Sean Overstreet's (tampanorway) Blog

The thought occurred to me, as a Real Estate Investor, that before deciding on where to invest, what to invest in, and how much to pay; one must consider the state of the Economy, the state of Housing, and what’s likely to happen next.   One form of housing, or another, takes ...

Did you ever notice how politicians talk different stories, make a little rah, rah but the Economy continues on and on, with little changes. Home prices go up and down, and then up again.  Eventually, prices are always higher because of inflation and the needs of a forever increasing general popu...

THE IMPORTANCE OF RISK MANAGEMENT IN REAL ESTATE INVESTING: Too many people, both investors and “owner occupants”, have acquired property at a discount, only later to find out that the property was worthsubstantially less then what they owed, “never mind what they paid. “ How can these mistakes ...

CONFUSING THE PUBLIC – DOES THE NEW MINIMUM WAGE HIKE MEAN MORE RECESSION OR IS IT INDICATIVE OF THE COMING INFLATION?   Today’s AP article on the coming wage hike, as published on CNBC.com (see the highlighted link below) seems to suggest that this could foster an extension of the recession by ...

NEW HOME PRICES HAVE NOWHERE TO GO, BUT…Up, Up and Away!!   In an article published today on CNBC.com, it’s reported that the US Treasury is preparing to roll out its Public-Private Investment Program (PPIP) plan. This program was originally intended to combine public and private money in a $ On...

Most economists, government officials, investors and the general public are normally concerned about our prospects for either deflation or inflation, although most of the time inflation has been the central issue. This is because as the Economy heats up, prices rise. The Government (led by the F...

BUYING FORECLOSURES…Is it Really a Good Idea?   Some investors think that buying Foreclosures, Bank owned properties, and Short sales are a good way to invest in today’s real estate market.  Is this true? Or is it just a romantic sounding endeavor that is fraught with lots of...