Cape Cod Homes/Real Estate

Posted by admin | Posted on 06-04-2011

Category : Region I

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Cape Cod Homes/Real Estate

Cape Cod holds tremendous appeal for families looking for a second home or a weekend getaway.  With both a substantial year round local population and a seasonal surge in residents, Cape Cod offers the peace and quiet of a sleepy New England enclave while still providing a bustling port town atmosphere during the summer months.  Depending on how many months each year home buyers are interested in spending in the area, there are luxury Cape Cod homes for every lifestyle.  Retirees and young people alike enjoy the soothing salt breezes and waterfront living.  

The arts scene is alive and well in Cape Cod and a thriving cultural community impresses residents and tourists each year.  No matter if you’re on the go or simply kicking back to take in the sights, Cape Cod real estate offers something for everyone.  With a broad spectrum of activities suited to numerous interests, this sea side city is home to avid bicyclers, swimmers and numerous outdoor enthusiasts.  Boating and fishing is a perennial favorite among both locals and visitors while a host of water sports is available in the summer months.

Recreational opportunities abound in this natural wonderland of dunes and waves. Luxury homes owners enjoy a uniquely exclusive piece of this coveted coastline.  Kayaking, snorkeling and sailing are just feet from your door when you call Cape Cod real estate home.  

Avid golfers will also be impressed with the town’s 27 public golf courses as well as 15 private spots to practice your putting. For the more pampered visitor, Cape Cod offers the perfect spa escape with a variety of luxurious retreats to choose from. From rustic inns to quaint cottages, this northeastern gem sends travelers away relaxed and refreshed.      

Cape Cod real estate also offers access to a broad spectrum of arts and events.  Nearby Sandwich is a charming region known for its historic significance.  Another popular draw is Provincetown whose artists colony has contributed a wealth of beauty and talent to the Cape for decades.  

The nation’s oldest professional summer theater, the Cape Playhouse, delights local residents with a constant stream of plays and dramatic performances.  For music lovers, there is a whole universe of fun to explore.  Cape Symphony enjoys an enduring popularity that speaks to its status as a world renowned orchestral group while the sounds of the Chatham Chorale permeate the town, adding to the sense of ocean front magic.

To get the best luxury Cape Cod Real Estate with your money there is one real estate website you can really trust. They work closely with only the best California luxury homes agencies.


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Large Cities And Little Farms With Ohio Real Estate

Posted by admin | Posted on 05-03-2011

Category : Region III

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Large Cities And Little Farms With Ohio Real Estate

Ohio is a unique state where large cities like Cleveland and Cincinnati sit next to rural farms. Ohio real estate prices mirror this diversity.

Ohio

Ohio was a mainstay in the industrial revolution in the United States. Cities such as Cleveland and Cincinnati spawned industrial might to such a degree that Cleveland is still the home of the most millionaires per person in the United States. Bet you didn’t know that! As the industrial revolution faded, the state has evolved and now has a strong high tech industry, particularly in Columbus. Notwithstanding all of this, Ohio has maintained a strong rural farming influence, which can be seen just be driving out of the cities. Throw in a bevy of lakes, and you have a surprisingly wonderful place to live.

Columbus

Columbus is the state capital of Ohio and home to the massive Ohio State University. Sitting on the bank of the Scioto River, the city is centrally located and reflects the farmland surrounding it with a relaxed atmosphere. Named after Christopher Columbus, the city is designed well with large green areas, a thoughtful layout and statutes galore. With a huge university, the city has a definite college town feel with accompanying coffee shops, art galleries and a festive nightlife. If college football is your passion, this is the place to be in the fall.

Cleveland

Cleveland is a city going through a major renaissance. Once branded with a rather nasty reputation, the city is now a gem in Ohio. Major money has been put into redevelopment and the city is now a hot spot for nightlife and cultural activities such as the rock n’ roll Hall of Fame. Once known as the “mistake on the lake”, Cleveland is now the gem of cities on Lake Erie. If you’re looking for a ground floor opportunity, Cleveland may just be the city for you.

Cincinnati

Sitting on the Ohio River, Cincinnati is a sit with a mix of influences. You’ll find a definite European influence mixed with a southern feel and energized economy. This odd mix gives rise to an eccentric streak in a city which elected Jerry Springer as the Mayor. Yes, the Jerry Springer on television. Still, the city is a typical hard working town in Ohio with a surprising number of attractions such as the redeveloped river front area. The city also has a strong tradition of professional sports with the baseball Reds and the revitalized football Bengals.

