Comments on: Real Estate Lessons Learned Or Lost? http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/ Learn, Network, Invest Wed, 08 Oct 2008 00:30:29 +0000 http://wordpress.org/?v=2.6.1 By: apply for bad credit student loans http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56774 apply for bad credit student loans Tue, 13 May 2008 01:11:38 +0000 http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56774 <strong>apply for bad credit student loans</strong> In the last week, I have been focusing on settling a number of matters before I go east for a few days for the Horatio Alger ceremony. I’ ve been working on my speech, which will contain lessons learned during my lifetime and which are important for ... apply for bad credit student loans

In the last week, I have been focusing on settling a number of matters before I go east for a few days for the Horatio Alger ceremony. I’ ve been working on my speech, which will contain lessons learned during my lifetime and which are important for …

]]> By: wardrobes http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56717 wardrobes Sat, 10 May 2008 10:56:21 +0000 http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56717 To the rest though, it is good to make an informed decision based on local information. To the rest though, it is good to make an informed decision based on local information.

]]> By: Wholesale Womens Clothing jewelry http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56716 Wholesale Womens Clothing jewelry Sat, 10 May 2008 10:44:31 +0000 http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56716 I believe that Vegas will rebound fairly well since we are still experiencing strong population growth with many jobs being created in the next two years. Rents are rising and the demand for rental housing is increasing since people are unable to buy homes as easily as they once did. I believe that Vegas will rebound fairly well since we are still experiencing strong population growth with many jobs being created in the next two years. Rents are rising and the demand for rental housing is increasing since people are unable to buy homes as easily as they once did.

]]> By: Nadine http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56671 Nadine Fri, 09 May 2008 05:36:33 +0000 http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56671 For every business there is always time of good and bad...Also, for property industry, I'm very sure that everything will be back to normal on its time. For every business there is always time of good and bad…Also, for property industry, I’m very sure that everything will be back to normal on its time.

]]> By: Rebecca Levinson http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56665 Rebecca Levinson Thu, 08 May 2008 19:12:33 +0000 http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56665 We are seeing good business come to our agents in Las Vegas. They have been reporting on the downturn in Las Vegas for awhile now, but there are opportunities in every downturn, and people still like to live and play in Vegas. To the rest though, it is good to make an informed decision based on local information. We are seeing good business come to our agents in Las Vegas. They have been reporting on the downturn in Las Vegas for awhile now, but there are opportunities in every downturn, and people still like to live and play in Vegas.

To the rest though, it is good to make an informed decision based on local information.

]]> By: Mark McGlothlin http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56652 Mark McGlothlin Wed, 07 May 2008 21:29:03 +0000 http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56652 Nice article, and perhaps the money quote is the final paragraph. It's imperative that investors truly do keep their eyes open to what's happening in a market, Vegas being a great example. Respecting what Rehab702 has posted, the PMI Group's Market Risk Index for Vegas is 91.9, measures of affordability are very poor for single family in the market relative to median income measures, unemployment has crept up to 5.6%, and annualized nonfarm employment growth in the MSA has gone negative (-0.3% March 08). Based on that data, I'd agree with Charles that things look pretty sober in Vegas (no pun intended) right now, and recovery isn't going to happen overnight. Understanding what's happening in your market(s) of interest is truly an essential these days. Nice article, and perhaps the money quote is the final paragraph.

It’s imperative that investors truly do keep their eyes open to what’s happening in a market, Vegas being a great example. Respecting what Rehab702 has posted, the PMI Group’s Market Risk Index for Vegas is 91.9, measures of affordability are very poor for single family in the market relative to median income measures, unemployment has crept up to 5.6%, and annualized nonfarm employment growth in the MSA has gone negative (-0.3% March 08). Based on that data, I’d agree with Charles that things look pretty sober in Vegas (no pun intended) right now, and recovery isn’t going to happen overnight.

Understanding what’s happening in your market(s) of interest is truly an essential these days.

]]> By: Rehab702 http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56647 Rehab702 Wed, 07 May 2008 17:01:05 +0000 http://www.biggerpockets.com/renewsblog/2008/05/07/real-estate-lessons-learned-or-lost/#comment-56647 Just a comment on Las Vegas. Year over year home sales were up for the fourth consecutive month and inventory is holding steady. Considering the number of foreclosures, in is good to see that the inventory numbers aren’t increasing. The real estate agents that I know tell me that they are busier than they have been at any time since the market imploded. I believe that Vegas will rebound fairly well since we are still experiencing strong population growth with many jobs being created in the next two years. Rents are rising and the demand for rental housing is increasing since people are unable to buy homes as easily as they once did. Just a comment on Las Vegas. Year over year home sales were up for the fourth consecutive month and inventory is holding steady. Considering the number of foreclosures, in is good to see that the inventory numbers aren’t increasing. The real estate agents that I know tell me that they are busier than they have been at any time since the market imploded. I believe that Vegas will rebound fairly well since we are still experiencing strong population growth with many jobs being created in the next two years. Rents are rising and the demand for rental housing is increasing since people are unable to buy homes as easily as they once did.

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