Gay Real Estate News

Manhattan Real Estate Update: Positive Changes

By Jeff Adolph

Residential Real Estate

A decline in the number of homes on the market in Manhattan, and increased sales activity, are positive signs that the down trodden real estate market in this region is beginning to recover.

 

Sofia Kim, vice president of research for StreetEasy.com, a real estate information website said, 'Things are stabilizing,' when asked about the market in Manhattan.

 

According to a report released by Miller Samuel, an appraisal firm for Prudential Douglas Elliman, Manhattan real estate prices are up by 0.8% from last quarter and the average sales price is hovering around the $1.32 million mark.

 

However, the median price for a one-bedroom apartment currently stands at $645,000, 11.3% cheaper than this time last year. Three-bedroom apartments have a median price of 40.7% less, which stands at $2.25 million, when compared to this time last year.

 

Overall sales  for the quarter hit 2,230, a 45.6% rise when compared with the previous quarter, and the size of the sales inventory fell by 5.7%. All of which, point to a strengthening market with positive changes.

Article Source: Furman, Phyllis (2009) Corner Could be Turned: Manhattan Real Estate Sales Stabilizing; available online at http://www.nydailynews.com

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By Jeff Adolph

Residential Real Estate

A decline in the number of homes on the market in Manhattan, and increased sales activity, are positive signs that the down trodden real estate market in this region is beginning to recover.

 

Sofia Kim, vice president of research for StreetEasy.com, a real estate information website said, 'Things are stabilizing,' when asked about the market in Manhattan.

 

According to a report released by Miller Samuel, an appraisal firm for Prudential Douglas Elliman, Manhattan real estate prices are up by 0.8% from last quarter and the average sales price is hovering around the $1.32 million mark.

 

However, the median price for a one-bedroom apartment currently stands at $645,000, 11.3% cheaper than this time last year. Three-bedroom apartments have a median price of 40.7% less, which stands at $2.25 million, when compared to this time last year.

 

Overall sales  for the quarter hit 2,230, a 45.6% rise when compared with the previous quarter, and the size of the sales inventory fell by 5.7%. All of which, point to a strengthening market with positive changes.

Article Source: Furman, Phyllis (2009) Corner Could be Turned: Manhattan Real Estate Sales Stabilizing; available online at http://www.nydailynews.com

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© 2006+ Jeff Adolph GayRealEstate USA

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By Jeff Adolph

Residential Real Estate

A decline in the number of homes on the market in Manhattan, and increased sales activity, are positive signs that the down trodden real estate market in this region is beginning to recover.

 

Sofia Kim, vice president of research for StreetEasy.com, a real estate information website said, 'Things are stabilizing,' when asked about the market in Manhattan.

 

According to a report released by Miller Samuel, an appraisal firm for Prudential Douglas Elliman, Manhattan real estate prices are up by 0.8% from last quarter and the average sales price is hovering around the $1.32 million mark.

 

However, the median price for a one-bedroom apartment currently stands at $645,000, 11.3% cheaper than this time last year. Three-bedroom apartments have a median price of 40.7% less, which stands at $2.25 million, when compared to this time last year.

 

Overall sales  for the quarter hit 2,230, a 45.6% rise when compared with the previous quarter, and the size of the sales inventory fell by 5.7%. All of which, point to a strengthening market with positive changes.

Article Source: Furman, Phyllis (2009) Corner Could be Turned: Manhattan Real Estate Sales Stabilizing; available online at http://www.nydailynews.com

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© 2006+ Jeff Adolph GayRealEstate USA

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By Jeff Adolph

Residential Real Estate

A decline in the number of homes on the market in Manhattan, and increased sales activity, are positive signs that the down trodden real estate market in this region is beginning to recover.

 

Sofia Kim, vice president of research for StreetEasy.com, a real estate information website said, 'Things are stabilizing,' when asked about the market in Manhattan.

 

According to a report released by Miller Samuel, an appraisal firm for Prudential Douglas Elliman, Manhattan real estate prices are up by 0.8% from last quarter and the average sales price is hovering around the $1.32 million mark.

 

However, the median price for a one-bedroom apartment currently stands at $645,000, 11.3% cheaper than this time last year. Three-bedroom apartments have a median price of 40.7% less, which stands at $2.25 million, when compared to this time last year.

 

Overall sales  for the quarter hit 2,230, a 45.6% rise when compared with the previous quarter, and the size of the sales inventory fell by 5.7%. All of which, point to a strengthening market with positive changes.

