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Success Tips From a Real Estate Tycoon: Larry Silverstein

Success Tips From a Real Estate Tycoon: Larry Silverstein | Real Estate | Scoop.it

Bisnow sits down for an exclusive interview with living legend Larry Silverstein to get his secrets to success.

Tom Murphy's insight:

Great words of inspiration from Larry Silverstein - NYC Real Estate Tycoon. #realestate  #investments #realestateinvesting

 

"On the way, you also have to be able to take a very long view, have to be able to take risks—that’s part of it. You can’t look for immediate gratification; that gratification will not come for a long period of time.

If the goal is worthy, it's going to take time to accomplish. And to overcome all the obstacles will take a lot of determination, a lot of guts, a lot of resolve, but at the end of the day, if you really want to accomplish it, go for it, by golly, and don’t stop until you achieve it." 

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Here’s a look at the city’s newest collaborative workspace for the life sciences, right on Drexel’s campus

Here’s a look at the city’s newest collaborative workspace for the life sciences, right on Drexel’s campus | Real Estate | Scoop.it
Another piece of Drexel's “Innovation Neighborhood” falls into place.
Tom Murphy's insight:

Great  new collaborative work space in U City.  Hopefully just a start to keep college grads in the Philly area. #philly #phillyrealestate #realestate 

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New mortgage rules take effect Saturday - Palm Beach Post

None
Tom Murphy's insight:

Changes coming this weekend for buyers with mortgages. Be prepared!  #realestate #mortgages #home #house #financing #lending 

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Real estate ad upsets working moms | www.kirotv.com

Real estate ad upsets working moms | www.kirotv.com | Real Estate | Scoop.it
A real estate ad has working moms fuming.
Tom Murphy's insight:

I can't imagine sending an Ad out this... know one in the company  realized they would insult the people who make most of the home buying decisions?  There's nothing good that can come from this Ad. #realestate #home #houses. 

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Number Of Underwater Mortgages Falling Fast

Number Of Underwater Mortgages Falling Fast | Real Estate | Scoop.it

The number of homeowners who owed more on their mortgage than their home was worth hit a peak of 15 million in 2010. Known as having negative equity or being “underwater,” homeowners in this position are often left with limited options until prices rise and, once again, lift them above water.

 

So, a recent report from Black Knight Financial Services showing that there has been a 26 percent decline in the number of underwater borrowers through the first five months of this year is undeniably good news. It means home values have largely returned after dropping significantly following the financial crisis. It also means approximately one million homeowners can begin building equity again or, if they choose, can put their home up for sale. With this year's drop, there are just 3 million homeowners nationwide that remain underwater, down nearly 80 percent from its peak. The decrease also beat the pace of last year's decline over the same period, when the number of underwater homeowners fell by 20 percent. More here.

 

Dallas Tx Real Estate and Homes For Sale

www.thinkdallas.com 


Via Tim Stoll Real Estate
Tom Murphy's insight:

Good News - decline in the number of underwater borrowers......

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Tim Stoll Real Estate 's curator insight, August 4, 2015 11:00 AM

Good News - decline in the number of underwater borrowers......

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The Basics You Should Know About Investing

The Basics You Should Know About Investing | Real Estate | Scoop.it
If you are looking for more information on real estate investing, then you have come to the right article. Many people choose to invest in properties to ensure
Tom Murphy's insight:

Some Good tips for new investors. Contact me if you need assistance. #realestateinvesting #investmentproperty #realestate #incomeproperty. 

