Real Estate Investing Information
All the Real Estate News That’s Fit to RE-Print™
* The Housing Recovery Is Faltering
* Existing Home Sales Cool in January
* Housing Starts Down 2%
* 13% of Total Sales Are “Distressed” Sales
In recent years, dramatically falling interest rates, housing inventory, vacancy rates, and cap rates have lead to rising residential and commercial values because they’re inverse to one another–like a see saw on the playground.
Let’s enjoy the good times…
I’ve often thought of real estate investing as looking for buried treasure except that in this case, it’s treasure that everyone can see, if they only had the eyes for it.
So how do you develop a house-buying eagle eye? The first thing you will need to do is to identify your “sweet spot”….
Highlights this week include:
* 39,000 Completed Foreclosures in December
* November Sales: 36% All Cash
* Foreclosure Activity Increases 5%
* Home Prices Up 5%
* Housing Starts Reach 6-Year Highs
* New Home Sales Rise 11.6%
* Best Markets for Buying Rental Properties
Technology changes fast, and that’s a great thing for everyone involved with real estate.
Here are some of the best web resources and mobile apps that make it so much easier for real estate investors to connect with motivated sellers, operate more efficiently, and do more deals.
* Home Prices Rose by 5.5%
* 273,000 Residential Properties Regained Equity
* Foreclosure Inventory Down 35.5 percent from a Year Ago
In real estate investing, time is money. Sellers are more likely to sell to the buyer who can fund and close the fastest and easiest.
Investors who can fund the quickest are the most likely to get their purchase offers accepted by motivated sellers.
The most common question I get is: “How do I make cash right now in real estate? I have no money to put down and my credit is horrible!”
Not impossible, but it will take hard work, dedication, and learning a few tricks I have up my sleeve….
* National Home Price Index Pace Eases
* From Corelogic: The 2015 Housing Outlook
* Existing-Home Sales Lose Momentum
* 3% Down Payment for First-Time Homebuyers