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Las Vegas Real Estate Market Report: 1/2/08
2008-01-05 00:00:00
Las Vegas Real Estate Market Report: 1/2/08 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
More About: Las Vegas , Real Estate Market

Las Vegas Real Estate Market Report: 12/26/07
2007-12-28 00:00:00
Las Vegas Real Estate Market Report: 12/26/07 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
More About: Las Vegas , Real Estate Market

Charlotte gets a nice Christmas Present, One of ONLY Three Places in the EN
2007-12-28 00:00:00
Here is the article that was just printed today: December 26th about Charlotte : Charlotte is one of just three places where home values are up BY STEPHEN BERNARD AP Business Writer NEW YORK --There are only three places in the country where homes prices are rising - and Charlotte, N.C., is at the top of that very short list. Along with Charlotte, Portland, Ore. and Seattle posted year-over-year home price appreciation in October, with Charlotte posting the largest gains at 4.3 percent, according to the Standard & Poors/Case-Shiller home price index released Wednesday. The index found that nationwide, U.S. home prices fell in October for the 10th consecutive month, posting their big
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Commerical Starting To Boom at the Beach and Airport Update
2007-12-28 00:00:00
Over 75 Retailers have been announced at Pier Park.
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Las Vegas Real Estate Market Report: 12/19/07
2007-12-21 00:00:00
Las Vegas Real Estate Market Report: 12/19/07 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
More About: Las Vegas , Real Estate Market

In the midst of a Buyers' Market - Dallas-Fort Worth
2007-12-21 00:00:00
Our pricing and supply of homes on the market follows a cycle just like most markets throughout the U.S. In the late fall and prior to the Spring, sellers are inclined to concede much more to get their homes sold. This is a ripe time for investors to acquire properties with year-on-year equity. Here is the article from the Dallas Morning News. Along with colored lights and Christmas trees, a sure sign of the holidays are the "New Price" signs decorating thousands of neighborhood lawns. After putting houses on the market in the summer and getting no takers, many sellers are trimming costs in hopes of landing a winter sale. MICHAEL HOGUE/DMN This year, theres a new dy
More About: Market , Fort Worth , Worth , Buyers

AZ: Pinal County land
2007-12-21 00:00:00
Many Arizona real estate investors who jumped into the market in 2005-6 ended up buying in Pinal County . Now, the City of Maricopa is NOT in Maricopa County but in Pinal County and even in this new city, which is somewhat remote by AZ standards, there were lotteries and waiting lists. Well, things wont always be this bad and the AZ market, although certainly facing some daunting challenges, is projected to rebound albeit slowly and steadily. People like Arizona- it is close to CA, it is relatively inexpensive, and although VERY HOT for 3-4 months, there is always air conditioning...and whats a little heat when compared to earthquakes, floods, tornadoes, snow, etc.?! Well, Im hardly
More About: Land

Bayside Park Mississippi Update
2007-12-21 00:00:00
Update: Several new events have transpired in the Bayside Park Project. The Brand New Gulf View School at the south end of Bayside Park is now under construction. The fact that the county is building the school in Bayside Park is testimony to the fact that the area is "high and dry" and not in a flood zone. The location will reduce insurance costs for the county (and the Gulf Stream homes investor) The entry way monument on the US 90 Entrance that Gulf Stream is building for the Bayside Park development is now out of permitting and ground breaking will occur the Week of December 17, 2007. The appraisals for the homes that are in underwriting came in this week at $152,000! In the
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Can Both Sides Be Bad?
2007-12-21 00:00:00
Can both sides be bad? What to say about the Vegas market that you don?t already know? We are in a downward pricing trend, but I bet you already knew that. Buyer confidence seems to be a thing of the past, I bet you already knew that too. Sellers are desperate to move their properties, ditto. Banks are getting properties back by the day?.. sounds pretty grim. All of this is true, but let me pose a question: How can the market be bad for both sides of a transaction? Doesn?t it stand to reason that if the sellers are giving away the store, then the buyers are getting more than they have in a long, long time? I believe this to be true. The problem then lies with the con
More About: Sides

