Archive for Real estate investor
Signs of the Housing Recovery; Inventory is Shrinking and List Prices are Rising
Signs of the residential housing recovery are popping up daily. The most rapid recoveries are the housing markets that were hardest hit, such as Metro Phoenix. Nationally we are seeing positive signs of recovery and a turning real estate market across all price points with the exception of a few weak housing markets. USA Today [...]
Do You Want to Become a Landlord?
Making the decision to buy rental property and becoming a landlord is very appealing in this market. With record low home prices and record low interest rates the purchase of rental property seems very appealing. However, If this is the first time you will be purchasing a rental property you must get over the hurdle [...]
America’s Sprawling Cities
As American cities continue to grow in population, they are growing in physical size too. There is an interesting piece in The Atlantic Cities that delves into current census data and looks at the trends of growing urban populations (more than 80% of Americans now live in urban areas) and cities, both large and small, [...]
Top 10 Investment Housing Markets
Tucson’s Housing Market still offers favorable conditions for Investors. Realtor.com’s latest top 10 investment markets report shows metros just off the beaten path leading the way. Built from Realtor.com data updated through February 2012, the report put Tucson, Ariz.; Austin, Texas; and Kansas City, Mo., as the top current real estate markets to invest in. [...]
FHA Changes Coming on April 1st
The Federal Housing Administration (FHA) has some new costs and mortgage structure changes. Nothing major, but certainly something you should be aware of, because it’s going to increase some of the costs to home buyers. These are FHA changes are effective on April 1, 2012 across the country for all new applications. The FHA does [...]
The 3.8% Tax Is Not a Real Estate Transfer Tax
Tax time is nearing and once more rumors are circulating on the Internet and by e-mail that the health care reform law enacted two years ago includes a 3.8 percent transfer tax on real estate starting in 2013. That rumor is not true and NAR has material available to you to explain how that 3.8 [...]
Tucson AZ Real Estate Market Update 2012
Tucson Housing Market Update 2012 Tucson AZ Real Estate Housing Market Update – February 2012 Tucson, Arizona housing market update for February 2012 statistics show the active inventory of 5,437 has decreased 22% from February 2011. The number of homes that closed in February 2012 was 1,019 which is an 18% increased over the same [...]
RE/MAX EXcalibur 2012 Sales Rally Alex Charfen “Market Is Shifting”
Alex Charfen founder of Institute Of Certified Distressed Property Institute, CDPE, commented that Arizona has less than a month and half months inventory. There are investment opportunities everywhere with 12 percent cap rate. In Arizona, major lenders consider number of short sales are going through the roof and foreclosures have plummeted. Two lenders confirm the [...]
Tucson Housing Market Is Not Sickly
Why doesn’t the media report accurate data…? you can make any market look sickly… The Tucson Market Shows Positive Market Indicators… Here are the August 2011 Housing Market reports. Tucson homes and land or the number of active inventory for the month of July was 5,518, a 17% decrease from the same time last year! [...]
Fannie Mae Home Buyer Assistance Program is Back
Fannie Mae Homepath program, Tucson AZ real estate, Tucson Bank owned homes for sale, Tucson REO properties
