Market Trends and Condition

The best way I have seen to retire now with only $100K to invest is to use the $100K to put 30% down on 7 rental properties purchased for $45K total each that are netting $1K/month each or $7K/month total after taxes, management and insurance, and $6K total per month after financing the remaining 70% @ 6% interest! These properties can be readily found in certain markets in the US such as St Louis, Kansas City, Cleveland, Indianapolis, Columbus, etc.

Sounds too good to be true, but the numbers don't lie and the properties are easier to find than you think!

Buffett's annual letter: What you can learn from my real estate investments ... this was published over a month ago on CNNMoney By Warren Buffett February 24, 2014: 5:00 AM ET

Whether you’re investing in real estate or anything else in this world, Warren Buffet has certain “fundamentals of investing”

• You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your limitations and follow a course certain to work reasonably well. Keep things simple and don't swing for the fences. When promised quick profits, respond with a quick "no."

The Data & Analytics division of Black Knight Financial Services (BKFS) reported no monthly change in its Home Price Index (HPI) for January, underlining the question as to where other home price reports—including the monthly Case-Shiller Home Price Indices—will land for the year's first month.
BKFS' latest report shows the index registering $232,000 in January, unchanged from the end of 2013. Year-on-year, the index was up 8 percent from $215,000.
"Prices have flattened out due to seasonal effects and a slowing in the market," said Raj Dosaj, VP of behavioral models and HPI for Black Knight Data & Analytics.
Given January’s flatness, national prices remain 14 percent off their peak of $270,000 in June 2006.

If you are in the market for a house in Phoenix Scottsdale;
I have good news for you:

1. The seller wants to make a deal and will consider your offer because of low demand;

2. The listing agent will return the call promptly;

3. There is a current lull in prices right now likely to continue until the end of the year;

4. The investors have moved to the 'cheap' markets thus more chances to land the house of your dreams;

5. Interest rates on mortgage loans are still historically low likely to increase by the end of the year;

6. The inventory is the best we have had in the last two years and growing for more choices;

7. Foreclosures are down to way below normal;

8. Rental rates are going up and up

9. It's a real buyer's market!! and...

2013 U.S. housing recovery led us to the remarkable price growth - prices rose up 18 percent nearly everywhere. Home prices increased in 224 of the 276 cities, according to the research made by the Clear Capital - real estate data and analysis provider. That sounds like a great news for people who wanted to sell their homes.

This upgrowth was driven mostly by investors who bought foreclosed homes and flipped them for bigger profit as they take advantage of low rates and depressed housing market. But it’s more than likely, that if prices rise they will back out from buying, says Dean Baker, co-director of the Center for Economic and Policy Research.

Conjuring the future of commercial real estate begins by conjuring our future. How will we work, live, shop or do business? Perhaps no other investment sector is so closely tied to people's most fundamental needs and behaviors; its evolution, to a large extent, follows ours.

Take it from Peter Linneman of Linneman Associates and the Albert Sussman Emeritus Professor at The Wharton School of Business, who pioneered the academic study of real estate and was named by the National Association of Realtors as one of the 25 most influential people in the business. Commercial real estate, he said, "exists to service the economy and society. That's all we do."

This modern green skyscraper in Bahrain is outfitted with wind turbines.
Alexander Hafernann | The Image Bank | Getty Images

Hello DG Family,

What a great market to be in right now. Today I just read something pretty awesome about my market.

According to Ford "NEARLY 1,000 NEW HIRES START WORK AT KANSAS CITY ASSEMBLY PLANT TO LAUNCH ALL-NEW FORD TRANSIT; FORD HIRES 175 MORE"

Kansas City is a hot hot market right now and locally I have noticed purchase prices going up on REO's along with Retail solds. Investors are purchasing here like its candy.

Whats going on in your market right now? Have anything exciting and new to post? I would love to hear from the rest of my DG Family:)

with gratitude,

Makeba

With lower crime and now recognized as one of the fastest growing cities in the nation, Chicago is the newest "hot spot" on the radar. Chicago's South Side are one of the targets next to Humboldt Park which is located on Chicago's Northwest side.

On Saturday, NAR made a new policy that lets the local MLS set policies on how agents can (legally) post listings into a social media platform.

NAR just gave one more weapon to the local MLS's and a reason to "restrict listing data," from being shown on anyone's Facebook posts or, change the way and manner in which we can (legally) do it now.

Think about this for a minute.

Right now, thousands of agents post their listings on their Facebook pages every single day. My lake house in Monument is for sale and I posted it on this new platform called AdWerx. If you never heard of AdWerx, I'll cover more on them in a few more paragraphs below.

Promoting a listing Weblink or URL is pretty darn easy today, thanks to social media.

Despite double-digit percentage increases in home prices, homes are still undervalued relative to incomes, according to CoreLogic.

“Much of the recent house-price appreciation is a result of market correction for the significant undervaluation caused by the price declines in the late aughts,” CoreLogic chief economist Mark Fleming writes in a blog post. He adds that “there is no need to fear a bubble for at least a few years to come, if at all.”