affordable housing: Are We Seeing the Growth of the Next Residential Real Estate Bubble?
- 12/28/09 05:03 PM
Consider the following points when considering whether we are witnessing the next residential real estate bubble: The U.S. Census Bureau released median income statistics on September 21, 2009. Do your buyers' have income above or below the Median Income (see, http://www.census.gov/hhes/www/income/statemedfaminc.html)? The IRS released updated expense standards effective November 1, 2009. Are your buyers' actual household expenses above the IRS National Standards (see, http://www.irs.gov/businesses/small/article/0,,id=104627,00.html)? Will their actual household and utility expenses exceed the local standard for their state (see, each state's local standard at http://www.irs.gov/businesses/small/article/0,,id=104696,00.html)? If their average monthly income (gross income before taxes) is less than the median income in … (2 comments)
affordable housing: Cape Canaveral Property
- 08/18/09 02:14 AM
We have a client that owns a 20 unit Cape Canaveral efficiency apartment building. The property is about 1500 feet from the beach. Units rent weekly and monthly. They are clean, neat, and safe. Great temporary or long term housing for singles or couples in need of interim housing, or find themselves in "economic transition." If you know of anyone, including any church groups, unions, or outreach groups that support people need, please let me know or have them contact the property managers, Marie or Tammy, at (321) 783-6652. … (0 comments)
Consider the following points when considering whether we are witnessing the next residential real estate bubble:;)
;)
