Market Trends and Condition

How many people use the Real Estate Market Cycle evaluation chart that's in chapter 5 of Dean's book? Would you be interested in a computer program that'd let you do it easily? I wrote one for myself and would be willing to touch it up and put it out.

Sean

That's the question on the minds of many investors , but it's become increasingly tough to answer, even for the pros.

This article points out just how unstable comparables are. The bottom line - the sales price is set by a willing buyer and a willing seller.

Instability in the region's housing market is making it difficult to determine values, according to mortgage brokers and real estate appraisers. "It's miserable," said Karen Mann, who runs a small East Bay appraisal firm called Mann & Associates. "I've been in the business 28 years, and this is the worst downturn I've seen."

Here are some interesting factoids about comparing the past and present economy...enjoy!

Economic Comparisons

1. MOST RECENTLY - 7 of the last 9 months (as of 7/31/08) have produced a negative total return for the S&P 500 stock index. Before this most recent 9-month stretch, only 7 of the preceding 31 months resulted in a negative total return. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the US stock market (source: BTN Research).

Check out this link...i'd like some thoughts about how this could effect the RE Market

http://www.treas.gov/press/releases/hp1101.htm

Post your Thoughts

How will the results of this election year affect the real estate market? If "Bush Tax Cuts" go away, will investment money be more difficult to get?

Hello all,

Yesterday I was sitting with one of my friends/employees and he was talking about how unique this current market is. He is one of the directors of our company but just like all of the people on my team we push them to be REI. And he is. At the age of 24 he has done several deals already and working on a few right now.

Real Estate moves in cycles.
One of the primary factors that influences these cycles are interest rates.

This is important because it should help determine which strategy to use in our investments.

So, What happens when interest rates are high?

1)lowers one's purchasing power, because monthly payments are higher.

2)Prevents some from qualifying for loans.

3)Causes many to default on loans with adjustable rate because payments are going up

Most don't plan on higher payments, increasing the amount of foreclosure.

So, what happens when rates are low?

How's it going out there real estate investors and future real estate investor?

Go to this article:

http://promo.realestate.****/five-cities-with-biggest-decline-in-home-va...

I read this and found it very interesting. It seems that the top 5 are Las Vegas, Miami, Phoenix, Los Angeles and San Francisco.
Dean knew what he was doing in Phoenix!!!

As we all know, the market for selling is terrible for sellers, but for buyers, they are the ones that are having the advantage to steal our homes{ SO TO SPEAK } Don't allow them to steal your house, It's not like we are being pushed out of our door, unless one would be in a foreclosure situation. The MKT in the U.S is terrible in every state. Our economy is in trouble. Cindy.