South

Riviera Beach a case of “Reverse Robin Hood” ?

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!You have to wonder about taking ones house without your approval to build a massive development by force. Riviera Beach government is in the process of relocating 6,000 residents to develop a 400 acre site. Yes they will be [...]

12Dec2005 | Tom Royce | 0 comments | Continued

Through Boom or Bubble: Investors Are in the Middle of Florida Real Estate

From Miami to Panama City, investors play a major role in the Florida real estate market. Yes, Florida is having a huge population boom which also has brought with it low unemployment and higher wages. It is also been a magnet for international jet setters purchasing waterfront real estate, especially in the Miami area.
The difference [...]

6Dec2005 | Tom Royce | 0 comments | Continued

Florida Real Estate Shows Big Gains

It looks like the housing bubble has not started to effect Florida yet as housing prices are increasing throughout the state.

Across Florida, 64,978 homes changed hands during the three-month period for a seven percent increase over the 60,462 homes sold in third quarter 2004, according to the Florida Association of Realtors.

The statewide median sales [...]

23Nov2005 | Tom Royce | 0 comments | Continued

A Quarter of New Orleans Homes to Be Bulldozed

New Orlean’s damage from Hurricane Katrina may lead to the forced destruction of at least 25 percent of the homes in New Orleans. This is much better than the initial reports of the destroying the whole city, but these numbers sure are sobering when looked at from outside.
The Houston Chronicle reports:

Really, the whole scope of [...]

23Oct2005 | Tom Royce | 0 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

Real Estate Speculation Moves in to the Gulf coast States following hurricane Katrina & Rita

One if the consequences of the aftermath of hurricanes Katrina and Rita that have hit the Gulf Coast is the speculation buying that has begun. Damaged homes, lots with rubble, and houses in states of disrepair have “For Sale” signs on them as “Placards announcing “We Buy Houses, Cash!,” are posted on corners throughout [...]

10Oct2005 | Tom Royce | 0 comments | Continued

Alabama Residential Real Estate Market Humming

Despite a slow down the last couple of months, the real estate market in Alabama has been on fire this year. The Birmingham Business Journal reports that Alabama homes sales rose 6.08 percent compared with August 2004. August 2005 sales totaled 40,307 units.

Year-to-date average sale price — that is, the average price from January [...]

6Oct2005 | Tom Royce | 0 comments | Continued

The Rebirth of New Orleans

The Rebirth of New Orleans will most likely come through the realtors. There is a huge expectation that the renewal efforts, combined with the largest rebuilding project ever attempted in the countries history, will create huge opportunities in New Orleans and the Gulf Coast.
The Chicago Tribune has a good article on the rebirth:

All dressed up [...]

4Oct2005 | Tom Royce | 1 comment | Continued

Birmingham Builder sited for OSHA Violations

As the need for builders in the southeast increases, and the expenses for getting new crews out to building sites, there will be more corners cut trying to save overhead and expenditures. OSHA will have to be extra vigilant to monitor the workplaces over the next couple of years.

Federal labor officials have proposed $131,200 [...]

3Oct2005 | Tom Royce | 0 comments | Continued

Builders are in Short Supply in Gulf Coast Region

After the Hurricanes that have devastated the gulf coast, there is a desperate need for builders to be in the area. Unfortunately, many of the local builders though are as devastated as the rest of the people in the region. They are missing their tools, trucks, equipment, and their own houses and offices. They are [...]

3Oct2005 | Tom Royce | 0 comments | Continued