August 2006
Real Estate Market by Joshua Dorkin | August 31, 2006In Houston, Texas the Harris County Housing Authority has teamed up with private development companies to build 5 senior-living complexes, reports the Houston Business Journal. “‘The real story here is that the public/private model works — helping the community balance the need for both market-rate housing and affordable housing,’ says Guy Rankin, CEO and executive [...]
Read the full article → Commentary by Joshua Dorkin | August 30, 2006I found this chart at both the Northern Virginia Real Estate Guide and at HousingPanic, but felt that it was important enough that we also show it to you. Click on the image to see it LARGER: There are a few parts of the chart I find interesting. First, the run up in prices in [...]
Read the full article → Interest Rates by Joshua Dorkin | August 30, 2006Money Magazine writes about 4 renovations that kill a home’s value, listing the Swimming Pool, the Addition, Trendy Finishes, and the Jacuzzi as part of the list London is now the priciest housing market in the world, overtaking New York City, according to Reuters Demand for home purchase loans fell to the lowest level in [...]
Read the full article → Commentary by Joshua Dorkin | August 30, 2006Traditional real estate investors don’t typically look at timeshares as a good investment, but people still buy them. You can’t go to a resort area today without running into a free breakfast for listening to a brief pitch about some hotel or development. That said, Kiplinger Magazine just put out a guide for What You [...]
Read the full article → Foreclosures by Joshua Dorkin | August 29, 2006What is a Foreclosure? A foreclosure occurs when a property owner cannot make principal and/or interest payments on his/her loan, typically leading to the property being seized and sold. How does a foreclosure occur? The foreclosure process is not very difficult to understand. There are several stages during which the homeowner has an opportunity to [...]
Read the full article → Real Estate Tips by Joshua Dorkin | August 29, 2006HouseValues announced the launch of a new podcast today, known as the “Daily Motivator”. This 2-3 minute audio piece will be designed to help real estate professionals by producing segments including: motivational info, success tips and stories, marketing help, etc. According to the press release, examples of tips include: – How One Agent Turned $1.50 [...]
Read the full article → Real Estate Investing by Joshua Dorkin | August 28, 2006The good people at Gallup have posted the results of their UBS/Gallup Index of Investor Optimism poll, which shows that “investors are worried that the real estate markets are continuing to deteriorate. The new poll also shows that investor optimism continued its steady seven month decline, reaching a new low point for the year in [...]
Read the full article → Cool Stuff by Joshua Dorkin | August 28, 2006Once again, the Carnival of Real Estate is here. Our Top 35 Real Estate Blogs post made it into this week’s edition. Check it out at TheLandlordBlog.com
Read the full article → Commentary by Joshua Dorkin | August 27, 2006After a long day of rest, I’ve emerged from my sports cocoon to bring you my Sunday wrap up. I’d like to first congratulate Tiger Woods for his 4th straight tournament win, and I want to wish Andre Agassi good luck in the final tournament of his career. Ok . . . back to real [...]
Read the full article → Real Estate Investing by Joshua Dorkin | August 26, 2006Dewita over at Urban Trekker covered Seven Ways to Accumulate a Down Payment earlier this week. Her list included: 1. Have your parents give you the money as a gift. 2. Borrow against your 401K or insurance policy. 3. Sell or borrow against an asset. 4. Obtain low point or zero point loan. 5. Ask [...]
Read the full article → Blogs by Joshua Dorkin | August 26, 2006Keith at Housing Panic posted his Stupid Question of the Day, that I had to share with all of our readers. Crack dealers make money regardless of your personal well being. Arms dealers happily sell arms to both sides of the conflict. So, is the NAR now changing their tune because their den of thieves [...]
Read the full article → Real Estate Market by Joshua Dorkin | August 25, 2006Andy Beal over at WebProNews points to a chart that the Bill Tancer at HitWise constructed that predicts an announcement that existing home sales dropped in July by the National Association of Realtors. Tancer “superimposed the monthly data from the NAR on a Hitwise search term volume chart for the search query “homes for sale.”” [...]
Read the full article → Real Estate Resources by Joshua Dorkin | August 25, 2006Shaun gives us another update about his dealings with Prosper.com, and expresses his disappointment with the lending website. I’ve noticed now that they have added a new feature called “Community Payment” which I’m not sure I like. The concept is simple: if a member of a group is behind on payments, other group members can [...]
Read the full article → Real Estate Tips by Joshua Dorkin | August 25, 2006The CBS Early Show interviewed Wall Street Journal reporter June Fletcher, who covered four helpful ideas for selling your home. 1. SET YOUR PRICE REALISTICALLY “Look at what other similar houses in the neighborhood are selling for and then set your price at 10 percent under the market. . . This is a counterintuitive move,” [...]
Read the full article → Blogs by Joshua Dorkin | August 25, 2006The Original Top 35 Real Estate Blogs list was compiled in August 2006, and has generated almost 100,000 views since then (as of 5/9/2012). This post has been enormously popular, but as you’ll see below, time has not been kind to the real estate blogging space. Many of the early (and in my opinion, best) [...]
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Irrational Exuberance, the Real Estate Bubble and the Weakening of the US Economy
by Joshua Dorkin | August 30, 2006I found this chart at both the Northern Virginia Real Estate Guide and at HousingPanic, but felt that it was important enough that we also show it to you. Click on the image to see it LARGER: There are a few parts of the chart I find interesting. First, the run up in prices in [...]