Real estate blog entries tagged with real estate investing by Sam Thompson - GMAC Mortgage - NC and SC 910-280-1114

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Home : Blogs : Sam Thompson - GMAC Mortgage - NC and SC 910-280-1114 - NMLS#70388 : Sam's Blog : Tag "real estate investing"

real estate investing: Call your friends with money!! Now is a great time to invest in real estate... - 12/05/11 10:07 PM

Do you have any friends with money? Maybe they need to think about investing in Real Estate now!!
I read an article in Nov/Dec edition of Realtor Magazine by Chief Economist Lawrence Yun. He pointed out the housing affordability is about the best it has ever been. This is great for cash buyers but not so much for others with the mortgage lending tightening.
Lawrence said that rents rose 3% in the 3rd quarter of 2011 and the data indicates that this trend will probably continue. IF this trend continues at an anually rate of around 3.5%, rents will double in … (2 comments)

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Sam Thompson - GMAC Mortgage - NC and SC 910-280-1114 - NMLS#70388

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