Article Source: Furman, Phyllis (2009) Corner Could be Turned: Manhattan Real Estate Sales Stabilizing; available online at http://www.nydailynews.com

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© 2006+ Jeff Adolph GayRealEstate USA

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By Jeff Adolph

Residential Real Estate

A decline in the number of homes on the market in Manhattan, and increased sales activity, are positive signs that the down trodden real estate market in this region is beginning to recover.

 

Sofia Kim, vice president of research for StreetEasy.com, a real estate information website said, 'Things are stabilizing,' when asked about the market in Manhattan.

 

According to a report released by Miller Samuel, an appraisal firm for Prudential Douglas Elliman, Manhattan real estate prices are up by 0.8% from last quarter and the average sales price is hovering around the $1.32 million mark.

 

However, the median price for a one-bedroom apartment currently stands at $645,000, 11.3% cheaper than this time last year. Three-bedroom apartments have a median price of 40.7% less, which stands at $2.25 million, when compared to this time last year.

 

Overall sales  for the quarter hit 2,230, a 45.6% rise when compared with the previous quarter, and the size of the sales inventory fell by 5.7%. All of which, point to a strengthening market with positive changes.

Article Source: Furman, Phyllis (2009) Corner Could be Turned: Manhattan Real Estate Sales Stabilizing; available online at http://www.nydailynews.com

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By Jeff Adolph

Residential Real Estate

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The Residential and Commercial Real Estate Crossroad

By Jeff Adolph

Residential Real Estate

In a recent government report, released in August, it was revealed that while commercial construction was continuing to decrease, residential construction is increasing.

The Commerce Department's construction report states that 'private residential construction rose by 4.7%' and that nonresidential and public construction fell by 0.1% and 1.1% respectively. However, overall spending on construction had risen by 0.8%.

This news is definitly positive, especially when residential construction is expected to contribute to GDP growth during the third quarter of 2009, and well into 2010.

Article Source: Lereah, David (2009) Residential and Commercial Real Estate Headed in Different Directions; available online at http://www.upi.com

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© 2006+ Jeff Adolph GayRealEstate USA

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By Jeff Adolph

Residential Real Estate

In a recent government report, released in August, it was revealed that while commercial construction was continuing to decrease, residential construction is increasing.

The Commerce Department's construction report states that 'private residential construction rose by 4.7%' and that nonresidential and public construction fell by 0.1% and 1.1% respectively. However, overall spending on construction had risen by 0.8%.

This news is definitly positive, especially when residential construction is expected to contribute to GDP growth during the third quarter of 2009, and well into 2010.

Article Source: Lereah, David (2009) Residential and Commercial Real Estate Headed in Different Directions; available online at http://www.upi.com

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© 2006+ Jeff Adolph GayRealEstate USA

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By Jeff Adolph

Residential Real Estate

In a recent government report, released in August, it was revealed that while commercial construction was continuing to decrease, residential construction is increasing.

The Commerce Department's construction report states that 'private residential construction rose by 4.7%' and that nonresidential and public construction fell by 0.1% and 1.1% respectively. However, overall spending on construction had risen by 0.8%.

This news is definitly positive, especially when residential construction is expected to contribute to GDP growth during the third quarter of 2009, and well into 2010.

Article Source: Lereah, David (2009) Residential and Commercial Real Estate Headed in Different Directions; available online at http://www.upi.com

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© 2006+ Jeff Adolph GayRealEstate USA

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By Jeff Adolph

Residential Real Estate

In a recent government report, released in August, it was revealed that while commercial construction was continuing to decrease, residential construction is increasing.

The Commerce Department's construction report states that 'private residential construction rose by 4.7%' and that nonresidential and public construction fell by 0.1% and 1.1% respectively. However, overall spending on construction had risen by 0.8%.

This news is definitly positive, especially when residential construction is expected to contribute to GDP growth during the third quarter of 2009, and well into 2010.

Article Source: Lereah, David (2009) Residential and Commercial Real Estate Headed in Different Directions; available online at http://www.upi.com

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© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Residential Real Estate

In a recent government report, released in August, it was revealed that while commercial construction was continuing to decrease, residential construction is increasing.

The Commerce Department's construction report states that 'private residential construction rose by 4.7%' and that nonresidential and public construction fell by 0.1% and 1.1% respectively. However, overall spending on construction had risen by 0.8%.

This news is definitly positive, especially when residential construction is expected to contribute to GDP growth during the third quarter of 2009, and well into 2010.

Article Source: Lereah, David (2009) Residential and Commercial Real Estate Headed in Different Directions; available online at http://www.upi.com

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© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Residential Real Estate

In a recent government report, released in August, it was revealed that while commercial construction was continuing to decrease, residential construction is increasing.

