Real Estate Market News
|College Towns: New Investors Playground
Source: Wall Street Journal
College towns are the places to be! With the lowest rates of unemployment, more people are moving to where the jobs are. What does this mean for investors?
|Fastest Growing Counties Reported to be in Texas
Source: Austin Business Journal
The Capital Area Council of Governments finds that Texas holds 10 of the top 25 fastest growing counties in the country. Find out where you should be looking for investing opportunities.
|Interested in REO Properties?
HomeSteps® is a REO sales unit of Freddie Mac. The site provides buyers with a weekly list of REO properties, as well as a Home Detective tool. HomeSteps® also offers incentives to buyers. Find out how Home Detective can find & e-mail you properties in AZ, CA, CO, FL, GA, IL, IN, MD, MN, MO, NC, NV, OH, TX & VA.
Interest Increases in FL Gulf Coast
The bottom of the barrel has been reached in Florida Gulf Coast, which means sales are beginning to come back up. Seven of the ten top cities to be searched, for property investment interest, were found in Florida. With prices 25% below the original selling price, it’s hard to pass up.
Real Estate Finance News
|Investors: How Can the Bailout Help You?
Source: Realty Times
Local communities have received $731 million in new federal money to redevelop neighborhoods’ with abandoned houses, due to foreclosures, under the Neighborhood Stabilization Program. Great opportunity for Real Estate investors to tap into this funding.
|Making Money in a Down Market
Peter G. Miller, author of Common-Sense Mortgage, writes that today's market is a great opportunity for small real estate investors to add more properties to their portfolio. Home market prices have fallen but the renters market has remained stable. With fallen values and low interest rates it has become the perfect market to invest into rental properties.
International Real Estate News
|What’s the Value of a $150K Property around the World?
Source: Matador Life
David Miller, senior editor at Matador (travel website), shows the value of $150K in property purchases around the world. See, hypothetically, what your big bailout bonus has the potential to buy!
|Accidental Landlords – Advice from Across the Pond
Source: The Independent
Homeowners are falling into the landlord role due to a job move, unemployment, or the inability to sell a second home to name but a few. The article addresses how landlords can attract tenants and plan ahead for unforeseen vacancies.