Ohio Real Estate

Ohio real estate prices are very reasonable regardless of where you go. A single family home in Columbus, Cleveland or Cincinnati will set you back between 0,000 and 0,000. Head out of these cities and you can expect to pay much less.

Despite all the positive aspects of Ohio, appreciation rates are not the best. For 2005, appreciation rates were a little less than five percent.

When Is A Down Bay Area Real Estate Market Going To Hit Bottom?

Posted by admin | Posted on 25-02-2011

Category : Region V

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When Is A Down Bay Area Real Estate Market Going To Hit Bottom?

This has been a very hot topic amongst the nation’s top economists, professors and citizens. With many billions of dollars sitting on the sidelines watching the game, the magic question seems to be when is the market going to bottom out? It seems that many are waiting to get the deal of a century rather than recognizing the incredible opportunities that are here now.

The sad truth is that when there is a hot market of any kind for potential huge returns, there is also the byproduct of greed that comes with it. The average person is heavily influenced by the media forgetting that their job is to sell the news. They are after ratings and not necessarily going to report the complete small details that are prevalent. The bay area is a magical place unlike any other. It is home to a very wide array of things to do and home to some of the best weather in the world.

I have clients tell me all the time that the best time to buy bay area real estate is not now. The market is going to go down further and it will then be the best time. The truth is that no one has a crystal ball and no one can predict for sure when the market will completely bottom out. It is however; a good idea to keep in minds the simple rules of supply and demand. This of course is going to be somewhat contingent on what type of property is sought after. With the extremely high cost of property here, it is difficult, although not impossible, to find income properties that will cash flow without a substantial down payment. The bay area is an industry leader for high tech, biotech, finance, money markets, trading floors, engineering and many other skilled professions. We also need to keep in mind that the bay area is home to some of the finest universities in the world including Stanford, The University of California at Berkeley, The University of California at San Francisco and many others. If we take these elements into consideration and add the fact that there is very little land to build, it would seem that there is and will be a definite demand for housing now and in the future. So again we visit the question when is the best time to buy?

In my opinion, with the huge selection of inventory and interest rates as low as they are, the best time to buy is now. Many make the mistake of wanting to wait until the absolute bottom hits so they don’t lose any money. If a property that sold a year ago is being offered for twenty percent less today, is that a good deal? Of course it is. We need to keep in mind that in a short time the market is destined to rebound and the majority of us will only see the bottom of the market in the rear view mirror. A deal is a deal and if the price is right and one is ready to buy, do it.

The truth is that in many areas of the San Francisco region, the prices are not going down they’re going up. According to the latest numbers from Data Quick, The average median household value across nine bay area counties is four percent higher than it was a year ago. The closer you get to the heart of metropolis, the more the demand for that location. San Francisco, Marin and the peninsula have all gone up in value from this time last year. Alameda County is also us four percent from last year.

The bottom line is the bay area is a great place to live, work and play. There is a reason that it is expensive to live here. It is desirable! There are incredible deals for bay area property right now and who knows exactly how long it will last. Advise for people who are serious and actively in the market, find your property while the good deals are still here and be happy with what you’ve found.

Contact Team Enterprise for more pointers and tips or to answer any questions that you may have.

Matt Larsen is part of a group of real estate professionals in the Bay Area. Visit us online: http://www.teamenterprise.com http://www.mattlarsenhomes.com http://www.webproagent.com


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Spotlight on North Asheville, Woodfin and Weaverville – Asheville NC Real Estate

Posted by admin | Posted on 21-02-2011

Category : Pharmacy Students

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Spotlight on North Asheville, Woodfin and Weaverville – Asheville NC Real Estate

The Magic of Asheville and the North Carolina Mountains

The city of Asheville might be scaled-down than some metropolitan regions, on the other hand, just like greater cities these as Atlanta, New York City, San Francisco and Seattle, Asheville can be separated into a variety of sections, just about every with its very own thrilling advantages. North Asheville has often been a preferred area of the city. Because the heyday of the Vanderbilt loved ones in the 1920′s, North Asheville has been a area for artists, professionals, socialites, writers, and celebrities to congregate and reside life to the fullest. 1 of the most popular examples of this is the internationally acknowledged Grove Park Inn.

Perks to Purchasing House in North Asheville

College of North Carolina – Asheville (UNCA)

1 of North Asheville’s best perks is its shut proximity to UNCA, a wonderful university situated in the heart of Asheville. The UNCA campus is not only an superb college, but is also a well-liked spot for quite a few music and arts activities during the 12 months. In warmer weather conditions, concerts happen each in the university’s numerous auditoriums and outdoors. There are several trails and paths to investigate on the campus, as effectively as the exquisite mountain views to behold.

