Adams retweeted
Well folks: we passed City Council unanimously last night for our 1-acre infill Townsend project with 20 for-sale townhomes and 8,700 SF of boutique commercial in downtown Edmond (Oklahoma City metro).
Gearing up to break ground this spring.
Boy this is going to be FUN!
Adams retweeted
Took a tour of @thestacksdc coming soon in Buzzard Point! Phase 1 adds 1,100 new homes, 125 new affordable homes, restaurants, retail, & absolutely stunning views of DC’s rivers & monuments. Loved the focus on scale, walkability, & place making. Can’t wait to see it open in 2025.
Adams retweeted
🎉🎉Celebrate Hispanic Heritage Month with the City of College Park! 🎉🎉Join us Friday, 9/20/24 for Let’s Dance | Vamos A Bailar, an evening of live music 🎶and dancing 💃 at Duvall Field (9119 Rhode Island Ave). This event will feature the Joe Falero Band from 5:30pm -7:30pm, food for purchase from Cocineros and Lameera ice cream, crafts for kids and a showing of the family movie, Vivo on the big screen at 7:45pm. 🎥 Bring your family, friends, your dancing shoes and a blanket or chair to enjoy the movie. Free Admission. All are welcome. 🌟
#hispanicheritagemonth #collegeparkmd #cityofcollegepark #familyfun #salsanight
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🎉🎉¡Celebre el Mes de la Herencia Hispana con la Ciudad de College Park! 🎉🎉Únase a nosotros el viernes 20 de septiembre de 2024 para Let’s Dance! | ¡Vamos A Bailar!, una noche de música en vivo 🎶 y baile 💃 en Duvall Field (9119 Rhode Island Ave). Este evento contará con la banda de Joe Falero de 5:30 p.m. a 7:30 p.m., comida para comprar de Cocineros y helados Lameera, artesanía para niños y una proyección de la película familiar, Vivo en la pantalla grande a las 7:45 p. m. 🎥 Traiga a su familia, amigos, sus zapatos de baile y una manta o silla para disfrutar de la película. Entrada gratuita. Todos son bienvenidos. 🌟
#mesdelaherenciahispana #diversionfamiliar
Adams retweeted
🌟 Exciting news for our community! College Park, MD has been recognized as one of the 6 best suburbs of Washington, DC! 🏡✨ Check out this article to see why our City stands out for its vibrant culture and welcoming atmosphere. Read more here: livability.com/topics/where-… #CollegeParkMD #CityOfCollegePark #BestSuburbs #CommunityPride
Adams retweeted
🎤✨ Check out the performer stage line-ups for College Park Day! 🎶 Stay tuned for more details on each artist and get to know the talent that will light up the stage! 🌟 #CollegeParkDay #CollegParkMD #LiveMusic #CommunityEvents
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🎤✨ ¡Echa un vistazo a las alineaciones de los artistas que se presentarán en el escenario para College Park Day! 🎶 ¡Esté atento para obtener más detalles sobre cada artista y conozca el talento que iluminará el escenario! 🌟
Adams retweeted
JEROME POWELL: THE FED CAN'T FIX THE BROKEN HOUSING MARKET—THE MARKET AND GOVERNMENT WILL NEED TO DO SO
"The real issue with housing is that we have had, and are on track to continue to have, [is] not enough housing" Powell says
resiclubanalytics.com/p/fed-…
Adams retweeted
Which direction are we headed with Clear Cooperation
1. Remove it and enter fragmented marketplaces of homes for sale
2. Continue with 500 monopolies of databases in hopes others get a seat at their table?
Adams retweeted
The Home Insurance saga continues. It's almost like they are going through what the mortgage industry did post-subprime blowup. Underwriting is actually becoming a thing. Here are consolidated notes from the week:
Flat Roofs - some insurance companies won't insure them at all.
Nearby Trees - using satellite imagery to measure the proximity of trees and if < x feet, they will not write the policy.
Non-Weather Water Claims - Require deeper dive into the issue to see the prior cause of past claims. Some have timelines and dollar caps such as "won't insure a claim over $10k and/or within three years."
Roofs - The age of the roof is now important. Caps I've seen are no older than 10, 15 or 25 years.
Location - some carriers are pulling out of various states altogether.
Additional Details: Dogs, type of dog, age of certain items such as HVAC's.
The bottom line is that insurance underwriting is evolving, and realtors/buyers should tackle obtaining insurance immediately after contract acceptance.
Adams retweeted
I forget who said the next black swan on the market would be insurance premiums. I’m starting to believe that may end up being the case as discretionary spending is reallocated to insurance costs! Here is a note from one of my referring insurance agents:
Adams retweeted
For anyone coming to College Park tonight, Southbound Baltimore Ave/Route One is COMPLETELY BLOCKED Southbound & delayed Northbound due to construction. Delays last for miles #mdtraffic
Adams retweeted
Homebuyers in California and Florida are the most concerned regarding the availability and cost of homeowners insurance
Survey via @johnburnsjbrec @JBREC
Adams retweeted
In Las Vegas, publicly traded homebuilders control a staggering 87% of the new home market
Nationally, publicly traded homebuilders have 51% market share—up from 25% in 2005
resiclubanalytics.com/p/publ…
Adams retweeted
Amusing that wealthy property owners think it's the government's responsibility to bail them out when their greed comes back to bite them in the butt.
It's not like the people in this beautiful coastal community didn't know destructive natural forces were in play, and have been for years.
Was watching a segment about Highway 1 yesterday, and all of the turmoil caused by natural soil movement, erosion etc. Absolutley beautiful real estate and scenic views, but that beauty comes with a cost...a cost that should not be borne by regular taxpayers.
If you put beautiful luxury homes in places that were never suited for residential development in the first place, you shouldn't be surprised when Mother Nature reminds you of your hubris.
#duediligence
#greed
So an entire neighborhood about 15 min from me is literally falling slowly into the ocean as I write this. Today the electrical company turns off the power. The gas company did a month ago. It’s done.
Over 130 multi million dollar homes. Nobody will get reimbursed. Most are elderly residents who purchased these homes post WW2. The builders and city neglected the geological nightmare under their feet.
So far the gov has been completely absent.
It’s kinda crazy.
Adams retweeted
HOME INSURANCE SHOCK
Allstate to increase home insurance rates for California customers by an average of 34.1%
The rate hike will take effect in November, and will impact 350,000 policyholders across California
bloomberg.com/news/articles/…
Adams retweeted
Now Offering 99$ 1 HOUR Consultations! More in-depth! Wanting to Build a Home or Multi-family? Consider booking a call with a Licensed Builder. calendly.com/lamonte-grulkec…
