Real Estate Blog

[Note: To follow is an excerpt of an interview with Michael Anderson, Managing Member and Founder of Salt Lake City-based RealSource, a leader in multifamily research and tenant in common deals [www.realsource.net/bestoftimes]. To listen to the show archive or download an MP3, go to www.IncomePropertyInvestmentTalk.com/102908.]

These Are the ‘Best of Times’ for Multifamily TIC Providers and Investors

The economy may be flat, but it’s boom time for investors who know how to buy houses at fire-sale prices, fix them up and sell or rent them out.

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Investor Report: Home Investors Booming

While we all believe in and tend to the laws of the red, white and blue, America’s 50 biggest cities are thinking green, according to the definitive ranking of city sustainability released by sustainlane.com, the largest online community dedicated to healthy, sustainable living. The 2008 SustainLane U.S. City Rankings, topped by Portland, Oregon, reveal which cities are increasingly self-sufficient, prepared for the unexpected and taking steps toward preserving and enhancing their quality of life.

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Where to Build? Cities Taking Steps Toward Preserving and Enhancing Their Quality of Life

Find a community, a region or a market buoyed by job and population growth, investor interest and one that is also a tourism draw, and you have a recipe for development success. For Historic Real Estate Inc., these three components, and more, have led them to Houston and the site for building an exciting new economic district known as the WaterLights District. The $700 million mixed-use development, located just 15 minutes from downtown Houston, includes an array of office, hotels, restaurants, boutique retail, and residential structures amid a park setting along the banks of Clear Creek, just south of the world’s largest medical and research center, the Texas Medical Center.

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Building America’s Next Major Economic District

Houston is hot.

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Wild, Wild West: Houston, We Don’t Have A Problem

The follow up, contrary to what the name may seem to imply, is not limited to what you do after you say, “Goodbye.” More properly, it could be described as what you do after you say, “Hello” and detect that a customer wants to say, “Goodbye.” In short, the follow up involves taking the necessary steps from the outset of each sales presentation to bring customers back, ready to listen, understand and buy.

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Bring People Back to Make the Sale

Where are the best opportunities to buy houses at below market prices, fix them up and sell them at a substantial profit?

Excerpted from:
Investor Report: Where to Buy Low, Sell High

Builders, plan accordingly. A new economic report during the U.S. Conference of Mayors Annual Meeting in Miami reveals that U.S. economic growth for 2008 has weakened considerably, while unemployment and consumer prices have risen sharply. According to the report, a sustained recovery is not expected until mid-2009 at the earliest.

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Many Metros to See No Job Growth as Mortgage Crisis Worsens

It’s a housing market that’s being measured not in sales, but in the rate of decline. Finally there’s some good news for sellers — a floor is forming for some of the most volatile markets.

Source:
Realty Viewpoint: More Good News - Asking Prices Flatten

The Real-Time Housing Market Report shows an interesting trend. Housing prices are down a little over half a percent. That’s no surprise, but out of 25 markets, only seven fell in asking price. That’s a big improvement over March when listing prices fell 2.7 percent.

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Realty Viewpoint: Real-time Housing Index Says Falling Prices Easing

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