Christmas in San Antonio
2007-12-15 00:00:00
It has been warm, rainy, and muggy in San Antonio the last few days, but blue skies and sunshine will return soon. Winter in San Antonio is great, since bad weather never sticks around for more than a couple of days before the sun comes out again. I have spent many a Christmas Day at a barbecue or picnic. As far as investment real estate is concerned, the holidays are traditionally slow, a good time for bargain hunting. There are a lot of properties on the market. Those in good condition, or well-priced, and/or with good flip potential are selling. The panic has subsided and even though there are a lot of lender-owned and HUD homes on the market, their prices havent been slashed. Sel

Real estate, Mortgages, & a VERY long article!
2007-12-15 00:00:00
I like to keep my eyes and ears open for my Arizona real estate investors and I recently read this article about the current mortgage situation. But it will obviously be interesting for anyone interested in real estate, whether they own only their own home or are thinking of becoming a real estate investor. Ive also put the link to it at the bottom of the page if you want to take a shortcut! Market Watch- Dow Jones "Straight Talk on the Mortgage Mess from an Insider" December 6th, 2007 "Even before this mortgage mess started, one person who kept emailing me over and over saying that this is going to get real bad. He kept saying this was beyond sub-prime, beyond low FIC
More About: Estate , Real Estate , Article , Mortgages , Real

Las Vegas Real Estate Market Report: 12/12/07
2007-12-15 00:00:00
Las Vegas Real Estate Market Report: 12/12/07 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
More About: Las Vegas , Real Estate Market

TECHNOLOGY COMPANY MOVES ITS HEADQUARTERS TO DOWNTOWN RALEIGH
2007-12-15 00:00:00
Optimal Technologies US Inc. is moving its headquarters from Calgary, Alberta, Canada to downtown Raleigh in the next 30 days. They chose Raleigh after considering other locations including Austin, Texas and the Silicon Valley in California. According to Lynette McInnes, Optimal?s Vice President of Marketing, ?The talent pool was probably the biggest driver? in their decision to move to Raleigh. Optimal Technologies is a software and technology provider for electric utilities. The company is expected to employ at least 325 people in its Raleigh headquarters and may eventually employ 500. They are currently recruiting to hire programmers, engineers, designers and marketers.
More About: Technology , Company , Downtown , Headquarters

The 5 Periods in a Nevada Foreclosure (and interesting steps banks are doin
2007-12-15 00:00:00
5 Steps in Nevada Foreclosure : What every real estate investor should know! Period 1: The period between the time the Trustors defaulted on the debt obligation and the recordation and mailing of the Notice of Default. Bankruptcy Filed: The Notice of Default cannot be recorded during this time period. Period 2: Commonly referred to as the "Reinstatement Period" which consists of the time the Notice of Default is mailed and recorded and the next 35 days. During this time the trustor has the right to reinstate the loan. During this time period, a junior lien holder has a right to cure the default. Bankruptcy Filed: The bankruptcy automatically extends the reinstatement
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Austin Texas Real Estate update: Job Growth Strong in Central Texas
2007-12-15 00:00:00
The Austin /Round Rock area added 2,600 new jobs in October, according to the latest figures from the Texas Workforce Commission. Unemployment in the region stands at 3.3 percent, still below the statewide rate of 3.9 percent and the national rate of 4.4 percent. The total number of nonagricultural jobs in the area hit 757,400 in October, up 3.1 percent from October 2006. The largest year-over-year gains were in other services (7.8 percent), leisure and hospitality (5.4 percent) and mining and construction ( 4.8 percent). Employers added 24,200 jobs in October and about 206,400 in the last 12 months. The Texas job growth rate is holding steady at 2 percent. (Austin Business Journal
More About: Estate , Real Estate , Growth , Update

The Twilight Zone.
2007-12-15 00:00:00
Here is an episode from the Twilight Zone , just for fun. Imagine, if you will, a person selling a car. They wont tell you what price they will accept. They wont tell you how many miles are on the car, or what condition it is in. They wont tell you if the engine works. In fact, they have drained all of the anti-freeze out of the car and wont let you start it or put anti-freeze in it. In fact, the purchase of the car is as-is. They wont clean the car. It smells like an old shoe, and it is full of trash with two cracked windows. There are mice living in the back seat. The radio to the car is missing. The key to the car is missing. It hasnt been waxed or cleaned in 2 years.

