Housing

Lennar Announces Huge Loss of 244 Million for 2nd Quarter 2007

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Lennar Home Builders has announced their earnings today and it was ugly.
The company’s total home deliveries were down 28% from last year, while new orders fell 31%. Moving ahead, Lennar anticipates the downturn in the market to continue. [...]

26Jun2007 | Tom Royce | 3 comments | Continued

Understairs Storage - How To Maximize Space In A Small Home

I rarely post cool things about the insides of homes, but this one is just so smart that I had write about it. Instead of wasting space or trying to use the under the stairs space as the most awkward closet in all of existance, a genius decided to put drawers each step on the [...]

1Jun2007 | Tom Royce | 2 comments | Continued

India Real Estate Bubble Bursts As Transactions Are Down 50 Percent

India has had a raging real estate bubble form the past couple of years as demand has been through the roof and organized crime has made inroads into the real estate community. But now it seems the party is over and demand has dropped like a stone.
We think things have slowed down in the United [...]

18May2007 | Tom Royce | 4 comments | Continued

Housing is Personal - Real Estate is Business

This is just a quick note on semantics and the power of them. Searching the web for stories on real estate and housing I find two different tones in the stories.
If I am looking for a story using the term real estate, the stories typically are very authoritative and businesslike. They focus on the [...]

1Mar2007 | Tom Royce | 2 comments | Continued

Off Campus Housing - More Reasons Why It May Be A Good Investment

Earlier this month we talked about the benefits of buying into the student housing market, and now Marketplace has an interview on the benefits of owning off campus housing as a investor and landlord.
I still think this a good local investment if you are hands on and willing to get dirty. College students in [...]

27Feb2007 | Tom Royce | 7 comments | Continued

Corporate Housing Options Growing Nationally

For those looking at relocating to a new job and are scared that you will be stuck in a hotel for forever, there are some options out there that can help you. Corporate housing is an alternative that is coming more and more into favor for those looking to relocate and need a short term [...]

30Oct2006 | Tom Royce | 1 comment | Continued

Winter 2006 - 2007 Heating Forcast Mixed

The home heating forcast for 2006–2007 is looking like a mixed bag. The cost to heat a home with natural gas is expected to decrease by 10 percent if the usuage remains the same. Unfortunately, for homes that are heated with heating oil, prices are expected to be 9 percent higher.
The lack of storms [...]

25Sep2006 | Tom Royce | 2 comments | Continued

Peter Cooper and Stuyvesant Town Now Worth 5 Billion To Met Life?

When we first got word that Peter Cooper and Stuyvesant Town were being considered for sale by Met Life, the asking price was 3 billion and Met Life was not sure that they could get that price. Peter Cooper and Stuy Town have a high percentage of rent controlled units so getting top dollar was [...]

30Aug2006 | Tom Royce | 2 comments | Continued

Home Staging Leaving Big Cities To Go Mainstream

While home stagers are popular on the West Coast and the larger cities across the country, they are now going mainstream across the country. Home staging is the art of merchandising a home so it looks its best for the buyers. A typical home is personalized to the owners style that can impede the sale if done in [...]

7Jul2006 | Tom Royce | 0 comments | Continued

Farm Subsidies to Lower Your Housing Costs

Want to know how to beat the lowering of property values? Build your home on farmland and let the federal government subsidize your property. You do not even have to be a farmer to capitalize on the subsidies the government is handing out like Costco snacks at an open house in San Francisco.
Even though Donald [...]

2Jul2006 | Tom Royce | 1 comment | Continued