Today I am exploring the investment property possibilities in La Quinta CA. I will have more to say after my friend, another REALTOR@, Greg Turner gives me a tour of the valley from Indio to Palm Springs. More later today or tomorrow. Buy apartment building investments before the next wave of fo
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03/25/2011
APARTMENT BUILDING INVESTMENT PROPERTIES IN COSTA MESA CA - SOUTHERN CALIFORNIA THERE ARE MANY GREAT APARTMENT BUILDING INVESTMENT PROPERTIES IN COSTA MESA CA and it is my advice to buy Orange County CA apartment buildings NOW! Buy, before the prices necessarily skyrocket due to the numbers of di
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03/22/2011
N.A.R. REPORT: HOME SALES DROP UNPRECEDENTED 10% IN FEBRUARY! Sales are down and prices are down...like a...rock? PRICES BACK DOWN TO 2002 LEVELS AND LOWER! N.A.R. REPORT: Fewer Americans bought previously occupied homes in February and those who did purchased them at steep discounts. The weak r
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03/21/2011
APARTMENT BUILDING INVESTMENT PROPERTIES IN HUNTINGTON BEACH CA - SOUTHERN CALIFORNIA THERE ARE MANY GREAT APARTMENT BUILDING INVESTMENT PROPERTIES IN HUNTINGTON BEACH CA and it is my advice to buy Orange County CA apartment buildings NOW! Buy, before the prices necessarily skyrocket due to the n
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03/19/2011
The reason I say this is that the former homeowners must live somewhere for a while or, in many cases, for the duration of their stay in California. Click Photo for Info As it turns out, following the last few downturns in California real estate (1974, 1982, 1990, and 2006-2015), a certain num
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03/18/2011
CARL ICAHN SAYS INTEREST GOING RATES UP IN JUNE!! AND HE'S SCARED TO DEATH! HE GAVE "ALL" OF HIS FUND INVESTOR'S MONEY BACK LAST WEEK...and I quote from his appearance on CNBC this AM: Part of the problem, Icahn said, is the big unknowns ahead. The Federal Reserve this week stood firm on virtuall
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03/17/2011
HAPPY ST. PATRIC'S DAY - KISS ME! I'M IRISH! Go on out and Celebrate the ONLY non-American...American holiday (except for Cinco de Mayo) in March...on the 17th day...thereof. Enjoy your day and give some Single-Malt Irish Wiskey a Wee Bit O' A Try! Tom
03/17/2011
RealtyTrac SAYS THAT FORECLOSURES DROPPED BY 27% FROM FEBRUARY 2010 COMPARISON TO JANUARY 2011. The business news headlines are trumpeting the end of the foreclosure crisis...HOWEVER...the RealtyTrac press release points to the Legal mess that has been caused by ROBOSIGNERS and IMPROPER/ILLEGAL P
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03/16/2011
I, for one, hope that the NBER (National Bureau of Economic Research) is correct in determining that our Great Recession of 2007 ended late in 2009. Hopefully, later this year, and early next year the economy and the real estate market, in particular, will come roaring back to life. I have been
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03/14/2011
WHO KNOWS WHAT DANGER LURKS IN THE REAL ESTATE MARKET FOR 2011???? THE SHADOW KNOWS! THE SHADOW INVENTORY...THAT IS... Core Logic announced this week that the Shadow Inventory of Foreclosed and nearly foreclosed homes grew to 2.1 Million homes, up from 1.9 Million just 60 days ago. Taken togethe
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03/13/2011
