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Should You Buy Real Estate Now


I have been seeing the market on fire for a long time and have started telling my friends, "don't buy now". No one can accurately determine exactly when it will happen, but it is definately on the way. The time to buy, unfortunately for the losing party, is after the crash. Housing will go down in value drastically and when this happens it has a ripple affect on other things, such as employment, consumer spending and federal obligations.

Right now the department of Federal Housing and Development is busy as bees. One reason is because President Bush was made aware of some problems in the industry, mainly with pressure being put on appraisers, by loan officers, to come in with high values and no repairs. I have personally been threatened with not getting future work. The second reason is HUD is worried. If you remember the savings and loan hearings, that is the legitimate concern again, now.

The only thing I can recommend is buying in an extremely rural location, where the supply and demand has not been established yet. That is also a good place to invest in land, which will never go down in value, provided it is problem free, environmentally and so on. Please rate and tell friends.

Suzie is a licensed real estate broker and certified residential appraiser with over twenty years of experience who hopes to improve the industry one step and one person at a time. Other professionals in the field including brokers, appraisers and educators have contributed as well. http://www.freewebs.com/realestatenews


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New York Times

What's Behind Door No. 2? Life as a Real Estate Reporter
New York Times
As a reporter for The New York Times's Real Estate section, Ms. Toy entered thousands of strangers' residences. Many homeowners prepared accordingly for the visit: Floors were mopped, throw pillows fluffed, desks straightened and toothbrushes tucked ...



Real Estate Investments Near Golden 1 Center Revitalizing Downtown Sacramento
Forbes
When the centerpiece of these real estate investments is a brand-new sports facility, teams have increasingly been shrewd to make supporting investments near their shiny new home. These additional investments, which typically can include things like ...



Crain's Detroit Business

Special report: Women in real estate | Crain's Detroit Business
Crain's Detroit Business
We spoke to 10 women real estate developers who are helping to build a future for other women in their industry.

and more »


Bangor Daily News

Developments around waterfront, downtown buoy Bangor real ...
Bangor Daily News
Vacancies around the Bangor Mall and a shortage of industrial space have dampened growth figures.. Maine news, sports, politics, election results, and obituaries from the Bangor Daily News.

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The Blast

Young Thug Says Real Estate Agent Sold Him $2.5M Money Pit
The Blast
Young Thug is claiming he shouldn't have to pay back the $2.2 million he owes on a Georgia mansion because he says the real estate developer conspired to sell him a mansion that was falling apart.

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Instone Real Estate plans Frankfurt listing
Reuters
FRANKFURT (Reuters) - Instone Real Estate Group, a German residential property developer, said it planned to list its shares on the Frankfurt Stock Exchange this year. The placement will comprise new shares from a capital increase with total gross ...

and more »


Concord Monitor

Real estate developer Duprey buys Concord Theatre
Concord Monitor
27 for $483,533 to New Concord Theatre LLC, a holding of Concord real estate developer Steve Duprey, according to the Merrimack County Registry of Deeds. The purchase wasn't a late Christmas present, but a necessary move to make the $5.2 million ...



Erie County Real Estate Transactions
Buffalo News
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Dec. 15, 2017. AKRON • 92 John St., Jph Holdings to William D. Adams; Keelin Brady, $147,000. ALDEN • 11559 Cary Road, Andrew ...



Montgomery County real estate briefs: Week of Jan. 21
Montgomery Newspapers
David J. Caracausa has been a member of the Counselors of Real Estate (CRE) since 2013. This elite group and prestigious organization consists of only just more than 1,000 members worldwide. They are recognized for their commitment to excellence ...



Gainesville Times

Frank Norton Jr.'s forecast to highlight economic, real estate trends
Gainesville Times
Gainesville Realtor Frank Norton Jr.'s annual look at economic and real estate trends is a sort of soiree mixing food, facts and fellowship. The Norton Agency's president will be back at it Tuesday evening, delivering the Native Intelligence Forecast ...


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