Wednesday, July 17, 2013

How Big Investors are Changing the Housing Market

How Big Investors are Changing the Housing Market

In recent months we’ve seen an increase in housing prices and home sales, but what or whom is responsible for this growth? Well if you’re looking to sell a home, you can thank the mega-investment firms on Wall Street.  
Over the past year, large investors have been spending billions of dollars buying houses in some of the worst real estate markets in the US…





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·       Sell your Home at  theHighest Possible Price”.
·       Increase the chances of getting  More Offers”.
·       Use my Team forFREE Short Sale Services.
·       Pay Less  when you buy from a Home Builder.  

   FrankMHow Big Investors are Changing the Housing Marketoham@gmail.com

How Big Investors are Changing the Housing Market.
The decision to pursue homeownership may be based on many factors: everything from a friend’s decision to purchase a home or a family member’s advice against “throwing your money away on rent” to your bad experience with a landlord or the noisy neighbors sharing your wall. While all of those scenarios (minus peer pressure, of course) may inspire valid arguments for considering the purchase of a home, how do you determine if you’re genuinely ready to join the ranks of homeowners? After all, buying a home is a massive decision and includes multiple, long-term financial and lifestyle obligations. The average person spends around 1/3 of their income on their home. You’ll still need to do the work to make sure your personal finances and holistic life picture are also in alignment before you buy, as well of the work it takes to ensure that your real estate and mortgage decisions are sustainable and smart, over the long-term. A good Buyer’s Agent is invaluable to a Buyer, and can be the difference between a wonderful transaction, and a nightmare.

Tuesday, July 16, 2013

Buying beats renting in 64 percent of metros after three years - Interactive Tool

Buying beats renting in 64 percent of metros after three years - Interactive Tool
Zillow
Buying a home is more affordable than renting in nearly two-thirds of metros after three years of paying for a mortgage. For its calculation, Zillow considered costs associated with buying and renting, such as upfront payments, closing costs, insurance, utilities, and maintenance. In several ZIP codes, the breakeven horizon was as low as 1 year, including areas within Dallas, Philadelphia, Detroit, Riverside, St. Louis, and Tampa.  The decision to buy or rent should always take into account a number of factors, one of which is how long a buyer or renter plans to stay in a property…



Interactive Tool to find the specific breakeven horizon in one’s city 


Check:
·       Sell your Home at  theHighest Possible Price”.
·       Increase the chances of getting  More Offers”.
·       Use my Team forFREE Short Sale Services.
·       Pay Less  when you buy from a Home Builder. 
 
The decision to pursue homeownership may be based on many factors: everything from a friend’s decision to purchase a home or a family member’s advice against “throwing your money away on rent” to your bad experience with a landlord or the noisy neighbors sharing your wall. While all of those scenarios (minus peer pressure, of course) may inspire valid arguments for considering the purchase of a home, how do you determine if you’re genuinely ready to join the ranks of homeowners? After all, buying a home is a massive decision and includes multiple, long-term financial and lifestyle obligations. The average person spends around 1/3 of their income on their home.You’ll still need to do the work to make sure your personal finances and holistic life picture are also in alignment before you buy, as well of the work it takes to ensure that your real estate and mortgage decisions are sustainable and smart, over the long-term. A good Buyer’s Agent is invaluable to a Buyer, and can be the difference between a wonderful transaction, and a nightmare.

Buying beats renting in 64 percent of metros after three years - Interactive Tool

Monday, June 17, 2013

Beverly Hills Real Estate and Homes for Sale $1 Mil+ May 2013

Beverly Hills Real Estate and Homes for Sale $1 Mil+ May 2013. (edit/delete)

Beverly Hills Real Estate and Homes for Sale  $1 Mil+  May 2013.

The statistical information for the City of “Beverly Hills, California” for Single Family Residential (SFR) Detached homes is extracted using CRMLS.

