Market Trends and Condition

In a stagnate market where sellers are advertising prices of yesteryear how low is too low or is that possible? I need to be taken seriously/ professional, but want to come in at 50% of FMV. Any thoughts?

Theresa

..it will help you not to purchase too high specially if you are in these areas!!!!!
I hope you enjoy the literature. let me know.

Where are the best bets for recovery? Tacoma, Wash., tops the rebound list.
NEW YORK (CNNMoney.com) -- Despite signs that the real estate market might be lurching forward, prices are expected to fall further this year and next.

The average home price in the United States will fall by about 6% by September 2011, according to a joint report between Fiserv and Moody's Economy.com. And that's after plunging more than 27% in the past three years.

Most of the projected home price decline will occur during the usually slow summer months of 2010. After that, prices should begin to stabilize, according to Fiserv, and stay almost flat through fall of 2011.

This article found at: http://www.google.com/hostednews/ap/article/ALeqM5iusd1TwuJ9nBEZDXIObne7...

There is great potential for investors to get out and assist home owners who are losing their homes...

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The number of U.S. households facing foreclosure in January increased 15 percent from the same month last year, and a surge in cash-strapped homeowners who've fallen behind on mortgages could be on the way.

More than 315,000 households received a foreclosure-related notice in January, RealtyTrac Inc. reported Thursday. That number is down nearly 10 percent from 349,000 in December, which saw the third highest total since the company began tracking foreclosure data in 2005.

I can't believe that this tool is free. I use it daily to find the trends on any property I come across. You get the lates trends on any property and it gives you the data from the main three Realestate analysis that Realtors use.

Dean has set us up with all the tools to be successful, its up to us to take advantage and take action.

What a great tool..let me knowhow you are using this and any other tools you want to share about.

Success is emminent when you take action. I can taste it.

max

If you are looking for more down payment or rehab money, you might consider dealing with lending networks. There are more and more lending networks popping up online that are offering private loans within a network environment. There are a lot of people that are members of these networks that have money to lend. The website is a place where you can post a loan request and have network members bid on your loan.

Some of the better known lending club or peer to peer lending websites are www.prosper.com and www.lendingclub.com.

Zillow’s chief economist Stan Humphries appeared live on Bloomberg TV to talk about the double dip in home values and his overall housing outlook for 2010.

Stan says he expect U.S. home values to fall another 5 percent on the national level before we reach the bottom by middle of this year.

http://www.zillow.com/blog/zillow-chief-economist-stan-humphries-talks-a...

It looks like we are still on our way down and bumping on the bottom of the housing market for a while. It is good news for investors looking to make some good money on foreclosures.

hey guys jst ran into this ad and i wanted to share.

Real-time listing prices in these areas are dropping, and experts expect them to fall further this year.

During the housing bust, while the effects of foreclosures and a crushing recession tore through real estate markets in states like Florida, California and Nevada, the Denver metro seemed insulated from economic harm. It has consistently performed relatively well among the 20 major metropolitan housing markets tracked in the S&P/Case-Shiller Home Price Index, which measures sale prices, and is published with a two-month lag. In its January report, covering the year ending in November, Denver topped those markets with a 0.5% home price increase.

More from Forbes.com:

The article referred to here is found at: http://finance.****/news/Strategic-Defaults-and-the-usnews-2190373684.ht...

On Friday January 15, 2010 we posted the FHA’s announcement to suspend their now infamous 90-day anti-flipping rule for 1 year, effective February 1, 2010.

Yes, this is great news for investors trying to flip properties to FHA Buyers! But after reading carefully through it myself, I see there are also some caveats and important nuances you should absolutely be aware of.

First, exactly why is this such good news for investors?

from CameronDirect.com/blog/?p=31

The news from FHA today is beyond HUGE! They have suspended their 90 day rule beginning 2/1/10. This means we can now sell properties to FHA buyers without having to season the title for 90 days.

Since 2006 FHA, with only a few exceptions, has refused to finance a deal for a buyer, where the seller was not on title for at least 90 days from the time the buyer opens escrow. So for practical purposes that really meant +/- 120 days of ownership till you could close with an FHA buyer.