The real-estate bust has stripped all the smoke and mirrors from the housing market. In the starkest way possible, it is revealing which homes hold value in a recession, and why.
Certain upgrades can help recession-proof your house, but your home's price resilience mostly depends on ch…
Continue
Added by Jennifer Griner on March 9, 2010 at 8:00am —
No Comments
The S&P Case-Shiller U.S. National Home Price Index posted a 2.5% decrease from a year earlier, a significant easing from the 19%, 15% and 8.7% declines in the rest of 2009.
The indexes showed prices in 10 major metropolitan areas fell 2.4% in December from a year earlier, while the index for 20 major metropolitan areas dropped 3.1%. Prices are down 5.3% in the past year, compared with a 7.3% decline in October, S&P said. A year ago, prices had tumbled 18.2%. The index s…
Continue
Added by Howard Bell on March 8, 2010 at 9:02pm —
No Comments
Mortgage Bankers Association has developed a new forbearance program that would allow qualified borrowers who lose their jobs to stay in their homes while they look for a job. The MBAA proposal would have loan servicers lower mortgage payment for up to nine months while a homeowner looked for work. This would allow for a great deal of stability in the lives of those who lose their jobs and their homes simultaneously.
Most of the new home loss problems now are not sub prime or irrespon…
Continue
Added by Howard Bell on March 8, 2010 at 9:00pm —
No Comments
Real Estate leverage is the use of borrowed money to increase your profits in an investment. Building wealth via real estate requires the use of leverage.
…
Continue
Added by Jennifer Griner on March 8, 2010 at 10:15am —
No Comments
Today's post is very short.
In real estate investing you have to remember that you are ultimately the buyer. you call the shots. You make the terms, you have the money.
I know that when you have the opportunity to make money you will have to step out and risk a little but just remember that a chain will break at its weakest link.
Make sure you are in touch with your gut. If it seems too risky it probably is. Be generous with your sellers, but not on the bottom li…
Continue
Added by Matt Gerchow on March 7, 2010 at 8:00pm —
No Comments

"The first step is to fill your life with positive faith that will help you through anything. The second is to begin where you are."
- Dr. Norman Vincen
…
Continue
Added by Jennifer Griner on March 5, 2010 at 9:20am —
No Comments
Click the screen above to watch this quick video.
Tonja…
Continue
Added by Jennifer Griner on March 4, 2010 at 10:04am —
No Comments
President Obama recently announced an additional $1.5 billion in homeowner aid for the areas of the country hardest-hit by declining home values.
Florida, Michigan, Arizona, California and Nevada are the five states that will receive funds.
…
Continue
Added by Jennifer Griner on March 3, 2010 at 10:40am —
No Comments

Many people have been asking if they can fix their credit score themselves. There are steps, which are outlined below, that people can follow to repair their credit. However, we have found, that it is not the actual steps that a…
Continue
Added by Jennifer Griner on March 2, 2010 at 12:00pm —
No Comments
So many people have repeatedly asked if they should get a real estate license as investors.
First, there is no "right" answer to this question. Below is a list of Pros and Cons gathered from a combination from our experiences and other opinions from real…
Continue
Added by Jennifer Griner on March 1, 2010 at 11:29am —
No Comments
I have to say, every day is such an adventure in Phuket. You really don't know what is going to happen from one day to the next. There is so much to see and do.
I was informed yesterday that one could eat in a new restaurant for 500 days and by the time they got to the end there would probably be 500 more to choose from.
Met a couple from France this morning. Interesting twosome. They work in Internet Marketing for a company out of New York called Webgains.
Little Matt…
Continue
Added by Matt Gerchow on February 27, 2010 at 8:25pm —
No Comments
30-Year Fixed-Rate Mortgage Over 5 Percent
30-year fixed-rate mortgage: Averaged 5.05 percent with an average 0.7 point for the week ending February 25, 2010, up from last week when it averaged 4.93 percent. Last year at this time, the 30-year FRM averaged 5.07 percent.
The 15-year fixed-rate mortgage: Averaged 4.40 p…
Continue
Added by Howard Bell on February 27, 2010 at 7:52pm —
No Comments
Mortgage Bankers Association for the week of 2/24/2010
Market Composite Index: (loan application volume) decreased 8.5 percent on a seasonally adjusted basis from one week earlier
Refinance Index: decreased 8.9 percent from the previous week. The seasonally adjusted Purchase Index decreased 7.3 percent from one w…
Continue
Added by Howard Bell on February 27, 2010 at 7:51pm —
No Comments

Happiness is not a station you arrive at, but a manner of traveling.
-Margaret Lee Runbeck
…
Continue
Added by Jennifer Griner on February 26, 2010 at 2:22pm —
No Comments
Lenders may be beginning to open up as they see some signs of an economy that is stabilizing. Data released by the Mortgage Bankers Association (MBA) notes commercial and multifamily mortgage originations rose 12% in the fourth quarter year over year. Loan originations in the fourth quarter also were 15% higher than in the third quarter.
see chart
life ins…
Continue
Added by Howard Bell on February 23, 2010 at 5:21pm —
No Comments
Real-estate investment trusts sold $24 billion in new stock last year, raising to profit from commercial-property distress by picking up high-quality real estate at bargain prices. But they are having trouble finding deals. Tishman Spier, recently handed the keys back to the banks. Peter Cooper village and Stuyvesant Town comprise 56,000 units. Another 2.6 billion dollar deal was handed back to Barclays and they have no intention of putting these properties up at bargain basement pri…
Continue
Added by Howard Bell on February 23, 2010 at 5:20pm —
No Comments
Short sales jumped to 15.9 percent of home purchase transactions last month, according to a monthly survey by Washington, D.C.-based business research firm…
Continue
Added by Jennifer Griner on February 23, 2010 at 10:00am —
1 Comment
CT REIA and Andy Heller presents:Gaining Profits in today’s market with bank-owned foreclosures and "rent-smart" lease optionsAll Day Saturday Saturday Seminar
February 27th, 2010. 8:30am to 5:30pm
Four Points Sheraton
275 Research Parkway. Meriden, CT
$34 for CT REIA Members (Online registration)
$39 for not-yet-members (On…
Continue
Added by CTREIA on February 23, 2010 at 7:00am —
No Comments
New video
case study! Natalie Pilkinton owns 3 houses in the same neighborhood and cash flows $1,000 monthly! These three easy "bread and butter" deals have Natalie and her husband feeling like they "won the lottery."
Lifestyles Unlimited provides both single and multi-family investors
real estat…
Continue
Added by Real Estate Investing/Mentoring on February 22, 2010 at 2:08pm —
No Comments
- The average high-school student thinks they will make $145,000 a year.
- Only 34 percent of teens understand credit card fees.
- The bankruptcy rate among 18- to 24-year-olds has increased by 96 percent over the last 10 years.
Shocking! You probably agr…
Continue
Added by Jennifer Griner on February 22, 2010 at 12:42pm —
No Comments