Monday, April 12th, 2010
Even as prospects for the American economy brighten, consumers are about to face a new financial burden: a sustained period of rising interest rates.
That, economists say, is the inevitable outcome of the nation’s ballooning debt and the renewed prospect of inflation as the economy recovers from the depths of the ...
Posted in buyers, Investing, Lending, Lessons, Techniques | No Comments »
Friday, April 9th, 2010
America's most undervalued cities
Four years after home prices hit their peaks, CNNMoney looks at how 330 metro areas have fared.
Metro area
Median
home price
% undervalued
2010
% undervalued
2006
Las Vegas, Nev.
$129,700
-41.40%
38%
Vero Beach, Fla.
$123,300
-39.80%
54%
Merced, Calif.
$102,300
-37.70%
77%
Cape Coral, Fla.
$118,700
-36.80%
52%
Houma, La.
$116,200
-34.60%
-1%
Port St. Lucie, Fla.
$115,600
-33.30%
72%
Warren, Mich.
$117,500
-32.30%
15%
Vallejo, Calif.
$196,900
-31.90%
53%
Stockton, Calif.
$145,100
-31.80%
72%
Modesto, Calif.
$138,700
-31.80%
67%
Midland, Texas
$133,100
-30.70%
-7%
West Palm Beach, Fla.
$164,400
-30.30%
57%
Lake Charles, La.
$101,600
-29.40%
N.A.
Lafayette, La.
$126,700
-29.40%
3%
Naples, Fla.
$199,900
-29.00%
84%
Killeen, Texas
$106,700
-28.80%
-16%
Houston, Texas
$128,200
-28.80%
-14%
Sarasota, ...
Posted in buyers, Distressed, Foreclosures, Investing, seller's | No Comments »
Monday, July 14th, 2008
As the real estate market continues its downward spiral with no end in sight, homeowners who must sell now are finding the going tough and getting worse. For those homeowners, committing the most common mistakes are amplified and can cost thousands of dollars. If you find yourself having ...
Posted in buyers, Lessons, seller's, Techniques | 1 Comment »
Friday, April 11th, 2008
Not Much Gloom and Doom For Oahu, Hawaii's Real Estate Market
During March, Oahu sales of 282 single-family homes and 392 condominiums were reported through the Honolulu Board of Realtor's MLS, decreases of 14.5 percent for single-family homes and 27.5 percent for condominiums, compared to the same month last year. This ...
Posted in buyers, Distressed, Foreclosures, Investing, seller's, Techniques | No Comments »
Thursday, April 10th, 2008
I thought this was an interesting video:
History of the Housing Market
Source: Yahoo Video / ABC News
Posted in buyers, Investing, Lessons, seller's, Techniques, Uncategorized | No Comments »