real estate
Is Your Housing Market One of the 10 Worst?
Wednesday, August 10th, 2011 | Foreclosures, Pre-foreclosure, Real Estate Investing | No Comments
It seems like demand for housing has just run out in some housing markets. While 18 of the top 20 housing markets have begun to improve, other places like Boston and Washington are holding steady. Foreclosures are high. We’re still trying to recover from the robo-signing scandal. More houses are on the brink of hitting the foreclosure market, sitting vacant. When talking about markets where the housing situation is worst, you’ll find cities that were being hit hard many years ago. Housing prices have been falling sharply, vacancy rates have risen consistently while the demand for housing decreases. These also tend to be large, older cities like Dayton, Detroit and Atlanta. But what, according to a study conducted by 24/7 Wall Street, are the ten worst?
10. Oklahoma City, OK – Vacancy rate of 5.2%, rental vacancy 9.6%, unemployment 4.9%
9. St. Louis, MO – Vacancy rate3.3%, rental vacancy 11.4%, unemployment 8.6%
8. Kansas City, MO – Vacancy rate 3.7%, rental vacancy 11%, unemployment 8.4%
7. Detroit, MI – Vacancy rate 2.4%, rental vacancy 17.2%, unemployment 11.6%
6. Dayton, OH – Vacancy rate 4.7%, rental vacancy 10.7%, unemployment 9.3%
5. Baton Rouge, LA – Vacancy rate 3.9%, rental vacancy 13%, unemployment 8.4%
4. Atlanta, GA – Vacancy rate 5.4%, rental vacancy 11.8%, unemployment 9.7%
3. Memphis, TN – Vacancy rate 4%, rental vacancy 13.5%, unemployment 10.1%
2. Indianapolis, IN – Vacancy rate 5.2%, rental vacancy 13.5%, unemployment 7.8%
1. Tucson, AZ – Vacancy rate 6.8%, rental vacancy 15.9%, unemployment 7.8%
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Home Sales Weakest in 13 Years
Wednesday, August 3rd, 2011 | Real Estate Investing | No Comments
Existing home sales are on pace to hit the weakest level in 13 years, if the first half of this year is any indication. Sales numbers fell again in June by .8%, following a weak Spring, according to the National Association of Realtors. The news has been the same for four out of the past five years. The most recent decline represents the lowest number since November, and is the result in an upswing in cancellations of pending contracts. Last year only 4.91 million homes were sold and we’re behind that pace already. We’re not out of the woods yet.
Right now, the percentage of Americans who own their home is at 65.9%; the lowest rate on record is 62.9% in 1965. In 2004, the high was 69.2%. Families are losing their homes to foreclosure, unemployment and strict mortgage requirements. Home equity values continue to fall.
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Homebuilder Confidence Slowly Rising
Wednesday, March 16th, 2011 | Real Estate Investing | No Comments
Even though the signs may be weak, there are indicators that confidence is on the upswing among homeowners and the home buying public. Here’s proof of a glimmer:
Homebuilders’ pessimistic outlook improved slightly this month, but it remains dim amid falling home prices and a weak pace of construction. The National Association of Home Builders said Tuesday that its index of industry sentiment for March improved slightly to 17. That’s the first gain in five months, after four straight readings of 16. Any reading below 50 indicates negative sentiment about the market. The index hasn’t been above that level since April 2006.
Last year was the worst in more than a decade for sales of previously owned homes and the worst for new-home sales in nearly a half-century. Still, the March reading is the highest for the builder index since last May, when it reached 22. The spring season is traditionally the best for home sales.
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REVEALED : Brand New Real Estate Strategy
Monday, October 4th, 2010 | Foreclosures, Pre-foreclosure, Real Estate Investing, Real estate short sales, Short Sales | No Comments
I just posted a brand spankin’ new video you have to watch right now:
Check it out here!
http://www.strategicrealestatecoach.com/new-video/
I’ve found an absolute killer way to get MOTIVATED seller leads…
- FAST
- Cheap (just pocket change),
- and WITHOUT ANY EFFORT on your part!
You can use this simple tactic IMMEDIATELY and GETS RESULTS.
You’ll get LEADS in “30 Minutes or Less!”