The Commerce Department's construction report states that 'private residential construction rose by 4.7%' and that nonresidential and public construction fell by 0.1% and 1.1% respectively. However, overall spending on construction had risen by 0.8%.

This news is definitly positive, especially when residential construction is expected to contribute to GDP growth during the third quarter of 2009, and well into 2010.

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Residential Development for Profit

By Jeff Adolph

Residential Real Estate

If you have just bought a block of land, or own an existing block, and you are looking to develop this for a profitable return then you need to do your math before you start building to ensure that you don't over capitalize, or put too low an asking price on your property when it is complete.

Typically, you need to take the following aspects into consideration:

1) The projected revenue from the sale of your completed property;

2) The development costs of your property;

3)The cost of the land; and

4) Any other fees and charges, such as land tax etc.

For example - say you purchased a block of land for $175,000 and the cost to develop a 3-bedroom, 2-bathroom home of 1,600 square meters is approximately $165,000, which includes construction and any fees and taxes. Therefore, the total cost of the property once developed is $340,000. However, the projected resale price of the completed property based on appraisal values within the area is $520,000. Which means that you can expect to make a profit of $180,000 when you sell the home, or a profit margin of approximately 52%.

Most lenders look for a projected profit margin of 20-30% when they calculate the risk of backing a development, as this ensures that the risk is justifiable and it also takes into account any market fluctuation. Therefore, if your projected costs and profit margins are lower than 20% it may be advisable to consider another development, or for you to consider developing your land when the market is more favorable.

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© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Residential Real Estate

If you have just bought a block of land, or own an existing block, and you are looking to develop this for a profitable return then you need to do your math before you start building to ensure that you don't over capitalize, or put too low an asking price on your property when it is complete.

Typically, you need to take the following aspects into consideration:

1) The projected revenue from the sale of your completed property;

2) The development costs of your property;

3)The cost of the land; and

4) Any other fees and charges, such as land tax etc.

For example - say you purchased a block of land for $175,000 and the cost to develop a 3-bedroom, 2-bathroom home of 1,600 square meters is approximately $165,000, which includes construction and any fees and taxes. Therefore, the total cost of the property once developed is $340,000. However, the projected resale price of the completed property based on appraisal values within the area is $520,000. Which means that you can expect to make a profit of $180,000 when you sell the home, or a profit margin of approximately 52%.

Most lenders look for a projected profit margin of 20-30% when they calculate the risk of backing a development, as this ensures that the risk is justifiable and it also takes into account any market fluctuation. Therefore, if your projected costs and profit margins are lower than 20% it may be advisable to consider another development, or for you to consider developing your land when the market is more favorable.

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© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Residential Real Estate

If you have just bought a block of land, or own an existing block, and you are looking to develop this for a profitable return then you need to do your math before you start building to ensure that you don't over capitalize, or put too low an asking price on your property when it is complete.

Typically, you need to take the following aspects into consideration:

1) The projected revenue from the sale of your completed property;

2) The development costs of your property;

3)The cost of the land; and

4) Any other fees and charges, such as land tax etc.

For example - say you purchased a block of land for $175,000 and the cost to develop a 3-bedroom, 2-bathroom home of 1,600 square meters is approximately $165,000, which includes construction and any fees and taxes. Therefore, the total cost of the property once developed is $340,000. However, the projected resale price of the completed property based on appraisal values within the area is $520,000. Which means that you can expect to make a profit of $180,000 when you sell the home, or a profit margin of approximately 52%.

Most lenders look for a projected profit margin of 20-30% when they calculate the risk of backing a development, as this ensures that the risk is justifiable and it also takes into account any market fluctuation. Therefore, if your projected costs and profit margins are lower than 20% it may be advisable to consider another development, or for you to consider developing your land when the market is more favorable.

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Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

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© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Residential Real Estate

If you have just bought a block of land, or own an existing block, and you are looking to develop this for a profitable return then you need to do your math before you start building to ensure that you don't over capitalize, or put too low an asking price on your property when it is complete.

Typically, you need to take the following aspects into consideration:

1) The projected revenue from the sale of your completed property;

2) The development costs of your property;

3)The cost of the land; and

4) Any other fees and charges, such as land tax etc.

For example - say you purchased a block of land for $175,000 and the cost to develop a 3-bedroom, 2-bathroom home of 1,600 square meters is approximately $165,000, which includes construction and any fees and taxes. Therefore, the total cost of the property once developed is $340,000. However, the projected resale price of the completed property based on appraisal values within the area is $520,000. Which means that you can expect to make a profit of $180,000 when you sell the home, or a profit margin of approximately 52%.