Botanical Gardens and Greenway Development

Located on the edge of the UNCA campus, the Asheville Botanical Backyard is a special sanctuary in the midst of North Asheville. Wandering the Botanical Garden grounds enables you discover about native plants, as well as to appreciate the seems of birds, insects and the creek. Have a picnic in the meadow or check out the gazebo. There are flowers, trees and herbs of all sorts to take a look at. In addition Asheville is at the moment in the procedure of finishing a greenway that runs from UNCA and the Botanical Backyard all the way to the heart of downtown. Bike, jog or walk the paths along the edge of the historic Montford neighborhood. Leaving autos at home will be a a lot more inviting option for students and other local residents as soon as the greenway is developed.

Merrimon Avenue Offers Hassle-free Purchasing and Eating places

Merrimon Avenue is the major thoroughfare in North Asheville and is home to numerous retailers, eating places, retail merchants, pharmacies and much more. A post workplace, a number of grocery shops, the Asheville Pizza and Brew Organization (a staple of the place) and substantially far more can be discovered inside just a couple of miles of downtown.  Every thing from McDonald’s to sushi to Mexican cuisine or Southern fashion home cooking can be discovered on Merrimon.

Beaverdam Lake Neighborhood

Travel North in the direction of the little community of Woodfin and you will pass Beaverdam Lake. The Beaverdam neighborhood is a picturesque neighborhood situated along the edge of the lake. Canoeing, all walking trails, and the bird sanctuary nestled at the Southern most point of the lake are all accessible to residents. For the duration of the warmer months regional residents can be observed boating, jogging, strolling and savoring the mountain weather with loved ones, close friends and pets. An thrilling new addition to the neighborhood, just up the road from Beaverdam Lake, is the new YMCA, built at the base of the Reynold’s Mountain community. This new facility assists citizens in North Asheville avoid site visitors and preserve time.

Genuine Estate and Financial Improvement in Woodfin

Woodfin is a tiny township situated just North of Asheville and just South of Weaverville. More than the final 5 many years Woodfin has commenced to develop. New organizations have opened up and routinely far more affordable genuine estate rates have manufactured it a location for first time homebuyers. In the following decade the township of Woodfin plans to comprehensive important residential and industrial developments. Woodfin is on its way to starting to be a beautiful, inviting neighborhood that attracts professionals, households and new homebuyers relocating to the Asheville location.

Weaverville NC: A Quaint, Shut-Knit Local community Just ten Minutes from Downtown Asheville

Just North of Asheville, only 3 exits on the highway, is Weaverville, a little town with a fantastic status for a tight-knit neighborhood, extraordinary neighborhood arts, tasty neighborhood restaurants and exceptional retail retailers. If you’d like a snapshot of what Asheville once was, Downtown Weaverville is well worth a check out. Principal Road is property to numerous regional enterprises and helps make you sense like you are in a straightforward, rural, mountain village. Simple accessibility to the highway makes commuting to function straightforward and close proximity to Walmart, Lowes, grocery retailers and other retail outlets make it handy to remain community.

North Asheville is just a single segment of this fair mountain metropolis.  East, South and West Asheville also give distinctive strengths for potential homebuyers and have their personal rich background. Be positive to employ a actual estate agent that can display you all locations of the metropolis and aid you make the ideal actual estate determination for your lifestyle. Purchase nc land for sale

I spend a lot of time expressing ideas, so I can get feed back from others.


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Houston’s Luxury Real Estate Market: What’s Next

Posted by admin | Posted on 16-02-2011

Category : Region IV

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Houston’s Luxury Real Estate Market: What’s Next

Houston’s luxury real estate market has always been strong; however, the last year has proven challenging for this select Houston real estate market, as many homebuyers have begun scaling back their purchases. So, what can we expect now?

Many industry experts have noted that the Houston luxury real estate market is already showing positive signs of turning around. Inventory appears to be running low; new construction is on the rise; and many agents in Houston’s best luxury real estate firms have been meeting and/or exceeding their sales goal for the last four to five months.

A Shortage in Inventory?

Houston real estate – particular the high-end real estate market – may even see a shortage by the end of the year in terms of real estate inventory.

The high-end Houston real estate market certainly has seen its share of challenges; it was one of the last markets to be hit during the recession; however, it was also one of the markets that suffered the worst during of the recession. As a result, the luxury Houston real estate market was one of the last markets in Houston to show signs during the latter part of last year.