Watch the video to see it for yourself:
http://www.strategicrealestatecoach.com/new-video/
Best,
Josh Cantwell
This Can Change The Way You Think And Work
Thursday, September 23rd, 2010 | Foreclosures, Real Estate Investing, Real estate short sales, Short Sales | No Comments
I wanted to send you a quick reminder about tonight’s training call.
If you haven’t registered, you’re going to want to do so right now:
On the call I’ll reveal how to become my “Apprentice Partner” in your local area where you help find a deal – using my proven strategies, and my experts do all the heavy lifting to negotiate, fund, close, and sell the deal.
Then we split the upside of the deal 50/50.
I’ll also be sharing my 33 unique ways to find deals, 17 ways to sell the houses you find, and 9 ways profit. This is the very same automated system I use to cash a check from a deal every 4.2 days.
Follow these steps I share tonight and you’ll be on your way to making $5,000 in the next 30 days, and start making as much as $100,000 (or more) a month in real estate without using your money, credit and with no previous experience.
The call starts promptly TONIGHT at 8:30 PM Eastern / 5:30 PM Pacific.
Follow the link below to register:
And you won’t want to miss out on my new “SOS” that accelerates and triples the number of deals you do each month. This is proprietary and patented stuff that you won’t see anywhere else.
See you tonight.
Josh
Special invitation: an easier way to invest in real estate
Tuesday, September 21st, 2010 | Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
Imagine if this was your real estate deal…
- The bird dog brings you the potential short sale property with massive potential.
- Expert negotiators work with banks to get the short sale approved – totally done for you.
- The transaction is funded by someone else’s money.
- The real estate agent then sells the property on your behalf.
- You cash the check.
How simple is that?
Well this is exactly what one of my students in South Florida recently did using my completely automated and proven system to make $5,000 – $100,000 or more per month in real estate… hands-off, without money, credit or any previous experience.
I have more than 76 recent deals just like this one I’d like to show you.
Join me on a special webinar training this Thursday night where I’ll reveal how my experienced team and I will even do the work to help you find, negotiation, fund and flip the deals – then YOU and I split the profits.
The training call is Thursday, Sept. 23 at:
8:30 PM Eastern
7:30 PM Central
6:30 PM Mountain
5:30 PM Pacific
Register for the call here: www.webinarswithsrec.com
Here’s just some of what you can expect to learn on Thursday’s training call:
- How you can make $5,000 in the next 30 days, and start making up to $100,000 or more per month in real estate without using your own money, credit and with no previous experience.
- How I went from broke financial planner working 60 – 80 hours a week living paycheck to paycheck to financially independent in just two years… and how you can follow my proven system to shortcut the process.
- 33 unique ways to find foreclosure deals, 17 ways to sell the houses fast, and 12 ways profit from each deal. This is the very same automated system I use to cash a check from a deal every 4.2 days.
- You’ll see over 76 recent deals, and how we made money from them. And 19 students who’ve made $1.65 million on recent deals.
- My patented “SOS” System that will triple the number of deals you do each month without any extra work. (And if you’re stuck on your first one, this will accelerate the process.)
- An easy way to tap into a nationwide database of cash buyers, hungry for your properties. These are people who have bought properties CASH in the past 30 days and are ripe for buying your houses for cash.
- The software system I use to run the whole business for me.
- How I syndicate my properties out to over 68 different websites with the click of a mouse getting massive internet traffic from buyers to my houses.
- Access to over $1 MLLION dollars to fund your deals.
- How to become my “Apprentice Partner” in your local area where you help find a deal – using my proven strategies, and my experts do all the heavy lifting to negotiate, fund, close, and sell the deal. – Then we split the profits 50/50… sound fair?
- And much more!
Space on the call is limited, register now at www.webinarswithsrec.com
Talk soon,
Josh
P.S. My partner Jeff Watson (America’s Top Short Sale Lawyer) and I have been the “go-to-guys” for top industry trainers, and have taught our systems to some of the biggest real estate investors today. Here’ what some of them have to say:
“I would never be where I am today without Josh’s system and coaching program.” - Nathan Jurewicz – SHORT SALES RICHES
“Josh’s system makes me a minimum of an extra $15k to $20k per month.” - Jason Medley – IVISIONARY FINANCIAL
“If I had this system 5 years ago, our business would be DOUBLE where it is today… It’s the most powerful business system on the Planet.” -Than Merrill – STAR OF A&E’s FLIP THIS HOUSE
Register for the webinar this Thursday night at 8:30 PM Eastern and discover firsthand what these experts are talking about.
