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The “Oracle” Real Estate Value Investor?
on Jul 18, 2007 in News Real Estate Investing Real Estate Investors Wealth Building It is rumored that Warren Buffet, the “Oracle of Omaha,” may be shopping around for a home building company. Forbes and CNN Money are reporting that the “Oracle” may be eye-balling national homebuilder Hovnanian Enterprises.
Don’t call it a “Housing Recession,” Call it an “Opportunity”
on Jul 5, 2007 in News Real Estate Investing Real Estate Investors So mortgage rates are at historical lows, prices have nothing but downward pressure due to high inventories and languishing home sales and foreclosures are at all-time highs due to lenders making millions of wacky loans in the sub-prime market. Is a...
To Find the Bottom Look Up!
on Jun 11, 2007 in News Real Estate Investing Real Estate Investors Wealth Building If you read about the real estate industry like I do, you can’t help but wonder what all these so-called analysts are talking about when they write about where the “bottom” will be (see “Where housing will bounce back and when...
Rising Mortgage Rates Prolonging Housing “Recovery”
on May 30, 2007 in Lease-Options News Owner-financing Real Estate Investing Real Estate Investors Rent-to-Own Subject-To Mortgage rates are steadily rising and there are fears by the National Association of Realtors that a housing “recovery” (as far as they’re concerned) may be further off than originally thought. In a market where rates are high, bu...
Real Estate Markets Experiencing Tripling of Inventories
on May 16, 2007 in News Real Estate Investing Real Estate Investors CNN Money entitled an article about rising home inventories as going from “Bad to Worse” (Housing glut) but for professional real estate investors who take a long term buy and hold strategy to real estate investment, a rise in housing inv...
Unbelievable Foreclosure Numbers!
on May 14, 2007 in Foreclosures News Real Estate Investing Foreclosures are up 65% since the same time last year! Read: Foreclosure rates still soaring...