By the end of the fourth quarter of 2009 the luxury Houston real estate market began to show signs of recovery; and by the first of the year, the luxury real estate market was going full steam ahead.

Consumer Confidence Driving Sales

Among other things, the Houston real estate luxury market has been driven by consumer confidence.  Even those homebuyers who were not experiencing the worst of the economy in 2009 held onto their money because they simply didn’t know what was coming next. As the stock markets improved, so did consumer confidence and, of course, the luxury market.

In addition, many industry analysts predict that 2010 will be a great year for Houston because of job growth. Many, major companies are now moving into Houston because of the positive job climate.

Home prices for luxury real estate in Houston is also falling slightly as more homeowners recognize that being realistic is a must if they expect to sell their home. As a result, many of the luxury homes on the market are selling in a reasonable amount of time.

New Construction and the Luxury Market

New construction for luxury real estate is also on the rise, and the upper end of the market is showing particularly good signs of recovery. As a result, many real estate experts are not concerned about selling luxury homes; they are concerned about the lack of inventory. In fact, many experts foresee a low inventory by year’s end. One of the major concerns is that there appears to be a shortage in new construction.

Houston’s Luxury Neighborhoods

•          Afton Oaks

•          Avalon Place

•          Bayou Woods

•          Bentwater

•          Bunker Hill Villages

•          Canyon Gate

•          Carlton Woods

•          Cinco Ranch

•          Fairfield

•          Galleria

•          Grand Lakes

•          Katy

•          Memorial

•          River Oaks

•          Royal Oaks

•          Seabrook

•          Sherwood Forest

•          Stablewood

•          Sherwood Oaks

•          Stonegate

•          Sugar Land

•          Tanglewood

•          West University

•          Willowick Estates

•          Windsor Park

•          The Woodlands

Whether you are a buyer or renter, make the right residential choices by reading VIP Realty’s informative analysis, which encompasses the Houston Condos and Houston real estate markets.


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Columbus Ohio Real Estate

Posted by admin | Posted on 14-02-2011

Category : Region III

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Columbus Ohio Real Estate

Searching for homes for sale in various real estate markets is easy utilizing online home searches. Here is an example of a website where you can use a free Columbus Ohio real estate home search. Real Estate in Columbus, OH is hot with great new build homes, investment properties and existing properties.

More about Columbus Ohio….

Columbus is the Capital city of Ohio State and is named after explorer Christopher Columbus. Money Magazine ranked it in the eighth position under the list of best big cities to live in the United States. Given the developments taking placing in fields of ethnology, education, healthcare and business growth, this city is emerging on a global level.

Looking into the kind of homes and architectural styles seen here, in the Short North area, homes display a Victorian style layout and architecture. This is also the place for many art galleries, pubs and specialty shops. In the southern part of this area, there are a lot of home constructed in German architectural style. Much of the homes here are 19th century brick cottages. Lots of historic homes here as well and the National Register of Historic Places mentions the German village here is the largest privately funded historic district.

Any investor’s chief concern in buying property in a particular location or city, is based on how well the area is developed. Chief areas of concern are how well the business sector is doing, how well the city is laid out, how good is the health care and educational infrastructure as all these aspects affect the quality of life.

Columbus stands out in all spheres of city development and offer lots of employment opportunities because of its fast growing business sector. Big IT companies such as Microsoft, CompuServe, Sterling Commerce, have set up their base here. The city gives lots of encouragement for research and technology companies to come and establish their offices here. In 2006, the 315 Research + Technology Corridor was set up as a step towards bringing more technology companies into the city and is an indication of the tremendous ambition this city has in expanding into this arena.

On the education front, two top names the Ohio State University and Columbus State Community College are established here and they stand out in their excellent educational infrastructure.

An interesting aspect to note about this Columbus city is that lots of insurance companies have set up their office here. Big names such as Nationwide Insurance, Motorists Insurance, Grange Insurance, Safe Auto Insurance, and State Auto Insurance all made Columbus their home for business. Fast Food chains such as Charley’s Grilled Subs, Steak Escape, and White Castle, Cameron Mitchell Restaurants, Bob Evans Restaurants, Max & Erma’s, Damon’s Grill, and Donatos Pizza have set up here, making this city very attractive and entertaining. This is one of the many reasons why real estate in Columbus Ohio is hot right now.

Columbus is a vibrant city, with lots of growth prospects, so buying up real estate here is a promising investment. With so much of encouragement given to technology and other industry sectors there is scope for more employment and this means more people willing to relocate here for new jobs. All this in turn affects the value of the real estate here.

