September is in the books, so it’s time to take a good hard look at how the Tri-Lakes market did through September of 2007
There were 37 new homes listed for sale. The average list price of these homes was $492,655
There were 11 homes that went “Under Contract”, the average list price of those homes was $429,463
I got through my Friday the 13th closing with no problems, so I’m now the happy owner of a new four-unit property in the Montrose section of Houston.
Illicit activity is something that every landlord needs to be on the lookout for, and the methamphetamine (“meth”) epidemic that hitting some regions is adding new twists to this concern.
Expect to see more of this issue…
As the presidential election looms, the issue of immigration - particularly illegal immigration - will move into the spotlight.
Average home sale yields $32,200 in additional consumer spending.
OTTAWA – June 12, 2007
The resale housing industry in Canada generated more than 158,000 jobs and an average of $15.3 billion annually in the period from 2004 and 2006, according to a study prepared for The Canadian Real Estate Association by Altus Clayton.
Effective home selling these days requires the right attitude. The most effective sellers take the stance “We are no longer home owners, we are home sellers”. This attitude goes a long way in preparing the seller for what’s ahead. The following is a list of ten other things to keep in mind when getting ready to sell your home.
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.
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.