Recent reports show that we currently have more than a 12 month supply of housing inventory. This means that based on the sales activity of the last 12 months it will take more than 12 months to sell all the active properties on the market today. Keep in mind that during that time we had an artificial demand period due to the $8,000 tax credit, so those numbers are going to tweak the supply number down.
Tuesday, August 31, 2010
Recent reports show that we currently have more than a 12 month supply of housing inventory. This means that based on the sales activity of the last 12 months it will take more than 12 months to sell all the active properties on the market today. Keep in mind that during that time we had an artificial demand period due to the $8,000 tax credit, so those numbers are going to tweak the supply number down.
Sunday, August 29, 2010
If you have never heard of the term 'REO', and yet have an interest in investing in real estate - historically one of the most profitable investment sectors on the market - this article is for you. Investing in real estate has long since been incredibly profitable for many entrepreneurs, and still remains popular, even after the housing bubble popped in 2007 and 2008.
Friday, August 27, 2010
AP - Southern California's home-sale listings are beginning to resemble an index to the country's most famous mid-20th-century architects, with more marquee properties languishing on the market as the well-heeled become increasingly reluctant to buy.
Friday, August 27, 2010
AP - The real-estate meltdown has hit some of Southern California's most valuable architectural treasures, with homes that once sold briskly for stratospheric prices now selling at a loss — if at all.
Wednesday, August 25, 2010
AP - A trade group says home sales dropped in Ohio last month as the market slowed following the expiration of government tax credits for buyers.
Wednesday, August 25, 2010
Reuters - New U.S. single-family home sales unexpectedly fell in July to set their slowest pace on record while prices were the lowest in more than 6-1/2 years.
Monday, August 23, 2010
You could either win or lose money in real estate investing just like any kind of business. Having the right knowledge of the market helps you know a good buy when you spot one.
Monday, August 23, 2010
You could either win or lose money in real estate investing just like any kind of business. Having the right knowledge of the market helps you know a good buy when you spot one.
Tuesday, August 17, 2010
Learning how to flip house to make a big profits can change your life. There are not many businesses out there in the market where you can make such hugh profits with relatively little effort on your own part. Like any business venture that you embark on however you will need a proven strategy and pointers to help you on your road to success.
Tuesday, August 31, 2010
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