We had a great teleconference with Larry Goins last week. Due to many requests for those who didn't get to listen in, we are going to see if we can get Larry to repeat it in the near future.
Stay tuned for further updates.
Breaking Info
Short Sales are one
of the hottest investing techniques in the market today. There are
several programs to help you prepare and negotiate the deals -
but how do you find homeowners needing your help? RealtyTrac can
help. Nationwide and in your own back yard. They currently have more
than 1,000,000 foreclosure, pre-foreclosure, REO, and FISBO
listings across the country. Currently ranked #53 on the Inc. 500
list, RealtyTrac,
is a resource for serious investors! Check out their FREE
trial and
see what it does for your Short Sale business.
You owe it to yourself to check out Lou
Vukas' Free
Report: "How
A 112-Year-Old Forgotten Secret Used By Bounty Hunters In The Old
West Can Add Thousands Of
Dollars To Your Real Estate Income In As Little As 11 Days!"
What's
New...
Discover
the secret a select few investors are using to make above average
returns without the stock market or being concerned with fluctuating
interest rates. How
To Make 37%, Tax-free, Without The Stock Market
When the Commerce Department released its NEW RESIDENTIAL SALES IN JANUARY 2007 Report on February 28, 2007 – it sounded like the U.S. Housing Market had fallen off a cliff. It states that there was a drop of 16.6 percent (±12.8%) below the revised December rate of 1,123,000 and is 20.1 percent (±9.4%) below the January 2006 estimate of 1,173,000.
What you may not know is that the Commerce Department’s data is not very reliable because it’s based on “surveys” of homebuilders and the like, NOT actual home transactions… so it has a huge margin of error. Note: 16.6% (± 12.8%) means that the actual drop being reported is somewhere between 3.8% and 29.4%. How can you run any business not knowing whether you lost 3.8% or 29.4%?
Would you be interested to know that the actual performance numbers for the last reported period across the country ranged from +29.6% in Binghamton, NY to -27.4% in Laredo, TX?
How about the fact that 14 areas of the country had price growth greater than 20% while only 2 areas had prices fall more than 20%?
How does that compare with a national reported “average” of a drop of 16.6 percent (±12.8%)?
This report clearly blows the lid off any doubt as to whether or not there is a bubble market – and where – you have to read it!
Much
has changed since Wealth Network was created,
and the site is now undergoing a major
renovation to keep up.... Interest rates,
foreclosures, and law suits are rising.
Many - but not all - local markets are
experiencing " bubbles".
What's an investor to do to capture
the opportunities out there and hang
onto your hard earned wealth?
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Dig deep into the content here at Wealth
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Top Real Estate News Stories...
Housing still on down slope - Economists say no recovery until midyear
The U.S. housing market has not reached bottom and will likely not
begin to recover until the middle of this year, three housing economists
said Wednesday. The weakness will extend to existing-home and new-home
sales and housing starts as well as to home prices, which are likely
to show their first full-year decline nationally since records have
been kept, the economists told home builders at their annual convention
here. [MarketWatch - Feb 7, 2007]
New Website attempts
to eliminate "junk" closing fees
With consumers being charged as much as $55B in real estate closing
costs last year, LowerFees is
positioned to help save up to $21B in junk fees. LowerFees is a free
solution to help educate consumers and promote transaction fee transparency
as well as non-discriminatory practices. Our online portal will help
match consumers with service providers to both drive down transaction
fees and provide full fee disclosure.
Lenders Loosen Standards
Even as More Loans Go Sour Mortgage lenders are making it easier to
get loans even as the housing market cools -- and as the number
of borrowers struggling to make their payments continues to rise,
new studies show.... [The Wall Street Journal Online ]
Elevators, Going Up
Across the region, land is scarcer, houses
are taller and home elevators are gaining
popularity.... [nytimes]
Conn. firm buys into Triad
industrial market
Mill Management Inc., a Connecticut-based
real estate investment and development firm,
has purchased 1.5 million squar... [bizjournal]
Mobile
Homes...
Profit from this niche market. Learn how to flip your deals for fast
profit.
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From Our Attorneys:
LEGAL DISCLAIMER.
All resource materials
herein are provided with the understanding
that Wealth Network is NOT engaged in
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