low interest rates: PREVIOUS HOME STARTS AT ONE MILLION?
- 04/21/17 06:40 AM
I find it interesting after having lived a few decades and Real Estate cycles of different types and purposes that the places of my youth that I worked hard to purchase as a home to live in and raise my family at that time are now worth $1,000,000.00. Why? My first home cost $60,000 and my second one bought years later as a trade-up cost $325,000. Today, they both go for a cool million REAL ESTATE PAYS Don't be deterred or run-off by the Real Estate cycles that have values coming and going. NO. Respect and learn about these cycles but treat them as merry-go-rounds where … (2 comments)
low interest rates: MILLIONS OF HOMES ARE BEING HELD BY INVESTORS
- 07/07/14 04:29 AM
During the most recent Real Estate cycle and its resulting crash, many investors headed toward Real Estate and away from Wall Street to gobble up all the distressed properties they could lay their hands on. Banks were selling bulk portfolios to investors and their companies for tens of millions of dollars at a time all in cash too SHORT TERM HOLD Then, investors would make the necessary changes to their holdings as necessary finally renting them out and then going into a holding pattern. During this time, income from the properties would offer a cash return until they decided to cash in for the full return...thus completing their … (2 comments)
low interest rates: REAL ESTATES CYCLE AND ALL YOU NEED TO KNOW
- 06/21/13 02:13 AM
It is so simple but all so relevant to acknowledge and respect a Real Estate cycle because it is no respecter of people or properties. It is much like a giant tornado or hurricane and will run its course wherever and whenever it chooses too. It is over when it is over. We have systems that can mitigate the damage but the best lesson to be learned is as follows BUY LOW...SELL HIGH Now where have I heard this before? This is not some fancy Real Estate talk or expression. It is a major event summed up in just 4 words … (32 comments)
low interest rates: BANK INVENTORY IS APPRECIATING TOO part 2
- 04/30/13 12:57 AM
In part 1 we examine how the control of the Real Estate market was and is in the hands of the banks and that the shadow inventory has yet to fully loose itself so that the market can correct and run as a free market under normal push and pull dynamics. That would be sellers and buyers coming together willingly and transacting. It is a form of self-regulation THE ROOTS OF FAIR MARKET VALUE (FMV) Now, correction is starting to come into the Real Estate arena by promoting and allowing the willing buyer and willing seller dynamics with no other forces, … (7 comments)
low interest rates: BANK INVENTORY IS APPRECIATING TOO part 1
- 04/30/13 12:55 AM
Amazing on how if you wait long enough and live through things everything reveals itself and comes around again. Banks, borrowers and related fields went from huge losses to stabilization and now are approaching appreciation which leads to equity building. What was once a liquid-able asset known as a LOSS and a WRITE-OFF is now beginning to become more of a money making than taking asset BANKS HAVE DATA WE DON'T The shadow inventory that my pal Carla Muss Jacobs wrote about in a post remains invisible but all so present. However the public does not know what it is or … (4 comments)
low interest rates: REAL ESTATE FLIPPING WAS CASUAL...at first
- 02/13/13 12:30 AM
Remember about 7 years ago right before the foreclosure nonsense reared its ugly head, teams of investors where like ants all over a picnic making moves to buy and then sell for a quick profit. Wall street disappointed them and Real Estate beckoned. In new construction it wasn't uncommon to have one buyer buy 1-5 units, negotiate a hard bargain and then close them only to resell them as quickly as they could THE BEGINNING OF THE CRASH Then the foreclosures and defaults started and people saw Real Estate values starting to crumble right before their eyes. It was then that … (4 comments)
low interest rates: REAL ESTATE FIELDS FOR EVERYONE
- 04/21/12 03:04 AM
Be found at work or at play in the fields of Real Estate. WHY? Because as you travel through life, you will always need a place to lay ones head. Furthermore, you may want to establish a quality of life for your self or others. Real Estate does that. We spent the last several years showing what it doesn't do, but it does do what it was intended to do IT PAYS FOR ITSELF With anything of REAL value, it appreciates or at the very least holds its value with time. Wine, cheese, jewelry, antiques, and land with location dynamics matures and realizes into … (7 comments)
low interest rates: YOU KNOW THAT PRIME PIECE OF PROPERTY WE PASS BY ALL THE TIME?
- 03/04/12 11:10 PM
You pass by them every day wherever you go. At some point, everything was for sale and someone bought it. It was prime and in demand then.... and is prime and in demand now. You see property was just a property for sale at market value and someone said..hey, I think I will buy that for whatever reasons they had. Now, they are glad they did AGED CHEESE AND WINE Time doesn't just work wonders on cheese and wines you know. Real Estate is always moving and never standing still because it is in demand either by a buyer or a seller. … (2 comments)
low interest rates: BUY NOW PAY IT OFF AND THEN OWN REAL ESTATE OUTRIGHT
- 11/16/11 11:23 AM
Anyone between the specific ages of 20-30 years old has to consider buying something and holding on to it. Never sell what you bought. Keep it locked in at today's prices and interest rates no matter what the devil whispers in your ear. If you make a moderate purchase, chances are the P. I. T. I. is in line with rental rates for the area HERE'S THE LONG TERM THOUGHT So here is how it will work. You either live in the home for five years or forever. If you move in five years, you rent it out. It then pays … (2 comments)
I find it interesting after having lived a few decades and Real Estate cycles of different types and purposes that the places of my youth that I worked hard to purchase as a home to live in and raise my family at that time are now worth $1,000,000.00. Why? My first home cost $60,000 and my second one bought years later as a trade-up cost $325,000. Today, they both go for a cool million
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