With the price of homes becoming more and more affordable, we have seen an increase in the amount of homes being sold each month. In fact some reports showed an increase in the average price of homes sold from January to February. Granted the increase has only been in certain areas as others are still [...]
I know you have heard it all. The real estate market has tanked and the world is ending. It seems these days the media is in a feeding frenzy to let us know the economy is terrible and there is no hope in sight. Speaking of our current rental market for single family residential properties, [...]
“I’m finally in it”, says the savvy investor. I’m finally in the investment game! He just had his first primetime real estate transaction. He’s been thinking about doing it for years. Finally with these prices, who can resist. His house is set to close next week. He wants to sit on it for awhile and [...]
In 2006 I flew back to Phoenix from New York and was seated next to a gentleman who was a “mortgage broker”. We discussed the housing market, and he informed me that they were already employing “foreclosure experts.” He predicted the market was “set to implode.” I had been in Europe two years earlier and [...]
In a recent article by, Gene Epstein, we are seeing a significant increase in demand for rental homes lately. “The American dream of owning a home is still alive, but it will be no more than a dream for a growing number of people over the next five years according to June’s reports on the [...]
If you have purchased a rental property or currently own rental property and are managing it on your own it doesn’t take too long to realize the many responsibilities involved and can become somewhat overwhelming. For some investors, the solution is to hire a property management company to manage the rental property. But is this [...]