Are you ready to start making money? Foreclosures are being declared as real estate’s newest profit opportunity. There are stacks of how-to books hitting the bookshelves daily and real estate experts holding seminars around the country offering investment advice on how to get rich quickly from homeowners and lenders desperate to unload properties.
Just like [...]
In a perfect world, prices would be set by supply and demand, and investments would cost around about the net present value of their future cashflows.
Stop laughing. Just look in any economics textbook.
Of course when you get to managing your own finances in the real world, you need to pay as much attention to politics [...]
The last two years of declining home sales and prices have been a strain on anyone connected to real estate.
Discouraging monthly and quarterly statistics compared with previous years have found industry professionals, buyers, sellers and homeowners all searching for signs that a recovery is on the way.
And then something happened: The first half of the [...]
Property yields rental returns and capital appreciation. It is a sound investment avenue. Here’s some tips for real estate investors.
A significant amount of investments in property is by investors. An investor is an early entrant in a project, especially at the launch stage, and exits equally fast, as opposed to the end user who enters [...]
Good real estate news seems hard to come by these days, as industry analysts wax on about subprime mortgage losses, the credit crunch and foreclosures on the rise. But on Long Island, there have been glimmers of hope in the first half of 2008.
According to the Multiple Listing Service of Long Island, an agency [...]
Home prices continue to tumble, and some economists expect the pain may not end until 2010.
The latest S&P Case-Shiller data, released Tuesday, showed home prices in the 10 largest U.S. cities plunged 16.9% in May from a year earlier. None of the cities saw price gains.
The debate continues to rage about when home [...]
It’s a safari unlike any you’ve seen before– it’s in your neighborhoods. More than 40 people took a bus tour of foreclosed homes around the Tri-Cities Saturday.
“We’ve got a lot of eager buyers on that bus!” said mortgage planner Dana Mundy, who helped organize and guide the tour.
Some of the tourists were looking to buy [...]
Opportunists look at the stumbling real estate market and see bargains and the potential upside.
June Schroeder sees a minefield.
Real estate should be part of most investors’ portfolios, says the co-owner of Liberty Financial Group Inc., an Elm Grove, Wis., financial consulting firm, echoing the view of other advisers. And it’s tempting to wade in when [...]
With the housing market such a mess, we hit up neat-freak real-estate guru Jeff Lewis of Flipping Out (Tuesdays at 10 pm/ET, Bravo) for his top tips on how to sell your home without, well, flipping out.
1. “Pricing is everything. [List] your home 5 percent below the most recent comparable sale.”
2. “Always make your house [...]
Some people are benefiting from current tough economic times.
Tennessee ranks as one of the top 15 states when it comes to foreclosed homes.
But one group of people is riding the wave of foreclosures quite well.
Flipping foreclosed homes for profit has become a hot trend nationwide.
A recent article in Forbes magazine ranked Nashville as the third [...]
