One method used to evaluation residential real estate prices is the price-to-income ratio. Since people borrow the vast majority of the funds necessary to purchase residential real estate, and this borrowing must be financed from current income, the ratio of house prices to rent is a useful barometer of market valuation. Since incomes and rents [...]
Entries from January 2009
Housing Market Bottom – Price-to-Income Ratio Estimates
Jan. 2nd, 2009
Housing Market Bottom – Price Action Estimates
Jan. 1st, 2009
Most market participants focus on price action. The price-to-price feedback mechanism largely responsible for bubble market behavior gathers its strength from an awareness of market pricing, and the widespread belief that short-term, past price performance is predictive of long-term, future price performance. It is a fallacy that is often reinforced in the short-term as irrational [...]
Real Estate Agent to Buy Baton Rouge Real Estate
Jan. 1st, 2009
Buying a home is a major commitment and you want to have the right real estate agent on the job to make sure you get just what you want. Regardless of where you are buying, there are some basic things he should know. But, if you are shopping for Baton Rouge real estate, there are [...]
The Process of Choosing Your First Home
Jan. 1st, 2009
Buying your first home is a truly rewarding experience. There’s something amazing about signing your name to the title, making the home absolutely yours; it brings with it a feeling of pride in ownership. For many, moving into their first home deserves a celebration because it is such a great accomplishment. Of course, choosing your [...]
Real Estate Brokers: Tricks and Tips to Finding the Perfect One
Jan. 1st, 2009
A number of websites display listings on the internet, marketing for real estate agents. But, if you’re looking to buy or sell a property, you need to go about finding a good realtor who will handle all of the transactions for you. Here are some tips you need to remember when selecting a broker for [...]