Jan
20
Outlook for Real Estate in 2011
Based on a report from DailyFinance.com the top ten growth industries for 2011 are: 1. Iron Ore Mining 2. Investment Banking and Securities 3. Multifamily Homebuilding: The report states that after revenue tumbled from $40 billion in 2006 to just $19 Billion in 2010, this industry is projected to finally see growth again in 2011. Rental income will be the key to the industry’s revival as an economic recover is expected to increase demand for properties that have rentable apartments. “The cyclical recovery of the real estate market, including improvements […]
Jan
20
A Quick look on the International Market
Australia: House prices are likely to plummet in flood-hit Queensland communities, and some will be “unsellable” for more than a decade, a real estate agent says. The news is also bad for tenants, with rents expected to soar in line with the surge in demand from displaced residents needing temporary homes. The Real Estate Institute of Queensland (REIQ) has reviewed the way the property market behaved after the devastating 1974 floods, and the news for home owners after the latest disaster is not great. “In 1974, across all of Brisbane […]
Jan
14
Protected: Weekly Real Estate Graduate Call 1-13-2011
There is no excerpt because this is a protected post.
Jan
11
Overpriced, Underpriced Housing Markets
What are the most overvalued and undervalued housing markets in the country? The Local Market Monitor recently released a list for investors analyzing buying conditions for real estate markets in the United States. Overall, Las Vegas was a city they flagged as the worst — or “frankly dangerous,” as they referred to it. They said the city is not only one of the most undervalued housing markets in the country but is also considered one of the worst housing buys. Orlando, Fla., was another city the Local Market Monitor considered […]