More News on the Housing market
The American home is shrinking. Toll the bell for the McMansion. This new article from CNN Money is enlightening laying out recent Census Bureau data. ________ After years of growth, the Census Bureau recently reported that median new home size fell to 2,135 square feet in 2009 after peaking at more than 2,300 earlier in the decade. "Home buyers are asking for less, cutting back [Read more...]
The Case Against Homeownership By Barbara Kiviat at Time Magazine
The following article is telling and somewhat repetitive of the them I've been adding here so frequently the last few months. Interestingly, when I began writing about this in the spring, these stories were absent in the media. No one was talking about what was so obvious. Now, articles about the issues of home ownership are in the news daily. Much of the time, there are several [Read more...]
Housing Sales Plunge in July – What Does It Mean?
Check Out this CNN Financial Article. The author sees new lows for housing, but no fall into a 2nd recession. I think housing may take a harder fall than this author projects, but agree with the logic as far as it goes. Plunging home sales could sink recovery By Hibah Yousuf, staff reporterAugust 24, 2010: 4:03 PM ET NEW YORK (CNNMoney.com) -- With home sales plunging to their [Read more...]
The New York Times Weighs In On Homeownership
By David Streitfeld Housing will eventually recover from its great swoon. But many real estate experts now believe that home ownership will never again yield rewards like those enjoyed in the second half of the 20th century, when houses not only provided shelter but also a plump nest egg. The wealth generated by housing in those decades, particularly on the coasts, did more than [Read more...]
The Numbers Say No to a Double Dip Recession
Investors are unsure of future trends. American consumers pulled $33 billion out mutual funds last month because of uncertainty. The opportunity and risks are hard to understand. However, the spread between short term and long term bonds suggest a very low probability of a new recession -- less than 20%. The spread between the short term and long term bond is normally a reliable [Read more...]
New Homes Sales Graph Tells Many Tales
The graph of new homes sales from 1963 to present tells an interesting tale. The point that stands out in my mind is that the graph climbed ever upward for approximately 13 year period. Coincidentally, the Baby Boomers were were born from 1945 to 1964 in the United States and this 13 year period would describe the generations ever growing need for new homes. While the echo boom is much the [Read more...]
This CNN Money Article Offers “New Normals” in America
Five 'new normals' that really will stick CNN Money – August 21, 2010 This article from Fortune offers hints that may help you find better investments and may lead to a new world of investors for principals. I hope you enjoy this article as much as I. By Nin-Hai Tseng, reporterAugust 20, 2010: 1:13 PM ET FORTUNE -- Whenever we go through a major change in our culture, it seems we [Read more...]
We Are Planning to Merge with / Become an Investment Club
We've provided a lot of information, but feel we aren't serving you as well as we can. Because of this over the coming months we intend to merge with an investment club. This plan is based on accomplishing the following: Providing you a monthly forum to interact live with our team about investment issues. Offering you an investor network centered on one of the most vibrant investment [Read more...]
Housing Market Trends – New Report
2010 continues to be full of interesting news for those of us in the rental business and especially multifamily. Here are facts to get your attention: 50% of new household formed over the next decade will be multifamily. Please note that this is multifamily and not rental alone. By the end of the decade home ownership will be less than 62% down from 69% in 2005. 77% of Gen Y / Echo [Read more...]
More Cash… Cash In On Your Property
The following article is a great bookend to Urbane's new shuttle service and it just may put a little cash in your coffers to boot! AOAA Offers this great blog on potential revenue opportunities for our properties.'' 8 Ways to Make More Money by Gary Zaremba You need more money. The rent roll doesn’t cut it and the banks won’t return your phone calls. Before the ulcers set [Read more...]











