to know more about it. I need to know how you file for it. Please let me ...
Great blog, keep the great content coming! 
If you want to succeed, do not say "we can prevent this in the future." Live in reality. ...
The price of the property depends on its quality and the deal between the management. Good and wise choices are ...
I don't have experience at actualy working in tha automotive bussinnes, but have experience working in a warehouse invironment. ...
