Foreclosures Now are Just ‘Tip of the Iceberg’

Foreclosures Now are Just ‘Tip of the Iceberg’ March 1, 2010, Orange County Register Despite some reports that suggest the housing crisis may be hitting bottom, foreclosures so far represent the “tip of the iceberg,” real estate…(read more)

Source: Foreclosures Now are Just ‘Tip of the Iceberg’

Housing Shortage Looms

Last week’s new home sales data for January produced a new seasonal adjusted annual rate (SAAR) at a record low of 309,000 units.  This is a big drop from December’s 348,000 sales (SAAR).  Although builders’ confidence is improving, the numbers have yet to show a turnaround in new construction.  While this is accelerating the natural [...]

This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.

Housing Shortage Looms

Source: Housing Shortage Looms

Finding upcoming auctions on RealtyTrac

1. Search any county, city or zip code nationwide. 2. Click the Modify Your Search option. 3. Select "Auction Date" in the Sort & Display dropdown. 4. Enter a date range starting today or in the future (make sure to enter the correct year…(read more)

Source: Finding upcoming auctions on RealtyTrac

A Real Estate Oasis in the Desert Dries Up

Here’s a great idea – let’s buy a huge parcel of land in the middle of the Mojave Desert.  Are you with me so far?  Then we’ll dig a really, really big hole and fill it with water.  Seriously, stay with me here.  Next we’ll put in not one, but three super high-end golf courses.  [...]

This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.

A Real Estate Oasis in the Desert Dries Up

Source: A Real Estate Oasis in the Desert Dries Up

As Foreclosures Continue …

President Obama’s plan to prevent foreclosures in five states hard hit by the housing bust must be carried out quickly and should set the pace for a national program.

Source: As Foreclosures Continue …

Is Cash (Flow) Always King? Why Cash Flow Can Pose A Trap for the Unwary.

You’ve heard it a million times by now, from hundreds of real estate investing gurus, from the ones who advertise on late night TV and flaunt wads of cash on their yachts, to perfectly respectable ones. Show me the money—does the property cash flow?
Look, I’m not going to lie – I like cash [...]

This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.

Is Cash (Flow) Always King? Why Cash Flow Can Pose A Trap for the Unwary.

Source: Is Cash (Flow) Always King? Why Cash Flow Can Pose A Trap for the Unwary.