If you were told that the Las Vegas real estate market was one (if not the) most deeply hurt real estate market in the nation, you probably wouldn't be surprised. The good news is that the housing markets that took the biggest gouge in price are also the markets that are recovering the quickest. Recent reports show that Las Vegas condos and investment properties will even out in 2011 and then increase in value in 2012.
AP - Construction spending tumbled in July to the lowest level in a decade, as the housing market struggles in the weak economy and without a popular home-buying tax credit.
AP - Construction spending tumbled in July to the lowest level in a decade, as the housing market struggles in the weak economy and without a popular home-buying tax credit.
Investors who were badly burned in the collapse of the housing market in 2007 have been in the hunt for more opportunities to make a profit - and have discovered how investing in bulk REO listings can result in huge profit margins and significant return on investment (ROI). Now, as the practice matures and becomes more common, more investors and entrepreneurs are taking advantage of a surplus of bank REO properties and learning how to get into the practice of buying and selling in bulk.
The Motley Fool - The recent pullback in the stock market has many investors running for cover. Meanwhile, fear of an imminent double-dip recession and concerns about renewed pressure in the housing market has pushed bond prices to historic highs, reducing bond yields and creating an income crunch for savers. Throughout 2010, billions of dollars have gone into bond mutual funds, and the trend shows no sign of reversing anytime soon.
The Motley Fool - The recent pullback in the stock market has many investors running for cover. Meanwhile, fear of an imminent double-dip recession and concerns about renewed pressure in the housing market has pushed bond prices to historic highs, reducing bond yields and creating an income crunch for savers. Throughout 2010, billions of dollars have gone into bond mutual funds, and the trend shows no sign of reversing anytime soon.
One of the latest trends in the real estate industry today is buying and selling bulk REO properties. While REO properties have been in vogue for decades, the housing market crisis of 2007 has sent the industry through the roof in terms of investors looking to cash in on the depressed housing markets.
Reuters - The Obama administration has not decided whether it should resurrect a popular tax credit for first-time homebuyers, Housing and Urban Development Secretary Shaun Donovan said on Sunday.
AP - The Obama administration's top housing official says several new programs are in the works to help try to revive the housing market.
Reuters - The number of U.S. homes headed for foreclosure fell in the second quarter for the first time since the housing slump began in 2006, but improvements may be fleeting as the number of newly delinquent homeowners rose, a banking group said on Wednesday.
Wednesday, September 1, 2010
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