Market Trends and Condition

As reported, there IS an Uptick in home Values compared to sales.

If you haven't got in the game yet, you better get moving NOW!

Mike

Here is a link to the article. http://money.cnn.com/galleries/2012/real_estate/1206/gallery.best-rental...

The cities were ranked by estimated future returns investors can expect when they buy single-family homes to rent out, compared with the projected national average future return of 5%.

They list their top ten. Their top five is:
1. Las Vegas, NV
2. Detroit, MI
3. Daytona Beach, FL
4. Orlando, FL
5. Warren, MI

What does the forum think about their list? Is this an effective starting point for remote investors to choose a market to invest in?

http://money.cnn.com/video/news/2012/11/27/n-fiscal-cliff-housing.cnnmon...

and more on the fiscal cliff/ video by Warren Buffet who says there is always problems and risks, but the US. economy overcomes them in time.
http://money.cnn.com/2012/11/27/news/economy/oecd-europe/index.html?iid=...

ARV
Can anybody offer suggestions on ways to find ARV? Have calls coming in from motivated sellers, but would like to figure out ARV when putting together offers. Greatly appreciated.

The following article is an interesting starting point to the debate about how the fiscal cliff negotiations and the winners in the recent elections will affect CRE moving forward. Here is a link to the article. http://nreionline.com/news/political_deals_implications_cre_11162012/

One interesting idea is how will Obama's re-election affect the office market. One thought is that the office market will see growth due to a larger federal government. Others disagree with this notion believing the fiscal cliff will force cuts to government. Here is the article:

"Political Deals in Coming Months Have Big Implications for Commercial Real Estate

Nov 16, 2012 10:56 AM, By Bendix Anderson, Contributing Writer

http://money.cnn.com/video/news/2012/11/16/n-warren-buffett-full-intervi...

He talks about bipartisan politics, the fiscal cliff and about the housing bubble at the end. The first 15 mins were really good. I like the way he thinks. I also learned that when he says he is not interested in a company to buy or buy into it just means that he doesn't know enough about the company. Interesting video!

Interesting story from NBCNews.com:

http://www.nbcnews.com/business/economywatch/housing-recovery-could-also...

I heard this guy talk about the market and if there is any truth to it. Dean can you shed some light as you might know this person. Thanks Paul

http://realestatemogul.com/presentation/webinar-register.php?a_aid=realf...

So often investor thing that if multiple offers are submitted on a property than it's a bad deal...

Antoine E. Pirson, MBA .... posted a response to this
on www.Inman.com

I am often amazed by articles from companies like Inman and Redfin, and how one sided or incomplete they
are while making a broad brush statement.

Yes, prices are up in certain ZIP codes in the East San Francisco Bay Area, and often we have multiple-offer scenarios. But when I told buyers in January of this year to buy property NOW, they often responded, "The market will still go down, and you only want to make a commission now."

http://finance.fortune.cnn.com/2012/10/26/housing-recovery-3/?iid=HP_LN