Most lenders look for a projected profit margin of 20-30% when they calculate the risk of backing a development, as this ensures that the risk is justifiable and it also takes into account any market fluctuation. Therefore, if your projected costs and profit margins are lower than 20% it may be advisable to consider another development, or for you to consider developing your land when the market is more favorable.

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Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

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© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Residential Real Estate

If you have just bought a block of land, or own an existing block, and you are looking to develop this for a profitable return then you need to do your math before you start building to ensure that you don't over capitalize, or put too low an asking price on your property when it is complete.

Typically, you need to take the following aspects into consideration:

1) The projected revenue from the sale of your completed property;

2) The development costs of your property;

3)The cost of the land; and

4) Any other fees and charges, such as land tax etc.

For example - say you purchased a block of land for $175,000 and the cost to develop a 3-bedroom, 2-bathroom home of 1,600 square meters is approximately $165,000, which includes construction and any fees and taxes. Therefore, the total cost of the property once developed is $340,000. However, the projected resale price of the completed property based on appraisal values within the area is $520,000. Which means that you can expect to make a profit of $180,000 when you sell the home, or a profit margin of approximately 52%.

Most lenders look for a projected profit margin of 20-30% when they calculate the risk of backing a development, as this ensures that the risk is justifiable and it also takes into account any market fluctuation. Therefore, if your projected costs and profit margins are lower than 20% it may be advisable to consider another development, or for you to consider developing your land when the market is more favorable.

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© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Residential Real Estate

Typically, you need to take the following aspects into consideration:

1) The projected revenue from the sale of your completed property;

2) The development costs of your property;

3)The cost of the land; and

4) Any other fees and charges, such as land tax etc.

For example - say you purchased a block of land for $175,000 and the cost to develop a 3-bedroom, 2-bathroom home of 1,600 square meters is approximately $165,000, which includes construction and any fees and taxes. Therefore, the total cost of the property once developed is $340,000. However, the projected resale price of the completed property based on appraisal values within the area is $520,000. Which means that you can expect to make a profit of $180,000 when you sell the home, or a profit margin of approximately 52%.

Most lenders look for a projected profit margin of 20-30% when they calculate the risk of backing a development, as this ensures that the risk is justifiable and it also takes into account any market fluctuation. Therefore, if your projected costs and profit margins are lower than 20% it may be advisable to consider another development, or for you to consider developing your land when the market is more favorable.

© 2006+ Jeff Adolph GayRealEstate USA

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Housing Market Update

By JeffAdolph

Residential Real Estate

Real estate experts across America are reporting that the market is stabilizing with increasing home sales, inventory sizes becoming smaller and less foreclosure sales being recorded. There is also evidence that some markets nationwide are beginning to appreciate in value.

Stabilization of the real estate market is said to be the 'key to recovery' and a positive step to a more favorable market overall and it is also said to be a sign that the economy is strengthening.

Evidential, pending home sales and sales activity in Arizona, California, Florida, Michigan, Nevada and Ohio are currently the greatest in the nation and many experts feel that this very favorable.

Source: Colpitts, Mike (2009) Housing Shows Stabilization; available online www.housingpredictor.com

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By JeffAdolph

Residential Real Estate

Real estate experts across America are reporting that the market is stabilizing with increasing home sales, inventory sizes becoming smaller and less foreclosure sales being recorded. There is also evidence that some markets nationwide are beginning to appreciate in value.

Stabilization of the real estate market is said to be the 'key to recovery' and a positive step to a more favorable market overall and it is also said to be a sign that the economy is strengthening.

Evidential, pending home sales and sales activity in Arizona, California, Florida, Michigan, Nevada and Ohio are currently the greatest in the nation and many experts feel that this very favorable.

Source: Colpitts, Mike (2009) Housing Shows Stabilization; available online www.housingpredictor.com

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Real Estate Buying Tips

By JeffAdolph

Residential Real Estate

When buying real estate there a few 'must do's' that will enable you to purchase the home that you desire, in a favorable location, without too many headaches. Here are some 'hot tips' that will make buying your next home a much smoother transaction.

1) Conduct Research Prior to Buying- there is no specific time-frame for conducting market research. In fact some buyers spend a couple of days looking at the market while others take years. It is entirely up to you how long you spend researching the market before you buy, but it is a definite must do, so that you can familiarize yourself with the market and also establish what is or is not a good buy in terms of value.

2) Organize Your Finance Before You Buy - if you need to arrange a mortgage in order to purchase a home then it is advisable that you find and contact a financial institution before you start to look for a home in your price range rather than for one that is unaffordable.

