Real Estate Information | Let us create a 3d Digital eBook for you! DigyCat.com |
|
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 (Wewould say CRAZY) lending practices, like interest onlyloans and the increase in loan approvals that are notbacked by full documentation of the borrower's income andassets. 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 arein an isolated number of big cities, right? That'strue, but those cities are our major commerce centers.When things go bad there the negative effect ripplesacross the country. Here's the bottom line: Our economy is always blowingbubbles. 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 http://www.Lease-Option-Sub2.com
MORE RESOURCES: |
RELATED ARTICLES
How to Buy a Property in Bulgaria The CostAlthough the property prices in Bulgaria are quite low compared to the other European countries, there is still a wide variety of prices depending on the property type and location (as a rule the properties in Sofia and at the Black Sea are more expensive). The first thing you will need to figure out is how much you can afford to spend and thereafter to determine the price range for your purchase. Decorating to Sell a House by Meeting Three Key Needs Specific marketing campaigns are no longer just for automobiles and designer clothes. Targeted marketing techniques are now applied to houses that are for sale. Want A $10,000 House? How do you find a house for ten or twenty thousand dollars? In three steps:1. Find towns that are affordable. Selling by Owner Tips Do strangers scare or intimidate you? If you're planning to try to sell your home yourself, you'll have to get used to it. You'll also be opening yourself up to potentially dangerous situations and legal liabilities. Real Estate Investing Produces Extraordinary Profits Imagine making $5000 a year from real estate investing without recognizing you are real estate investing!Real estate values are so dynamic. The marketplace is always fluid and changing. Probate & Obituary Marketing I start my marketing with obituaries followed with probate filings and find it just another effective way to acquire property.Short of courthouse research you can go to your local library and go to the reference department and research using what is called a Polk City directory that will list if the deceased party owns real estate. Fixer Uppers: Dont Make This Mistake Making money with "fixer-uppers" isn't about repairing drywall or planting flowers. It's about using the right approach from the start. Invest In Real Estate - But Where? Where should you invest in real estate? If you know an area well, and have enough experience investing in real estate, you can make money almost anywhere. However, there are always places that are better or worse for real estate investments - places that have a better demand/supply ratio. Dont be Tempted by We Buy Houses (Updated) Do you want to sell your home right away? Don't be tempted by "We Buy Houses" or "Sell Your House in 9 days for Cash" ads and billboards.Savvy real estate investors run these ads and put up posters looking for sellers under duress. Home Selection Checklist - A Good Aid When Choosing a Home This home selection checklist is a tool to help you select a home that is right for you and your family. Before you select a home and get a mortgage, you need to know if you will be happy with the home you select for the coming years. Is An Old Home for You? - The Pros If you prefer a home that is unique and has character, you probably are giving some thought to buying an older home. Before buying, it's a good idea to carefully evaluate the pros and cons of owning the home. Russ Whitney and Real Estate Investing Gurus There is curently a huge real Estate boom in America today. Little does the world know that this boom has some to do with all of the real estate guru's out there. How To Increase Your Homes Selling Price by $3,306.75 In The Next 33 Days According to the Federal Housing Finance Board:.. The Many Benefits Of Lease Purchasing Lease Purchasing affords wonderful benefits and opportunities to sellers, buyers, investors and those who would like to operate a home-based business. Lease Purchasing allows you to control property without ownership which has benefits for all. Kings Bay Georgia Real Estate - Be Picky When You Choose your Realtor! I have been a mortgage lender for many years and have seen a few transactions go sour. When problems arise after a contract is signed, it can be stressful for everyone involved. Real Estate for Beginners: Residential Property Taxes Whenever you own a piece of land, you will be taxed for it. Whether it is commercial property or residential property, there is still a tax to pay, whether it is for a village, town, city, county, or state. When is the Best Time to Move? As Realtors, we are often asked, "When is the best season to move?" This is a tough question, one we cannot answer for you. Most people are asking about price, do they fluctuate throughout the year? NO. How To Sell Your Home FSBO You decide to sell your home and believe you can handle the selling process. Good for You!Of course you're a little nervous and that's normal. Canal Front Homes in Venice A bit about VeniceVenice, Florida was named by an early explorer who thought the beautiful, clean canals that snake through the coastal community starkly resembled the canals of the historic city of Venice, Italy. In the 2000 census, Venice, Florida had a population of 17,764 people and that number has continued to increase over the last five years. Business Credit Card Dirty Tricks My system teaches people that the proper useof credit is the fastest way to speed up your profits in real estate investing.And you can use this system no matter what your own credit score is. |
List4Sale Domain Is For Sale - $10,000 For Enquiries eMail Us © www.List4Sale.biz 2012 |