Market Trends and Condition

DG family I need your help!
How would I use online research or county records to find out, in a specific neighborhood or area, what is the general trend of the market, what the average price of each type of home is, what the average price of homes are, what the most in demand size and type of home is, what the quality of the neighborhood or area is(like is crime increasing/decreasing, homes being remodeled, area cleaned up), is the infrastructure good( roads not cracked up, no potholes, etc..), is the city focusing money on that area in an effort to rejuvenate it, if the city has actually implemented its programs, and whether companies are moving in workers.

http://money.cnn.com/2011/10/24/real_estate/housing_refinance/index.htm?...

Notice they do have to be current on their mortgages however. Just a piece of news to be aware of.

On October 13th, RealtyTrac, a major online marketplace for foreclosures, released its third quarter 2011 report of foreclosure filings and data. It’s an extensive report, but we can highlight it here for you:

- Data on – foreclosure filings, default notices, scheduled auctions and bank repossessions.

- Properties – 610,337 properties in the report for the third quarter.

- This is a decrease of 1% from the previous quarter and 34% from the third quarter of 2010.

- One in every 213 American housing units had a foreclosure filing in the quarter.

-September marked the 12th straight month where foreclosure activity decreased on a year-over-year basis.

Showed up at a real estate auction this past evening, to observe the sale, Only to find out I was the only person,to show up. Small towns in Iowa are really slow right now, besides farming, there's not much else going on here. A sign of the times no doubt, real estate in my town like a lot of small towns in Iowa is at a stand still,the market as hit the bottom here.

You can read the whole MSNBC story here:

http://bottomline.msnbc.msn.com/_news/2011/10/20/8413271-sales-of-previo...

Please take special note that declines are accelerating and days on market is increasing. Be careful on the investment front.....always have an exit strategy.....you'll need it soon.

Coming of age in today’s economy is tough. New 2010 census data released in September 2011shows a huge impact on younger generations. First, there’s a monstrous jobs problem, and the days of counting on a good job out of college are gone for now. Recent college graduates are getting by on waitressing, bartending and odd jobs. When the market does improve, they’ll have to compete with new graduates.

Does anyone know precisely how long this bottom market is going to last? I dont want to miss out on getting rich. I feel i started reading deans books to late when i should of read them 2 yrs ago. I know that local trends outweigh national trends. I live in racine wisconsin and the local trends do outweigh the national trends here especially unemployment being at 9.1% here. Can anyone give me positive advice on this issue?

U.S. Treasury debt rallied further on Monday, with 30-year bonds jumping 2 points in price, as Germany poured cold water on expectations of a quick solution to the European debt crisis.

U.S. Treasury prices surged as the euro and global markets reacted to comments by German Finance Minister Wolfgang Schaeuble, who warned that the upcoming European Union summit would not produce a definitive solution to the euro zone sovereign debt crisis.

The whole article can be read at:

http://www.cnbc.com/id/44927579

In layman's terms, the bond market is telling us that the economy is going to be lackluster to bad over the next few quarters. How long right now is anybody's guess. But as investors we need to be aware of our environment.

The recent recession coupled with lower median incomes and the housing crisis have combined to cause doubling up and living with adult children to be more prevalent than it was even during the Great Depression. The Hanley Wood housing survey was just completed and reports that nearly one in three, or 30%, of respondents said that they had doubled up living arrangements with relatives.

The survey also found that the respondents are still wanting to buy a home in many cases, but cite these reasons for not doing so:

- tighter mortgage standards & requirements
- larger required down payments
- concerns over the economy and job security

Here are a couple of stories in the news this week of interest to real estate investors.

Construction Spending Increases

After a big decline in July, builders of homes, office buildings and other projects increased their spending in August by 1.4%. This was right after a 1.4% drop in July. Unfortunately, it’s not necessarily good housing news, as much of the spending increase was for government projects and schools. It was not a sign of private demand.