3) Consider Buying Sooner Rather Than Later - real estate typically follows economic and political trends, which cycle every 7 to 10 years. The best time to buy real estate is when real estate prices are at their lowest, this way they become an asset as they appreciate in value. The current real estate cycle is said to be at its lowest and now starting to recover, which means prices are set to escalate.

4) Hire a Real Estate Professional- good realtors are worth their weight in gold because they have local market knowledge, are able to give you  a valuable insight and have access to detailed market analysis and other data that gives you a financial perspective on buying. Take your time to find a knowledgeable Realtor who can connect with you so that you can work effortlessly together to find a suitable home that fits in with your requirements.

Source: Housing Predictor.com (2009) Buying Real Estate; available online www.housingpredictor.com

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© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

 

By JeffAdolph

Residential Real Estate

When buying real estate there a few 'must do's' that will enable you to purchase the home that you desire, in a favorable location, without too many headaches. Here are some 'hot tips' that will make buying your next home a much smoother transaction.

1) Conduct Research Prior to Buying- there is no specific time-frame for conducting market research. In fact some buyers spend a couple of days looking at the market while others take years. It is entirely up to you how long you spend researching the market before you buy, but it is a definite must do, so that you can familiarize yourself with the market and also establish what is or is not a good buy in terms of value.

2) Organize Your Finance Before You Buy - if you need to arrange a mortgage in order to purchase a home then it is advisable that you find and contact a financial institution before you start to look for a home in your price range rather than for one that is unaffordable.

3) Consider Buying Sooner Rather Than Later - real estate typically follows economic and political trends, which cycle every 7 to 10 years. The best time to buy real estate is when real estate prices are at their lowest, this way they become an asset as they appreciate in value. The current real estate cycle is said to be at its lowest and now starting to recover, which means prices are set to escalate.

4) Hire a Real Estate Professional- good realtors are worth their weight in gold because they have local market knowledge, are able to give you  a valuable insight and have access to detailed market analysis and other data that gives you a financial perspective on buying. Take your time to find a knowledgeable Realtor who can connect with you so that you can work effortlessly together to find a suitable home that fits in with your requirements.

Source: Housing Predictor.com (2009) Buying Real Estate; available online www.housingpredictor.com

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U.S Metropolitian Real Estate Forecast

By JeffAdolph

Residential Real Estate

According to HousingPredictor.com's annual real estate forecast, which is updated regularly throughout the year, the metropolitan markets are still well below the peak prices that they recorded a couple of years ago. Therefore if you are looking to buy, the present market represents a very favorable opportunity, especially if you are pre-approved for finance.

Some of the best home buys can be found in the following states:

Please note - the percentage rate refers to the decrease in home prices since the prices of homes in this area peaked.

1) New York, NY - 32.8%

2) Los Angeles, CA - 18.2%

3) Chicago, IL - 12.6%

4) Philadelphia, PA -9.4%

5) San Francisco, CA -17.6%

6) Dallas, TX -9.2%

7) Boston, MA - 16.8%

8) Atlanta, GA -16.1%

9) Washington, DC -19.2%

10) Houston, TX -9.8%

11) Detroit, MI -36.8%

12) Phoenix, AZ -35.9%

13) Tampa, FL -12.7%

14) Seattle, WA -17.4%

15) Minneapolis, MN -13.2%

16) Miami, FL -24.2%

17) Cleveland, OH -10.2%

18) Denver, CO -9.7%

19) Orlando, FL -13.8%

20) Sacramento, CA -15.7%

21) St. Louis, MO -11.0%

22) Portland, OR -15.8%

23) Pittsburgh, PA -10.3%

24) Charlotte, NC -13.8%

25) Indianapolis, IN -12.4%

Factors that influence these markets are unemployment, foreclosures and consumer confidence, as well as the credit crisis.

Source: HousingPredictor.com (2009) Major Real Estate Market Forecasts; available online www.housingpredictor.com  

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By JeffAdolph

Residential Real Estate

Some of the best home buys can be found in the following states:

Please note - the percentage rate refers to the decrease in home prices since the prices of homes in this area peaked.

1) New York, NY - 32.8%

2) Los Angeles, CA - 18.2%

3) Chicago, IL - 12.6%

4) Philadelphia, PA -9.4%

5) San Francisco, CA -17.6%

6) Dallas, TX -9.2%

7) Boston, MA - 16.8%

8) Atlanta, GA -16.1%

9) Washington, DC -19.2%

10) Houston, TX -9.8%

11) Detroit, MI -36.8%

12) Phoenix, AZ -35.9%

13) Tampa, FL -12.7%

14) Seattle, WA -17.4%

15) Minneapolis, MN -13.2%

16) Miami, FL -24.2%

17) Cleveland, OH -10.2%

18) Denver, CO -9.7%

19) Orlando, FL -13.8%

20) Sacramento, CA -15.7%

21) St. Louis, MO -11.0%

22) Portland, OR -15.8%

23) Pittsburgh, PA -10.3%

24) Charlotte, NC -13.8%

25) Indianapolis, IN -12.4%

Factors that influence these markets are unemployment, foreclosures and consumer confidence, as well as the credit crisis.

