The question of weather the housing market has hit bottom is now being answered by Moody’s Economy.com and the answer is yes and no. In classical economist form, Moody’s gives us a run down on the ups and downs of the national housing market, which is summarized below.
Home sales have hit bottom and are increasing.
Single [...]
It’s a great time to invest in the Fort Worth/Arlington area. As housing prices are currently undervalued, but are expected to climb soon. According to a report by Moody’s Economy.com Housing prices in the Fort Worth/Arlington area are undervalued. Moddy’s evaluation is based on price-to-income ratio, which fell from 3.95 in the forth quarter of [...]
This is a 3 part article on the stages of buying foreclosures. There are 3 stages to buying pre-foreclosures. These three stages, analyzing, hunting and convincing, are accomplished for the purpose of achieving one goal. That goal is to find an owner with sufficient equity, who is willing to sell his property before the auction [...]
The tricky part about auctions is analyzing all of the property values and looking at the properties before hand. The earlier you can get the list of properties to be auctioned the better off you will be. In Texas, you need a local company. The national companies update their systems too slowly for Texas’s 3 [...]
We’ve all been guilty of it. We see a property and start calculating how much we can make on it. Then we use optimistic figures for the sales price or the rent. There is a lot of interpretation in analyzing comparable sales. Choose the ones that are in the mid-range. High sales are usually due [...]