Archive for June, 2008
Standard Mileage Rate Deduction Increase July 1st, 2008
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Here is some great news for real estate agents come July 1st:
Starting July 1, 2008, the standard mileage rate for business miles is being increased to 58.5 cents per mile. The rate is currently at 50.5 cents per mile. [...]
24Jun2008 | Tom Royce | 1 comment | Continued
Case Shiller Report Down 15.3% For April 2008 In Past Year
Breaking, I will update this later on today. The one silver lining is that the experts were predicting a 16 percent drop.
he S&P Case-Shiller home price continued to deteriorate in April as the 20-city composite index posted a record annual decline of 15.3%. The Case-Shiller index has fallen every month since peaking in July [...]
24Jun2008 | Tom Royce | 0 comments | Continued
Realestate.com.au Glitch Causes 17% of Leads Not To Arrive
Real estate agents in Australia are spitting mad at Real Estate Australia, owner of realestate.com.au, the leading real estate portal in the country. The lead generating engine for the company has failed to forward nearly 17 percent of leads that came through the system due to an email glitch.
Real estate agents are upset, and [...]
Las Vegas Sales Up, Prices Down As Bottom Nears
Good news on the pre-existing sales numbers coming out of Las Vegas.
As a ground zero city for the housing crisis I tend to watch Las Vegas closer than most cities. So when news cam out that May resales were up even with prices down, it is cause for mild optimism.
Las Vegas could barely [...]
IRS Has a Heart - Waives Housing Limit For Iowa and Indiana Storm Victims
Who says the IRS has no heart?
The Internal Revenue Service has waived some limitations of the low-income housing tax credit in Indiana and Iowa so that owners of facilities in these states can provide housing to victims of recent storms and flooding.
The action is expected to expand the availability of housing for disaster victims [...]
1 Million Visitors - Thanks To Every One Of You!
Today was a milestone. Sometime after 11:00 PM we had our millionth visitor come to The Real Estate Bloggers.
It has been a great ride, nearly 3 years and going strong. Thank you all for your continued support!
Basic Seach Engine Optimization Advice
Matt Cutts is featured in an article in USA Today on search engine optimization. The article is noteworthy because it takes this geeky term SEO and gives some very basic but important steps that the average real estate agent can understand.
We who work online all the time often forget that some of this stuff [...]
San Francisco : Disneyland For Yuppies?
San Francisco is forcing out the middle class from the city. The city has bifurcated. To live there you either have to be very well off or qualify for subsidies. The large middle class has been pushed out to the suburbs.
Of course, when you have a government that puts excessive regulation on the construction of [...]
Some Signs Your Mortgage Broker Was Not On The Up and Up
One of my favorite writers is James Lileks. He is a brilliant and warped individual who shares my sense of humor.
Well James has come up with his analysis on how to tell if your mortgage broker was not on the up and up during the lending madness of the past few years.
Enjoy!
Accepted Monopoly money and [...]
22Jun2008 | Tom Royce | 0 comments | Continued
Latest Celebrity Foreclosure: Pacman Jones Losing Tennessee Home
The of the rich and famous is fraught with keeping up with the Jones. When you are Pacman Jones, keeping away from law enforcement is a full time job.
The latest law enforcement official to knock on Pacman’s door is the sheriff with the foreclosure notice of his Williamson County, Tennessee home. The bank has [...]
It is possible that you are right. I do believe the solution is (what is happening now) allowing home mortgagees ...
I work in real estate and I must say that this is some troubling information, however, I am confident that ...
I saw this earlier today and thought the exact same thing, Tom. The politicians have been pushing homeownership for ...
I just found your blog and it's filled with great information. One of my goals this year is to update ...
Thanks for the kind words. I promise you the first year we did not have this level of readership. It ...
The limit on jumbo's is either 417,000 OR it is 115% of the median house price, not to exceed 150% ...
Yes, there are some deals out there. While there are some deals out there, I'm an agent looking for ...
With mortgage rates poised to drop to 4.5 percent all we need now is some tax incentives to help home ...
I think the overall interest in refinancing was definately high recently. However the problem is that although the rates dropped, ...