Source: HousingPredictor.com (2009) Major Real Estate Market Forecasts; available online www.housingpredictor.com  

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Top 10 Locations in the U.S to Buy Real Estate

By JeffAdolph

Residential Real Estate

According to HousingPredictor.com the hottest places to buy a home in America are those regions that have suffered the worst depreciation.

Why?

Well, because these areas are expected to have the greatest amount of appreciation in the future and the fastest market recoveries.

Though having said this, most experts believe that a full market recovery may take years. This is why experts are suggesting that you invest in real estate for long term gains rather than short term.

Some of the hottest markets to buy a home in at present are as follows:

1) Amarillo, TX

2) Sioux Falls, SD

3) Biloxi, MS

4) Logan, UT

5) Bismarck, MT

6) Bozeman, MT

7) Baton Rouge, LA

8) Austin, TX

9) Casper, WY

10) Tuscon, AZ

Source: HousingPredictor.com (2009) Hottest 10 Real Estate Buyers Markets in 2009; available online www.housingpredictor.com

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By JeffAdolph

Residential Real Estate

Why?

Well, because these areas are expected to have the greatest amount of appreciation in the future and the fastest market recoveries.

Though having said this, most experts believe that a full market recovery may take years. This is why experts are suggesting that you invest in real estate for long term gains rather than short term.

1) Amarillo, TX

2) Sioux Falls, SD

3) Biloxi, MS

4) Logan, UT

5) Bismarck, MT

6) Bozeman, MT

7) Baton Rouge, LA

8) Austin, TX

9) Casper, WY

10) Tuscon, AZ

Source: HousingPredictor.com (2009) Hottest 10 Real Estate Buyers Markets in 2009; available online www.housingpredictor.com

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Real Estate Selling Facts

By JeffAdolph

Residential Real Estate

Your home is probably the largest asset that you will ever own and sell, therefore when it comes to selling your home you want to do it right to ensure that you get the best possible price. While many of us are aware of the real estate market many of us don't know the cold hard facts, so here are a few that may make you raise an eyebrow or two:

1) Today's Real Estate Market is Competitive - with internet marketing and other advertising, such as newspapers, you can literally find hundreds-of-thousands of homes for sale, across the nation, every week, and this makes finding the right home that much harder for buyers. In fact, it is estimated that less than 10% of realtors, nationally, sell homes with 'great consistency' due to the vast selection.

2) Multiple Listing Services (MLS) - it is estimated that there are more than 1800 MLS's in America today, many of which use newspapers, magazines, the internet and video presentations, as well as web sites to market properties.

3) For Sale By Owner - less than 10% of home owners are confident enough to sell their own home. This is thought to be associated with the laws and the legislation's associated with selling your home, all of which many home owners find daunting.

Source: HousingPredictor.com (2009) Success of Selling Real Estate; available online www.housingpredictor.com

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© 2006+ Jeff Adolph GayRealEstate USA

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By JeffAdolph

Residential Real Estate

Your home is probably the largest asset that you will ever own and sell, therefore when it comes to selling your home you want to do it right to ensure that you get the best possible price. While many of us are aware of the real estate market many of us don't know the cold hard facts, so here are a few that may make you raise an eyebrow or two:

1) Today's Real Estate Market is Competitive - with internet marketing and other advertising, such as newspapers, you can literally find hundreds-of-thousands of homes for sale, across the nation, every week, and this makes finding the right home that much harder for buyers. In fact, it is estimated that less than 10% of realtors, nationally, sell homes with 'great consistency' due to the vast selection.

2) Multiple Listing Services (MLS) - it is estimated that there are more than 1800 MLS's in America today, many of which use newspapers, magazines, the internet and video presentations, as well as web sites to market properties.

3) For Sale By Owner - less than 10% of home owners are confident enough to sell their own home. This is thought to be associated with the laws and the legislation's associated with selling your home, all of which many home owners find daunting.