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Media will act on Wawa - Delco News Network

Media will act on Wawa - Delco News Network | Real Estate | Scoop.it
Delco News Network is your source for all Delaware County 24-hour breaking news, local news, sports, entertainment and more. View weather updates, watch videos and photos. Keep up with News and local Sports.
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Habitat milestone: First Habitat family to pay off mortgage - Daily Herald

Habitat milestone: First Habitat family to pay off mortgage - Daily Herald | Real Estate | Scoop.it
Provo resident, Eileen Reilly, sent her last mortgage payment to Habitat for Humanity of Utah County last week and now owns her home free and clear.
Tom Murphy's insight:

Great story.. What the Habitat for Humanity's program is all about.  #realestate #home #house

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We Should Welcome Real Estate Investments, Not Tax Them Further - New York Observer

We Should Welcome Real Estate Investments, Not Tax Them Further - New York Observer | Real Estate | Scoop.it
We Should Welcome Real Estate Investments, Not Tax Them Further
New York Observer
The soak-the-rich crowd is at it again. This time, the target is wealthy property owners who do not reside full-time in the city.
Tom Murphy's insight:

When wealthy NYC residents sell their second homes and others don't buy second homes in NYC - the city government will wonder why. Wealthy people have choices and increasing taxes on them will drive them somewhere else.  Dumb and Dumber are running our city governments. #realestate #home #houses #nyc

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US love affair with real estate makes comeback: Gallup

US love affair with real estate makes comeback: Gallup | Real Estate | Scoop.it
This recent Gallup survey on expected future returns of asset prices is pretty interesting.  It shows that most Americans still think that owning a home is the best way to generate a high return in the future.

Look at those figures.  The top two assets are gold and real estate.  This s
Tom Murphy's insight:

Real Estate #1 long term investment.  I agree 100%. Let me know if I can help. #realestate #investing #longterm

 

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Yahoo!

Yahoo! | Real Estate | Scoop.it
30-Year Fixed Mortgage Rates Fall for Second Week in a Row http://t.co/XaNtWYOCRQ
Tom Murphy's insight:

Mortgage Rates are dropping again... now is the time to buy. Let me know if I can help.  #realestate #mortgage #rates #homes.

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7 Ways to Pay Down Your Mortgage More Quickly

7 Ways to Pay Down Your Mortgage More Quickly | Real Estate | Scoop.it
Don’t like the idea of paying down your mortgage over the span of 30 years? Nothing can trigger that sinking feeling in the pit of your stomach faster ...
Tom Murphy's insight:

7 Ways to Pay Down Your Mortgage More Quickly  #realestate #mortgage  

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Real Estate Investing Is No Longer A Private Club - Forbes

Real Estate Investing Is No Longer A Private Club - Forbes | Real Estate | Scoop.it
Forbes
Real Estate Investing Is No Longer A Private Club
Forbes
Jilliene Helman had a track record in real estate. She had underwritten more than $1 billion and was a vice president in wealth management at Union Bank.
Tom Murphy's insight:

Real Estate Investing Is No Longer A Private Club. “I realized that the highest net-worth clients had made their money in real estate."


If you're interested in real estate investing - let me know. 


#realestate #investing #philly #chestercounty 

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Ranking the 'Star Wars' Galaxy's Most Iconic Homes

Ranking the 'Star Wars' Galaxy's Most Iconic Homes | Real Estate | Scoop.it
While we anxiously await lightsaber duels, we’re tapping into our own Jedi powers to rank some of the most iconic homes in the Star Wars galaxy.
Tom Murphy's insight:

In honor of the latest Star Wars movie hitting the theaters tomorrow. Star Wars top 5 houses.  #starwars #realestate #home #homes 

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Town By Town: Houses go quickly here - Philly.com

Town By Town: Houses go quickly here - Philly.com | Real Estate | Scoop.it
One in a continuing series spotlighting real estate markets in the region's communities.
Tom Murphy's insight:

Great area to sell or buy a home.  #chestercounty #chesco #realestate #homes #houses #house. 


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Common Issues With A Bank Appraisal In Real Estate

Common Issues With A Bank Appraisal In Real Estate | Real Estate | Scoop.it
The majority of real estate transactions will include a bank appraisal. It's common that issues will arise from a bank appraisal & here are the most common!
Tom Murphy's insight:

Appraisals kill many deals.  One piece of advice - make sure your appraiser is local and knows the the local market. I've seen to many times an appraiser come from 100 miles and come in way below market value or in some cases come in way over market value. Real Estate is local, local, local!!!!

