Archive for January, 2008
What Kind of Cat are You as a Real Estate Agent?
I was reading an interesting interview in a Tacoma, Washington newspaper, The Ledger. The subject was real estate coach Michael Russer who was discussing how real estate agents can use the internet.
What caught my eye was this question.
Where do you see things headed in relation to how the real estate industry uses the Internet?
A. [...]
Loving Market Economies, Winnepeg Seminar Brings Buyers To Arizona
A weak dollar, a soft market, and snow bunnies is a great combination for a couple of Phoenix real estate agents. They got away from the water cooler complaining about the slow market, headed up to Winnipeg and put on a seminar on buying housing in Phoenix.
And guess what, they have a raft of potential [...]
Smug Renters Replace Proud Homeowners in Los Angeles
Off to a hockey tournament but an article at the Los Angeles Times caught my eye this morning. Back in 2005 the pressure to buy a home was intense on the 20 somethings. Now the tables have turned and those that did not buy have a name, the smug renter. Instead of worrying about when [...]
26Jan2008 | Tom Royce | 2 comments | Continued
For Foreclosures Is This “The Year Of The Rat?”
One of the unforeseen effects of a foreclosure is the reduction of the quality of life in the surrounding area. During the summer time mosquito’s breeding in an untended pool pose a health hazard. But for some people the real problem is an age old one, the rat.
Rats can find empty houses and seeing that [...]
Existing Single-Family Home Sales Drop 2.2 Percent In December – 13 Percent For Year
Closing out a tough year as the real estate markets catch up after years of significant growth, December housing sales dropped 2.2 percent.
I am sure that I speak for many saying good riddance to 2007 and that 2008 will allow the real estate markets to find their footing.
Sales of existing homes fell in December, [...]
24Jan2008 | Tom Royce | 2 comments | Continued
HouseValues Lays Off 45, Was Active Rain The Big Bet To Save The Company?
When HouseValues invested 2.75 Million in Active Rain my first reaction is that they were buying eyeballs for their product.
The announcement 2 days later that HomeValues is laying off 45 and ditched their CFO makes me worried that there is lots of rot in the organization. To invest in a company like Active Rain that is [...]
Sears Spins Off Commercial Real Estate
In a move to strengthen a struggling company, Sears has reorganized into 5 major units. The interesting point for us is that there will be a real estate unit. Speculation is that the company will be selling off some if not all of it’s 765 company owned stores.
While this strategy would have been great a [...]
Mexican Housing Boom’s While USA Housing Swoons
In an interesting twist, as the United States housing market is hitting the dip after a huge run up, the Mexican real estate market is taking off. The combination of new lending rules, a history of self financed homes, and a shortage of 6 million dwellings in the country is providing the spark for the [...]
23Jan2008 | Tom Royce | 5 comments | Continued
New Dilbert Widget
If you are a fan of Dilbert, check out the new widget that Scott Adams just released. I have it on my right sidebar for your enjoyment to test out.
22Jan2008 | Tom Royce | 1 comment | Continued
Fed Cuts Interest Rate by 3/4 of a Point
In a surprise move, the Federal Reserve has cut the federal fund rate by .75 percent down to 3.5 percent after a global sell off occurred in overseas markets. The Martin Luther King day holiday had US markets closed allowing the Fed to take this preemptive move.
It will be interesting out there when the market [...]
The pit we've gotten ourselves into just seems to be getting deeper and deeper. Is the government going to end ...
Although I agree on most points, I would like to point out that most of the banks that are being ...
http://killeen.craigslist.org/apa/1474341211.html
There is one of the scams 
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 ...
