Real Estate Investors Daily » Selling Property

Boomers aren’t selling their homes but are looking to buy investment property

Dennis Norman — Tue, 11 Oct 2011 12:50:47 +0000

The economy is delaying baby boomers' plans to sell their homes, according to a survey just released by Coldwell Banker Real Estate. This doesn't mean boomers aren't in the market though....in fact, according to the survey, the desire to purchase and own a home, or more than one home, "remains strong....especially so in the the investment market segment. " [...] Related posts:

First-Time home buyers prefer ‘move-in-ready’ home According to a survey from Coldwell Banker Real Estate, 87...
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One in four property owners have challenged their property taxes After watching property values drop for the last 4 years...

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2011 Real Estate Market Expected to Show Some Improvement

Dennis Norman — Tue, 21 Dec 2010 12:09:47 +0000

Ah, it is so much fun to be able to write something positive about the real estate market!

According to an economic outlook report just issued by Fannie Mae, our country’s economy should “kick into higher gear” by the second quarter of 2011. This positive outlook is the result of improvements in consumer spending, consumer [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

Private Transfer Fee Covenants Draw Fire From FHFA

Dennis Norman — Thu, 12 Aug 2010 22:10:33 +0000

Dennis Norman

Today the Federal Housing Finance Agency announce proposed guidance that would prohibit Fannie Mae, Freddie Mac and the Federal Home Loan Banks from investing in mortgages with private transfer fee covenants. Considering that covers the lenders that originate, invest in or, or insure over 90 percent of the homes in the U.S. [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

Why do Some Homes Sell for More Than Others?

Jim Carr — Thu, 12 Aug 2010 10:12:25 +0000

Ever wonder why one home will sell for more than a similar home in the same neighborhood? You’ll hear all sorts of reasons. One house has this feature or that feature while the other one doesn’t. That’s part of it but certainly not all.

The reality is that the more people you can show [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

One in Four Sellers Have Reduced Their Prices

Dennis Norman — Wed, 14 Jul 2010 15:49:36 +0000

Dennis Norman

According to a report released by Trulia.com, 24 percent of the homes for sale as of July 1, 2010 have experienced at least one price cut. This is a 9 percent increase from the prior month. The average discount for price-reduced homes continues to hold at 10 percent off of the original [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

Getting the Most out of Craigslist

Jim Carr — Wed, 14 Jul 2010 02:49:37 +0000

Think quality, not quantity.

The “common wisdom” is that you need to post to Craigslist multiple times per day for it to be effective. That, pardon my French, is a load of crap put out by Craigslist posting service companies that want you to pay for more and more ineffective Craigslist ads and reinforced by [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

Investors; Do you want to know where the home-buyers are?

Dennis Norman — Mon, 12 Jul 2010 16:07:16 +0000

Dennis Norman

Where and how people search for their next home has changed dramatically over the past decade and we continue to see changes in the behavior of home-buyers constantly. Unfortunately I talk to many investors that are not keeping up with the times and, particularly if they are not using a real estate [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

Home Mortgage Purchase Applicants Drop Again; Fifth Consecutive Week of Declines

Dennis Norman — Wed, 09 Jun 2010 11:46:15 +0000

Dennis Norman

I hate to say it, but, as the legendary Willie Nelson song goes, “Turn out the lights. The party’s over”

Back around November of last year I first wrote about the concern I had about the home-buyer tax credit program having the effect of a “sugar-rush” on the real estate market. I [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

FHA Looking For Input On Anti-Flipping Rule Waiver Conditions

Dennis Norman — Fri, 04 Jun 2010 16:26:33 +0000

Dennis Norman

Back in January I did a post about FHA’s decision to temporarily (until February 1, 2011 if not revoked earlier) waive their “anti-flipping” rule, thereby allowing homes to be resold with FHA-insured financing even if the sale took place within 90 days of the selling acquiring the property. There were, of course, [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.

Mortgage Interest Rates Remain Low But Borrowers Face More Hurdles

Robert Fishel — Wed, 02 Jun 2010 14:28:11 +0000

After the problems we have seen over the past couple of years in the real estate, mortgage and banking industries it is not surprising we have seen massive legislative changes brought about which make it more challenging for a home-buyer to obtain a mortgage, not to mention more work on the part of their real [...] No related posts. Related posts brought to you by Yet Another Related Posts Plugin.