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…
Read MoreEmpowering 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…
Read MoreChoosing 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…
Read MoreGrim 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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