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Real Estate Investment

Real Estate Investment: Bank of America

b-of-a.jpgWelcome to the real estate investment blog. This piece aims to provide information, news, tips and advice to all of those who work in the real estate. We cover a host of issues, including financing, buying and selling, foreclosures and the like. We want to make sure that we provide you with news, information, tips and advice that will be helpful to you and we hope that this information is useful to you. We hope that you come back to the real estate investment blog often for more information.

There is now even more bad news on the real estate front. Bank of America, who is one of the countries largest banks, has announced that they will no longer work with mortgage brokers, and they have decided to cut out this division in order to save money. Apparently, Bank of America reported a thirty two percent decline in earnings, and that was just their domestic division. Their global corporate and investment bank declined ninety three percent. That is not good news at all, and this is all fall out from the sub prime lending debacle. Perhaps this is finally the bottom of what has been a nightmare.

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Real Estate Investment: Housing spike temporary.

stock.jpgThank you for visiting the real estate investment blog. In this blog, we hope to provide you with all the tools you will need to make successful investment decisions. We like to address all sorts of issues with this piece, whether it is specific advice, or just useful news. We want you to be successful in all your ventures, and would greatly encourage you to come back to the real estate investment blog often. You never know what you may find.

A recent housing report showed that housing sales have actually improved recently. This is great news for all of us as home owners, but you might want to take a pinch of salt with the report because it may only be a blip on the radar. Many think that this is an exception, and not a trend. Stocks continue to fall as people are fearing the possibility of a recession. That is right, I said it, recession! That is horrible news for real estate investors, and it makes me wonder what the fed plans to do to turn around the economy. Basically, you could blame this on all of those sub prime loans which have now defaulted.

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Real Estate Investment: The California Blues.

fire.jpgWelcome to the real estate investment blog. In this blog, we try to discuss all kinds of issues concerning the housing market whether it concerns the current sales trends, to how to flip a house. We want to help you have success with your ventures, and of course real estate investing will probably be the largest of these. We hope that you find the information useful and would like to ask you to return to the real estate investment blog often for updates, news, info, tips and advice.

The housing crisis in California has just gotten worse. Not only have homeowner seen their equity drop, but now the area is in real physical danger. The sub prime market has left many investors wanting, and now housing sales are at their lowest point since 1999. Now the fires that have raged for the last four days are also playing havoc on the housing market. Many of these areas are ruined, and the damage has gone from well north of Los Angeles, through Orange County and all the way to the border in San Diego. How much worse does it have to get before the market picks back up again?

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Real Estate Investment

frank.bmpWelcome to the real estate investment blog where we supply all those interested with real estate with information regarding sales, mortgages, investments and the like. We hope that you find this information useful and wish for you to return to the real estate investment blog often.

 

Well, the sub prime market debacle has finally prompted legislature to do something about it. Just recently, Barney Frank has introduced legislation that would allow the federal government to oversee the practices of mortgage brokers. Mortgage brokers have used tactics like prepayment penalties which dissuade borrowers from refinancing to a lower interest loan. In addition, the mortgage brokers have been paid rewards by lenders when they persuade borrowers to agree to higher interest loans that they cannot afford to pay. It was stated that the mortgage broker industry has bee paid billions of dollars in incentive money for these questionable practices. This explains a lot about why so many of these loans failed, and it is my opinion that the mortgage brokers and lenders pay a penalty for their actions. Frank’s bill would seek to eliminate these questionable practices and give the federal government the right to oversee their actions. It’s about time.

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Real Estate Investment: Banks work to stave off credit crunch.

credit-crunch.jpgIn today’s real estate investment blog, I will discuss some of the changes that are occurring and stand to have an affect on the real estate market. The real estate investment piece is written for real estate investors and we hope to cover many different issues that you may be concerned about. Today I will be looking at some major banks and how they are approaching the credit crunch. We hope that you find the information that we provide useful for your purposes.

 

The countries three top banks, Bank of America, JP Morgan Chase and Citigroup have come up with a plan to stave off the effects of the credit crunch. The three banks will raise about 200 billion dollars to make loans available. The money will not come directly from these banks however, and it is hoped that the money will help ease investor’s fears of a credit crunch. Some have their doubts and some key stock market experts have even stated that they feel this move by the banks is nothing more than PR. Whether or not those statements will come true remains to be seen, but hopefully the banks actions will keep investors from a mass sell off. 

