Recent headlines suggest that home sales could be on the rise in some parts of the country, particularly in the South and Midwest. While analyst are being cautious not to sound too optimistic, the number of pending sales in December was up 6.3 percent according to the National Association of Realtors. This increase was largely [...]
Entries from February 2009
Austin Real Estate Outlook
Feb. 9th, 2009
Invest Arizona Real Estate: A Hot Real Estate Market
Feb. 9th, 2009
Arizona real estate market is really hot. The center of a lot of action in Arizona is Phoenix metropolitan area. However, when it comes to real estate investing, every area is hot. Based on whether you are looking for Arizona real estate just as an investment avenue or whether you are looking to actually live [...]
McMansion Home Buyers, Risking It All
Feb. 6th, 2009
The other day we were watching a young, childless couple shop for a house in a Midwest market on TV. They were looking for a large, 6,000 or 7,000 square foot home for about $800,000 to $900,000. They were setting themselves up for a number of real problems. Here are some of them. 1. They [...]
Why is it Important to Set Goals in Real Estate Investing?
Feb. 6th, 2009
We have all heard how important it is to set goals in our lives, specifically when there is something in particular that we would like to accomplish. But, how effective are you at setting goals in real estate investing? One of the most respected motivational speakers, Zig Ziglar, in his new CD series Goals, outlines [...]
What to Keep In Mind When Buying Foreclosures
Feb. 6th, 2009
With the economy going the way it is going house prices are dropping. This is a great thing if you are looking to buy a house. When looking for a home you will inevitably come across all kinds of deals and bargains along the way. If price is a very tangible object for you and [...]
Investing In Commercial Real Estate
Feb. 5th, 2009
Real estate is often termed as the safest investment avenue. In fact, real estate investments done with proper evaluation of the property (and its true value), can lead to good profits. This is one reason why some people pursue real estate investment as their full time job. The talks of real estate are generally focussed [...]
Orange Beach, Alabama: Living In Paradise
Feb. 5th, 2009
Have you ever thought how nice it would be to actually live by the beach instead of just visiting once or twice a year? Alabama’s gulf coast area may be just the ticket you need to help make your dream a reality. The adjacent communities of Gulf Shores and Orange Beach have a wide variety [...]
How to Negotiate a Great Price on a Bank Owned Property
Feb. 4th, 2009
If you are in the market for an investment property or a new home for you and your family, you want to get the best deal possible. You’ve likely heard lots of buzz about buying foreclosure properties. Consider buying a bank owned property, also known as an REO property. REO homes are a special type [...]
Positive Aspects of Purchasing REO Properties
Feb. 4th, 2009
After a home goes through foreclosure and isn’t bid upon in an auction, it becomes an REO property. REO means Real Estate Owned. This means that the property has reverted to ownership by the lender, and is just sitting there. There are several advantages to purchasing REO properties. Whether you’re an investor looking to make [...]
That Waterfront Home May Not Be Your Best Choice
Feb. 3rd, 2009
For some home buyers there is nothing to consider. They just have to have a home that is on or near a body of water. What that body of water is all depends on their personal preference. There are those who love the beaches and the horizon you can see looking out over the ocean. [...]