Mathew Owens's (ocgproperties) Blog

  Property valuations in many areas have likely reached or are near bottoming, becoming generally affordable again. Interest rates remain low and the economy shows continuing signs of strengthening; great indications that it’s an ideal time to invest in U.S. real estate.   Successful investing in...

  “Don’t buy a new car and then get rich. Get rich then buy a new car.”   The sentiment above is an endorsement for delaying gratification but also contains additional ideas to be considered and understood…   Speaking financially, most members of the middle and lower classes tend to operate their...

  After we earn or acquire money in some other way, three primary choices then exist regarding what can be done with it.   We may…   A)    Spend it (debt centric, negative return), typically directing it towards:   1. Expenses (food, clothes, transportation, etc.)   2. Liabilities (credit cards, ...

  Conditions now exist for near risk-free real estate investing in some areas of the United States. This has created great income opportunities for knowledgeable investors (and their clients) that perform the proper due diligence, develop a sound investment model, engage/manage the correct resour...

  A recent study conducted by the Washington Economics Group ranks Memphis, Tennessee as the No. 2 destination for millions of baby boomers looking to retire, second only to Tallahassee, Florida, which ranked No. 1. Through analysis of baby boomer trends and preferences, as well as scientific com...

  According to first quarter data for this fiscal year 2012 in the state of California, roughly 55 percent of occupied housing is owner-occupied, with the remaining 45 percent being renter-occupied. Of those who are statistically classified as owning a home, over 75 percent carry it with a mortga...

  Most financial advisors would have you believe that when planning for your retirement, the goal and the inevitable outcome is subsistence solely on the savings you have accumulated until the point of your exiting the work force. The reason they try to sell this strategy of mere sustainability is...

  Riverside and San Bernadino were recently rated as two of the most affordable regions in the state of California, undoubtedly due to their price collapses in real estate. This report came from the California Association of Realtors and actually used household income and home values as a measure...

A bit of news you may have purposefully missed: the Senate recently voted 60-38 to reinstate the elevated loan limits for Fannie Mae, Freddie Mac, and the Federal Housing Administration. With the “limit” set at $729,750, prices are sure to stay inflated in bubble states like California and New Yo...

  In early October of last year the Controller of the State of California released data showing that California fell more than $700 million short in initial budget plans for the year.  A slight miscalculation, an overly buoyant disposition, or perhaps just sheer ignorance; whatever the reason it ...