One Chart Says It All
Friday, March 23
One chart sums up the Housing Market. Not pretty but, what we have to live with. Chart courtesy; calculatedrisk.com. Left axis= existing home sales Right axis= new home sales
Are There Storm Clouds in the Bond Market?
Wednesday, March 14
You may not follow the Treasury Bond Market. It would behoove any Investor to watch the 10yr Treasury for the rest of 2012 (it's closely tied to mortgage rates). Currently, the Bond Market is in the midst of a sell off. That pushes bond yields higher. Right now the yield on the 10yr T is just bel...
Average Cap Rates for Q4 2011
Wednesday, February 15
PricewaterhouseCoopers publishes a national survey of average cap rates. This latest survey shows Cap rats well below 10% for net leased (NNN Leases) buildings and apartments. Here's the link: http://www.creconsole.com/blog/2012/01/pwc-real-estate-investor-survey-q4-2011/
The Worst Agent Call in 30 Years. No Wonder Agents Get In Trouble.
Thursday, February 09
Let me first give you some background. I have a Residential Listing that the seller is willing to finance. Now, I’m in Texas. We are required to use a Seller Financing Addendum to the Purchase Contract. In essence, the Seller must determine that the Buyer can demonstrate the ability to repay the ...
Freebies
Tuesday, November 29
I ran across a couple of good reminder applications. Best of all they are FREE. You don’t have to worry about missed important dates or meetings again. You have a choice of receiving an email with one application or a text message with the other. For Email Reminder For Text Reminder Den...
Would this Work?
Monday, November 28
Last week, Morgan Stanley announced they had transferred $820 million of loans to Blackstone ( Private Equity Firm). Note I wrote transferred not sold. These loans are for distressed office buildings across the country. Many of the loans come due before the end of the year. Blackstone is negotiat...