Fixing and Flipping: Determining Target Price Point

Fixing and Flipping: Determining Target Price PointThe G.I. Joe Jet. Man, did I want that toy. I remember my friend Robby and I drooling over it at the department store the summer of 1984. Together we owned every other figurine and vehicle in the collection – from the Ninja to the Jeep. Unfortunately, we never acquired the Jet. At $20 the target price point was too high. By the time we had enough cash to buy it we had moved on to a more expensive hobby – BMX racing bikes.The cash in your … [Read more...]

Top Turnaround Towns: Tomorrow’s Hot Real Estate Markets

Top Turnaround Towns: Tomorrow’s Hot Real Estate MarketsWant to know where home prices will be rising in the coming months? No longer do you need to toss darts at a dart board or guess. Someone has actually created an index using the very, very freshest listing data combined with economic metrics to scientifically select tomorrow’s hot markets.Every quarter Move, Inc. operator of Realtor.com, publishes the Top Turnaround Towns (There used to be ten’ we just expanded to 25). As a member of … [Read more...]

Real Estate News by the Numbers: Week of February 18 – February 24

Real Estate News by the Numbers: Week of February 18 – February 24This is A quick rundown of the important real estate news from the week of February 18 – February 24, by the numbers:  14.3% – Predicted growth in U.S. employment this decade according to the Bureau of Labor Statistics. The Washington-Arlington-Alexandria area is predicted to have the greatest job growth through 2020.223 – Number of stores the U.S. Postal Service has identified for possible closings. The closings are … [Read more...]

Real Estate News by the Numbers: Week of January 28 – February 3

Real Estate News by the Numbers: Week of January 28 – February 3A quick rundown of the important real estate news from the week of January 28 – February 3, by the numbers:8.3% – U.S. unemployment in January, the fifth straight month that unemployment has dropped. All together, 243,000 jobs were added in January, 100,000 more than economists had expected.1.3% – Drop in home prices month-over-month in November according to the new S&P/Case-Shiller 20-city index. Prices fell in 19 of … [Read more...]

Week of December 24 – December 30 Real Estate News

Week of December 24 – December 30 Real EstateA quick rundown of the important real estate news from the week of December 24 – December 30, by the numbers:1.2% – Decrease in home prices in October from the previous month according to the S&P/Case-Shiller 20 city index. It’s the sixth straight month homes prices have fallen. Prices are also down 3.4% from a year ago.3.95% – Average rate on a 30-year fixed mortgage this week according to Freddie Mac. The average rate is up from last … [Read more...]

Week of November 12 – November 18 Real Estate News

Week of November 12 – November 18 Real Estate NewsA quick rundown of the important real estate news from the week of November 12 – November 18, by the numbers:$729,750 – Maximum mortgage amount that can now be backed by the Federal Housing Administration. Congress voted to increase the limit from $625,500.95% – Amount of metro areas, out of 384 that will see a rise in home prices in 2012 according to Fiserv. However, the increase is expected to be minimal.  ”The median expectation … [Read more...]

Protecting Your Mortgage Note In Uncertain Times

Protecting Your Mortgage Note In Uncertain Times.With home prices continuing to drop, these remain challenging times for real estate investors. The same goes with mortgage note buyers.  You can make good money if you pay attention and know what you’re doing, but will lose your shirt if you’re not careful. The National Association of Realtors reported that third quarter numbers were again dismal.  Median home prices dropped almost 5% nationally, and over 15% in cities like Phoenix and … [Read more...]

Real Estate Through 2016 and Beyond

Real Estate  Through 2016 and Beyond A bit of good news this week:  The Wall St. Journal   (11/3/2011) reported that “the nation’s seasonally adjusted home-ownership rate stood at 66.1% in the third quarter, up slightly from 66% in the prior quarter” and “suggesting a three-year decline in home ownership may be starting to bottom out.”  Consumer bankruptcy filings fell in October for the fourth straight month (WSJ, 11/3/2011) Awww, but what’s this: * October home prices were … [Read more...]

The Stock Market And Home Prices

 The Stock Market And Home PricesDoes the Stock Market and Real Estate Value go hand in hand? Conventional wisdom holds that stocks and home prices are independent. Tuning into CNBC in the morning to watch the S&P 500 chart wiggle around should have nothing to do with the price of the home in which you’re sitting in pajamas doing the watching. It turns out that if you’re the kind of person who [...]How The Stock Market Effects Home Prices is a post from: Real Estate Investing Blog For … [Read more...]