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Real Estate Investment: Buyers Market.

detroit.jpgIn today’s real estate investment blog, I will discuss some recent trends in the real estate market. This piece’s aim is to provide information and insight into the world of real estate investing. We hope to provide you with the best sort of news and information so you can find success with all of your property ventures. If you would like to get more information, ideas, or advice, please come back to the real estate investment blog often. We hope you enjoy great success in all of your investing ventures.

 

With the collapse of the sub prime market, there has been a steady stream of bad news concerning the real estate market, but the bad news is really directed towards owners and those looking to sell or secure bank loans. For others, the news is welcome, and there are deep discounts out there to be had. For example, homes in the Detroit Michigan area are going for very cheap prices. Homes that would have sold for about one hundred thousand dollars a year ago are now going up for auction for as little as fifteen thousand! Some people plan to purchase a number of these properties, and then rent them out to other people, only to sell them at a higher price somewhere down the road.

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Real Estate Investment: Index falls to record low.

real-estate-investment.jpgMore news on the real estate investment front: Just when it appeared that the sub prime market had finally bottomed out, there is more bad news on the home sales front. Yesterday, the stock market jumped as many felt that the credit crunch was over. The idea that the Fed was going to cut interest rates again, combined with the banks loosening their purse strings a bit has many investors looking to make rebounded gains in the market. Well, you can pretty much shelve that idea for at least the next few months because the index that is used to forecast near term housing sales did not look good.

 

Not only did the index come back with some bad news, it also showed that near home sales have dropped to record lows. Incredibly, sales dipped 6.5 percent in July, and have fallen an astounding 21.5 percent for the year. This will push home sales even lower. This is good news for the home buyer, but they may not be able to capitalize on the market because banks are willing only to give out the safest loans. This could mean that the housing market will stay in a rut for at least the next few months and this will undoubtedly have an affect on the stock market as a whole. This is not good for those looking to make a real estate investment.   

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Real Estate Investment: The end of the credit crunch?

real-estate.jpgIn today’s real estate investment blog I will discuss the latest news concerning the sub prime market and how it is affecting the real estate market. This blog covers various aspects of real estate investing, and we hope that the information and news we provide will help you with your future endeavors. If you would like more news and information concerning the home purchasing and investing, be sure to check back at the real estate investment blog early and often.

 

The stock market is on the rise today and is now at record levels. This is quite an improvement from the market that was shaky due to fears about the credit crunch and how much the current sub prime market has affected the stock market. It appears that investors now foresee a light at the end of the tunnel, and they are showing it with the rise in the market. Oil stocks are up despite falling prices and the market, as a whole, is performing quite well. Investors see an end to the credit crunch and suspect that the Fed will continue to make cuts in the interest rate. Hopefully this will translate into rising house prices. 

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Real Estate Investment: Short Sales

foreclosure.jpgIn today’s real estate investment blog, I will discuss real estate investments, and in particular, how you can find success with short sales in the time when the housing market has taken a downturn. Come back to the real estate investment blog often for tips and strategies that may be of value to you.

You may be a bit nervous with the current state of the housing market. Who wouldn’t be? The entire stock market has taken a turn for the worse because of defaulted loans of the sub prime type. It has gotten so bad that now major companies are concerned that banks will not fund their loans and it now appears that the Fed may have to cut interest rates just to stabilize things. Well, you can still make money in this type of market. You can do this by negotiating with the bank during the foreclosure process. During this time, you can negotiate for deep discounts with the bank. The bank is just looking to off load the property as quickly as possible. The house is not liquid to them and they prefer to have the cash. The beauty of this type of sale is that you can either turn it around for a quick profit, or fix it up first, then sell it.

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Real Estate Investment: Sub Prime Crisis Worsens.

home.jpgIn today’s real estate investment blog, I will discuss the continuing problem of the sub prime market and how this may affect your property investment decisions. This piece is updated frequently and is written for all those interested in real estate investing. We cover a host of aspects, including ideas, advice, strategies and news. If you would like additional information on this subject, come back often to visit the real estate investment blog.

Just when it appeared that the sub prime market had finally bottomed out, it appears that news has gotten even worse. A report that was issued by the Mortgage Brokers Association indicated that that the foreclosure rate hit 0.65 percent this month, making it the highest percentage ever since the Mortgage Brokers Association had begun tracking these numbers. While this does not bode well for home owners and the economy as a whole, it does mean that there will be a large number of foreclosed homes available for the investor. Banks will look to rid themselves of these properties as soon as they can because they cannot afford to lose their liquidity. You just might be able to find a really good deal on a home.

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