Source: HousingPredictor.com (2009) Success of Selling Real Estate; available online www.housingpredictor.com

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Fabulous New User-Built Online LGBT Neighborhood Guide

By Jeff Adolph

Residential Real Estate

One of the awesome defining characteristics of the LGBT community is that it is always innovative, self-sustaining, and creatively proactive about providing the information and support that is needed to make it not only survive but thrive. Now a new resource is available for those looking for fantastic LGBT neighborhoods, and what makes it so unique and reliable is that it is made for LGBT homeowners by other LGBT homeowners.

It’s easy, fun, and rewarding. Just log on to the neighborhood guide site at GayNeighborhoods.com and click on the interactive map. You’ll find info on LGBT neighborhoods all over America.

• The way it works is simple and straightforward, plus it is absolutely free. Just visit the site, click on the map of the USA, and read reviews of outstanding LGBT cities and towns throughout the country.

• Then add your own reviews. All you have to do is explain in a few words or a few sentences what makes your particular LGBT neighborhood special. You’ll be promoting your community and assisting others to find a place to live that they too will enjoy.

• Your identity remains anonymous and confidential, and the site never compromises your privacy by selling or giving your name or other personal information to anyone. So feel free to speak your mind.

• Planning a trip across country? Log on to GayNeighborhoods.com beforehand and scope out the best route to take you to the most interesting LGBT places along the way. You might even find your future home while sightseeing across America’s LGBT enclaves.

• While there may be other sites that are designed to promote properties or businesses in various locations around the USA, the user-generated neighborhood feedback input on the GayNeighborhoods.com is free from promotional advertising.

• The information given about places that are recognized as attractive to LGBT residents is carefully screened before it is posted on the site to ensure that it represents legitimate feedback.

• What you learn, in other words, is not just a worthless spam posting or a cleverly disguised advertising pitch to try to spin or hype a place. It’s an authentic review of a real LGBT neighborhood.

• Neither are the postings and comments written by people who have no idea what they are talking about because they live somewhere else, were hired to write the entries to make the site look popular, or uploaded their posts in order to somehow influence search engines.

• The visitors to the site who read about places and give their own personal input for the sake of others are people like you. They are proud of their LGBT neighborhoods and want to invite others into their communities.

GayNeighborhoods.com

is about building richly diverse and interdependently sustainable LGBT communities one LGBT person and household at a time. But in order for it to be effective, stay updated and fresh, and maintain its unique interactive social quality others need to pitch in and participate.

• Perhaps you live in an amazing LGBT city or town. Maybe you have a favorite destination you use as a holiday getaway or for those once-a-year vacations.

• Sometimes you discover a new part of town, a dynamic LGBT scene, or you stumble upon what looks like the hottest new LGBT neighborhood in the making.

• Go online and share that valuable information with others, because those with whom you share your knowledge and insights may soon be your new next-door neighbors and your future best friends.

• Encourage others to offer their opinions and step up to celebrate their own favorite places for LGBT people to live. Everyone has something to offer, and this kind of helpful community service doesn’t take any time at all to do.

This kind of interactive social networking format is, of course, totally in vogue in this era of Twitter and Facebook – but what makes this cool site so innovative is that it is entirely focused on building intentional LGBT communities offline in the real world where we all live, work, and play.

That means that you can participate in a hands-on way to help select your neighbors and promote LGBT neighborhoods. Do it either as someone shopping for a great place to live or as someone who already lives in an outstanding LGBT enclave and wants to share it with others who might be browsing for a new place to call home.

By creating and contributing to a comprehensive data base of info about places to find a home, buy a second home, or explore a new community you help to strengthen your LGBT nationwide village. That’s the best way to build a neighborhood that is totally LGBT friendly – whether we’re talking about a community of roommates in local neighborhoods or a global community that helps to unite all of us and make the worldwide LGBT movement stronger and more empowered.

To get more information or to put your own neighborhood on the LGBT map, visit www.GayNeighborhoods.com. And for LGBT help with all your real estate needs, visit www.GayRealEstate.com. Or call toll-free 1-888-420-MOVE (6683).

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By Jeff Adolph

Residential Real Estate

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The Question of Another Housing Bubble has Arisen

By Jeff Adolph

Residential Real Estate

While the U.S housing market is beginning to stabilize and property prices are increasing, when compared

to 2008 figures, many industry experts are questioning whether or not we are about to experience a feeling of Deja-vu when it comes to the market bubble.

All market industry news is positive at present with the National Association of Home Builders (NAHB) reporting that the housing market index has risen for the third consecutive month and the Case-Schiller Index reporting that home prices have risen in most U.S cities.

Joel Naroff, chief economist at Naroff Economic Advisers said, "The housing sector is likely to start adding to growth rather than holding back the economy."