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Real Estate Investing This Spring and Summer - RealtyBizNews

Real estate investing - the time to strike it rich is now. The stars are aligned for you to make great real estate investments.
Tom Murphy's insight:

Contact me if you need assistance.  #realestateinvesting #invest #realestate #home #house

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17 Experts Reveal How To Make Smart (Profitable) Real Estate Investments

17 Experts Reveal How To Make Smart (Profitable) Real Estate Investments | Real Estate | Scoop.it
17 expert real estate investors share their secret formulas/ metrics for identifying profitable real estate investments.
Tom Murphy's insight:

A few good tips for Real Estate Investors especially new investors. #realestateinvestments #realestateinvestmenting #realestate #investmentproperty 

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Residents in these states can’t pay their mortgages

Residents in these states can’t pay their mortgages | Real Estate | Scoop.it
The mortgage delinquency rate is falling — but it’s still got a ways to go before it hits historical norms.
Tom Murphy's insight:

Foreclosures is declining but it will still take a few years for the inventory to be flushed out through the market in the Tri-state area. The Tri-State area is above national statistics and historical norms.  #realestate #home #house #reo #foreclosure

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Real estate agents using apps, wearable tech to stay safe | Real Estate | Philadelphia Weekly

Real estate agents using apps, wearable tech to stay safe | Real Estate | Philadelphia Weekly | Real Estate | Scoop.it
Philadelphia's local guide to real estate rentals, apartments, houses, open house listings, advice for owners and renters. Search rental ads, find an apartment, place an ad or find an open house in Philly.
Tom Murphy's insight:

For my Realtor friends - Good tips.  No mention of carrying a gun.though -  maybe the best deterrent and the one option to walk out alive.. #realestate #realtor #home #houses  

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7 Ways to Pay Down Your Mortgage More Quickly - Motley Fool

7 Ways to Pay Down Your Mortgage More Quickly - Motley Fool | Real Estate | Scoop.it
7 Ways to Pay Down Your Mortgage More Quickly
Motley Fool
Don't like the idea of paying down your mortgage over the span of 30 years?
Tom Murphy's insight:

Good tips.  #mortgage #payoff #early. 

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UCF school board looks to narrow tax hike - The Unionville Times

UCF school board looks to narrow tax hike - The Unionville Times | Real Estate | Scoop.it
The Unionville Times UCF school board looks to narrow tax hike The Unionville Times The district administration unveiled its proposed final budget, which would call for a more modest balanced tax increase of 2.66% (2.76% in Chester County, 2.26% in...
Tom Murphy's insight:

Unionville School District shrinking tax increases for next year from original proposal. #realestate #taxes #chestercounty #unionville. 

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The World's Largest Game of Tetris, Played on a Philadelphia Skyscraper

The World's Largest Game of Tetris, Played on a Philadelphia Skyscraper | Real Estate | Scoop.it
Using 1,400 LED lights. (Real estate and architecture go hand in hand, and we love what was done to this building. Tetris anyone?
Tom Murphy's insight:

Very Cool. Real Estate + Education + Technology = World's Largest Game of Tetris, Played on a Philadelphia Skyscraper. #realestate #philly #videogame

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Elevated park on rail viaduct finally firming up - Philly.com

Elevated park on rail viaduct finally firming up - Philly.com | Real Estate | Scoop.it
Philly.com Elevated park on rail viaduct finally firming up Philly.com The rest of the elevated viaduct remains in the hands of the old Reading Co., a 19th-century railroad power now transformed into a California real estate venture that owns movie...
Tom Murphy's insight:

Elevated park on rail viaduct finally firming up. This is a great idea - hope it comes to be.  #realestate #philly 

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