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Real Estate in US

03.09.08

Location…Location… Location… The Most important thing in Real estate Property Valuation, Real Estate in UK, Real Estate in US, Real Estate Trends | (4)
If there’s one thing that will decide the ROI on your property, it’s the location of your real estate purchase. Everything else is secondary and should be seen as value addition to your real estate investment. The real estate prices in London are stable and moving up. But the valuations for properties in outlying areas lag behind than their counterparts in the central zone. The real estate properties lying near the areas services by the underground subway are seeing their valuations going up but the same cannot be said about areas not serviced by the underground subway. The same phenomenon is holding ...
03.05.08

Taking the FSBO route for your property Purchase Dilligence, Real Estate in US | (2)
For most of the real estate investors, buyers and sellers who have decided to go the FSBO way (For Sale By Owner) the primary objective is to save on the payments of commissions to the real estate agents. With the commission hovering in the range of 4% -6%, this also makes a lot of economic sense. The realtors and the real estate agents often argue that in order to generate interest in your property in a slow and recessionary markets like the current one, you would require their real estate agent’s services. On the other hand the investors, sellers and ...
03.02.08

Summit county Colorado real estate Real Estate in US, Real Estate Trends | (7)
The real estate market is going through volatile and turbulent times. The Colorado real estate market is no exception to the trend. For the year closing Dec 2007, a 40% jump has been reported in the foreclosures. That’s around 40,000 in absolute terms. To the director of Colorado Division of Housing, this was a setback since the expectations were hovering around 30%. If you the take the base year as 2003, that’s a straight 190% increase in foreclosures. On the other hand the foreclosure sales stand at around 25000 (in absolute figures). So, that’s a 45% YoY increase. With so ...
02.18.08

Who are the best real estate mortgage payers? Real Estate in US, Real Estate Trends | (1)
All areas of the country are not created equal when it comes to the real estate mortgage recession. Foreclosures are at their worst in the so-called ‘rust belt’ states where the factory layoffs and closures have caused significant unemployment. Mortgage defaults were at their worst in Ohio, with a huge 3.3% rate of default, slightly behind them, Indiana, with 2.8%. At the other end scale California has fared the best with just 0.17% and Hawaii at 0.23%, not too distant second. It is not so much that the real estate market is better in these states. It is has more to ...
02.13.08

Florida will be slow to recover from mortgage and real estate problems Real Estate in US, Real Estate Trends | (4)
The National Association of Home Builders has said in an announcement in Orlando Florida, that it feels that real estate troubles brought on by the sub-prime mortgage mess are not over yet, and that what they referred to euphemistically as ‘housing contraction’ will continue, and that Florida will find it particularly hard to recover from the slump. Florida experienced fast and exciting growth in real estate sales and mortgage provision over the last few years, and with this growth, came a glut of sub-prime mortgages, which have now turned to bite Florida real estate posterior, this in turn will lead to ...
01.26.08

The current state of real estate in US Real Estate in US, Real Estate Trends | (1)
In spite of the reported problem the current state of real estate in US is not as bad as it seems. Due to the massive defaults on home loans that were made to certain types of borrowers the market took a plunge. Real estate prices in the country are now expected to recover slowly over the next year. The current market situation sees a surplus of housing stock and low buyer confidence and they wait for the market to bottom out. This however is poised to change as the economy gets a boost from the government. The property prices however ...

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