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RECENT BLOG POSTS
 The percentage of loans in foreclosure for Q4 also experienced a sharp decline, down to 2.27 percent – the lowest foreclosure inventory rate since the fourth quarter of 2007.  The foreclosure inventory rate for Q4 was down 12 basis points from the previous quarter and 59 basis points year-over-...
02/26/2015
Investors buying up single family homes to turn into rentals.  Big investors have had a good share of activity over the last four years.  In this period, institutional investors have bought up half a million homes in targeted markets.  While this may be a small portion of overall sales, when this...
02/23/2015
 HOW TO GET RICH IN REAL ESTATE, 1961 Kent writes about do-it-yourself investing - and in particular, investing in the older multiple type income-producing properties that can be purchased much cheaper per unit! “It is feasible, he says, for any sincere man or woman who is steadfast in purpose, a...
02/23/2015
  Construction Spending Reaches Six-Year High at End of 2014       All three sectors of construction -- commercial, public and residential -- had increased spending in December as total construction spending ended 2014 at the highest level since the Great Recession, according to U.S. Census Burea...
02/19/2015
                                                                                                                                           Low property taxes, zero income tax and less strict housing regulation has also encouraged people from neighbouring states such as California to consider relo...
02/18/2015
      “The Market Action Index (MAI) illustrates the balance between supply and demand using a statistical function of the current rate of sale versus current inventory. An MAI value greater than 30 typically indicates a “Seller’s Market” (a.k.a. “Hot Market”) because demand is high enough to qu...
02/16/2015
A survey conducted among economists by the       Federal Reserve Bank of Philadelphia on economic growth in the United States released on Friday revealed that predictions have been revised upward for the labor market – which means good news for the economy and for housing recovery. READ MORE http...
02/16/2015
The median sales price for homes in Las Vegas NV for Nov 14 to Feb 15 was $180,000. This represents an increase of 0.1%, or $100, compared to the prior quarter and an increase of 0% compared to the prior year. Sales prices have appreciated 39% over the last 5 years in Las Vegas.  Three Bedroom Ho...
02/15/2015
After suffering a setback in December, American attitudes toward the housing market recovered last month, with more consumers saying it is good time to get off the sidelines. Sixty-seven percent of American adults responding to Fannie Mae's January National Housing Survey said now is a good time ...
02/14/2015
 Homeowners can recover from foreclosure in as little as three years, but seven years is the “conservative” amount of time it takes to rebuild a credit score, according to RealtyTrac. That means many homeowners who lost their homes in 2007 should be able qualify for a new home loan this year. Mor...
02/13/2015
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