Should the Federal Trade Commission develop national licensing requirements and standards regulating the middlemen who conduct thousands of tax-deferred real estate exchanges every year?
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Investor Report: Intermediaries and Tax-deferred Exchanges
Most real estate trends are a reaction to the law of supply and demand. As you project trends, study your market analysis for hints of changes in your market s inventory. At the same time, study your region s economic growth and stability for hints at what is taking place to influence consumer demand.
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Projecting Trends And Putting Your Findings To Work
Inheriting real estate can be one of the most painful ways to acquire property. You’ve lost a loved one and now you have your loved one’s primary residence to handle. If you plan to sell the property make sure you read on to get a general idea about what to do next.
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What To Do When You Inherit Real Estate
Yes, prices are down. Yes, there are a lot of foreclosures involved. And, yes, Southern California s sales are going through the roof. DataQuick.com reports sales up in the double digits for the second month running. Sales are up ranging from 10 to 48 percent across the region.
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Hot Market: Southern Cal Leads the Way to Recovery
McLEAN, VA — Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.35 percent with an average 0.7 point for the week ending September 04, 2008, down from last week when it averaged 6.40 percent. Last year at this time, the 30-year FRM averaged 6.46 percent.
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Rates Drift Lower on Reports of Economic Weakness; Others Point to Progress in Housing Market
[Note: To follow is an excerpt of an interview with Stan Hanks from RealSource, whose commercial division specializes in financing multifamily and tenant-in-common deals. To listen to, or download the show archive MP3, go to www.IncomePropertyInvestmentTalk.com/081308.]
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Commercial Financing is Available for the Right Buyer and the Right Property
It’s not always enough to be up to snuff on negotiating that reduced price. Sometimes you need to know where to look to find a bargain that’s already available.
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Finding Discounted Homes For Sale
I recently had a listing expire after three months on the market. Nothing has sold in my client’s neighborhood for almost a year, so it wasn’t a big surprise. We gave it a shot and it didn’t work out for us. No biggie. She was prepared for the possibility and has no hard feelings toward me.
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Dear Seller: What’s Your Plan B?
This just might be the turn in the numbers we’ve been waiting for: Resales of existing houses jumped by 3.1 percent in last month to the highest level in nearly half a year.
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Real Estate Outlook: Positive Trends In Housing Studies
Having worked in this business for so long, I can see success a mile away now. Success leaves clues. Real estate agents. Builders. Developers. Brokers. The successful ones all do the same things and have the same habits.
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Success is a Habit
A new study by Statistics Canada says 18 per cent of people who live in urban neighbourhoods in Canada are afraid to walk the streets after dark. The study, of people who live in communities of more than 50,000 people, represents about three million Canadians.
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Crime in Canada: Are You Afraid to Walk in Your Neighbourhood After Dark?
The politicians may have fled Washington for conventions and vacations, but there’s been lots of action at the Federal Housing Administration that could affect home buyers and borrowers across the country.
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Washington Report: FHA Increasing Premiums
A study done by a pair of Canadian psychologists demonstrates how the law works. What the psychologists discovered is that people at a racetrack, after placing a bet, are more confident of their chance of winning than they were immediately before placing the bet. Keep in mind that nothing about the horse’s chances of winning changed. It’s the same horse, on the same track, in the same field of horses; but in the mind of the bettor, the horse’s chances of winning improve once they purchased a ticket. Although this may be a bit puzzling at first, the reason has to do with the law of consistency.
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Law of Consistency
Buyers on Florida’s Gulf Coast are coming out of the woodwork to grab up condominiums left over from the Sunshine State’s housing boom of years past. While prices have dropped year over year by 13 percent, pending sales have outpaced 2007’s rate for two consecutive quarters. The latest jump was by 4 percent for condo sellers in the Tampa/Petersburg area.
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Condo Trends: Tampa Pendings Up for 2nd Month