It is however, importantly to consult a reputable Columbus Ohio real estate agent, who resides in this city so that an investor get the right guidance and advice on the kind of property available, the areas where they are available and most importantly get the right prices on such properties.

Thomas Meeks is the content writer for the website http://www.columbus-home-search.com and many other Columbus Ohio real estate websites.


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Silicon Valley Luxury Homes | Silicon Valley Luxury Real Estate

Posted by admin | Posted on 10-02-2011

Category : Region V

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Silicon Valley Luxury Homes | Silicon Valley Luxury Real Estate

Situated in Santa Clara County, 50 miles south of San Francisco, Silicon Valley luxury homes can be found in San Jose, Palo Alto, Mountain View, Sunnyvale, Fremont, Milpitas, Menlo Park, Cupertino, Los Altos, Los Gatos, Campbell and Santa Clara.  Silicon Valley luxury real estate houses more high-tech jobs per capita than anywhere else in the nation, so it’s reasonable to assume the residents living in Silicon Valley homes are quite affluent.

Computer technology was born in Silicon Valley luxury real estate. Some of the high-paying companies that have their headquarters or at least a major presence here include: IBM, Sun, Intel, Sony, Yahoo, Cisco, Apple, Hitachi, Netscape, Microsoft, Google, Symantec, eBay, Facebook, Netflix, TiVo and more. A number of high-level government and military employees work at Moffett Federal Airfield, NASA Ames Research Center and Onizuka Air Force Station. Students congregate at Stanford University, San Jose University and Santa Clara University.

Typically, there has been so many jobs in Silicon Valley that local recruitment efforts spawned a whole industry of its own. The California Employment Development Department says that jobs still abound in biomedicine, software programming, secondary-school teachers, environmental consultants, biofuel research, infrastructure and commercial loan officers. The shaky economy brought bad news for mid-wage earners living in Silicon Valley luxury homes, as the region shed construction, hospitality, retail and financial service jobs. However, the Valley saw gains in higher-paying education, social assistance, healthcare and business service jobs. Also, more than 1.5 million “green” jobs have been created in California over the last thirty-five years, generating billion in payroll, with many of those jobs right here in Silicon Valley luxury real estate.

Of course, career opportunities are just one component of this gorgeous region. Mountainous, fertile valleys bordering the Pacific Ocean and pleasant weather all-year-round are some of the obvious perks. Residents never need heat or air conditioning, since the temperature is so mild. San Jose is ranked “one of the best places to live” by Money Magazine. The cost of living here is considered expensive, but it keeps the riffraff out. San Jose has the least expensive Silicon Valley luxury homes, while Palo Alto and Menlo Park are two of the ritzier areas. That being said, Silicon Valley paychecks compensate for the higher cost of living, with the average salaried working bringing in around ,876.

For entertainment, residents of Silicon Valley luxury real estate can drive just five hours to Lake Tahoe, home to skiing, and snowboarding in the winter, or boating, gambling and nature walks in the warmer months. Moreover, Reno nightlife is just another hour away, making it a perfect weekender. San Francisco, with all its historic charm and culture, is only one hour North of Silicon Valley as well. Napa Valley wineries are a big draw for the Silicon Valley aristocracy. The Santa Cruz beach boardwalk is a great place to take the kids for an afternoon. Yosemite National Park is nearby with mountains, rock formations, valleys, geysers, wildlife and waterfalls. The Monterey Peninsula also has one of the nation’s best aquariums and a number of historical sites. Amusement parks are located in Los Gatos, Gilroy, Willow Glen, Santa Clara and East San Jose. For the nature enthusiasts, there are more than twenty-two national and state parks in the area, with hiking trails and amazing views of the Valley. Silicon Valley luxury homes offer the most convenient location in California, right in the heart of it all.

Silicon Valley luxury homes may not have basements and may cost a pretty penny, but the close proximity to everything and the many high-salaried jobs keep residents plentiful. Sale prices on Silicon Valley luxury real estate have dropped considerably over the years, making it a great time to buy.


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Saving Time and Money Working with a Real Estate Buyer’s Agent

Posted by admin | Posted on 30-12-2010

Category : Region IV

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Saving Time and Money Working with a Real Estate Buyer’s Agent

In residential real estate transactions, sellers commonly take pains to interview and to select a Realtor.

