Real Estate Blog, Mortgage, and Development News
Today is Saturday, July 05th, 2008
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!In the battle to get the billion dollar Kia Automotive Plant that is planned to be built in the Southeast United States, Lowndes County in Mississippi is preparing to offer KIA a 23 million dollar incentive package. West Point, Georgia […]
15Feb2006 | Tom Royce | 0 comments | ContinuedThe after effects of Hurricane Katrina are still being felt. So many people relocated to other areas of Louisiana after the hurricane to stay with friends and family, that the Parish of St. Tammany could build 10,000 homes tomorrow and they all would be filled. So as we all lament that some areas of the […]
10Feb2006 | Tom Royce | 1 comment | ContinuedAs the market tightens and it is harder to find lending opportunities for the mortgage industry, I think that cases such as this will pop up more and more often. It is a dangerous precedent to set letting the companies off with such a low fine as predatory lenders will think that predatory lending is […]
4Feb2006 | Tom Royce | 0 comments | ContinuedThe Atlanta City Council Zoning Committee has more sense than the mayor, as they recognized that by not allowing certain areas of the city to have much more restrictive zoning than others, they were creating an unfair disadvantage for some. With this they shut down Shirley Franklin’s McMansion Moratorium that precluded builders from performing tear […]
3Feb2006 | Tom Royce | 1 comment | ContinuedA 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 […]
The rumors circulating around the potential development of a new 2 billion dollar Kia Automotive Plant in Mid Western Georgia are getting heated. Alabama Senator Richard Shelby may have let the cat out of the bag, or given us a hint that the deal may be close.
In a town hall-style meeting in LaFayette Friday afternoon, U.S. […]
1Feb2006 | Tom Royce | 1 comment | ContinuedThe speculation market in the Florida condo market is coming to an end, just as thousands of units are coming onto the market. South Florida is seeing the fastest turn around in the marketplace. Home owners should not fear this development, but do not expect a condo to increase in value in the short term.
“Everybody can’t […]
1Feb2006 | Tom Royce | 0 comments | ContinuedThe Grand Strand, which is the coastal region of South Carolina surrounding Myrtle Beach, showed a strong increase in sales in 2005. This accompanied a strong increase of throughout the state of South Carolina which showed sales increases of 23% in volume and average price per home increased by 9.6% year over year.
Along the […]
24Jan2006 | Tom Royce | 0 comments | ContinuedAtlanta preservationists have won a short term victory by stopping tear downs to protect older neighborhoods from people building “McMansions” amongst the bungalows. The city will bring this up for a vote to determine to extend the moratorium for 120 days while they study the issue.
The moratorium applies to five Atlanta neighborhoods that have […]
21Jan2006 | Tom Royce | 0 comments | ContinuedHarrah’s Entertainment looks to be reinvesting in Biloxi, Mississippi after the devestation from the previous hurricane season. Biloxi’s Mayor A.J. Holloway has told the local media that 2 casinos will be built in Biloxi, with an announcement to come shortly from Harrahs and Gov. Haley Barbour.
According to the report, Holloway said Harrah’s will build two […]