real estate markets: TOYOTAS AND HOUSES
- 06/15/11 01:41 PM
What, you may ask “do Toyotas have to do with houses”. Actually they have nothing in common, but the relationship between them is a graphic way of demonstrating the impact of value appreciation and price increases due to inflation. This analogy is one that I first heard from my friend David Campbell of Hassle Free Cash Flow Investing. I liked David’s analogy so much that I have adopted it. Prior to becoming a real estate investor, David was a teacher, and like many good teachers, is better at explaining complex concepts than us long-time Real Estate Junkies. So lets begin the … (0 comments)
real estate markets: BUYERS REJOICE--THERE IS BLOOD IN THE STREETS!
- 06/15/11 01:35 PM
As Baron Rothschild once observed, “The time to buy is when there is blood in the streets”. To say there is blood in the streets may be a bit of an exaggeration in describing today’s housing market, but the recent release of the Case-Shiller Home Price Index report that nationwide home prices have hit a new low is Bad News for Sellers but is Great News for Buyers. Of the 20 major metropolitan areas included in the index, only Washington, D.C. and Seattle avoided the downward trend. And while there is price appreciation being experienced in Alaska, North Dakota and several … (0 comments)
real estate markets: NOW IS THE OPPORUNITY OF A LIFETIME TO BUY REAL ESTATE!
- 06/04/11 01:22 PM
I believe that now is the opportunity of a life time for buying real estate for three reasons: Most folks are very pessimistic about real estate right now and therefore it is a strong Buyers Market without a lot of competition. Therefore properties can be purchased for significantly less than replacement cost! Interest rates are still near their lowest level in the last 50 years! Often a small change in interest rates can increase the cost of ownership much more than a change in price. For more on this see Price/Interest Dilemma. In spite of the attempt of the government to … (0 comments)
What, you may ask “do Toyotas have to do with houses”. Actually they have nothing in common, but the relationship between them is a graphic way of demonstrating the impact of value appreciation and price increases due to inflation. This analogy is one that I first heard from my friend David Campbell of Hassle Free Cash Flow Investing. I liked David’s analogy so much that I have adopted it. Prior to becoming a real estate investor, David was a teacher, and like many good teachers, is better at explaining complex concepts than us long-time Real Estate Junkies. So lets begin the … (0 comments)
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