East

Bloggers Roundup

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The Housing Bubble Blogger has a feature story today on speculators buying up condos in Las Vegas. Interesting take on condo speculation in that town. I had friends who went to UNLV and their parents would buy a condo […]

8Nov2005 | Tom Royce | 0 comments | Continued

Luxury Properties - East Coast

Riverside Drive, New York, New York – $ 5,500,000 5 Bed, 5 Bath3,100 Sq. Ft.. Condo/Townhome/Coop Property, Area: New York, County: New York, Year Built: 1926, View, Waterview, Office Virtual Tour
Washington, DC – $4,395,000, 6 Bed, 4 Bath, 0.22 Acres – RESIDENCE: Originally a part of the historic Evermay estate dating to 1792, this […]

8Nov2005 | Tom Royce | 0 comments | Continued

Boston Real Estate Market Slows

The Boston area real estate market has slowed down according to real estate agents interviewed in an article in the Boston Globe today. The market, which has been rising at a blistering pace over the past 10 years, has turned into a buyers market.

“A weakening housing market will be a significant weight on the […]

28Oct2005 | Tom Royce | 0 comments | Continued

The New York Times Talks About What a Real Estate Bubble is (or isn’t)

What is a real estate bubble? Everyone is working hard to either confirm or deny that a bubble is occurring in the real estate market, but since the definition is so muddy, we can not determine what the parameters are? With the stock market, there is a period where stocks rise quickly, then fall drastically. […]

25Oct2005 | Tom Royce | 2 comments | Continued

Man Sentenced for Real Estate Fraud Scam

Sometimes it does not pay to commit real estate fraud.
Long Island man who tried to flee to Germany and Mexico has been sentenced for masterminding a 3-point-1 million dollar real estate fraud in Nassau County.
The Nassau District Attorney says 35-year-old Sam Hilany of West Hempstead has been sentenced to two to six years in prison,
DA Denis […]

4Oct2005 | Tom Royce | 0 comments | Continued

MA Condo Sales Surge 12%

According to the Massachusetts Association of Realtors:
Condo sales have surged 12 percent in the last year, while single-family home transactions have dropped nearly 8 percent. Has there been a shift in the American Dream?
Instead of a house and yard on a tree-lined street, buyers are increasingly willing to trade acreage and shoveling for […]

23Sep2005 | Tom Royce | 0 comments | Continued

Boston, MA; Its a Bubble. What Bubble?

People have been predicting the housing bubble would break forever. Some many times in fact that even a broken clock was correct more often. From the Boston Globe come the following article, ‘It’s a bubble. So what? Bubble? Maybe. Trouble? Maybe not’.
Ted Duncan remembers how his first clients walked away from the real estate market. […]

23Sep2005 | Tom Royce | 0 comments | Continued