supply demand: SELLERS NOT EVERYTHING THAT GLITTERS IS GOLD
- 02/08/14 12:00 AM
I have seen some nice houses and people who are proud to either own them or want them. Sellers tend to want top dollar for a home that is in good to pristine shape. I understand that. However some things make a home sell quicker and not necessarily for more money
QUICK SALE DYNAMICS
When you present anything for sale, if it is orderly, clean and presentable catching the eye and the interest that follows, well that is going to move us forward toward a purchase or sale. If however you have a special piece or item, then that "extra" may bring in … (7 comments)
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supply demand: INVESTOR SAYS ANYTHING BEATS THE MONEY SITTING
- 01/26/14 11:01 PM
I recently did an open house scheduled for an auction and ran into a casual investor. The business plan they were using was based on a simple formula of short term gain principals. They buy a piece of property, make minimal repairs and then flip it for a return. WHY?
TO MAKE A BUCK
The answer they gave was that money sitting doesn't do anything now a days. So that causes people to look for performing or potential assets to invest in which is precisely what the government and lending institutions want you to do as well. Keep your investor money moving
THEY BUY … (5 comments)
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supply demand: INVESTORS IN RESIDENTIAL REAL ESTATE GO BACK TO WALL STREET
- 08/02/13 02:08 AM
Think about this. If the Residential Real Estate market was limited to people who want to buy homes and just settle down while making a living, not only would we have stability, but affordability as well. Part of the process would also help to build strong neighborhoods with solid communities of like minded people from all walks of life. Investors who dabble in Real Estate to generate large returns only want their money
REAL ESTATE RETURNS
Wall Street has been tested over the last 40 years and has been found wanting. Just over the last 10 years, it has literally turned … (13 comments)
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supply demand: GENERAL REAL ESTATE DISCUSSION AND DYNAMICS WORKS
- 07/06/13 12:45 AM
Interest rates and supposed tight inventory are causing a buying frenzy that I find good reason to raise an eyebrow on. Buy responsibly is my call to people. Just a few short years ago, people bought dream homes and mansions and those that had a home borrowed heavily and remodeled it into their dream home and everyone thought this is the normal way of things....until someone pulled the plug
TAKE NOTE
Oh don't be confused or fooled either. The plug was pulled and major industry players manipulated the market and made fortunes exceeding trillions of dollars collectively. They knew what they … (31 comments)
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supply demand: 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)
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supply demand: 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)
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supply demand: I GO HIGH YOU GO LOW AND WE MEET IN THE MIDDLE? NO NOT TODAY
- 02/26/13 10:48 PM
NO...that is not the way to buy or sell a house now a days. There was a time when that is how it worked. A seller would establish a value, up that value thinking that it was going to be countered lower and eventually end up at the true or expected sale price. The buyer's mentality was to see the price, automatically offer less and get a response or feel. Seller goes high, buyer goes low and we meet?
