The Standard & Poors/Case Schiller Index is showing that after the prior 3 quarters of the lowest of low housing prices nationally, home prices have shown a modest 3.6% rise. It appears that this is not the case for all areas, and regionally (Orange County) home prices have remained fairly stable, with some areas in the coastal communities doing pretty well. There is some speculation that a backlog of foreclosures will soon be heading to market and may further depress home prices. Many major metropolitan areas are reporting home values (2 comments)
I attended an real estate investor's club meeting the other day and it got me thinking about the best way to approach investors. What do they need from an Appraiser? What service can a Broker best provide to them? What triggers their interest in an investment property? I was fortunate to have attended on that day and be able to listen to "Uncle" Tony Alvarez (0 comments)