Latest Real Estate Developments

Published September 27th, 2009 by editor

The new hero.

Indeed, brokers and other real estate personnel are getting a bit techie and creative when it comes to promoting their listings and services. Numerous multiple listing services or MLS, exist nowadays and these sites promote the exchange of valuable real estate information among sellers and buyers. The MLS of the Washington D.C. area, that goes by the acronym MRIS (or Metropolitan Regional Information Systems, Inc.), came up with an idea to make their website “alive” they had a comic character to represent the MRIS. People called the character ‘Mr. Is” and that character’s becoming the voice of the MRIS in Washington D.C.

Photo taken from http://www.inman.com

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Published August 22nd, 2009 by editor

Technology gives us options.

During the old times, the lenders do have the control over the borrowers, granting the lenders the power to dictate the terms to the borrowers, and in turn, making the borrowers comply with the said terms of the lenders. There is in fact no balance between the two since the borrowers have no options to choose from. But today’s technology turned the tables upside down. The borrowers now have the power over the internet to choose and compare the terms of the lenders with just a click. Most of the lenders nowadays do have websites and so people can just visit it and pick the best lender that will suit their budget and credit ratings.

Photo taken from http://www.ussa.com

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Published July 8th, 2009 by Mickey

Home Prices on the rise – Slightly

Home prices have been stabilizing though still at very low levels that what they were originally set for sale. This may be mild signs that the housing market is well on its way to recovery but industry experts are still holding their breaths for they have been proven wrong on more than one occasion. The problems being faced by the housing industry is still great as many unfinished development projects lie rotting due to lack of funding, victim of the financial market crash that followed the housing crash last year. Just hope the measures put in place would prevent further complications such as these, so less people would have to abandon their homes. Victims of bad policy making and oversight, victim of economics at work.

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Published June 8th, 2009 by Mickey

Luxury Real Estates Turned Mass Housing

Many failed development projects that the government has taken over are being turned into mass housing for the less fortunate, people who may not have been able to avail of homes if not for government assistance programs. There is however a good chance that those very homes may be in jeopardy for as statistics show, more and more people are facing foreclosure due to the current economic conditions. Jobs are still being lost as the world continues to suffer from the recession and with that, the ability to maintain their homes through their prompt mortgage payments. Hope is still high that there will be recovery, just how long that would take is still quite speculation so keep on hoping, it’s free and keeps you going.

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Published May 8th, 2009 by Mickey

Development Spending Index on the Move

Can this be the good news people are waiting for in the real estate industry, not entirely for non-home spending may be on the move towards the positive side yet like the gains made la month or two ago that showed the same minimal movement, the rest of the economy dragged it into oblivion as quickly as it became news. It seems that the effects of this recession will be around for a long time, longer than anybody expected. Continue reading ‘Development Spending Index on the Move’

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Published April 2nd, 2009 by Mickey

February Trends False-Positive

As expected and foreseen by experts, the mild gains made by the housing market last month have been everything but permanent as the housing market continues on it’s plunge. Prices have leveled off which may be enough good news to compensate for the many who rely on the business for their income. Experts were right when they met the news with caution and with good reason, too high an expectation may send the market down than up. The figures last month were indeed a simple jump in sales and home prices but they lasted as fast as they came, a few weeks, with the rest Continue reading ‘February Trends False-Positive’

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Published March 2nd, 2009 by Mickey

February Posts Surprisingly Mild Gains

A surprise came this past month when unexpectedly home sales seemed to be leveling off and are showing signs of moderate sales in the positive sign of sales. This is however overshadowed by the rising jobless rate which seems to be placing a damper on any gains the economy is showing. Even with the Federal Government shelling out trillions of dollars, it seems to be doing little to bolster the confidence of consumers to go back into buying. This economic downturn is turning the US into a Thrift Country where everybody is on a savings spree, keeping more cash in their pockets as much as possible. Continue reading ‘February Posts Surprisingly Mild Gains’

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Published February 26th, 2009 by editor

Beware of real estate scams

With the financial crisis in full swing, many people are desperate to improve their financial situation. This phenomenon is sadly, being abused by several people who, despite the hardships others are suffering from capitalize on this to cheat money off of already financially struggling individuals.

The most common way is for victims to receive a message through email that they are qualified for loans, even though they have a very poor credit standing. These people desperate, more often than not, see this as a golden opportunity for them. They fill out forms online and give out sensitive information, as well as unquestioningly pay a “processing fee” to the alleged lending company. Once all is done, they never hear from the company again. The rule of thumb is that if it’s too good to be true, it probably is.

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Published January 30th, 2009 by Mickey

January Figures not So Good!

Home prices continue to drop even with real estate analysts they have hit rock bottom. This is the emerging trends with concerns to the real estate market and it’s causing more people to lose homes at the same time. The sheer magnitude and length of time it is taking the market to recover is taking it’s toll and not even the federal government’s bailout funds are making enough of a difference to most homeowners. Continue reading ‘January Figures not So Good!’

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Published January 6th, 2009 by Mickey

人は皆持ちつ持たれつ

画像提供：michaelasofia.com

この格言は不動産投資の事業に最もよく当てはまる真実です。 賢い投資家は、一人の力で目的を達成することは不可能だと信じています。 実際、投資家に求められているものはその反対のもので、最も重要な人的資産により編成された「ドリームチーム」の助けを借りて交流関係（広い人脈）を築くことが理想的とされています。 「新人」投資家が陥る最も一般的な過ちは、全てを自分自身で行おうとすることです。 確かに短期にみると、このことはお金の節約につながりますが、長期的にみると損失を出す結果となります。 専門家のチームなしでは、広く浅く行動することとなり、良い仕事の発見、評価、契約に時間がかかります。 この方法では、絶好の機会も逃しかねません。 独りよがりでは、専門家が一目で指摘できる明白な問題も通常見落としてしまいます。 自分の陣営の専門家のチームは、不動産の購買と運営の要として、隠れている「不快な予期せぬ事態」の発生の減少をもたらしてくれます。

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