They will talk to friends, get referrals, ask for references, and generally interview prospects. Buyers, on the other hand, tend to just respond to an ad, as if “University Park homes for sale” tells them anything they need to know about the professional with whom they will be doing business. By the way, University Park is a leading suburb surrounding Southern Methodist University in Dallas, Texas.

What Real Estate Homes For Sale Ads Don’t Tell You

Let’s continue this example … that advertisement for homes for sale in University Park, will most likely contain a nice set of photos, a brief summary of the property’s major amenities, and a stated asking price.

Certainly, those things are important and “eye catching” in making a buyer want to actually see the listing. There are many important things, however, to which that ad copy does not speak about the actual Realtor you would be working with, including the:

- education and training,

- market experience,

- professional focus,

- ethics practices,

- and area knowledge

If all you do as a buyer is answer an ad, you are going into an important and potentially expensive transaction essentially blind. The situation is made even more complex if the buyer is relocating to Dallas from another part of the country.

The Most Successful Transactions Involve Two Agents

The most successful real estate transactions are those in which each side is represented by its own professional: the listing agent for the seller and the buyer’s agent for the buyer. That way, each side has its own professional representing their interest.

The listing agent is interested in selling you their client’s house. Let me repeat that part: their client’s house. The buyer’s agent will go farther in helping the consumer to understand the implications of buying a particular property. The buyer’s agent has much ore incentive to point out both pros and cons of a particular property.

If they are a good agent, they’re interested in the long-term interests of their client. Thinking long-term is the way to build a real estate business and generate referrals from satisfied and grateful clients.

Buying a piece of residential property is likely the largest purchase most individuals will ever make in their lives. It means buying not just a home, but buying into the community in which that home is situated. A decision of that magnitude deserves — in fact, cries out for — the highest level of professional expertise and consultation at your disposal.

Buyer’s Agents Work On Your Behalf

Buyer’s agents protect the broader interests of their clients by helping them to understand:

- current market values,

- long-term investment potential,

- the implications of relocation,

- and, perhaps most importantly, the nuances of location, both in the immediate neighborhood adjacent to the property and in the broader surrounding community.

That University Park real estate ad, for instance, will not tell the buyer they are considering moving to:

- the top suburb in Dallas/Fort Worth according to D Magazine in 2002, 2004, and 2008,

- an area served by the seven campuses of the Highland Park Independent School District, all with “Exemplary” ratings from the Texas Department of Education,

- neighborhoods situated five miles from downtown Dallas that are highly regarded for quality of life issues,

- or that University Park houses carry a relatively low tax rate when weighted against some of the highest long-term property values in the city.

You most certainly care how many bedrooms and bathrooms the house has, but you care as much or more about the value of your investment and the quality of life you and your family will enjoy in and around your new home.

Realtors Are The Licensed Professionals

This deeper level of purchase consultation comes out of confidential discussions with a real estate professional who seeks to meet the client’s:

- needs,

- tastes,

- and budget.

While the vast majority of Realtors sometimes work with buyers or sellers, most have a specialty. For the buyer, the question becomes a simple matter of:

- Do I want to work exclusively with someone who is trying to sell me something?

Or…

- Do I want to work with someone who is going to help me buy the property that best matches my personal situation?

Consumers interested in buying a home should exercise the same degree of care in selecting a Realtor they would apply to the search for any other professional. Find a knowledgeable member of the real estate profession who will protect your interests and those of your family and who will help you to spend your money wisely and well.

Qualities To Look For In A Realtor

You want a Realtor who:

- fully understands both sides of the transaction process,

- does not engage in high pressure tactics over supplying real, useful information,

- actively assists clients in researching ALL available listings that meet buyer criteria,

- and who will inform you about the long-term implications of properties in which you are interested. If you are going to relocate to Dallas, you also need an agent who understands the special needs of those relocating to Texas.

Finally, buyers want and need a Realtor with excellent communications skills who is easily reached at any point in the search for or purchase of a property. A buyer’s agent is not a luxury in the search for “real estate for sale in University Park,” that professional is a necessity.

article submitted on behalf of author Darrell Self.

Are you buying or leasing a home in Dallas | Fort Worth Texas (DFW)? Darrell Self can help you if you’re shopping for University Park TX homes for sale or relocating to Dallas Fort Worth in the future. Visit DMD Realty DFW.com and browse ALL the homes for sale (and ALL the lease homes) listed in the MLS on 1 website … no registration required.


