Category: Real Estate

source: money.cnn.com

By Stephen Gandel, MONEY Magazine senior writer
May 25, 2006: 10:02 AM EDT
NEW YORK (MONEY Magazine) – Home sales are slowing. Condo prices are slipping. Sellers can’t get their asking prices.

And even real estate bulls are now waving the caution flag.

If you’re expecting a short-term gain, “you should be looking elsewhere,” says Christopher Mayer, a Columbia University economics professor who not long ago argued that land shortages and rising populations would translate into ever-rising prices in “superstar” cities like New York and San Francisco.

Clearly, it’s time for a re-think, whether you’re mulling over buying, selling, refinancing or remodeling a home or investment property. Or if you’re just wondering, Is our house still worth what we think it is?

The short answer: It depends on where you live. If you reside in one of the past decade’s boom markets along the coasts or in the Southwest, brace yourself. Prices there were powered by two kinds of fuel: low interest rates and the willingness of buyers to pay up for the American dream. Continue reading “Can you still get rich in real estate?”

The basic premise of investing is the same across asset classes.  The objective is to buy low and sell high.  Astute investors study their respective markets and patiently wait for a buying opportunity.  Most under appreciate the waiting game, but it is critical to your sucess.  During the waiting process investors don’t simply passively wait, but it is the time of active cash accumulation.  I personally believe for real estate investors we are in the wait and accumulate phase.

The article below supports my thesis and discusses an overlooked area for cash accumulation.

Continue reading “There will be real estate bargains galore in the next few years”

There are boom and bust cycles in every industry.  In retrospect, we know exactly where the peaks and valleys occurred.  However, during the cycle we can only guess.  As investors, we need to be prepared to profit during each phase of the cycle.  I recently read an interesting article on “How to survive a slow market.”  He has some good advice for buyers as well as sellers. Continue reading “Real Estate: Boom or Bust?”