Market Trends and Condition

When you study the strategies and methods of really successful investors, they’re not doing a lot of deals because those deals find them. They’re out marketing and advertising for those deals. They’re getting homeowners to call them for help with their distressed properties, and they’re making contact with other investors, buyers, sellers, builders, renovators and bankers.

NO, you say! In an article this week at Business Insider, there is some measurement of the government’s influence on where we live and how we buy our homes. The belief of many is that people live in the suburbs because that’s where they chose to live, and they don’t mind driving into work, because the suburban life is important to them. So, we have large tracts of single-family homes and many strip malls. People get where they want to go mostly by car.

I'm trying to find out the recent sales data for last month. All I need to know is how many actual sales. If anyone can direct me to a website or give me keywords it would be greatly appreciated

New Home Sales Strong

New home sales rose in November, showing their strongest pace in more than two years. The Census Bureau reports that sales rose to an annual rate of 377,000 units in November, up 4.4% from October and 15% from a year earlier.

Higher End Homes Selling Again

A surprise in the previous couple of months is a big gain in the number of higher priced homes sold. Sales of homes priced above $750,000 jumped by 50% from a year ago. This pushed the median home selling price up to $180,600, a 10.1 percent increase from November 2011.

In an article with the same title, this week the Business Insider website tells us about a survey of 2000 adults done through Trulia.com. 61 percent of the respondents predicted that prices in their local real estate markets would rise in 2013. 58% believed that it would take 10 years or less for prices to get back to their pre-peak levels. Even more dramatic, 80 percent of renters said that they still plan to buy a home someday.

Business Insider talked to real estate economists and insiders to come up with a list of ten trends to watch in real estate in 2013.

Just saw this article today and thought I'd share it here.

Predictions: 10 Healthiest Housing Markets of 2013

Here is the link: http://tinyurl.com/texasftw

I'm hoping I can do something with Real Estate this year. In 2013 my one word is: "ACTION".
http://getoneword.com/

Thanks.

One of the first big hedge funds to try to profit from a rebound in the U.S. housing market by investing in foreclosed homes is looking to cash out, even as other institutional investors are still getting in.

In Dean's previous weekly videos he talked about the Villian Within & he had a great chat with Joe Polish were he helped us focus on turning off the negative inner talk & have success!! Success is simple...it involves talking action & this is where most all of us fail, we are afraid, lazy, etc to take action!!!

Take action in this new year & have success!!!
Whatever that sucess might mean to YOU!!!!

Hello Everyone,

As the year comes to an end we are seeing a lot of markets turning around for the better. If you do investing outside your immediate area like I do, look for places with good recovery. I pasted below a new article from Joshua Berlinger of Business Insider, it gives you a quick look at some great markets to start evaluating for you to invest in.

The 11 US Cities That Are Having the Best Recoveries

Business InsiderBy Joshua Berlinger | Business Insider

A surprising spike in home prices in some of America's biggest cities has boosted the recovery, according to Brookings' latest report.

The MetroMonitor looks at employment, unemployment, production, and home prices. We identified the strongest economic recoveries from trough to the third quarter of 2012.

From the Office of Mortgage Settlement and economist Thomas Lawler (see the attached chart)