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Tag: real estate

Real Estate: Was Moving To Pensacola A Mistake?

Real Estate: Was Moving To Pensacola A Mistake?

Pensacola got hit with a tornado last week, an event which raises a question: Was moving eight months ago to a place with great beaches and no state income tax a mistake? Surely that’s a question which must have occurred to someone. After all, a tornado that squashed an apartment building, uprooted trees and damaged […]

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Auction.com Set To Sell American Chopper Building

Auction.com Set To Sell American Chopper Building

American Chopper is back in the news. The company’s iconic headquarters building – which symbolized the enormous success attained by Orange County Choppers – will soon be auctioned off. American Chopper was unlike any television show in recent memory, or maybe ever. Over 165 episodes it illustrated the inner workings of the American workplace, something […]

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Real Estate Stats Super Bowl Refs Don’t See

Real Estate Stats Super Bowl Refs Don’t See

What really happened in real estate between the first Super Bowl in 1967 and the 50th version which just took place in San Francisco? Figures from the Census Bureau and other sources tell us that in many cases measurable things are vastly better — and in other situations not so much. The first Super Bowl […]

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Breaking News: US Real Estate Prices Reach Record High

Breaking News: US Real Estate Prices Reach Record High

With real estate prices consistently rising you knew it had to happen and now it has: According to the federal government US home prices nationwide have finally topped the old record high set in March 2007. The figure comes from the monthly House Price Index (HPI) issued by the Federal Housing Finance Agency (FHFA). Each […]

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What Happened To Real Estate Prices in 2015?

What Happened To Real Estate Prices in 2015?

Real estate values increased substantially in 2015 but did they increase enough? “The median sales price of U.S. single family homes and condos in October was $207,500, up 1 percent from the previous month and up 10 percent from a year ago — the highest year-over-year percentage increase since February 2014,” according to RealtyTrac, the […]

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Real Estate, Pensacola & The New American Workplace

Real Estate, Pensacola & The New American Workplace

You can see how part of the new American jobs market is evolving. Just look at the office worker above, toiling away on his latest assignment from that folding chair on Pensacola Beach. The American workplace is changing and with it the needs of business. We’re now into the “sharing economy,” a cutesy term which for […]

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Real Estate Booms – So Why Does Confidence Lag?

Real Estate Booms – So Why Does Confidence Lag?

It’s hard to look at 2015 and think that real estate has had anything but a banner year. As of October, according to the National Association of Realtors, home sales are up 3.9 percent when compared with the year ago while existing home prices have risen 5.8 percent. RealtyTrac, the nation’s leading source for comprehensive […]

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Should We Ban Smoking In Public Housing?

Should We Ban Smoking In Public Housing?

It’s been a big week in the world of real estate and smoking. It’s been announced that the adult smoking rate has fallen to 16.8 percent in 2014, the lowest rate on record and down from 20.9 percent in 2004. At the same time, HUD wants to lower the rate to zero in more than […]

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Mortgage Rates: Back In The Dumper Again

Mortgage Rates: Back In The Dumper Again

For all the talk about the Federal Reserve and raising interest rates the fact is that mortgage rates have been headed downward for some time. As of October 8th the cost of a 30-year, fixed-rate mortgage was 3.76 percent according to Freddie Mac, down significantly from the 4.19 percent we saw a year ago. That […]

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Why Real Estate Drones Face Big Limits

Why Real Estate Drones Face Big Limits

The government this week announced that it would seek $1.9 million from a company that flew drones in New York City and Chicago. Given the size of the proposed fine you might think that thousands of flights were involved but that’s not the case, instead the Federal Aviation Administration says it’s going after SkyPan International, […]

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