Is a New Real Estate Buying Frenzy Creating a Seller’s Market? The Fed just released a report indicating the real estate market is experiencing widespread improvement. For those who are actively buying properties right now, this should come as no surprise. With numerous investors and funds actively pursuing real estate investments, it’s not uncommon to see properties going into multiple offer situations – many times resulting in properties selling over list price.While this feeding … [Read more...]
Realtor Ads as a Gauge of Your Local Real Estate Market
October 1, 2012 By Leave a Comment
Realtor Ads as a Gauge of Your Local Real Estate Market Investors are constantly bombarded with statistics. Housing starts are up in the United States, housing starts are down in a particular city. Resale inventory is high, retail inventory is low, short-sales are up, short-sales are down. Don’t get me started on the “shadow inventory” that’s been poised to flood the market for years now. It’s very easy to get caught up in all these statistics. Unfortunately the numbers can be … [Read more...]
A Sawtooth Recovery: Validation of What You can Expect in Our Housing Market!
September 22, 2012 By Leave a Comment
A Sawtooth Recovery: Validation of What You can Expect in Our Housing Market! Back in May of 2010 I wrote an article for BiggerPockets with the title of, “A Saw Tooth Recovery.” By the title you can guess that the housing recovery was expected to see ups and downs in both prices and inventory until a full recovery could be expected. Two years later it seems that indeed we are in the middle of a Saw Tooth Recovery. As predicted, we are just now experiencing a bottom in inventory and … [Read more...]
Upside of a Down Market
September 3, 2012 By Leave a Comment
Upside of a Down Market The real estate market experienced such a prolonged downturn that it created a number of new opportunities for those who stopped wallowing in misery and got on with their business. Few areas were hit as hard as Las Vegas yet many investors and realtors are thriving. So many real estate agents left the business that it reduced competition among those who remained. It also allowed the truly skilled to standout. Some whined about the lost commissions of yesterday while … [Read more...]
The Recovery: Coming to a Market Near You
August 8, 2012 By Leave a Comment
The Recovery: Coming to a Market Near You Whatever you want to say about the toddling real estate recovery, it’s certainly not boring. Even though it’s so young that it’s still in diapers, it’s surprising the experts as it delights and disappoints simultaneously.After several false starts, the recovery looks to be real this time and the longest real estate depression in the nation’s history is beginning to end. Some are now even talking about the real estate recovery outpacing … [Read more...]
Friday Asia Digest – Emerging Markets Lead Asian Supremacy
August 3, 2012 By Leave a Comment
Friday Asia Digest – Emerging Markets Lead Asian Supremacy Thailand, Indonesia, Malaysia – Asia’s TrailblazersStill hot on the heels of last week’s released financial figures, summing up the first two quarters of Asian property market performance, deeper analysis now reveals that prime property prices in the region have risen %3.4 since the beginning of 2012 – a trend led mostly by Thailand and Indonesia. In Bangkok alone (pictured on right), prices have risen by an astounding %29 … [Read more...]
So… Your Market Sucks! 7 Indicators That Your Business Model Needs to Change
July 20, 2012 By Leave a Comment
So… Your Market Sucks! 7 Indicators That Your Business Model Needs to ChangeIn my last article, I wrote about positioning your real estate business for success and maximum profits. The key, in my opinion, is to know that what you are doing is not working.Your Market Sucks! Now What? The key is that sooner or later whatever you are doing in your market may not work and while you can continue to try to make it work, you might just find yourself working harder and getting further behind.The … [Read more...]
Marketing a Seller Carry Back Deal
May 11, 2012 By Leave a Comment
Marketing a Seller Carry Back DealI feel extremely uneasy when someone refers to me as an expert, unless, of course, it has to do with breakfast cereal or cheap red wine. Luckily, this doesn’t happen very often. I also don’t like real estate professionals, social media consultants, bloggers and economists referring to themselves as experts. Seems a little vain to me.The only thing I really know about real estate investing is that I don’t know everything. And when I read the … [Read more...]
Door Knocking, Direct Mail and New Markets for Real Estate Investors
April 27, 2012 By Leave a Comment
Door Knocking, Direct Mail and New Markets for Real Estate Investors“Hello, my name is Marty. The company I work for asked me to drop by today to see if you’d be interested in selling your home. No? Well, if you change your mind, or perhaps you know someone in the area that would like to sell, please take my card and this information about our company. Thank you.”From 2004-2006, I used a variation of this script to knock on 60-80 doors every weekend. I was very strategic about the doors … [Read more...]
Researching a Market And Steps That Need To Be Taken
March 23, 2012 By Leave a Comment
Researching a Market And Steps That Need To Be TakenYou’ve heard the rumors – there is money to be made in that neighborhood or that commercial location. But is it really a good time to invest in that particular market? You won’t know until you do your homework.Researching a real estate market is hard. It’s probably the toughest job we have because there’s a lot of data and not a lot of resources on how to use it. Well, today that changes. In this crash course, I’m going to give you … [Read more...]
Investing Strategy that Works in ANY Market Especially Real Estate
March 4, 2012 By Leave a Comment
Investing Strategy that Works in ANY Market Especially Real EstateOne thing that the last several years has taught us is that financial markets can go up and they can go down. The real estate market is no different. When markets go up, everyone is happy and even bad investments can turn out okay. When markets go down, investors who used the wrong real estate investing strategy at the wrong time can get wiped out. Down times separate the good real estate investors from the bad or just lucky … [Read more...]
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Friday Asia Digest: Singapore RE Market White-Hot, India Steps Up Its Game
Friday Asia Digest: Singapore RE Market White-Hot, India Steps Up Its Game Singapore’s residential & industrial real estate sectors are on fire, despite government attempts to keep prices under control. July saw 1,946 new homes sales, a rise of 42 percent month-on-month. That puts the total sales figure for the first eight months of 2012 at 15,300 new properties, close to the full-year total of 2011. Savills anticipates a return of foreign investors into the Singapore property market. … [Read more...]