Low Income Housing

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

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!
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 […]

30Aug2006 | Tom Royce | 2 comments | Continued

Landlord Faces Jail Even Though LLC Owned Property - A Real Estate Lesson

Do not think because you have you properties under an LLC or Corporation that you can let them fall into disrepair. A judges ruling in Buffalo, New York says that you can be personally liable if you allow your properties to fall into disrepair as Joy Drati found out. He was extricated from California and […]

16Mar2006 | Tom Royce | 1 comment | Continued

Massachusetts Credit Unions to Provide Discounted Mortgage Program to First Time Home Buyers

I am not sure that this makes a great deal of sense in the housing market in Massachusetts. A consortium of Massachusetts credit unions are offering below market interest rates to first time home buyers who are on the lower end of the income stream. That is all well and good.
But the rub is […]

7Mar2006 | Tom Royce | 1 comment | Continued

Is New Orleans Going to Lose 80% of its Black Population

A study coming out of Brown University states that New Orleans will most likely lose 80 percent of its black population due to the damage created by the levee’s breaking after Hurricane Katrina.
The population has spread out all over the country and region, and the odds of them coming back are becoming slimmer every […]

2Feb2006 | Tom Royce | 1 comment | Continued

Broward County Private Public Low Income Housing

As we have discussed before, one of the growth markets for builders in the coming years is the low end housing market. Broward County has embraced this with a new program that is designed to work with builders to develop properties for low income buyers.
This program puts new fresh homes in areas that are […]

23Jan2006 | Tom Royce | 5 comments | Continued

Housing Concerns and Illegal Immigration

Illegal Immigration is a hot button topic all across the United States, but when it comes to real estate, the issue is being addressed head on in many communities. Very often, homes are rented and then shared by an amazing amount of people. Many communities are meeting this issue head on with zoning rules to […]

17Jan2006 | Tom Royce | 1 comment | Continued

Massachusetts Housing Costs Increased By Government Regulation

Housing prices in Massachusetts may be inflated not solely due to demand. A large proportion of the increased may have been caused by the regulations imposed by state and local governments. A study by Harvard University economist Edward L. Glaeser shows the effect of this excessive regulation.

Since 1980, three regions in Eastern Massachusetts have experienced 200 percent price […]

8Jan2006 | Tom Royce | 0 comments | Continued

Lead Paint Legislation To Hurts Rochester NY Real Estate Values

Lead Paint legislation for the city of Rochester, New York is making low income housing costs go up that could provide pressure on low income housing in the city.

Realtors say the new legislation may drive landlords out of the market and stop others from getting into the market. Members of the Greater Rochester Association of Realtors […]

21Dec2005 | Tom Royce | 1 comment | Continued