I was meme tagged by Pat Kitano of Transparent RE.com. A meme [mem ] is described by the American Cultural Dictionary as “A unit of cultural information, such as a cultural practice or idea, that is transmitted verbally or by repeated action from one mind to another .”
Huh?
Earlier this month I commented on how players in the sub-prime market were taking a beating.
I’ve been a USAA member for seventeen years, since I was a junior at West Point (USAA is the financial institution dedicated to serving our Armed Forces).
Blog Carnivals are a great resource to discover new voices writing about topics that you care about.
Figures released last week indicated a contraction both in housing starts (lowest level since 1997) and in median sales prices.
Travelling to the west this time…
Australian real estate investing in Perth has continued to show excellent results in terms of capital growth and good rental yields.
In the final quarter of 2006, ending 31st December, median house prices in Perth rose by nearly 5 per cent to $325,000. Over the past year, Perth house prices have increased by 18 per cent and rents have also risen by 25 per cent. The supply of new homes has slowed although demand is still strong.
Okay, here’s a new way of looking at things: perhaps irrational exuberance isn’t the bane that we thought it was. Okay, maybe investors took a financial bath by loading up on tulip bulbs back in the 1600’s or shares of pets.com in the 1990’s - but hey, they were contributing to the greater good!
Houston has had a few recent back-to-back murder-suicide incidents in the immediate aftermath of the terrible events at Virginia Tech.
Many Australian residents and those interested in Australian Real Estate Investing have found Tasmania, a safe retreat from the metropolitan areas with a temperate climate and plenty of waterfront properties.
In the past ,Tasmania has always been the most affordable state in Australia for real estate investment. Tasmania offers a vast amount of less costly options to live and certainly offers investment potential for investors willing to wait some time. Tasmania is ideal for investors willing to accept lower rents in exchange for retirement bed making. Australian real estate investors are finally starting to notice Tasmania.
I have heard a lot lately about “Subject To” real estate investing. “Subject To” is when you purchase an investment property subject to existing financing. The seller keeps the current loan on the property in place and a separate agreement is signed to make it available to the investor and eventually the buyer’s use.