We all know the story. Sales are down everywhere, some areas more than others, but virtually no area is untouched. My community is a Midwestern college town that is rarely affected by recession, but still sales were off 21% in 2008. But with sales down, the one thing rising in the real estate world is [...]
Entries from February 2009
Short Sales – A Great Opportunity for Realtors in These Tough Times
Feb. 24th, 2009
Which Direction Will the Springfield Illinois Housing Market Go?
Feb. 24th, 2009
There were encouraging signs for the Springfield housing market the week following Valentines Day. Local Realtors posted 94 sales pending for the best week of the year by far. The burst in activity pushed the sales pending for the year a dozen ahead of the same time frame in 2008. The real barometer however is [...]
Housing Bubble Causes – Why Did It Happen?
Feb. 24th, 2009
The housing bubble was caused by an expansion of credit that enabled irrational exuberance and wild speculation. The expansion of credit came in the form of relaxed loan underwriting terms including high debt-to-income ratios, lower FICO scores, high combined-loan-to-value lending including 100% financing, and loan terms permitting negative amortization. Addressing the conditions of expanding credit [...]
Septic Tank Maintenance – Home Owners – Real Estate Advice
Feb. 24th, 2009
Some of Atlanta’s water customers have septic tanks rather than sewer connections. Making sure septic tanks function properly requires a degree of maintenance on the part of the homeowner. Here are some tips for keeping your septic tank in good working order: -Don’t pour grease, oils, dairy products, chocolate or bits of food down the [...]
Find The Best Property For Sale In Greece
Feb. 24th, 2009
The internet is a useful tool for basic research but it is no substitute for going to visit different properties and talking to impartial people with a good understanding of the Greece real estate property market. Take notes of the key features (size, location, condition, views, price etc) of different properties and compare then in [...]
What Is Education In Real Estate Investing?
Feb. 24th, 2009
It’s a challenging and rewarding experience to go for an investing in real estate if you want to be rich within shorter period of time. Education is paramount to success in any endeavor but when we are speaking of investing it is most important to consider its impact on risk. Join in real estate and [...]
Know The Answers To Real Estate Investing FAQ And Get Success
Feb. 23rd, 2009
It’s all about starts at the end; when you begin a real estate investing remember to commence with the end in mind, as you start down the path to beginning real estate investing. That means you need to have a goal. What you would like your real estate investing activities to provide for you, Spend [...]
Condos 101 – 6 Questions Asked and Answered
Feb. 23rd, 2009
Unbeknownst to most condo refers to a type of ownership not a type of building. A Toronto condo usually takes the form of a high or low rise apartment style building. However, some condos could be in the form of a factory loft or town house. When you buy a Toronto Condo what are you [...]
West Ottawa – A Best Place To Select Apartment For Rent
Feb. 23rd, 2009
If you live in an apartment for rent in Westboro or Nepean, you will be pleased to know that these districts are full of activity shopping street with many opportunities. In addition to the many small independent shops (including several outdoor sports shops). There are many big shopping centers in the area including Bayshore Shopping [...]
Future Housing Bubbles – Should We Prevent Them?
Feb. 23rd, 2009
The deflation of housing bubbles is very financially and emotionally painful, and if possible, they should be avoided. The pain of the deflation of a housing bubble cannot be avoided by trying to keep the bubble inflated, or by trying to deflate it slowly. The only way to avoid these problems is to prevent the [...]