Increase Your Rehabbing Profits by Watching TV, Really!You are probably reading this blog to find out just how ridiculous it’s going to be. If you are a rehabber, real estate agent, home stager, or involved in marketing real estate in any way, you might want to read on!When my family began real estate investing, we were completely dependent upon a Realtor that we hired to find us good deals. Do you know what that meant?MINISCULE PROFITS!We found out very quickly that finding a house to fix … [Read more...]
2012 Rental Update: Increases are a Mixed Bag
May 9, 2012 By Leave a Comment
2012 Rental Update: Increases are a Mixed BagIf you’re thinking about raising the rent or building a business plan based on a rent increase this year, this might be a good time for a reality check on the rosy forecasts issued at the beginning of the year (see Rental Outlook 2012: The Good Times Roll on).Unfortunately for single family landlords, virtually all the rent price data out there is multifamily, which reflects poorly on real estate data providers since there are now more single family … [Read more...]
Real Estate News by the Numbers: Weekending April 20
April 21, 2012 By Leave a Comment
Real Estate News by the Numbers: Weekending April 20A quick rundown of the important real estate news from the week of April 14 – April 20, by the numbers:33% – Increase in January, year-over-year, in short sales in the U.S. In total, 32 states saw an increase in short sales.6.9% – Increase in mortgage applications, on a seasonally adjusted basis, from the week before. The Refinance Index was up 13.5%, whereas the Purchase Index was down 11.2%2.6% – Decrease in existing homes sales in … [Read more...]
Real Estate News Week of March 10 – March 16
March 16, 2012 By Leave a Comment
A quick rundown of the important real estate news from the week of March 10 – March 16, by the numbers:35% – Amount who think the economy is heading in the right direction according to a Fannie Mae survey. The reading is 19% higher than results of a November survey.3.9% – Increase in seller’s ask price, year-over-year, as of March 5. Seller’s ask price increased year-over-year for the first time in 6 years this past December.21 – States that had an increase in foreclosure filings in … [Read more...]
Week of December 17 – December 23
December 24, 2011 By Leave a Comment
A quick rundown of the important real estate news from the week of December 17 – December 23, by the numbers:1.6% – Increase in new home sales in November from the previous month. 315,000 new homes sold on an annualized basis in November.14.3% – Revision downward in the number of home sales from 2007-2010 than what was originally reported by the National Association of Realtors, http://www.realtor.org. “In 2007, there were actually just 5.04 million existing home sales, 11% less than … [Read more...]
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