With the exception of cash transactions, investment activity in commercial real estate sectors is essentially at a standstill. This is due to the fact that financing is difficult to secure while job losses and diminished consumer confidence are curtailing the demand for space, according to real estate experts who spoke at the 7th Annual Commercial [...]
Entries from February 2009
Real Estate Experts Say “Buy Paper, Not Bricks” in 2009
Feb. 25th, 2009
How to Find Good Denver Colorado Real Estate
Feb. 25th, 2009
Denver Colorado homes for sale, it is first necessary to identify the perfect locations to own or build a home in Denver. Real Estate areas in Denver include Ridge Gate, Highlands Ranch, Lone Tree, Cherry Creek, Castle Pines, Centennial, and Castle Rock among others. For more established and classic areas to live in, Denver presents [...]
Housing Bubble Economic Problems – Have We Seen the Worst?
Feb. 25th, 2009
The foremost problem resulting from the deflation of the housing bubble was the imperilment of our banking and financial system. The bailouts emanating from Congress have mostly focused on keeping the banking system solvent. Considering most institutions were secretly bankrupted by the housing collapse, this was not small problem. The economic ramifications are severe, and [...]
Condos 101 – 6 Questions Asked and Answered
Feb. 25th, 2009
Unbeknownst to most condo refers to a type of ownership not a type of building. A Toronto condo usually takes the form of a high or low rise apartment style building. However, some condos could be in the form of a factory loft or town house. When you buy a Toronto Condo what are you [...]
Short Sales – A Great Opportunity for Realtors in These Tough Times
Feb. 25th, 2009
We all know the story. Sales are down everywhere, some areas more than others, but virtually no area is untouched. My community is a Midwestern college town that is rarely affected by recession, but still sales were off 21% in 2008. But with sales down, the one thing rising in the real estate world is [...]
Housing Bubble Causes – Why Did It Happen?
Feb. 24th, 2009
The housing bubble was caused by an expansion of credit that enabled irrational exuberance and wild speculation. The expansion of credit came in the form of relaxed loan underwriting terms including high debt-to-income ratios, lower FICO scores, high combined-loan-to-value lending including 100% financing, and loan terms permitting negative amortization. Addressing the conditions of expanding credit [...]
Septic Tank Maintenance – Home Owners – Real Estate Advice
Feb. 23rd, 2009
Some of Atlanta’s water customers have septic tanks rather than sewer connections. Making sure septic tanks function properly requires a degree of maintenance on the part of the homeowner. Here are some tips for keeping your septic tank in good working order: -Don’t pour grease, oils, dairy products, chocolate or bits of food down the [...]
Which Direction Will the Springfield Illinois Housing Market Go?
Feb. 23rd, 2009
There were encouraging signs for the Springfield housing market the week following Valentines Day. Local Realtors posted 94 sales pending for the best week of the year by far. The burst in activity pushed the sales pending for the year a dozen ahead of the same time frame in 2008. The real barometer however is [...]
Timeshares: Earning Big Bucks for Luxurious Getaways
Feb. 23rd, 2009
Timeshares is like merging the real estate industry and holiday packages into one whole box. With the economy heading to rocky roads ahead, people are looking for easy ways to earn money, yet getting a vacation at the same time. Thanks to this kind of investment package, peoples wishes are slowly coming true. In this [...]
Stop Foreclosure Assistance – Everything You Need to Know About Home Foreclosure
Feb. 23rd, 2009
Receiving a home foreclosure advisory is perhaps one of the most dreaded things that any homeowner would ever get. As simple as the notice may appear, the words printed in a home foreclosure notice is more than enough to bring a sense of fear and uncertainty to the homeowner since he or she is now [...]