Market Trends and Condition

Foreclosure filings up 7% in March

You can read the whole article here:

http://www.marketwatch.com/story/foreclosure-filings-up-7-in-march-realt...

but here is an important excerpt:

RealtyTrac had been forecasting that after bottoming this year, home prices would remain flat until 2014, Sharga said. But given the delays of foreclosure inventory to the market, it’s likely that any significant home appreciation — on a national basis — won’t return until late 2014 or sometime in 2015, he said.

Tale of caution about this market

Here is an article just published today, about the Spring market not returning this year for RE agents.

http://www.msnbc.msn.com/id/42521765/ns/business-real_estate/

This doesn't mean that investors can't make money, but it should tell you to be careful and choose your properties wisely. A lot of times RE agents are the first people to see the drop off of the housing industry, so you must make an informed decision regarding how the market may affect you and plan accordingly.

Vegas anyone?

I'm barely halfway through Dean's first book, so bear with my ignorance. So far it's been educational thinking about these 'cycles'. I like to keep an eye out for props, just to be informed...at least now I'm starting realize how uninformed I was.

Re Safe Law Enactment

trying to do Dean's course in New Hampshire. The Safe Act Laws have made it illegal for sellers to provide financing except to a family member that will live in the house, nor can you asked the seller whether they could finance. Lease Options can be treated as a mtg broker.... All these rules are now backed by a fine of 2500.00 for each violation and or a misdemeanor offense.

All the things that I have been taught in the ground school have been taken away

Help please

Safe Act has been adopted in all 50 states. Some states have place more restrictions then others.

iPhone / Android App

Hello DG family,

I wanted to start a post to see how much support we could get for creating an iPhone / Android App for the Total View Real Estate website tool.

I've downloaded other real estate apps that show houses for sale in my area and they work great. Today it would have been really nice to pull comps while I was still at a house I just happened to drive by with a for sale sign in the yard.

It would be a really great addition to the DG tool box.

If you are interested in seeing something like this come to life, please leave your comments below.

Thanks.
Brian Carter

There is an old adage in the investment business

When there is a positive commentary in a leading money magazine, it's time to sell. Of course, when there is a negative commentary in a leading money magazine, it's time to buy.

Go here:

http://finance.fortune.cnn.com/2011/03/28/real-estate-its-time-to-buy-ag...

and judge for yourself. (And there are some good graphs and great information too about various markets)

Is the glass half empty or is it half full??

This story just in about declining home prices. They just keep getting cheaper.

http://www.msnbc.msn.com/id/42319427/ns/business-real_estate/

The question has to be in some of these cities, "Where the hell is the bottom?"

Look out for a hot rental market

http://news.****/s/usnews/20110328/ts_usnews/onesignthehousingbustcoulde...

I'm not sure if I inserted this link correctly, but if so, it is a good read.

How Interest Rates Can Influence Real Estate Prices

How Interest Rates Can Influence Real Estate Prices
Interest rates also have a major impact on the real estate markets. Changes in interest rates can greatly influence a person's ability to purchase a residential property. That is because as the interest rates fall, the cost to obtain a mortgage to buy a home decreases, which creates a higher demand for real estate, which pushes prices up. On the other hand, as interest rates rise, the cost to obtain a mortgage increases, thus lowering demand and prices of real estate. Take this into consideration as you go out to do your investing. Keeping an eye on the current rates can help you to watch the values of properties as well.

How Demographics Can Influence Real Estate Prices

How Demographics Can Influence Real Estate Prices

Demographics are the data that describes the composition of a population, such as age, race, gender, income, migration patterns and population growth. These statistics are an often overlooked but significant factor that affects how real estate is priced and what types of properties are in demand. Major shifts in the demographics of a nation can have a large impact on real estate trends for several decades.

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