Archive for August 2009

Housing Rebound?…Or Are We Headed For A Double-Dip Recession?

* Nouriel Roubini: “A sustained rebound in housing demand is vital for bringing down elevated levels of housing inventories and stabilizing prices. With housing affordability at an all-time high, buyers are responding positively to falling prices, historically low rates on mortgages and a US$8,000 tax credit for first-time home buyers.  Still, home sales and purchase…

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Empowering Tips For The First Time Real Estate Investor

Here are some simple things that you should consider when investing in real estate, especially if you are a first time investor.  They can help avoid pitfalls of being an investor…. *Make sure you have recent comparables.  Do not rely on the tax-appraised value of your property.  In the current real estate market, comparables need…

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Choosing Your Real Estate Agent

The decision to buy or sell a home is a major financial decision. In this market, choosing the best real estate agent could make a significant impact on how successful you are with your transaction. Some important tips for choosing your real estate agent… *Ask a friend for a referral(s).  Friends can give you a…

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Grim Outlook For The Housing Market…

The outlook for the housing market in the southwest region is very grim.  In particular  Nevada, Arizona, & California where there was a major increase in housing prices until the  housing bubble burst…since then, housing prices have fallen 62%. In Nevada, numerous builders have filed for Chapter 11 Bankruptcy protection, while others  have just ceased…

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