Real Estate Blog, Mortgage, and Development News
Today is Tuesday, December 02nd, 2008
A new study by the firm Fidelity Investments seems to warn off homeowners from counting on home equity as a primary vehicle for their retirement. Now, I am a firm believer in spreading out ones assets…
15Feb2007 | Tom Royce | 6 comments | ContinuedIf you are looking for where appreciation should be the best over the next 5 years, Business 2.0 has come up with a list for you. It measures expected appreciation over the next 5 years and which citi…
13Feb2007 | Tom Royce | 12 comments | ContinuedAs residential real estate is working to find its footing, Real Estate Investment Trusts (REITs) have been soaring over the past year, up on average 35 percent. These are some very positive numbers fo…
2Feb2007 | Tom Royce | 0 comments | ContinuedIf you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The economy has grown at a rate of 3.5 percent for the 4th quarter in 2006, higher than economists projected. Many have said that the slowdown in construction would cause a significant recession in the country by this time. [...]
31Jan2007 | Tom Royce | 0 comments | ContinuedAfter the hurricanes of the past few years, the insurance companies have significantly increased the insurance costs for homeowners living in coastal regions of the southeastern United States. These insurance increases have had a factor in slowing down the housing boom along coastal Florida, Georgia, South and North Carolinas.
If you think about it, it [...]
The buying and holding of real estate over a long term to create wealth is not a surprise to many, but a study out of Canada shows the long term benefits of owning real estate. When you factor that you will have housing costs to pay, and typically hold a mortgage against the property, the [...]
24Jan2007 | Tom Royce | 5 comments | ContinuedBoth London and Manhattan are very expensive cities to buy and live in. And in the face of housing issues in both England and the United States, these cities are holding their own and housing prices are increasing. The main reason is that they are the centers of finance for their countries and the financial markets [...]
23Jan2007 | Tom Royce | 0 comments | ContinuedWhile this is not surprising to those watching the market, Massachusetts had its worst year for real estate in over a decade. While on paper this is a tough year, the price drops are not even touching the equity developed over the past few years so the only ones that are getting dinged are the [...]
22Jan2007 | Tom Royce | 2 comments | ContinuedIt looks like the bubble has not popped in New York City yet. While the suburbs surrounding the Big Apple has slowed, the city itself has seen an amazing appreciation in values.
Repeat after me, All Real Estate is Local, All Real Estate is Local, All Real Estate is…
According to city finance officials, between May [...]
15Jan2007 | Tom Royce | 1 comment | ContinuedWe have discussed the housing market forecast for 2007 some on this site, and will follow it closely as the year progresses and we move from forecast to analysis. A round table was held recently with some of the top industry prognosticators and was covered in the Sun Sentinel by Robyn A Friedman.
David Seiders, [...]
8Jan2007 | Tom Royce | 0 comments | Continued