There’s been much ado about the current problems in the real estate market with foreclosures rocketing and prices dropping like a stone. But the situation isn’t all doom and gloom. Here’s why…Like all markets, real estate is cyclical. It has ups and downs. Owners have enjoyed a length period of substantial growth. It was inevitable [...]
Well, depending on the area you live, you’re most likely experiencing a real estate buyer’s market. We commonly utilize this term when certain things happen in the real estate and financial world. When interest rates rise, speculative buying slows, investors start selling and people in general start cashing in on the equity they have built [...]
Let us take a look at some of the newest real estate trends in Tampa and how they impact the lives of average American households.1. Declining home pricesReports have indicated that the average selling price of houses in Tampa has declined, and this translates to lesser impetus to sell. Real estate insiders have determined that [...]
Real Estate inventory is at an all time high PLUS Interest rates are low. A large number of buyers remain in the market, but their behavior is decidedly cautious. For those of you selling in this market, it’s important to remain patient, to plan for a longer sales cycle, and to avoid overpricing your home. [...]
Renting to tenants is no longer “where the money is” for real estate investing. I became a multi-millionaire landlord in the 1980s by buying $10 million in rental houses. Yet, I consider this real estate investing approach the biggest mistake in my real estate investing career. I call it my “$10 Million Mistake.”Back then, real [...]
