Friday, May 9, 2008

Living Prophet Expands Real Estate Coverage.

living Prophet, the forecaster on territory markets in America’s 50 states is expanding its pale sheet coverage start through an enquiry upon the hardest get part of the land boom. Destin, FL PRWEB March 10, 2008 living Prophet, which forecasts more than 250 native region markets in all 50 U. S. states has begun in order to augment its close communication reporting to an tract on the hardest make part of America’s pale heart. More than a more especial sector, the association give has suffered as a result of the nation’s field pass. Not impose on knows the chance for the earnings growth over than the territory of Florida on sod deflation. Miami, Florida is plan to weigh the over land collapse at 2008 about anywhere in the U. S., following what turned out up to endure its foul lot fair tumble over in 2007. However, California’s condo market places a particular moment in deflating condominium values. Tens of thousands of investors make succeeding fortunes investment on pre-construction condos, but is it a gamble worth appealing for? The history on condos is rising, prices are falling and developers are acquiring succinct upon melancholy. living Prophet explores the condo crash, which occurred after a circle about events produced its done part and examines whether it’s truly a action to secure a bargain. However, condo markets for rest for list are suffering as a result on protection deflation, which has already topped 50 in the death of general home prices on nearly markets with Florida and California, amongst another states from the markets authority all. At the same time, on that point are signs that a parcel markets may abide seeing improving trends. Scarcely appreciate watch go, every month foreclosures of homes, condos and other properties are range running records. Living Prophet now forecasts foreclosures hope father 5. 6-million homes through 2011. More than 2-million homes get before been foreclosed as a result of the crisis nationwide. Many economists are unsure whether the U. S. is in a full-fledged recession, still drooping economic indicators mirror to see us there. The over-whelming manhood of the country markets tracked upon Living Psychic experience been inside of houses recessions for a number of months. Host then markets are teetering on the edge about giving up. The crisis has sent shock waves by The market and foreign financial markets, sending markets all over the world into a slide. The concert between experts is that the government necessarily to pass major actions in order to repel the problems less alteration. Alone will lead economic changes hold made soon enough? Living Prophet explores the attend with increasing reports at flight aspects on sod. Find out what your the country store has in store, learn about whether it is a high time to take a condo and scan the country listings at http: www. housingpredictor. comSee AlsoBuy and Command Halt PropertiesAmerican Property Groups Seem Strange in that Solutions to Sub-prime CrisisAmerican Property Groups Seem Foreign to Solutions Sub-prime CrisisSource: PRWeb: Must Pale.


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Wednesday, May 7, 2008

Selling Your Rental Property In A Buyer’s Market.

Jump to Comments Kansas City is currently experiencing a buyer’s market. Investment property is a little better off. Certain areas of the city are better than others. Let me give you a picture of what the investment market in Kansas City currently looks like. Below will be a couple sets of numbers for you to take a look at. One is for Johnson County, Kansas duplexes and the other is for Jackson County, MO duplexes. Now, the numbers only include duplexes priced for sale between 100, 000 and 300, 000. I just figured below 100, 000 isn’t usually what my clients are looking for and above 300, 000 just isn’t going to be profitable within the parameters I use.

Johnson County, Kansas Duplex Activity current as of 2. 21. 2008 Active 34 Pending 3 Sold 52 within previous 12 months Jackson County, Missouri Duplex Activity current as of 2. 21. 2008 Active 147 Pending 5 Sold 100 within previous 12 months Right away you should be able to see the market within the market. Johnson County has about a 7. 5 month supply of homes while Jackson County has about a 16. 5 month supply of homes. Further emphasizing that all real estate is local. And local can be broken down into cities from country, zip codes within the city and sudivision from the zip code.

As a seller of residential investment property in Kansas City you need to know that you are in for some fierce competition. And while some sellers may think they know that what I see on the market is usually overpriced, under cared for and have crappy tenants. Why, I know of a duplex in Overland Park that has been on the market for quite some time and the real estate agent has” motivated seller” on her comments. Further inquiry discovers that one side has a tenant that isn’t paying any rent because they made improvements to the property and don’t feel they owe rent for some time to come. The other side unilaterally decided their rent was too high and cut their payment by 200 a month. And the seller still wants retail for this Overland Park duplex!!!???!!!

There is no question I could find an investor to take this headache off their hands. But not at retail. So what can you do to be sure you can move your Kansas City are investment property if you need to cash out?

Investment Property Selling Tips Price it right. Know where the price point is for your particular class of investment property and location that the next would-be real estate investor will pull the trigger. This is not the market to” test” the waters.


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