Real Estate News

A Question that has been bugging my mind is do you need any form of license to do realestate investing???what if you should start up a corp will you need a corp license then?? HELP ME UNDERSTAND THIS PLEASE SOME BODY ANY BODY!!!

Thought the housing crisis was over? Not quite.

Despite four years of falling prices and recent signs that they were finally bottoming out, homes are expected to lose still more value in many metro areas over the next year.

Parts of the country already pummeled by the housing crisis, like Las Vegas, Phoenix and Miami, will be hit hardest. But even some places that have rebounded or held up relatively well — including New York, Los Angeles and Washington, D.C. — will suffer, too.

That's the conclusion of economists who have been reducing their estimates for home prices as the outlook for the economic recovery has darkened. The number of homes for sale or headed for foreclosure is so high that they think prices will be even lower by next July.

The recent news is alarming! Congress is considering giving the ax to the tax break for mortgage interest.

Has anyone else here on the DG website been keeping up with this?

The popular tax break for mortgage interest, once considered untouchable, is falling under the scrutiny of policymakers and economic experts seeking ways to close huge deficits.

Please weigh in here with your thoughts on how this potentially affects us all in the REI business.

I'm a newbie ... but I pay attention to everything!

Thanks, in advance, for sharing your insights and opinions which I can learn from.

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This article may be found at: http://www.reuters.com/article/idUSN2914105720100629

UPDATE 1-US April home prices up, no sustained rise yet-S&P
Tue Jun 29, 2010 9:55am EDT

(Adds quotes, link to graphic, details, byline)

Bonds

By Lynn Adler

NEW YORK June 29 (Reuters) - U.S. single-family home prices unexpectedly climbed in April from March, driven by a final sales push before tax credits expired, but signs of a sustained recovery have yet to emerge, Standard & Poor's/Case Shiller home price indexes showed on Tuesday.

BAD MARKET OR BAD SITUATION?

With housing prices at record lows, people can truly have a mortgage payment that is less than their rent payment. Young couples and families can actually afford to buy a home. If you're a real estate investor, there couldn't be a better market.

If someone is in a bad situation like being upside down on their home or if they are facing foreclosure. More than likely they will tell you how bad the market is.

So is it a bad market? I guess it depends on who you ask and what their situation is.

Think housing is recovering? Think again.
Fortune Magazine
By Kit R. Roane
May 25, 2010

Americans purchased homes at a surprising clip in April, but don't let that fool you into thinking the housing market is back.

Although economists were expecting a month-over-month increase of 5.5%, the National Association of Realtors reported yesterday that sales of previously owned homes rose an unexpected 7.6%. That continued a yearlong rise in housing activity and marked the highest number of sales recorded since November of last year.

I felt that I'd start a new thread here just to let people know how they can go about finding homes starting TODAY! This was already posted but I wanted others to see it so please read and ENJOY!

RE: FINDING HOMES

Who has them? Where are they? How do I find them? What do I do? Homes are like oxygen on land - they're ubiquitous <<< meaning they're EVERYWHERE. I find houses by doing 4 things and 4 things only. Keep reading because you'll be happy you DID!

The Cheapest Canadian Cities To Buy A House
By Kate Robertson
Forbes
May 14, 2010

Canada's housing market didn't suffer like its struggling neighbors to the south, but there are still great deals to be had.

Canada's housing market has maintained its strength across the country compared to its struggling neighbors to the south. Skyrocketing prices and bidding wars have continued in cities like Toronto and Vancouver to the exasperation of homebuyers, even though some say a housing bubble is on the horizon.

So where are the deals? By comparing average home prices and median household incomes in cities across the nation, we zeroed in on the cities where you'll find the best bang for your buck. The following prices are all in Canadian dollars.

1. Anywhere in New Brunswick

Hay Found the First Show on Deans Real Estate Start, this show was in dec. 15, 2006.

Its awsome how dean grew from, not having anything to millions, and is company that had 12 employees now has more employees today.

First video is ad from 12/15/2006
http://www.youtube.com/watch?v=GMnN-S7tCsY

Second video that he talks about is first book, and a idea you can use today:
http://www.youtube.com/watch?v=SasRAEyqmU8&feature=related

Hay Dean don't what to make you feel old or nothing, but look back, this should give you drive to start today. Do what Dean did take some ACTION, and return will come soon.

P.S. Dean love the idea on your first book