Herve, Thanks for posting a excellent article! It's easy to read & follow. It's my belief that we (US) will not solve our budget deficit until we havea our own "Greek Moment."
Time to buy in Phoenix, Arizona was 12 - 18 months ago. Don't know about other areas, but in Phoenix it's time to sell with over 100% profit and invest in natural gas instead.
We Are Running Out Of Easy Solutions [View article]
Muoio,
Great Job! You made at least one reader a believer of universal healthcare. Maybe in a future there will come a day to short health insurance providers...
Homebuilders And Their Shareholders Are Drinking The Kool-Aid [View article]
Builders keep building...
Where do they build? Are you observations/informati... from moon? Land development is basically stand still with very few projects going on in Arizona and most other states.
How much can you buy for cash? If you want to build large portfolio there comes a point that borrowing is essential. Leverage is what is needed to make money. Can you name any successful businessman in real estate who did not borrow?
Author "I have been told by others that getting a first mortgage is even harder, and I believe it"
Could not be more true! Isn't it ironic that during 2006 real estate madness banks lent money if you had a pulse. Today, when real estate is cheap banks often choose not to. Wouldn't this be a great time to increase your market share and maybe take some risk? Flock mentality ruled for banks during good times and it still does today.
How Investors Are Restoring Equilibrium To The Housing Market [View article]
Jan, Great article! This side of the real estate story has been missing in financial news. Since it costs more to build new housing today than to buy distressed properties, small entrepreneurs will have advantage over home builders as long as distressed properties are available in a large scale. Way to clean housing market - let entrepreneurs do it!
When Will Housing Turn Around, If Ever? [View article]
Author: "Other markets like Phoenix, Las Vegas, and others are still horrible, and will take years to finally get right. Housing is still in a sorry state, and from the looks of the data, and the opinions of the experts, housing still has a long way to go."
Markets are horrible? If you are home buyer its great time. If you are investor it's even better. If you are flipper you are as busy as ever making money in residential real estate. Sorry/horrible state might be valid for lemmings who got in during euphoria.
mREITs: The Best Way To Invest In A Real Estate Recovery [View article]
Best way to invest in real estate is to buy actual properties in today's market. Annual yield without leverage 15-20%, with leverage 60-80%, great long term appreciation potential. You own a hard asset. Downside is that you have to put more work in than push a buy button on your computer.
Real Estate Prices Have No Where To Go But Down [View article]
Title of article states it clearly, don't buy real estate today. I disagree. If you want to build portfolio of real estate investments, it will take long time. You will never be able to pick absolute bottom to acquire multiple properties. There are great deals out there, but you have to compete to get them, 10-15 competing bids are common on attractive offers. Real estate investment is for a long time (multiple years). This is once in a lifetime opportunity to buy houses at rock bottom prices.
How Paul Krugman And The Economic Witch Doctors Accumulated $16.7 Trillion Of Debt [View instapost]
Great to read, even a caveman would get, but not our elected leader, commander in chief.
Keynes For Dummies [View instapost]
Thanks for posting a excellent article! It's easy to read & follow. It's my belief that we (US) will not solve our budget deficit until we havea our own "Greek Moment."
U.S. Demographics: Glass Half Full Or Half Empty? [View article]
It's Time To Buy Real Estate [View article]
We Are Running Out Of Easy Solutions [View article]
Great Job! You made at least one reader a believer of universal healthcare. Maybe in a future there will come a day to short health insurance providers...
German Concerns About Euro's Credibility Do Not Make Sense [View article]
Is Zimbabwe the most competitive country on plane earth?
Homebuilders And Their Shareholders Are Drinking The Kool-Aid [View article]
Where do they build?
Are you observations/informati... from moon? Land development is basically stand still with very few projects going on in Arizona and most other states.
U.S. Housing Gridlock Can Be Solved By Reducing Principal [View article]
Over time pigs start to multiply and it falls apart.
U.S. Housing Gridlock Can Be Solved By Reducing Principal [View article]
Real Estate, Banks And The Markets [View article]
How much can you buy for cash? If you want to build large portfolio there comes a point that borrowing is essential. Leverage is what is needed to make money. Can you name any successful businessman in real estate who did not borrow?
Real Estate, Banks And The Markets [View article]
Could not be more true! Isn't it ironic that during 2006 real estate madness banks lent money if you had a pulse. Today, when real estate is cheap banks often choose not to. Wouldn't this be a great time to increase your market share and maybe take some risk? Flock mentality ruled for banks during good times and it still does today.
How Investors Are Restoring Equilibrium To The Housing Market [View article]
Great article! This side of the real estate story has been missing in financial news. Since it costs more to build new housing today than to buy distressed properties, small entrepreneurs will have advantage over home builders as long as distressed properties are available in a large scale. Way to clean housing market - let entrepreneurs do it!
When Will Housing Turn Around, If Ever? [View article]
Housing is still in a sorry state, and from the looks of the data, and the opinions of the experts, housing still has a long way to go."
Markets are horrible? If you are home buyer its great time. If you are investor it's even better. If you are flipper you are as busy as ever making money in residential real estate. Sorry/horrible state might be valid for lemmings who got in during euphoria.
mREITs: The Best Way To Invest In A Real Estate Recovery [View article]
Real Estate Prices Have No Where To Go But Down [View article]