As a member of our Investor Network, you know that I am a big fan of Robert Kiyosaki’s message and mission. Robert is the best selling financial author in the history of the world. And now he’s released what he claims to be “the most important book I’ve ever written.“ The world’s educational system...
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CoreLogic today released its March CoreLogic HPI report. Home prices nationwide, including distressed sales, increased 10.5% on a year-over-year basis in March 2013 compared to March 2012. This change represents the biggest year-over-year increase since March 2006 and the 13th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales,...
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Long-term mortgage rates continued to move lower this week, with a 15-year fixed-rate mortgage falling to a record low for the second consecutive week. The weekly rate report from Freddie Mac says 30-year fixed-rate mortgages averaged 3.35 percent in the week ending May 2, down from 3.4 percent last week. The average rate on...
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People were on the move in 2012 and apparently the most popular place for them to move to was Pittsburgh, PA., according to the 2012 Top US Growth Cities Report recently released by U-Haul International. The Steel City topped the list of 30 metro areas selected with a 9.04% population growth, based on data...
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Hundreds of thousands of homes in the US are now labeled as “zombie” foreclosures. That’s when the owner of a foreclosed home leaves only to find out years later that he or she still legally owns the home and is on the hook for property taxes and other fees. Such cases occur in more...
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The first quarter of 2013 is almost over and so far, a few trends have emerged in real estate. These trends are not set in stone, nor can we be sure that they will continue on the same trajectories throughout the rest of the year. As with any other major part of the economy,...
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As we all know, America’s housing market has been in a slump for many years. Years of negative news made home buyers and real estate investors nervous about the future of the U.S. housing market. However, the following infographic should bring optimism back to most people. This infographic reports the opinions of real estate...
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For a good number of real estate professionals, 2012 wasn’t a great year. We were still on a downward spiral towards the bottom of the real estate market. This wasn’t exciting news for real estate investors looking to make profitable deals investing in real estate. But as we move deeper into 2013, it’s becoming...
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The budget shenanigans in Washington so far haven’t had an effect on the recovery, but an extended period of lower government spending and job cuts will quickly lead to economic stagnation. The economy is a self-reinforcing mechanism, a small dip in growth will be followed by further declines, even if the first dip was...
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Well, well, well… what an interesting year 2013 is shaping up to be! The U.S. is still, at least according to the U.S., the world’s largest economy. Super! Of course, U.S. gross national production includes the value of goods and services Americans produce regardless of their location – even overseas! But where do those...
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