Yesterday I wrote about why this is a good time to investigate investing in rental real estate. Notice I’m talking about investing in rental property, not buying and flipping. In the buy and flip scenario, there are equally good deals out there on the buying side, but the problem is, you can’t profit from it unless you [...]
Archive for January, 2009
Investing in Real Estate II
Posted in Finance, Real Estate, tagged rental investments, rental property on January 31, 2009 | Leave a Comment »
Investing in Rental Property
Posted in General Real Estate Market, Iredell County, Real Estate on January 30, 2009 | Leave a Comment »
As we undergo a significant change in how people obtain housing, one of the facts that’s becoming clear is that many people who were able to get loans to purchase homes over the last 10 years are now unable to do so. Others who bought homes under those circumstances are having to move from a [...]
Zillow for You?
Posted in Finance, General Real Estate Market, Real Estate, tagged professional real estate experience, property values, trulia, zillow on January 28, 2009 | 1 Comment »
I recently read an article by Jed Smith, Managing Director, Qualitative Research for the National Association of Realtors, that was basically a review of the Zillow.com consumer real estate site. Of course, one of the purposes of NAR is to be an advocate for the value of REALTORS in helping the public buy and sell [...]
Any Interest in Interest Rates?
Posted in Finance, General Real Estate Market, Real Estate, tagged Home Buyers, mortgage rates, mortgages on January 27, 2009 | Leave a Comment »
Our CENTURY 21 Mortgage representative, Kim Peschock, is sending me weekly updates of their mortgage rates. That’s one way we stay informed of the mortgage market. Her summary received today shows that rates have edged up a bit from last week. They’re still outstanding at just under 5% for a 30 year fixed mortgage for [...]
USDA Loans- Yes?, No?
Posted in Finance, Mooresville, Real Estate on January 26, 2009 | Leave a Comment »
Hooray! One of my Mooresville listings went to contract over the weekend. That’s wonderful news of course. However, it’s tempered by the fact that the sale is conditional on the buyer getting a USDA loan. I’ve written about these before because it is just about the only game in town where a buyer can still under [...]
Board Evolution
Posted in General Real Estate Market, Real Estate, tagged Charlotte Regional REALTOR Association, NC Association of REALTORS on January 23, 2009 | Leave a Comment »
I just got back from Greensboro where I was installed on the Board of Directors of the NC Association of REALTORS . It’s gratifying to be considered worthy of the job of representing your peers on such a board. This is the latest in my REALTOR board evolution. A few years ago, I was asked by the President of [...]
Bookin’ News Update
Posted in Entertainment, Quality of Life, Troutman, tagged contract bids, ground breaking, Troutman Library on January 22, 2009 | Leave a Comment »
Found out from John Fuller, the architect of the soon to be J. Hoyt Hayes Memorial Troutman Public Library, that they’ve had to move the bid date out several days because of the hugh volume of interest from general contractors in building the library. They had planned on at least 30 GC’s to bid, but [...]
NC Main Street Conference- Statesville
Posted in Iredell County, Mooresville, Quality of Life, Real Estate, Statesville on January 21, 2009 | Leave a Comment »
The Downtown Statesville Development Corporation is hosting the 2009 North Carolina Main Street Conference January 28 – 30 in Downtown Statesville. This conference organized by the NC Dept. of Commerce will bring 300 to 350 people involved in downtown revitalization from across the state into downtown for a three-day conference. Check the conference link above for [...]
Snow? Yes- No
Posted in Lake Norman, Quality of Life on January 20, 2009 | Leave a Comment »
We’ve had our first real snowfall in the Lake Norman area. We woke up with weathermen on television running around excitedly like little kids. That’s normal for our area. We happen to be often right on the border of frozen winter storms, and the poor weather forecasters catch the dickens for predicting snow (or ice) then [...]
So Far, So Good
Posted in Uncategorized on January 20, 2009 | Leave a Comment »
I hope you got a chance to see President Obama take the oath of office and make his first speech as President. Say what you will about him, but the man can sure enough deliver a speech. Leadership is largely the ability to clearly define a goal, understand what needs to be done to achieve [...]
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