World Famous Blog about everything Real Estate
I want to ask you two questions. One, do you have a Will? And two, do you have written goals for the next one, three, five and ten years? If you answered yes to the first question but no to the second, you are planning more for your death than you are while you are here. Think about it. Read the rest of this entry »
I have had several conversations with investors who are worried about what many are experiencing currently. With core interest rates being lowered by the FOMC (another 25-basis point cut today), foreclosures are standing at all time highs and sub-prime mortgages being completely eradicated by the likes of Freddie Mac, Read the rest of this entry »
The homeowner-vacancy rate rose to a record 2.9% in the first quarter from 2.8% in the fourth quarter, about 1 percentage point higher than normal. Read the rest of this entry »
Folks -
Don’t forget to check our video wall! Here, we have free seminars from greats like Donald Trump and even Robert Kiyosaki. The video wall will even include “amatuer” videos from business owners, investors and companies letting you know exactly what is going on in the world of Real Estate Investing. Just click a video (directly to the right of this post) you want to watch and kick back and enjoy! No downloads necessary.
Enjoy and Happy Investing!
Not making the money you want in the stock market? Vacancies up in your properties? Try REITs! Read the rest of this entry »
We’ve seen the trend for some time.. increasing default notice combined with less likely possibility that someone in default gets out of it. I can’t imagine what things would look like in a year if defaults and foreclosures increase from here.
The good news is that these REO homes are helping the housing market rationalize much quicker than it would normally. But I think we will start seeing the add in reports from DQ saying how many home owners sold their homes for a loss which was a regular feature to the reports in the mid-90′s.
Hold on for more gang! We haven’t hit the bottom just yet.
By Jim Loney
MIAMI (Reuters) – The surprisingly healthy market for oceanfront mansions and palatial condos in Florida, one of the most toxic states in America’s housing meltdown, may finally be showing some cracks.
While many luxury properties are selling briskly thanks to Europeans and Canadians pouring their strong currencies into Florida, billionaire Donald Trump recently dropped the price on a Palm Beach mansion by 20 percent, and some market watchers say the U.S. housing woes have finally touched the wealthy. Read the rest of this entry »
These indicators were collected from many sources such as economicindicators.gov, realtor.org and the national census. They don’t seem that bad after all. For you investors who are looking for deals, there may be quite a few left! Read the rest of this entry »
Stage One: Pre-Foreclosure
            |
