So Oil is expected to reach $100 here very soon and it is sitting currently at $80 dollars a barrel for light, sweet crude oil. As I say that, I think back to why I as a Real Estate investment person is focusing on the world oil market. Let’s look at some facts of the [...]
Entries from March 2010
Crude Oil Races Towards $100 a Barrel, Spiraling Home Prices Downward!
Mar. 9th, 2010
Choosing the Right Apartment Successfully
Mar. 6th, 2010
There are many people that live in apartments all across the nation. The community environment and the lack of hassle that comes with renting is a prime situation. If you are looking to rent an apartment there are many tips that will make your search much easier. Being smart about your choice make take more [...]
Mortgage Rates Start To Fall
Mar. 6th, 2010
The 30 year rate fell from 5.05 to 4.97 this week. Mortgage rates have been yo-yoing the last few weeks. The 30 year rate rose from 4.93 to 5.05 last week. This week the 30 year rate dropped from 5.05 to 4.97. Throughout February rates where remarkably stable due to the lack of news. Now [...]
The Relationship Between Housing and Jobs
Mar. 6th, 2010
Most economists blame the messy bursting of the housing bubble for the Great Recession, yet it’s jobs that are discussed the most on the news. So what is the relationship, if any, between jobs and housing when it comes to the future of the economic recovery? Is it one of those vicious cycles where people [...]
Bend Oregon Real Estate – A Buyer’s Market
Mar. 5th, 2010
Real estate prices in Bend have been going up steadily over the last five years. According to statistics from the Multiple Listing Service of Central Oregon home prices have almost doubled in the last four years. The MLS shows that the number of sales of homes in the third quarter of 2006 was down 19.32%. [...]
Remodeling Amenities That Add to the Sale of Your Home
Mar. 5th, 2010
In preparing a home for sale, some homeowners don’t have a clue where to concentrate their efforts and appreciate a valuable tip or two. Read the questions below. If the answer is yes to any of these, follow the strategy to fix it: * Is the wallpaper throughout your home outdated? If yes, replace the [...]
The Fed Increases the Discount Rate and Mortgage Rates Start to Rise
Mar. 5th, 2010
So the big new recently was the FED increasing the discount rate. While the increase was not totally unexpected it comes at an interesting time. The FED is showing signs that they are worried about inflation and feel that the economy is on more solid ground. This is interesting because recently the economy has shown [...]
Buying Commercial Real Estate Part 2
Mar. 4th, 2010
Purchasing commercial real estate for you company is very exciting. This indicates that your company has had recent growth or is upgrading. Either way it is a sign of progress. As mentioned in the previous article, there are several steps that should be followed to make a wise real estate purchasing decision. In addition to [...]