Absolutely not! Are you crazy? Ok, wait, that was a little rash. It’s kind of hard to yell about something without at least offering a justification for the statement. So I’m going to offer you an analysis on turnkey prices so you can understand what is really behind the prices of these properties. Read the …
“Rising home prices have already resulted in a $760 billion growth in home equity during the past year,” Yun said. “Given that each percentage point of price appreciation translates into an additional $190 billion in home equity, we could see close to a $1 trillion gain next year.” The way that you look at a situation, …
One of the biggest drags on the housing market in addition to the obvious foreclosure issues that are well documented, are the number of homes that are in a negative equity position. There are currently 14M homeowners who are underwater on their mortgages but they have work, and are paying their mortgage down, and remain …
Considering that most Canadian investors have been hoodwinked by the mainstream media for so long into thinking that the housing market was in bad shape, most of them have not even purchased an investment property over the course of the last year. That’s too bad – they missed out on gains of at least 5-20% …
When it comes to housing, it is the economy that drives the housing market. Not the other way around. There is no sustainable way for the housing market to drive the economy because then you just have a lot of construction. and in the end, you can pay any one to build anything regardless if …
Some of the biggest increases were in states that suffered the worst from the housing bust. Home prices in Arizona jumped 18.7% in the past year, the most of any state. Home prices in Idaho rose 13.1%, the second largest. Nevada’s home values rose 11%. Idaho? Really? I know that one surprised everyone but Arizona …
We have been down this road before. Thankfully, however, Trulia’s Chief Economist has made sure to place the bad news in proper context with the good news. Looking at new construction starts, existing home sales and the foreclosure plus delinquency rate, the housing market is now 43% back to normal — a new post-crisis high! That is …
The question of whether you are a die-hard follower of the most famous billionaire of our time, Warren Buffet, is something that you need to answer, however, what we offer here is news from many different perspectives on the housing market. According to Mr. Buffet, there is reason to be bullish on the housing market …
If you have listened to any of our seminars or joined us at some of our huge educational seminars across Canada alongside The Real Estate Investment Network (REIN), you will have heard us talk about the many different things that you need to analyze before buying a piece of real estate. This article is a …
For those of us in Canada, we always find it amazing that a state like Wisconsin which just kind of blends into the background, comes up in every election year as a so called, ‘swing state’. Its not weak economically but it is by no means a power house. It isn’t the most populated either. …