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The Great American Real Estate Giveaway

Posted by admin | Posted on 27-12-2010

Category : Region V

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The Great American Real Estate Giveaway

As the media reminds us on an almost daily basis, many sectors of the real estate market are in the midst of one of worst adjustments since the Great Depression. This is evidenced by the most recent California Association of Realtors (CAR) publication on existing home sales which reported a price decline in the median selling price of 35.3% from a year earlier. During the worst 12 month period during the Great Depression U.S. housing prices fell by a less dramatic 10.5%. For investors with high tolerance for risk, it may now be time to embrace the timeless proverb “buy low – sell high” and start sifting through the wreckage for bargains. And while bargains exist, they are not available universally across all locations or property types. Investors must know where to look, have proper guidance and understand the proper methods for valuation. The sectors with the most opportunity are single family residential properties (SFRs) in class B or B-minus locations of suburbs outside major metropolitan areas. Properties in many metropolitan markets have adjusted very little, while towns in extended metropolitan areas (MSAs) have deteriorated acutely.

Using the San Francisco MSA as an example, CAR statistics released for June 2008 indicate a year over year decline of 4.3% for San Francisco proper. Comparatively, the median selling price in Vallejo, California, a suburb about 30 miles outside of San Francisco, has decreased a much more dramatic 37.3% year over year. Vallejo is still accessible to San Francisco via public transportation including frequent commuter bus routes, Ferry access, casual car-pool access and BART access from the Richmond, California station. Furthermore the statistics do not fully reflect the willingness of banks and distressed sellers to negotiate on a case by case basis in these markets. As an example, one of our investors is currently purchasing a SFR in Vallejo for 4,500. In this instance the property is being acquired for a 65% discount relative to the implied valuation on June of 2007 (based on comparable sales from First American Title Company). Although this 65% discount is tantalizing it should not be a deciding factor in the decision to purchase the property.

Using a discount to market value approach is a fools approach to valuation at this point in the current environment, because it assumes that historical prices were rational. A discount to market value won’t pay the mortgage and it doesn’t ensure that the home will be affordable to prospective buyers when an investor is ready to sell. Investors should alternatively use an income approach or an affordability approach to valuation.

For example, consider the Vallejo property discussed previously. From an income approach (assuming a 30% down-payment), the cash on cash return is about 11.6% per year and the cap rate is 9.54%. From an income standpoint this is an attractive cash yield. It handily exceeds the national average money market rate of 2.99% annual percentage rate and the 2.90% average dividend yield for S&P 500 non-zero dividend stocks. This additional return offers substantial compensation for the additional risk and management responsibilities required for this investment.

From an affordability standpoint the medium household income in the zip code is ,030 per year. Most lender underwriting guidelines consider that 28-33% of household income is an allowable limit for housing related expenses (rent or mortgage plus taxes and insurance). Using this guideline as a benchmark, the average household in this zip code can afford ,000 per year (,250 per month) toward housing related expenses. The mortgage payment for the Vallejo property will be approximately 0 plus monthly expenses of 0 (taxes, insurance, and repairs/maintenance) which is comfortably below the affordability implied limit of ,250 per month. Assuming a 90% loan to purchase price and a 7.0% fixed rate mortgage, this property could be purchase by the median household for up to 2,000. This represents a 70% premium to the purchase price of 4,500. As a cautionary note, valuation based on affordability won’t guide market values until the mortgage market returns historical underwriting guidelines. Further details of this transaction are posted on our website www.unitedinvestors.com >> education center >> sample property.

Brian Topley, CCIM is Chief Investment Officer of United Investors real estate investment advisors based in San Francisco, CA. United Investors advises individual and institutional investors in the purchase, leasing, management and disposition of bank owned/foreclosure properties. He may be reached at www.unitedinvestors.com or (415) 274-2521.


This information is intended merely to be a general discussion, not deemed to be investment or legal advice. Real estate investments are not suitable for all investors and involve significant risks. Individual investors should consult their tax advisor, CPA, and financial advisors prior to making any investment decisions.


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Investment in Mohali Real Estate

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Investment in Mohali Real Estate

Investment in Mohali Real Estate


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Home Page > Finance > Real Estate > Investment in Mohali Real Estate

Investment in Mohali Real Estate

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Posted: Jan 25, 2010 |Comments: 0
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Investment in Mohali Real Estate

By: Deepika Bansal

About the Author

Deepika Bansal writes on behalf of http://www.99acres.com, which is an internet portal dedicated to meet every aspect of the consumers needs in the real estate industry. It is a forum where buyers, sellers and brokers can exchange information, quickly, effectively and inexpensively. At 99 acres, you can advertise a property, search for a property and browse through Chandigarh Real Estate and Properties.

