Archive for October, 2009
Who Will Refinance All The Commercial Real Estate Debt
One of the questions I am hearing more of is “Who will refinance the commercial real estate debt?” This is not an idle question, as opposed to the residential real estate market, refinancing or rolling over debt is a big part of the commercial real estate business.
And with the falling values and lenders on [...]
Probe of Lend America’s FHA Loan Program
If you are dealing with Lend America and looking to get a FHA mortgage, give this article are read from the Wall Street Journal. The company could be facing a shut down of their ability to continue making FHA loans in the near future.
With the ending of the $8,000 tax credit for first time [...]
Top 10 Places To Retire in the United States in 2009
Are you looking to retire and live a great life? Aren’t we all. Well, if you are making your decision in this turbulent economic time, the first choice according to Forbes Magazine is Atlanta, Georgia.
Why Atlanta and not Miami? Glad you asked. The main reason is cost of living and housing. Living in Florida [...]
IRS Auditing 100,000 Home-Buyer Credit Recipients
If you are looking to take the $8,000 Home-Buyers Credit you better have you ducks in a row according to reports coming out of Washington. The IRS is going to be paying special attention to those taking the credit on their taxes.
The powers that be in Washington are smart, never forget that. And craft. And sneaky. [...]
California Makes Solar Powered Rooftops A Smart Move
Rarely does the state of California’s government make an intelligent move, but today I have to give them congratulations.
The state enacted a new law that will require utility companies to buy electricity from homeowners and businesses that the generate that exceeds their usage and flows back to the power grid. Ideally, instead of having [...]
Want To Live Like Tom Brady? 10.9 Million Will Get You His Boston Penthouse
Tom Brady, New England Patriots quarterback and tabloid hero, is selling his Boston Beacon Hill penthouse for a cool 10.9 million dollars. Giselle not included.
If you are looking to see how the 3 time Super Bowl quarterback lives this is your opportunity, and with the passion shown by New England Patriot fans, there probably [...]
The Peter Cooper – Stuyvesant Town Blunder Soon To Be A Bankruptcy?
Peter Cooper – Stuyvesant Town sets record deal at 5.4 billion dollars read the headlines. One of the biggest real estate deals ever and the new owners were going to use their acute business acumen to turn the community from a rent control paradise to a high rent district.
The boys at Tishman Speyer Properties are [...]
Some Interesting Real Estate Employment Statistics
Dana Mattioli in the Wall Street Journal has an article on what real estate agents are doing to supplement their incomes during the downturn. But in the article there are 2 amazing paragraphs of statistics that are worth sharing.
Realtors, agents, brokers and builders rely on sales and commissions for most of their income. And their [...]
Illinois Real Estate Agent Wins National Chili Cookoff Title
I was talking with a non real estate networking expert yesterday and the topic of standing out from the crowd came up. When I saw this story it segued perfectly into the conversation.
Ill. real estate agent wins world chili cookoff
A 52-year-old Illinois real estate agent has won the world championship cookoff of the International [...]
13Oct2009 | Tom Royce | 0 comments | Continued
The HomeSteps-SmartBuy Program Ends This Month
If you are looking for a quick buy of a foreclosure and want to save some significant cash, you better get moving to participate in Freddie Mac’s The HomeSteps-SmartBuy program. The program that will cover your closing costs if you buy one of the Freddie Mac owned foreclosures is ending at the end of the month.
A pretty [...]
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
I see the question I have, but no response. I do not have a for sale sign up ...
I'll add mine to the list too. This is happening in Kansas City, Missouri as well now.
We already knew ...
