It doesn’t seem to matter where you live nowadays, turn on the TV, read a paper, listen to the radio and you can tell how bad of an economic situation we are in right now. It’s not even just the economy it’s the recession, its lay offs and let gos. It’s a financial meltdown! For [...]
Entries from February 2009
Considering Rent To Own Properties
Feb. 10th, 2009
Buyer Leads for Real Estate Agents: How to Capture Real Estate Internet Leads
Feb. 10th, 2009
If you’re a Realtor in today’s housing market, you need to be aware of one all critical fact: over 80% of all buyers begin their home search online. Buyers in this market do not pick up a newspaper, a magazine or a phone book to look for an agent. Buyer leads for real estate agents [...]
Austin Real Estate Outlook
Feb. 10th, 2009
Recent headlines suggest that home sales could be on the rise in some parts of the country, particularly in the South and Midwest. While analyst are being cautious not to sound too optimistic, the number of pending sales in December was up 6.3 percent according to the National Association of Realtors. This increase was largely [...]
No More FREE 2 Months Rent- The Top 4 Reasons to Buy Rentals
Feb. 10th, 2009
Seeking new methods for wealth building or current income? Many individuals are attracted to real estate as an additional household income source or for replacing their current incomes completely. If you are one of these individuals, consider buying rental properties. During any economy, investors are seeking sound financial investment opportunities. But in a struggling economy, [...]
The Stimulus Bill and Housing
Feb. 9th, 2009
In 2008 the Bush administration implemented a $7,500 tax credit for first time home buyers. Although well intentioned the proposal has had little impact upon home sales in Springfield Illinois, and probably across the nation. Why? The money had to be paid back, and was limited to only first time buyers of homes. The reason [...]
Home Price Appreciation and Transaction Fees – Only the Realtors Get Rich
Feb. 9th, 2009
Profiting from house price appreciation requires getting more money from the sale of a property than was originally paid for it and not having that profit cancelled out by moving costs, transaction fees, and a large spreads between the cost of ownership and the cost of rental during the ownership period. Buying and selling residential [...]
Minnesota’s Light Rail Adds Value to Minnesota Properties
Feb. 9th, 2009
Before investing in property in Minnesota, you’ll want to know the ins and outs of your daily commute. Do you want property in the city, in the suburbs or in a rural area? Plans for the development of the Minnesota Light Rail System are in the works, and many Minnesota real estate agents are recommending [...]
Mortgage Interest Rates and House Prices
Feb. 8th, 2009
Mortgage interest rates are determined in an open market and are subject to the forces of supply and demand. These rates are the sum of three main components: riskless rate of return, risk premium, and inflation expectation. The housing bubble was characterized by historic lows in the federal funds rate, risk premiums and inflation expectations [...]
7 Tips For a Terrific Real Estate Blog
Feb. 8th, 2009
If you are a real estate professional who has embraced technology and the internet, then you likely have a blog. Ideally, your blog is located and integrated into your real estate website. Sure, there are sites like Active Rain where you can blog to your heart’s content. But to get the biggest bang out of [...]
Invest Arizona Real Estate: A Hot Real Estate Market
Feb. 7th, 2009
Arizona real estate market is really hot. The center of a lot of action in Arizona is Phoenix metropolitan area. However, when it comes to real estate investing, every area is hot. Based on whether you are looking for Arizona real estate just as an investment avenue or whether you are looking to actually live [...]