As bad as the housing collapse has been in America, the stock market collapse has been worse. And not for just the past year plus, but for the past 10 years. PortReal, LLC, publishes real estate investment reports and provides custom analysis for investors and industry professionals. Here are their findings: On average, residential real [...]
Tag Archives: atlanta
Real Estate Strategy: Buy & Hold (even if it hurts right now)
I know many homeowners are upside down in their mortgage, meaning you owe more to the bank than your home is worth in today’s market. Don’t panic. Don’t force a sale. Don’t do anything, except keep making your payments – even if it’s hard to do so. Cut back on everything else in your life and keep making payments on your house.
Another Point of Light, guest post by Brian Dubuc
Recent news stories about the federal plan to support the U.S. financial system explain that the Treasury Secretary Hank Paulsen has shifted the focus of this effort from purchasing suspect mortgage backed securities to other non-real estate backed securities and bank capitalization. The question is why? If you are looking for that pony in the [...]
Woodstock GA: Ridgewalk Interchange Gets Funding from DOT
The future of Ridgewalk in Woodstock looks brighter for the long-term. Granted we’re still in a real estate downturn and commercial real estate will definitely get worse before it gets better, but Woodstock can now see a future with a better way around town, improved access to I-575 and high-end retail.
Woodstock GA: Friday Night Live
November 7th will mark the next installment of the wildly popular Woodstock Friday Night Live series. The theme for November is a fall festival. The Downtown Merchants aim to make this a fall festival that you will never forget. The fun will start at 5pm and will go to 9pm. As per Friday Night Live [...]
Maxsell Real Estate tops Large Brand Brokers
98% of home buyers find the Internet useful when searching for a home. 1 in 3 buyers finds the home he or she ultimately purchases on the Internet. According to a recent Consumer Reports survey… 85% of Keller Williams agents advertised homes on the internet, compared to only 76% of RE/MAX agents and 75% of [...]
Am I the only person looking for the pony in the pile?
I like to read Bloomberg.com. Their articles are more analytical than you will ever find at CNBC. However, while perusing an article on durable goods numbers, the typical doom and gloom from economists bemoaned the 1.1 percent September drop in orders. Of course, in August, the drop in orders was 4.1 percent. Why the long [...]
Atlanta Real Estate: Dare To Be Ruthless
I have a friend from Australia that enjoys “taking a holiday” with his American wife for periods up to six weeks at a time. On some trips, their luggage is a backpack and their transportation, a motorcycle. This mode of traveling is not for the lighthearted and requires a certain adventurous gene that is not [...]
September Homesales – up again
Even though it is raining outside (and we need it in North Georgia), it is a great day. Bloomberg is reporting that September homesales increased both month over month and year over year for the second month in a row. This is important as the numbers show that foreclosures and REOs are continuing to drive [...]
546 Reasons Why We Are Where We Are Today
I found an interesting article that I wanted to share regarding the current situation in our country. If I had written the article I would have added one additional person/reason, you and your individual power of choice. There are many altars where we could lay the blame for our current economic situation, corporate and individual [...]