Mortgage Rate Freeze Reached (but not for Investor/Speculators)
2007-12-09 00:00:00
The White House has announced a plan to freeze the mortgage rates on ARMs for home owners. It is geared to save those living in their homes from foreclosures. It specificially excludes real estate investors and their investment properties. Read the full details about the program in the article below: *************************************** Mortgage Rate Freeze Reached Thursday December 6, 5:04 pm ET By Martin Crutsinger, AP Economics Writer Deal Reached With Mortgage Industry for 5-Year Rate Freeze WASHINGTON (AP) -- Hundreds of thousands of strapped homeowners could get some relief from a plan negotiated by the Bush administration to freeze interest rates on subprime mort
More About: Investor , Speculators

Dallas-Fort Worth Market Report - THE PERFECT STORM
2007-12-09 00:00:00
Have you ever just got tired of all the negative news. I mean the housing market is in the tank, new home builders are jumping into the ocean and we have forclosures supposed to double again. I guess we should all go home and sell Encylopedias door to door. NOT!!!!!! We are in a unique point in history that I like to refer to as the PERFECT STORM - for the investor. We have mortgage interest rates at 2 year lows, we have available inventory at all time Highs/with prices at historic lows and in the DFW marketplace we have an ever increasing population. So I ask the question - Where are they all going to live??? Let me explain - As an investor/business owner we successful when we so
More About: Dallas , Market , Storm , Report , Fort Worth

More Jobs to Cedar Park, Texas: BMC'S ECONOMIC BOOST
2007-12-09 00:00:00
BMC West Corp., which moved its mill works facility here three years ago, will bring another 100 jobs ? and a roughly $3.5 million total payroll ? to the city when it relocates its remaining Austin operations this summer. The construction services, manufacturing and lumber products company is building a 120,000-square-foot facility on Whitestone Boulevard that will house offices and its lumberyard. It will also be home to BMC West Building Materials construction services and design offices. The $9 million project received $850,000 in reimbursement for utilities and a road extension from the city as incentives, said Phil Brewer, director of economic development
More About: Jobs , Texas , Park , Economic , Boost

7 signs to Recovery in AZ...?
2007-12-09 00:00:00
If you are a real estate investor who owns property in Arizona, I think that you will find this interesting... "7 signs to Valleys housing market recovery" How close is the Valleys housing market to rebounding? National housing analyst Tim Sullivan of the Sullivan Group has put together a seven-point test to track the markets recovery. Check out metropolitan Phoenixs report card. 1. The number of resales on the market falls below a 7-month supply. The Valley has 55,000 existing homes for sale, a 14-month supply. 2. Home sales need to stop slowing. Resales rebounded slightly in October, according to the realty studies group at Arizona State University. Ne
More About: Recovery , Signs

LAS VEGAS LENDER FORECLOSURE HOME AUCTION DEC 8 & DEC 9
2007-12-09 00:00:00
On December 8th and 9th there will be over 340 homes auctioned in Las Vegas by Real Estate Disposition Corporation (REDC). All you need is a $5000 cashiers check (made payable to yourself), a photo id and a personal check to cover the balance of your 5% earnest money deposit. It will be interesting to see how many people actually bidding and buying at the auction ( I will be attending and will update after the weekend) or whos going just for the excitement and buzz of it all. The owner of Merit attended an auction in Phoenix a few weeks ago and over 5000 people attended. I did hold open houses for REDC this past weekend as well as many other agents in my company and the numbers w
More About: Auction , Home , Foreclosure

Las Vegas Real Estate Market Report: 12/05/07
2007-12-09 00:00:00
Las Vegas Real Estate Market Report: 12/05/07 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
More About: Las Vegas , Real Estate Market

