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 …
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. …
INVESTORS UNITE! There are only a small handfull of companies in North America that can even think for a solitary moment that they are truly educated real estate investors, and actually prove it. The Real Estate Investment Network (REIN) is one of them, and we highly recommend becoming a member and becoming educated on EVERYTHING …
Wisconsin must have the best water in all of the United States, because they are the only state that has shown the awareness, the stamina, and the resolve to take action against the government and institutional movements that do not benefit the people of their State – and by association, the Union. They proudly, and …
So the housing market is actually solidifying a foundation for more than stability, but to actually build a full strung reocvery. “The fact that most markets are maintaining their spots on the improving list from month to month is an important indication that the recovery trend is solidifying,” agreed NAHB Chief Economist David Crowe. “At …
A measure of U.S. home prices jumped 4.6 percent in August compared with a year ago, the largest year-over-year increase in more than six years. Like Whoa!! Talk about a defining headline. Moreover, talk about a headline that screams, “We told you so.” As we have written and explained in our seminars and educational materials, there are a lot …
“Sensible lending standards would permit 500,000 to 700,000 additional home sales in the coming year,” NAR chief economist Lawrence Yun said in a statement. They say that the future favours the bold, and if the above statement is any indication, it is that Mr. Yun and the NAR are bold. What is more interesting is that the future …
I am pretty sure that a number of people have at one time or another said something along the lines of, “If you are getting deeper in the hole – stop digging”. Mitt Romney is at the point where he better stop digging. In traditional Republican nonsense spewing, Romney released, The six-page document, titled “Securing …
Prices rose 1.8 percent in the second quarter, compared to the first three months of the year. They rose about 3 percent compared to the same period last year. This is the first time since 2007 that prices have increased for 2 consecutive quarters and that is a tremendous vote of confidence. And we are …
