Archive for June, 2009

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How Springfield, MO Is Facing Big Real Estate Trouble

Are you wondering why the grass is not being mowed in your city this summer, or services that you took for granted are disappearing? One thing you know for certain is that your property tax bill is not going down even as your property values are shrinking.
Where is the money going?
Most likely, it is heading [...]

4Jun2009 | Tom Royce | 2 comments | Continued
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Meet Tim Geithner, Treasury Secretary and Failed Home Seller.

Having trouble selling your home? Well, you are in good company.
Meet Tim Geithner, Treasury Secretary and failed home seller.
Geithner, 47, was trying to sell the brick and stucco Tudor-style home, the listing shows. The house on Maple Hill Drive has five bedrooms, about 3,600 square feet, and an eat-in kitchen with Siematic cabinetry and black [...]

4Jun2009 | Tom Royce | 0 comments | Continued
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Internships For Real Estate Students Hard To Find This Year

If you are a college student looking to intern with a real estate company this year, good luck. The prevailing wisdom is that the internship possibilities are few and far between as real estate firms of all types have hunkered down.
That is not to say that there are no opportunities. If I had to [...]

2Jun2009 | Tom Royce | 5 comments | Continued
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Alert The Media – Banks Are Making Commercial Real Estate Loans

If you listen to the media, you would think that commercial real estate lending is dead in the water. That is what the politicians in Washington are saying and is conventional wisdom in some quarters.
But it is not true. Lending is still going on, the only real sector of commercial real estate lending that [...]

2Jun2009 | Tom Royce | 2 comments | Continued
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$1 Million Real Estate Coupon – Thinking Outside The Box

I love this!
When you are having trouble selling a house in a unique market, think outside of the box. That is what Lani Belisle and her seller in Fort Myers, Florida are doing. They have a $7 million dollar listing that is not moving, so they created a $1 Million dollar coupon to be applied [...]

1Jun2009 | Tom Royce | 11 comments | Continued
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Coldwell Bankers Beg The Government Week Is On

Hey Coldwell Banker brokers, franchisees and agents. Stop servicing your clients this week and ignore your business, corporate has a new job for you.
This week is “beg the government for more handouts week” at Coldwell Banker. You see, during the first week of June (should be one of the busiest weeks of the year) [...]

1Jun2009 | Tom Royce | 3 comments | Continued
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John L. Scott Real Estate Incorporates New Sharing Tool Into Real Estate Site

John L. Scott Real Estate, a large Northwest Realtor, has launched a new tool to help potential home buyers share their listings with friends and families. The new tool, JLSConnect, has some merits, but also has some definite weaknesses.

Using JLSconnect, John L. Scott provides increased customer value during the process of shopping for a [...]

1Jun2009 | Tom Royce | 5 comments | Continued
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    • Not sure this program passes the common sense test. Isn't it true that the governments management of the housing industry ...
      Bruce Dietz | 14Mar10 | More
    • Wow these numbers are mind boggling. I've heard that we were looking at an influx of foreclosure properties but.........
      Bruce Dietz | 14Mar10 | More
    • Well, it's March 2010 and I have not seen much of a change in the economy in Indianapolis, Indiana. Maybe ...
      Mike Woods - Indianapolis Real Estate | 14Mar10 | More
    • Coastal cities are fragile in the face of a catastrophe like this. The buildings would be destroyed in minutes.
      Millena Trust | 14Mar10 | More
    • As a potential first-time home buyer, I have zero confidence that I would be making a smart investment in purchasing ...
      Lori | 14Mar10 | More
    • I also found on craigslist a home in Avon, Hartford County, Connecticut, with pictures. Then when I received the following ...
      Dan D | 13Mar10 | More
    • I want to know how many of you voted for "Good Ole Change"??? HAHA! How's that change working out for ...
      GOTTA LAUGH | 13Mar10 | More
    • Nina, although you seem like the ultimate heartless bitch I still sincerely pray that you are never in poor Mr. ...
      john | 12Mar10 | More
    • This is a sign that the crisis is passing. Residential and office should be released soon.
      Millena Trust | 12Mar10 | More
    • It sounds like it really depends on consumer confidence then. I feel like if people do start spending their money ...
      Fort Collins Realtors | 12Mar10 | More
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