Let’s get real honest today, I’m requesting your feedback please
Sunday, September 19th, 2010 | Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
Our economy sucks right now for a lot of people. It’s unfortunate but times have gotten tough for some really close friends of mine. Some friends are killing it but not everyone.
So here’s what I’m doing. I’m going to figure out all the current issues, challenges and problems that “REAL” real estate investors are facing right now. I’m talking about people who are on the “streets” actually doing it.
So if you are a “real” real estate investor, you are active, done some deals and made money ,I need your help. If you are a “player” in the real estate game in your area or want to be, do me a favor and just tell me what your biggest challenges, hurdles, and obstacles are that you are facing right now.
Click this link www.topcashflowinvestor.com/blog and leave your comments.
Then Watson, my team and I will figure out as many solutions as we can and give them to you as soon as we can.
Here are some of the challenges I have faced or know others are facing as we speak:
Seller lead generation, buyer lead generation, negotiating with sellers and getting contracts, watch too much TV, cash flow, funding, you are bored, selling houses, title companies, negotiating, rentals, cash flow, you need more education, you need a kick in the a**, your job gets in the way, you have 8 kids like Kate and have no free time, cash flow, you buy every course from every webinar but have trouble implementing, seasoning, your websites suck and don’t drive in any leads, etc.
Be honest with me, I appreciate you,
Josh, Watson and the SREC team
Give us your honest feedback and then we’ll work together to get you all the solutions we can.
Final Replay Of Watson’s Historic GSE Reform Update
Sunday, September 12th, 2010 | Foreclosures, Pre-foreclosure, Real Estate Investing, Real estate short sales | No Comments
Good Morning,
I’m looking forward to a nice Sunday relaxing with my family, and maybe catching a football game, too! I wanted to make sure you knew about tonight’s special replay of Jeff Watson’s historic GSE reform update webinar. It starts at 8:30pm Eastern, 5:30 Pacific.
Click here to register.
Thursday’s webinar was full to capacity – in fact we had to open up extra spaces to accommodate everyone! So don’t wait to the last minute to register, do it now.
What they have to share directly impacts you as a real estate investor and as a homeowner, as a result of closed-door meetings happening in Washington D.C. The decisions will directly impact how we buy and sell real estate – it will change forever.
Jeff and John are on the inside and are active advocates for the rights of real estate investors. Get on this call to hear their incredible insights.
Again, this is your last chance. The call is tonight at 8:30pm Eastern, 5:30pm Pacific.
Have a great Sunday,
Josh
Plan to Help Underwater Homeowners Launched
Friday, September 10th, 2010 | Bank owned, Foreclosures, Real Estate Investing | No Comments
Will this program finally make a difference? The government is trying to jump-start its so-far weak attempts to tackle the foreclosure crisis by trying to help homeowners who owe more on their homes than they are worth. The Federal Housing Administration will allow lenders to give these borrowers refinanced loans if the lender agrees to forgive at least 10% of the original mortgage amount. The plan, which was announced in March, is being made available starting today. The FHA estimates that between 500,000 and 1.5 million homeowners are projected to be helped. However, the government’s previous efforts to stem foreclosures have fallen far short of expectations. Analysts at Barclays Capital estimated last month that the refinancing program would only benefit 200,000-300,000 homeowners. As of the end of June, there were 11 million U.S. homes, or 23% of those with a mortgage with underwater mortgages, according to real estate data provider CoreLogic.
Colleges Go on Real Estate Buying Spree
Friday, September 10th, 2010 | Real Estate Investing | No Comments
Colleges are starting to get into the real estate game now more than ever. Like private investors, they are taking advantage of low, sometimes fire-sale prices to gobble up real estate surrounding their existing campuses. It’s a way for the schools to plan for their long-term futures, and take advantage of some great deals. Even if the real estate is not used immediately, it’s either being incorporated into long-term planning or being leased to outside businesses as an extra source of revenue. It’s happening all over the country, in big cities like New York (Columbia University amassed 17 acres of Manhattan’s Upper West Side from 2002-2009) and small towns like Dayton, OH (snapping up the former MCR world headquarters for $18 million). The schools are counting on future growth to make sure their purchases are good investments. In many cases, taking over existing, empty real estate and commercial space is cheaper than building from scratch.
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