Real Estate Sales

How to Sell in a Down Market

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Anyone can sell a home in an overheated market, but it takes some skill to move your home when the market slows down and sales skills take a precedence.

Who knows for sure where your local real estate market [...]

27Nov2005 | Tom Royce | 1 comment | Continued

The Mortgage Deduction Battle Looms Ahead

As the Presidential Tax Reform Panel proposes a reduction in the home mortgage deduction, so does the real estate lobby prepare to battle to preserve the whole tax deduction.

Key provisions of the plan would:

Limit tax breaks to mortgage loans on primary homes.
Replace the mortgage-interest deduction with a tax credit equal to 15 percent of the [...]

11Nov2005 | Tom Royce | 1 comment | Continued

Toll Brothers See New Homes Sales Slow Down

The largest builder of luxury homes, Toll Brothers, announced that the sale of high end homes have started to slow. After experiencing record profits over the past year, they are anticipating the next 12 to be slower.

High gas prices and the recent hurricanes seem to have rattled consumers, causing some to delay purchases of houses, [...]

9Nov2005 | Tom Royce | 0 comments | Continued

Selling? Get a Top Flight Chef For Your Open House

As the housing market slows in some parts of the country, the better realtors are digging into their bag of tricks. Instead of just throwing an open house and sitting around waiting for people to show up, the high end realtor is bringing out her bag of tricks.
Things such as A-List chefs and invitations [...]

5Nov2005 | Tom Royce | 1 comment | Continued

A Bubble Bloggers Round Up

Some of our favorite real estate blogs articles from the last couple of days.
The Housing Bubble 2 has an article on the debt that even higher income families are coping with to support thier lifestyles, especially housing costs.
The Bubble Meter has a perceptive post on bubbles and the effect globalization has the real estate market.
The [...]

2Nov2005 | Tom Royce | 0 comments | Continued

New Toys Means Redesigning New Homes

Ten years ago, when a new home was built, the builder made sure there was a nook for the television set. Everyone wanted the built in look, with the television out of site. Now we are ten years later and the flat screen television is the showpiece. These televisions are designed to be placed on [...]

29Oct2005 | 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

Want to Become A Real Estate Agent? Probably Better Off Waiting

Being a Real Estate agent in the boom years is a fairly easy job if you are the type who can find listings. Houses move quickly, take very little effort to sell, and the commissions are nice to take home at the end of the month.
But when the market slows down, selling a house is real [...]

26Oct2005 | Tom Royce | 4 comments | Continued

Housing Hurts Recruiting in Nothern New Jersey

You grew up in Northern New Jersey, went off to school and were fairly successful. Lived in Alpharetta, Georgia in your 3,500 square foot house, but wanted someday to get back to ‘Jersey’. So you put your name in the hat for a job, got it, and then looked to relocate. On the street you grew [...]

19Oct2005 | Tom Royce | 0 comments | Continued

Palm Beach Florida Worries Arise Over Housing Costs Outpacing Pay

The Palm Beach Post has an article on a potential housing squeeze as Florida housing prices 24.5% over the last 12 months that ended June 30th, while income rose only 5.4%. While we all love housing appreciation, when it causes a displacement of workers it can be troublesome. Low income workers are a necessity to the [...]

19Oct2005 | Tom Royce | 0 comments | Continued