I get asked this question almost every day. It seems like everyone is trying to time the market like a Wall Street day trader. In most cases they are overlooking some critical elements to this real estate market that makes it one of the best markets ever for buying.
Is Now A Good Time To Buy?
April 9th, 2009Foreclosures And The Luxury Home
April 3rd, 2009The luxury home market is starting to suffer in this market. Santa Fe, New Mexico-based Thornburg Mortgage, which specialized in jumbo adjustable-rate mortgage loans for luxury properties, announced that it is filing for Chapter 11 bankruptcy protection and cease operations. Read the rest of this entry »
Real Estate Agent Survival Kit
March 30th, 2009The last post was about the last man standing. If you are real estate agent trying to survive this market you need a new set of tools and strategies, a survival kit. Read the rest of this entry »
Last Man Standing
March 25th, 2009This market shift has been a test for the real estate industry. The only person I know who has made a lot of money in the real estate industry lately is a day trader, he traded short every thing real estate related. For all of lay people that means he bet the farm that real estate related stocks would fall, they did and he made a killing. For the rest of us this has been a war of attrition but there is something about being the last man standing. Read the rest of this entry »
Become A Foreclosure Consultant
March 24th, 2009This piece is the essence of why I created U. S. Foreclosure Consulting. I saw an enormous demand coming to solve the impending foreclosure crisis. This seemed like a natural to me, simply take the talent that was working in the contracting real estate business and put them to work in the growing foreclosure business. Read on to find out how to make money in the changing market. Read the rest of this entry »
Making Money In Foreclosures
March 24th, 2009People often ask me how to make money in foreclosures. They have usually seen one of those ridiculous infomercials touting getting rich quick. The truth is that it requires what any other business demands: knowledge, hard work and perserverence. Read the rest of this entry »
Real Estate Changes, Foreclosure Is Creating New Rules
March 22nd, 2009I am spending a quiet Sunday morning reading various newspapers and browsing newsworthy Internet sites. I am a real estate junkie and I always find myself looking into my industry, even on my days off. As I am reading, I am overcome with this feeling of massive change. I think that I am like most people and the prospect of change is always gyrating between fear and excitement for me. Both emotions feel remarkably similar, especially in my stomach. Then, I have to ask myself to analyze the situation to see if the prospect that is causing me contemplation merits this much attention. In analyzing the changes in the real estate industry, both real and anticipated, I ask my self, “what does the perceived change mean to me and the people I serve?” The following are my conclusions: Read the rest of this entry »
Buy A Home Alomost Zero Down And Get $18,000 Back!
March 19th, 2009Now that is a headline! I love it and everyone from home buyers to the real estate industry should be excited. But how can it be? Read the rest of this entry »
Foreclosure Search Reaches High
March 16th, 2009Foreclosure related searches have hit a three year high according to Hitwise, the internet research company. The week with the highest share is Feb 2, 2008, due to spikes from searches on ‘what is foreclosure’ and ‘highest foreclosure cities’ following media coverage of the top cities in the US for foreclosures. Read the rest of this entry »
Foreclosure Market Could Be Chance Of A Lifetime
March 13th, 2009I love market psychology. When things are going up everyone is euphoric. Real estate was cocktail hour chatter. Everyday people spoke like they were Donald Trump. The urge to get in was strong and the greed that came with the bull market was infectious. But… now real estate is like a cancer, and the psychology has swung completely the other direction. But could this be the chance of a lifetime? Read the rest of this entry »
