mesa: Bad Market? For Whom?
- 10/31/08 05:53 AM
You've all seen the headlines and news articles, "The goal of owning a home seems to be getting beyond the reach of more and more Americans," Business Week; "Housing experts predict price rises in the future won't be that great...," National Business Journal; "The golden age of risk free run ups in home prices is gone." Money Magazine; "A home is where the bad investment is." San Francisco Examiner. But wait! There's more! I neglected to give the dates these articles came out. The Business Week article came out in 1969 when the average sale price of a home was … (0 comments)
mesa: Getting a "Good Deal" in real estate.
- 10/08/08 12:38 PM
So what is a deal anyway? Often I have heard from buyers that they will buy a property as long as they can get, "a good deal on it." So the question, "What is a deal?" needs to be clarified. For some it is buying a house "below market value." For others it is, "a property that can be fixed up and resold in a short period of time for a profit." For others it is "a place tomake our home that we can afford comfortably." and for others it is a property that can be bought and rented for close … (7 comments)
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