|Real Estate Information|
The Great Real Estate Bubble Quiz
You hear it asked on the radio, in the newspapers and on TV.
"Are we experiencing a value bubble in real estate and is it
ready to burst?"
Do you have an answer for that question? Do you have a guess?
Yes, I know the so called experts are lining up on both sides of the question. But what about you? You're living right in the middle of the action. You can judge what's happening in your city - your neighborhood.
Are property owners going to be safe or sorry?
To help you form an opinion of the current state of the real estate market we have created the...
GREAT REAL ESTATE BUBBLE QUIZ...
Everyone gets a passing grade and no homework is required, so put your thinking cap on and jump in...
True False Question
___ ___ Boston Real Estate values are up 90% in the last six years?
___ ___ San Francisco real estate values are up 90% in the last six years?
___ ___ Denver real estate values are up 90% in the last six years?
___ ___ The price of the average home in New York was $50,000 in 1975 and is $325,000 today..a gain of 550%?
___ ___ The average home price in Los Angeles was $50,000 in 1975. After a gain of 500% it sells today for $300,000?
___ ___ A 6,000 sq ft home in Greenwich, CT. worth $500,000 in 1987 sells today for $4-million?
___ ___ Fannie Mae, the largest buyer of mortgages in the US, issued a report warning that the probability of a housing bust has risen sharply in certain parts of the country.
I bet you scored 100% and earned your "Doctorate of Bubblology".
OK, why is Fannie Mae so glum? They point to loose (We would say CRAZY) lending practices, like interest only loans and the increase in loan approvals that are not backed by full documentation of the borrower's income and assets.
We imagine a borrower's conversation with a lender today goes something like this:
Borrower: "Will you give me a quarter of a million
dollar mortgage loan."
Now you may be thinking that skyrocketing values are in an isolated number of big cities, right? That's true, but those cities are our major commerce centers. When things go bad there the negative effect ripples across the country.
Here's the bottom line: Our economy is always blowing bubbles. Some burst and some don't.
Only time will tell about this one.
Mark Walters is an investor-entrepreneur helping other investors from his Web pages at Lease-Option-Sub2.tk
The Many Ways To Profit From O.P.P.s Multiple Cash Streams
In a previous article we introduced you to the concept of O.P.
Real Estate Investing In Belize
Any trip to Belize starts fantasies of owning a beach villa, or a jungle resort. There are a lot of North Americans in this English speaking, former English colony.
Real Estate Investment - Why it is Big Business?
When examining the different asset classes, real estate is generally far less volatile than shares and real estate tends to be the haven that investors flock to when other asset classes are suffering.It is true to say that investment properties can have many benefits in terms of building long-term wealth, but we must never forget that this wealth is not guaranteed!Following the global real estate boom of the late 1980's many investors learnt this hard lesson when they found their properties were worth far less than they had actually paid for them and the bottom seemingly fell out of the over-inflated market.
Searching for CLUEs: What Homebuyers & Sellers Need to Know About Homeowners Insurance
Homebuyers and sellers should be aware about issues involving homeowners insurance and the C.L.
Part 1: FAQ's From Media Interviews With Real Estate Author
Do you feel there is going to be a real estate bubble?Nash: No. Are some coastal and resort markets over-heated, yes.
Fixtures, related to real estate, are items that were originally personal property but are now attached to the property itself. This becomes the toughest issue when tenants attach fixtures to a property.
Land for Sale
Think owning land would cost a fortune? Think again! While land prices on the extreme coasts motors upward, there are millions of parcels for sale throughout the USA that can fit into anyone's budget. There is probably a land deal that could make you a profit happening right under your nose right now.
The Psyche of The Seller and The Tenant Buyer
For those of you who were not psychology majors the "psyche" is someone's mind. What motivates them.
Donald Trump on Real Estate
I love what Trump says about the business of real estate.I am a big believer in setting up business systems for all my clients.
Why Mobile Homes?
There are mobile homes for sale, for much less than stick-built houses, in most areas of the country. Despite persistent predjudice against them, and sometimes the people living in them, mobile homes are the cheap housing choice of millions.
New or Old House?
A lot of buyers think that a new house is the way to go but it's important to have some knowledge of quality and of the builder. New paint, carpet, doors, windows and cabinets are a quick and easy sell.
The Best Way To Get Real Estate Listings
The Real Estate Industry is HUGE and is a golden opportunity for real estate agents. National average home sales exceed $200,000.
Odors Can Make or Break The Sale of Your Home
It's amazing how important the sense of smell is to many people. If you're selling your home, and this applies across the board to houses, townhouses, condos, apartments, or whatever, you need to be aware of the power of odors.
Selling Houses with Curb Appeal and Design Psychology
Curb appeal is the most important challenge you'll face when selling your home. You must make home shoppers feel like getting out of their car to see what's behind the front door.
Does Staging Work?
Staging can involve minimal effort on the part of a seller. Merely rearranging furniture can show a house off to advantage.
Dubai or not to Buy? A Short Assessment of the Dubai Property Market
Never has there been such an ambitious and creative drive to establish a property market as has been witnessed in Dubai over the past three years. Running short on oil reserves, Dubai's crown prince, Sheikh Mohammed Al Marktoum, set out to turn Dubai into the financial, commercial and tourism capital of the Middle East and in the space of three years he has more than succeeded.
Real Estate Development Feasibility Study (Income) - $1.2 Billion Developer Tells You How To Do One
There are two sides to a feasibility study and in an earlier article I discussed the cost side of the format and:Now Let's Discuss The Income SideWithout the Sales Income, All You've Done Is Spend Money, And Anyone Can Do That.So that we are clear in what I am going to define for you, let me say that there are two forms of Income.
How To Negotiate A Higher Price For Your House
Negotiation is where many FSBO home sellers really have problems. The wrong attitude or a slip of the tongue could cost you thousands.
Landlords Dance The FICO Fandango
Fair Isaac Corporation is the creator of the FICO credit score that is used today by most lenders to evaluate consumer credit risk. FICO scores range from a poor credit low of 500 to a best credit rating of 850.
Condo Hotels Offer Luxury and Great Investment Potential
Not Your Typical Vacation HomeWhat could be more perfect that owning a luxury vacation home at a landmark resort and receiving rent revenue whenever you're not using it? Condo hotels are the newest trend in vacation home ownership. Live in it when you're there; rent it when you're not.
|home | site map|