Posts Tagged ‘real estate’

Rising Tides In Real Estate Value

Monday, February 5th, 2018

There are time-worn real estate adages that never seem to go away. “Location, location, location” is one of them, and it still applies. But what about the one used in every “fix-and-flip,” or “fix-and-occupy” program on HGTV about buying the worst home in the best neighborhood?

For all those experts who push buying the most run-down place in the best part of town as a surefire winning investment because the only way its value can go is up, it may be time to take a second look, according to by Spencer Rascoff and Stan Humphries’ book Zillow Talk: The New Rules of Real Estate.

Here’s the complete story:

 

 

Housing starts surge to 9 year high

Thursday, November 17th, 2016

Early this morning, prior to 8:30 AM EST the 10 yr note unchanged and early trade in MBS prices +4 bps from yesterday’s close. Then came 8:30 and a lot of key data. Oct housing starts expected up 10.5% to 1168K jumped 25.5% to 1323K; Oct building permits expected -3.0% to 1190K, increased 0.5% to 1229K. Starts the strongest since Sept 2007. A 10.7% rise to an 869,000 rate for the report’s key component, single-family homes, that follows an 8.4% surge in September. Take a look a the rest of the positive numbers.

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