2007 September : The Real Estate Bloggers

Archive for September, 2007

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Marketing Commercial Real Estate as “Lucky Building” To Entreprenuers

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!PayPal, Google, Logitech.
These are some of the companies that got started in the commercial buildings that the Amidis family of Silicon Valley own. They are calling it the “Lucky Building” in their marketing material and they may be [...]

14Sep2007 | Tom Royce | 1 comment | Continued
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The Lifestyle Remains

There is so much fear in the real estate world. When things were zooming through the roof many folks thought that it would continue indefinitely and built their world around the successes never expecting a downturn. Seeing this cartoon by Hugh MacLeod got me thinking that the fear and issues are self induced. Expansion in [...]

13Sep2007 | Tom Royce | 0 comments | Continued
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Countrywide Lending Falls Off 17 Percent in August

The bellwether indicator for the mortgage industry has to be Countrywide Financial as they are the 500 pound gorilla of the industry. So when business is off 17 percent from August of last year, you know that the landscape has changed drastically.

Countrywide Financial Corp (CFC.N), the largest U.S. mortgage lender, said on Thursday its mortgage fundings slid [...]

13Sep2007 | Tom Royce | 0 comments | Continued
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Real Estate Investors, Are They Getting Out or Just Moving On

Builders thought they were building for homeowners in hot spots such as Florida, Las Vegas, and parts of California. In reality, the true market drivers in these areas were real estate investors who were constantly trying to time the markets. When the investor class pulled out of the market, a huge overhang of inventory of [...]

13Sep2007 | Tom Royce | 5 comments | Continued
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Top 10 US Cities With Overextended Homeowners

If you are looking for markets where the a good percentage of the homeowners are overextended, we have the list for you.
These are the markets that have the highest percentage of homeowners paying more than 50 percent of their incomes on housing costs. The combination of rising property values, rents, mortgage interest rates, property taxes, [...]

12Sep2007 | Tom Royce | 2 comments | Continued
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As Commercial Real Estate Slows Down, Bad Deals Fall Off the Table

Let’s face it, when a feeding frenzy happens those eating do not get very particular. With the cheap credit and huge deals driving appreciation in the top end commercial markets, there were deals on the table that a sober analysis would send the buyers racing for the exit. But there was a feeding frenzy going [...]

12Sep2007 | Tom Royce | 1 comment | Continued
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Thank You Sponsors and Readers!

Sponsorship of The Real Estate Bloggers is what lets me continue to provide the content that you enjoy every week. Since this site is not used to promote any service that I personally offer, one of the way’s that I keep my growing boys fed is through the wonderful sponsorships by these fine companies.
So [...]

11Sep2007 | Tom Royce | 0 comments | Continued
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Subprime Depressing Home Sales By 5 to 10 Percent

I found this nugget is a story out of Dallas. A Freddie Mac economist speaking at the Five Star Mortgage Default Servicing Conference stated that the subprime market fallout is causing home sales to drop by 5 to 10 percent overall. This is a pretty huge number, but I am wondering if it is a segmented [...]

11Sep2007 | Tom Royce | 2 comments | Continued
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95-year-old Spanish Blogger Making Waves: Update 107 yr old Aussie is Oldest Now

For those of you that think you are too old to do this internet thing and start your own blog, here is the heartwarming story of Maria Amelia Lopez of Spain who decided to start her own blog. And did I mention she is 95 years old.
I really think this is awesome.

Her readers call her [...]

11Sep2007 | Tom Royce | 3 comments | Continued
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Georgia Realtors Face Large Fine For Failing To Disclose Political Contributions

If you are a Realtor in Georgia, you may indirectly be a party to campaign violations in the last election cycle. What the Georgia Association of Realtors call a mistake, the State Ethics Commission calls election fraud. More than $400,000 in campaign contributions were never disclosed during the 2006 election cycle.
Odds are this is [...]

10Sep2007 | Tom Royce | 0 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
    • The limit on jumbo's is either 417,000 OR it is 115% of the median house price, not to exceed 150% ...
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      Jackson Hole Real Estate Broker Rick Armstrong | 5Jan09 | More
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      Todd Covington | 5Jan09 | More
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