Politics and Real Estate

Found 7 blog entries about Politics and Real Estate.

Local governments instituted eminent domain, which is the practice of converting private property into public land in exchange for fair market compensation, as a way to add necessary infrastructure to growing towns. During the past century, the use of eminent domain has often caused rifts in the communities in which it has been employed. In South Carolina specifically, the addition of highways, airports, and service roads has uprooted homeowners whose families had often occupied the land for decades.

These seized properties are usually located close to the center of downtown or between urban hubs. Relative urban density is also often a predictor of which homes may be subject to eminent domain. A row of single-family homes located near a zoning district

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Living near a business can be a polarizing experience depending on where you are located. While you will get a first-hand view of many of the organizations around you, some of the downsides can become very irritating. First, here are some of the positive aspects of living in a highly commercialized area.

Accessibility

Whether it is a restaurant or insurance companies, living near businesses means that you will not have a long journey ahead of you in terms of getting what you need. Compared to the distance that those who live in a residential neighborhood, those who have businesses overlooking their house can practically walk to their destination. This can prove to be very convenient, especially if you are in need of something urgently. There is no

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A housing bubble, or real estate bubble, is an unsustainable increase in housing prices powered by speculation, heightened demand, and "irrational exuberance."

A housing bubble, like other kinds of economic bubbles, often occurs in the context of predatory lending, poorly thought out mortgages, and lowered interest rates with the Federal Reserve. This very constellation of factors came together to fuel the 2008 Subprime mortgage; subprime mortgages were named such because they were mortgages of lower quality.

What's worse, these subprime mortgages were secured by the big banks leading up to the 2008 housing market collapse. The fact that what otherwise would have been decentralized assets - housing markets are traditionally thought to be

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The real estate market is dynamic and exciting in various parts of the country. Although every area is different, there are similarities throughout the country. Buying a home is one of the most important investments that a person can make. The current real estate market trends are preventing some people from buying a home.

  •         Lack of Inventory
  •         Rising Housing Prices
  •         Relaxed Lending Standards

Lack of Inventory

One of the biggest trends in the market today is a lack of available inventory. There are numerous buyers who want to purchase a home in many areas. However, there are simply not enough homes on the market. Home builders are not building enough new homes to keep up with demand from buyers.

The current lack

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Real estate agents’ sole obligation is to their clients. They are required to do everything they can to ensure that the home buying or selling process runs smoothly. As a client, the agent will be your advocate. This is the person you will turn to when you the going becomes tough. You expose yourself to possible disappointment by failing to choose the right agent. You need someone who can represent your interests properly. Understand what an agent does is a great way to make sure that you will choose the right agent.

1. Pricing Your Home

Home pricing is by far the most important part of selling your house. A top realtor will not give you false promises in a bid to make you happy. The agent will rely on their real estate training, understanding of

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Whether you are buying or selling a home, a real estate agent can make the process much quicker and more painless. Chances are, your time is valuable, and a good Realtor can handle a lot of the work entailed in finding and closing on a new home or unloading your current home for a good asking price. How smoothly the process goes depends on finding a good Realtor, and the following questions for any prospective agent can help you find one.

  1. How Long Have You Been a Realtor? Regardless of whether you're looking for a mechanic, plumber, heart surgeon or a Realtor, everyone is comforted to know they are dealing with an experienced professional who knows the ins and outs of their job. The best indicator of this is finding out how long they've been in
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On Tuesday, February 22, 2011 I had the honor of attending the SC Association of Realtors (SCR) annual Legislative Lobby Day.  Over 200 of my fellow Realtors® met on the Statehouse steps in Columbia, SC to advocate on YOUR behalf regarding a couple of key issues:

  • Point of Sale Tax Update (H.3713)
  • Private Transfer Fee Prohibition (H.3095)

This was my first lobby day I have ever attended and can honestly say, it will NOT be my last!  

What is RPAC? 

Over the past year, I have been actively involved as a member of the Realtors Political Action Committee (RPAC) for the Greater Greenville Association of Realtors (GGAR).   For those of you who do not know about RPAC and think it is a party driven committee, it is not.  Since 1969, the REALTORS®

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