Month’s Supply of Inventory (MSI)- Thischart showsthe time, in months, that it would take to “sell” the remaining inventory for the month in question. This metric is a “one number summary” of how market supply and demand are changing from month to month. (0-3 months– indicate that supply & demand are converging, 4-6 months – indicate that S&D are in balance, 7+ monthsindicate that S&D are diverging). This month shows a slight increase compared to the last month.

Sales $ Volume- Thischart showsthe spending trend of the buyers in the market and can be used as one of the indicators to show how the buyers see the market. This month shows an increase compared to the last month.

 

 

Check:
·       Sell your Home at  the  Highest Possible Price”.
·       Increase the chances of getting  “More Offers”.
·       Use my Team forFREE Short  Sale Services.
·       Pay Less  when you buy from a Home Builder.








Thursday, January 17, 2013

If you don’t own a home, buy one; if you own one home, buy another; and …

If you don’t own a home, buy one; if you own one home, buy another; and …
Multibillionaire hedge fund operator John Paulson says now is the time to invest, stating:
“If you don’t own a home, buy one; if you own one home, buy another; and if you own two homes, buy a third and lend your relatives the money to buy a home.  Your debt and interest payments get locked in at record lows, while the price of your home is still safe."
Paulson is not alone in his belief that now is a good time to buy. A recent study by several universities, found that today's "hurdle rate," or the point at which it's equally smart to rent or buy if your only criterion is to build wealth, also suggests that it is a better time to buy. In "Study Calls Today's Market Good Time to Buy," an article found in REALTOR® magazine, Robert Freedman, NAR's manager of multimedia communications, notes the following:
"The hurdle rate is the point of equilibrium between renting and buying where it’s a wash in terms of wealth building. If today’s hurdle rate is lower than the average past property appreciation rate for a particular market, then it makes sense to buy, because future property appreciation should be such that an individual will, on average, create more wealth through owning rather than renting. On the other hand, if today’s hurdle rate is higher than the average past property appreciation for a particular market, then this is a sign that ownership can be a drag on wealth creation."

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http://www.FrankMoham.com/








 
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  • How to increase the chances of getting  “More Offers”.
  • How you canPay Less  when you buy from a Home Builder.

Friday, January 11, 2013

Laguna Beach Real Estate and Homes Over the Million $ Range - 01/2013

Laguna Beach Real Estate and Homes Over the Million $ Range - 01/2013  

The statistical information for the City of “Laguna Beach, California

for Single Family Residential (SFR) Detached homes is extracted using CRMLS on Jan. 2013.  It includes four sections:  “Active”  (Seller has accepted no offers at this time. This metric provides useful insight into the overall supply of properties);  “Backup Offers” (Seller has accepted an offer but is still soliciting more offers through the MLS);  “Pending Sales”(Buyer and seller have successfully negotiated a purchase contract and have opened escrow. The property is not on the market at this time. This metric is a direct measure of current sales activity and a leading indicator of market demand); and  “Summary” which reflects the information for all the previous mentioned sections combined.

 

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http://www.FrankMoham.com/

 

 

 

 

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·       My Strategy that Sells your Home at  Highest Possible Price”.
·       My No Extra Charge  Short Sale Services”.
·       My  Special Saving  for Qualified Buyers of New Homes.


Thursday, January 10, 2013

Real Estate Gucci Style!

Real Estate Gucci Style!
Despite the ups and downs of Real Estate in recent years, even if we do not take into account the obvious benefits (other than financial) of property and home ownership, buying real estate might still be considered one of the best choices for investing your money. As an example we can look at the Patricia Gucci’s (grand daughter of Guccio Gucci, founder of the Italian fashion giant) estate in Mountain Center of the Riverside county in California. This compound that sits on about 23 Acres with views of Coachella Valley and Joshua Tree National Park was purchased, according to public records, for $950,000 in 1993 and now is valued and it is for sale for $9 Million dollars. I suppose, besides giving pleasure to the owner during these years, with about 1000% increase in value it has been a good return on her investment! What do you think?












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