Several years ago we thought that buying and leasing out rental homes was a good long term investment. We bought a larger house and decided to rent out the old house and we now own two rental homes. So much has changed over the past year but I still believe that moderately sized and priced housing will be a good long term (ten or more years) investment.
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In a national survey, 52% of real estate agents said they expected the market to bottom out in 2009. Another 16.5% expected the bottom to fall out in 2010 and 7% thought it has already leveled off in their areas.
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With the current state of the economy, it’s no wonder that so many people are facing Phoenix foreclosures on a daily basis. There are hundreds of people dealing with foreclosure in Phoenix that aren’t aware of the options that they have for Phoenix foreclosures. You don’t have to let yourself…
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Buying real estate always seems to involve making more decisions than you ever thought necessary, or even possible. One such decision, often overlooked or taken for granted, is the question of the finish condition for the basement. Assuming you are buying in an area where basements are the norm, and…
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Townhouses used to conjure up images of small, cramped spaces that were inexpensive and for many a “first home only” option. Nowadays however new townhouses rival their single family brethren in size and amenities. They have also set a new standard in community amenities with many communities offering luxurious amenities…
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Interest rates aren’t the only way that banks earn their money! Points are just as important to consider when buying a home!
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Learn how your credit report is mathematically figured to create a FICO score – a number that will determine which home you can buy!
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If someone is planning to buy a home strictly for the resale value, the location can prove to be even more important. A profitable resale factor of a home is very dependent on the location.
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This is a market recap for 2008 and a forecast for the real estate market in 2009.
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The commercial real estate business is definitely picking up, and now may be a good time to invest. In past few years, prices of commercial real estate properties rose exponentially – 26 percent for apartment complexes, 21 percent for industrial properties, 14 percent for retail properties and six percent for office buildings. The first step to buying commercial real estate property is knowing what you are buying.
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