The improvement in the real estate market is thought to be attributed to the ebb and flow of the market, also known as market rule, which typically cycles every 15 years in the U.S, along with low interest rates, government grants and assistance, and the economic (macro) environment.

In fact, Ben Bernanke, Chairman of the Federal Reserve, and other economists believe that the recession is 'very likely over' as consumers are once again spending.

Thus, many real estate experts feel that the market in America is now entering another 15 year cycle where is will continue to increase in value before possibly encountering another bust.

Source: Lui, Lina (2009) Is U.S Hosing Market on Track of Sustainable Upturn?; available online at http://www.news.xinhuanet.com

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By Jeff Adolph

Residential Real Estate

While the U.S housing market is beginning to stabilize and property prices are increasing, when compared

to 2008 figures, many industry experts are questioning whether or not we are about to experience a feeling of Deja-vu when it comes to the market bubble.

All market industry news is positive at present with the National Association of Home Builders (NAHB) reporting that the housing market index has risen for the third consecutive month and the Case-Schiller Index reporting that home prices have risen in most U.S cities.

Joel Naroff, chief economist at Naroff Economic Advisers said, "The housing sector is likely to start adding to growth rather than holding back the economy."

The improvement in the real estate market is thought to be attributed to the ebb and flow of the market, also known as market rule, which typically cycles every 15 years in the U.S, along with low interest rates, government grants and assistance, and the economic (macro) environment.

In fact, Ben Bernanke, Chairman of the Federal Reserve, and other economists believe that the recession is 'very likely over' as consumers are once again spending.

Thus, many real estate experts feel that the market in America is now entering another 15 year cycle where is will continue to increase in value before possibly encountering another bust.

Source: Lui, Lina (2009) Is U.S Hosing Market on Track of Sustainable Upturn?; available online at http://www.news.xinhuanet.com

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© 2006+ Jeff Adolph GayRealEstate USA

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By Jeff Adolph

Residential Real Estate

While the U.S housing market is beginning to stabilize and property prices are increasing, when compared

to 2008 figures, many industry experts are questioning whether or not we are about to experience a feeling of Deja-vu when it comes to the market bubble.

All market industry news is positive at present with the National Association of Home Builders (NAHB) reporting that the housing market index has risen for the third consecutive month and the Case-Schiller Index reporting that home prices have risen in most U.S cities.

Joel Naroff, chief economist at Naroff Economic Advisers said, "The housing sector is likely to start adding to growth rather than holding back the economy."

The improvement in the real estate market is thought to be attributed to the ebb and flow of the market, also known as market rule, which typically cycles every 15 years in the U.S, along with low interest rates, government grants and assistance, and the economic (macro) environment.

In fact, Ben Bernanke, Chairman of the Federal Reserve, and other economists believe that the recession is 'very likely over' as consumers are once again spending.

Thus, many real estate experts feel that the market in America is now entering another 15 year cycle where is will continue to increase in value before possibly encountering another bust.

Source: Lui, Lina (2009) Is U.S Hosing Market on Track of Sustainable Upturn?; available online at http://www.news.xinhuanet.com

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© 2006+ Jeff Adolph GayRealEstate USA

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By Jeff Adolph

Residential Real Estate

While the U.S housing market is beginning to stabilize and property prices are increasing, when compared

to 2008 figures, many industry experts are questioning whether or not we are about to experience a feeling of Deja-vu when it comes to the market bubble.

All market industry news is positive at present with the National Association of Home Builders (NAHB) reporting that the housing market index has risen for the third consecutive month and the Case-Schiller Index reporting that home prices have risen in most U.S cities.

Joel Naroff, chief economist at Naroff Economic Advisers said, "The housing sector is likely to start adding to growth rather than holding back the economy."

The improvement in the real estate market is thought to be attributed to the ebb and flow of the market, also known as market rule, which typically cycles every 15 years in the U.S, along with low interest rates, government grants and assistance, and the economic (macro) environment.

In fact, Ben Bernanke, Chairman of the Federal Reserve, and other economists believe that the recession is 'very likely over' as consumers are once again spending.

Thus, many real estate experts feel that the market in America is now entering another 15 year cycle where is will continue to increase in value before possibly encountering another bust.

Source: Lui, Lina (2009) Is U.S Hosing Market on Track of Sustainable Upturn?; available online at http://www.news.xinhuanet.com

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© 2006+ Jeff Adolph GayRealEstate USA

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By Jeff Adolph

Residential Real Estate

All market industry news is positive at present with the National Association of Home Builders (NAHB) reporting that the housing market index has risen for the third consecutive month and the Case-Schiller Index reporting that home prices have risen in most U.S cities.

© 2006+ Jeff Adolph GayRealEstate USA

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