Raleigh, NC's population expected to grow 70% by 2030
2007-12-09 00:00:00
Raleigh city planners have begun the process of updating the Comprehensive plan for the city?s future growth and they are making some exciting predictions about population growth. The population of Raleigh grew by 28.2 percent between 1990 and 2000; from 237,056 to 303,971. The current growth rate of 2% a year is expected to continue for the foreseeable future. Raleigh?s population is projected to surpass 541,000 by the year 2025. There are 10 planning districts in Raleigh and all of them are expected to experience at least double-digit growth over the next twenty years. The Northwest and Southeast areas are expected to experience the fastest growth. Raleigh is engaging the
More About: Raleigh , Grow , Pula

NARREIA Advisor Brian Casebolt featured in Growing Wealth Magazine
2007-12-09 00:00:00
One of our senior Advisors, Brian Casebolt of Dallas, was featured in Growing Wealth Magazine . Click here f
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Houston's Incredible Market
2007-12-02 00:00:00
Houston Real Estate Market On Pace For Second Best Year On Record Recent declines in home sales slow in October; Prices continue to hold up HOUSTON ? (November 20, 2007) ? Prospective home sellers and buyers throughout greater Houston may experience a more meaningful Thanksgiving this week, as recent declines in the real estate market slowed in October. New monthly figures continue to reflect a healthier housing environment locally compared to the rest of the country, with sales and pricing performance still outpacing that of 2005. Total property sales for October registered 6,244, representing an 8.6 percent decrease compared to October 2006. That is half the 16.7 (revise
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RALEIGH, NC: 7.2% Price Increase
2007-12-02 00:00:00
Check this out....as we have been indicating Raleigh is a steady as she goes ship in an environment that has seen its share of misery around the country. Raleigh Investment Real Estate is a strong advocate of finding value producing cash over speculative growth investments. By concentrating on cash producing value investments you can weather any storm. Check out this recent article Thursday, November 29, 2007 - 12:35 PM EST Local housing prices increase Triangle Business Journal - by Chris Coletta Home prices advanced 1.4 percent between the second and third quarters in the Raleigh-Cary metropolitan statistical area, according to data released Thursday by the Office of Federal Housi
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Durham, NC - The Hidden Gem!
2007-12-02 00:00:00
North Carolina is becoming well-known at the new hot spot for real estate investing. The area is a cluster of cities, and smaller townships including Raleigh, Cary, Durham , and Chapel Hill and is home to several universities and business campuses. Most individuals are familiar with Raleigh, as it is the state capital and has gathered quite a bit of media attention. Savvy investors, however are looking at neighboring Durham as well and are benefitting from more attractive pricing and appreciation projections. CNN Money recently posted its local forecasts for this metropolitan area. Unlike many US markets, both Raleigh and Durham MSAs are projected to have positive appreciation in
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Don't Listen to "Chicken Little" the sky is NOT falling in the Charlotte NC
2007-12-02 00:00:00
Ive been asked a lot here lately by clients and several media organizations and other institutions about: "Wow, how down is business based off of everything people hear in the media". I can tell you that the truth is that business in the investment Real Estate market is UP, and it is UP STRONG. The Charlot te and surrounding region has been very fortunate. We have consistently produced higher and higher and higher average sales prices for homes (up 5.6% as of the recent reports as noted in a Wall Street Journal compared to the National average DOWN 4.4%...that is a 10% RISE in Prices versus the NATION). Its not a fluke though, look at the incredible Economy that Charlotte enjoys, l
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Las Vegas Real Estate Market Report: 11/28/07
2007-11-30 00:00:00
Las Vegas Real Estate Market Report: 11/28/07 This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (
More About: Las Vegas , Real Estate Market

Strong Future Prospects in Austin, TX Real Estate Market
2007-11-30 00:00:00
UPDATE: Over the last week, that is, mid-November time period, weve were finally starting to see some price adjustments which weve expected considering the trending weve been tracking over the last several months. With an increase over last year in inventory, and less homes sold, weve finally seen the average sales prices decrease 1.63% to $236,228. In 2006 it was $240,140 for the same week. Whats going on in Austin Texas real estate at the moment? Looking back over October, we find new listings are up by 13.92%, pendings are up 3.37%, and solds decreased by 17.26%. This sort of thing must have an effect on sales price eventually, and wed expect it to continue throughout the sl
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