SUPPLY & DEMAND ACTIVITY SUGGESTS VALUE
Those days are gone is a safe statement to make. You can do this, but you … (15 comments)
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supply demand: 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)
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supply demand: SHORT SELLING EFFECTIVELY PROMOTES SHADOW INVENTORY LIQUIDATION
- 02/21/12 01:13 AM
The banks have to turn over product that has failed. The quicker they do this the better for all players and the economy too. About 13 million homes are still at risk and not on the market with 1-4 homes across the nation being in a questionable state. Short sale numbers to banks are beating out foreclosure returns. Perhaps now, we can speed it all up
LET'S MOVE WITH A PURPOSE NOW
The quicker we clean up an upside down mortgages, the better for all concerned. First, the defaulted buyer starts a 2- 3 year countdown to being able to purchase FHA. The … (0 comments)
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supply demand: INVESTORS BLED REAL ESTATE DRY WELCOME BACK HOMEOWNERS part 3
- 10/19/11 07:13 AM
We are learning that strip mining tactics when applied to old reliable Real Estate leaves behind devastation and destruction for all party players except the ones that know how to get in and out quickly using sophisticated investing schemes. That wild ride has come to a stop
BACK TO THE BASICS...THE OLD TRIED AND TRUE
It remains a sure thing, stable prudent sound investment for the long term hold. If you go 10-15 years or all the way to the finish line, you are guaranteed to own something that now does two things. First, it is a savings account unparalleled in … (0 comments)
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supply demand: INVESTORS BLED REAL ESTATE DRY WELCOME BACK HOMEOWNERS part 2
- 10/19/11 07:12 AM
The presented 3-part series is not intended to be anti-investor. Quite the contrary. Investors feed the economy and keep things moving. However, with all things a balance is necessary and we must not kill the goose that lays golden eggs, but feed it and take cafe of it
INVESTORS PAUSE...PRICES DROP
Now, you can feel the withdrawal of investors from the Real Estate market. They tried to get back in via short sales and some did very well until the banks caught on. As soon as they closed an escrow, they would re-sell for nice profits soon after. Some did double … (0 comments)
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supply demand: INVESTORS BLED REAL ESTATE DRY WELCOME BACK HOMEOWNERS part 1
- 10/19/11 07:11 AM
I was remembering when just a few short years ago, the stock market was not performing very well. There was buzz that investors will shift into Real Estate until the stock market calibrates itself. I was very pleased at that news. I was not prepared for how Wall Street would gut Real Estate
QUICK HIGH RETURNS
You see they wanted to make quick money and returns as well as remain close to liquid. Real Estate is not a liquid asset and it does not offer quick returns. However, when you modify the programs so that they do things they were not … (0 comments)
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supply demand: FEDERAL GOVERNMENT SUING BANKS FOR FRAUD...IT'S ABOUT TIME
- 09/02/11 04:58 AM
Imagine a cat, a bird in a cage and a quiet room. Fast forward a few moments into the same room. We heard a crash. The cage is on the floor, feathers scattered about, bird is missing and the cat is licking its paws. Would you conclude that the cat was involved or did a a strange wind just blow through the window and knock everything down?
MAYBE ITS THE CAT?
Well the wind is no where to be found, but we arraigning the cat. The Federal Housing Finance Agency is suing several of the big banks for something that has … (2 comments)
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supply demand: REAL ESTATE CYCLING SHOULD BE TAUGHT IN SCHOOL
- 08/29/11 04:42 AM
We have had 17 previous Real Estate cycles that tell us things. If someone is to buy a home, a huge investment for their future, they should at least be informed on the subject in a general and responsible way. I lost a small fortune many years ago because I was not aware of buying and selling cycles.
THERE IS A FLOW
There is a season for all things. Nature can boast of this example. In Real Estate, there is a time to buy and a time to sell and even one to invest. There are general rules and principals that … (0 comments)
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supply demand: WHEN THE DOWNTURN MEETS THE UPTURN...oh happy days...BUT WHEN?
- 04/19/11 09:22 AM
This is one of the most stubborn Real Estate cycles I have come across in my Real Estate career. This one wont go away, wont die, and wont give in. To make matters worse, the shadow inventory looms and has been calculated to be any where from 2-4 year supply of foreclosure homes...
CYCLES NEED AND TAKE TIME
Any solutions that will bring about some normality or resolution to the Real Estate cycle from hell will take time to implement, go to work and then show us the results. We are talking years here. To touch this around … (12 comments)
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supply demand: REAL ESTATE......WE BROKE IT..........THE FIX....... LONG TERM......
- 08/23/10 10:23 AM
One time I took my kids shopping for toys and let each one pick what they wanted. The day after, I saw one of these EXPENSIVE toys broken only after playing with it for a few hours. I found out that my kids were not ready for expensive toys, but I did not know that.....AND so it is with Real Estate and all the creative things you can do with it that were never intended for it and now.........WE BROKE IT.......the whole darn thing......
Approximately three years ago, I realized that Real Estate was floundering. I knew we were going through … (12 comments)
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I have seen some nice houses and people who are proud to either own them or want them. Sellers tend to want top dollar for a home that is in good to pristine shape. I understand that. However some things make a home sell quicker and not necessarily for more money
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