2008 March : The Real Estate Bloggers

Archive for March, 2008

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At ReTech South Today

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27Mar2008 | Tom Royce | 0 comments | Continued
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Some Scary Trends in Housing Employment Statistics

If you follow trends then these numbers illustrate how overblown the housing industry has been and the large the impact of the recent downturn has been on employment in the industry.
Simply Hired has a very cool tool for trending job growth (or loss) in specific job categories. These numbers show the demand for specific jobs in […]

27Mar2008 | Tom Royce | 0 comments | Continued
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Palm Beach Kimmel Mansion Sells For Over 75 Million Dollars

Housing prices are dropping nationwide except if you are in the ultra expensive bracket, there the market is holding firm. The Kimmel Mansion on Palm Beach’s Billionaire’s Row has sold for over 75 million dollars according to those close to the deal.
Some of the new buyers neighbors include Netscape founder Jim Clark, rocker Rod Stewart, […]

26Mar2008 | Tom Royce | 0 comments | Continued
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Mortgages and Foreclosures, The Next Political Pinball

Folks, if my political prognosticating hat is on correctly, our real estate industry is going to be front and center in the 2008 Presidential Race. The New York Times, the paper of record and the barometer for how the media covers things, has 2 big articles on foreclosures today as their top stories.
On one hand […]

26Mar2008 | Tom Royce | 4 comments | Continued
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Why I Can Say Things About The Home You Are Listing That You Can Not!

Dustin over at 4Realz.net has an interesting letter he received about a MLS that is looking into opening up their listings to comments. Go give it a read and then come back.
For those of you not wanting to leave it essentially wonders about the issues that the MLS would face opening up homes to comments […]

25Mar2008 | Tom Royce | 4 comments | Continued
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Will Wall Street Cutbacks Hurt New York City Real Estate

New York City’s real estate is tied to the financial center in Wall Street. The co-dependence between the two entities has been shown by the cities rising real estate costs in the face of a national decline. But the gravy train that is Wall Street may be coming to an end by the tightening credit […]

25Mar2008 | Tom Royce | 0 comments | Continued
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Federal Reserves Actions A Direct Result of Washington’s Bumbling

Last weeks actions by the Federal Reserve were not done in a vacuum.
Wall Street is desperately searching for a bottom in the credit markets so they can get back in. They know that their shareholders will be very upset if they deploy major assets before the market gets it legs.
And most thought that Washington […]

25Mar2008 | Tom Royce | 0 comments | Continued
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Why Banks Need To Work Hard Communicating With Potential Foreclosures to Avoid Serious Damage To Homes

You have to imagine that when someone is being foreclosed upon there is going to be a great deal of anger in the arrangement. They are being forced out of their home because they messed up. The homeowner did not fulfill their obligations so they are mad at the bank, mad at the world, and […]

24Mar2008 | Tom Royce | 7 comments | Continued
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Google Calendar Target of Spammers?

If you are like me, Google Calendar has become a major part of your life. Our family all uses it and it has made scheduling issues much easier to deal with as my wife has her calendar, I have mine, and then we have the massive one with the boys schedules on it.
We really […]

24Mar2008 | Tom Royce | 0 comments | Continued
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Tennessee Flying-Saucer House Sells For $135K

Offbeat homes definately have a different vibe to them and selling them has to be a bear for any agent.
To sell this Flying Saucer home in Chattanooga, Tennessee the agent used an auction. And while the price may not have been out of sight, finding a buyer probably was the best thing to happen in […]

21Mar2008 | Tom Royce | 0 comments | Continued