(ArticlesBase SC #1778887)

Article Source: http://www.articlesbase.com/ – Investment in Mohali Real Estate





Chandigarh Tricity or Chandigarh Capital Region is formed by cities of Mohali, Panchkula and Chandigarh. It is an upcoming tier-II city located adjacent to West Chandigarh. It is almost an extension to Chandigarh but is now developed as a separate city. After Chandigarh real estate, the investment in Mohali real estate is the most favorable option. Major Indian property developers and property buyers are penetrating into the booming potential of Mohali real estate market.

 

Indian real estate developers are now developing residential and commercial sectors in Mohali. The commercial advancement in the city is conducive to the emergence of residential sector. With flourishing residential market, the rates of property have also been upped manifolds.

 

Also, there are a number of corporate companies setting up their offices in Mohali like Convergys, Infotech, etc. and other IT industries. It also houses state owned companies like PTL (Punjab Tractor Limited) along with leaders like Godrej Group and ICI Paints. Multinational giants like Dell, Quark, Philips, etc are also marking their presence in the city. These business leaders employ highly paid professionals who then need accommodation and can pay higher rents. This has impacted the residential market and has resulted in doubling or even trebling the property prices.

 

Mohali offers some of the best colleges in education industry across all sectors like engineering and technology, hotel management, pharmacy, etc. Students from nearby areas such as Chandigarh, Delhi, UP, etc come to study in colleges like Chandigarh College of Education for Women (CCEW), Chandigarh Engineering College (CEC), Chandigarh College of Pharmacy (CCP), NIPER, CCHM, MSKCON, SASIITR, SUSCET, C-DAC and many more. This has also added to the demand for houses and apartments in Mohali. The deficit in supply has resulted in hike in property rates and rents.

 

Another reason for the increase in rates of property in Chandigarh is that influential real estate developers like TDI, Unitech, Emmar-MGF, etc. have been actively participating in building property in Mohali. Secondly, the boost in industrial investment generated the need for world class infrastructure and state-of-the-art amenities. The city of Mohali is witnessing development in commercial, hospitality and healthcare sectors as well with opening up of various malls, hotels and hospitals. The entertainment sector in Mohali would soon see a Megaplex coming up by Adlabs cinemas, a Reliance ADAG venture. With incessant development across all sectors in Mohali, the recorded rise in property rates vary from 50-150 percent.

 

Punjab Cricket Association (PCA) has established a highly modernized cricket stadium in Mohali. Apart from Punjab Cricket team, it has given birth to Indian national players like Harbhajan Singh, Yuvraj Singh, Dinesh Mongia and others. This swanky stadium with high class amenities is also among one of the reasons for growing property prices.

There is a lot more happening on investment front in Mohali with innumerable home buyers including traders, employers, residents and NRIs putting in their money in residential property. The well planned and highly pleasing architecture of Mohali augments the growth of its real estate market.

 

The tremendous increase in Chandigarh property rates would be further elevated by huge projects like Mohali Hills by Emaar MGF, Golf Links by Ansal API, Pearls City by Pearl Infrastructure, etc. Not only this, Unitech and Taneja Developers along with other top notch developers are taking interest in pumping money in Mohali. Other projects in pipeline include senior secondary schools, independent villas, health clubs, recreation centers, five-star hotels, hospitals, etc.

 

Quark has built QuarkCity in Mohali with a residential and shopping complex, SEZ, medical, entertainment and educational districts over 51 acres of land. It is expected to generate more than one lakh direct and indirect jobs.

Mohali Hills, the mega project undertaken by Emaar MGF is a signature project of over Rs. 16,000 crores. It is a first ever integrated township in Punjab and aims at developing luxury villas, residential plots, shopping malls, recreational centers, education and healthcare zones, offices and IT Parks.

Ansal API and Pearl Infrastructure are working on an integrated township, Golf Links and Pearls City respectively. Taneja Developers is planning a 200-acre township in the city.

 

Mohali real estate market is thus booming in its full swing and presents large number of opportunities for both property buyers and developers. It has currently become one of the most promising markets to invest in.

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(ArticlesBase SC #1778887)

Deepika Bansal -
About the Author:

Deepika Bansal writes on behalf of http://www.99acres.com, which is an internet portal dedicated to meet every aspect of the consumers needs in the real estate industry. It is a forum where buyers, sellers and brokers can exchange information, quickly, effectively and inexpensively. At 99 acres, you can advertise a property, search for a property and browse through Chandigarh Real Estate and Properties.

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