This Week's Short Stories

December Home Sales Drop Sharply
Housing sales in December dropped 7 percent nationwide on declining demand in December.

Many Renters Want to Buy
Even though millions of renters say they want to buy a home, three factors are keeping them from doing so:
1. Limited supply
2. Rising prices
3. Tough lending standards
There’s not a lot of information out there to indicate any changes in these trends for a while.

Borrowers Focusing on Mortgage Payments
While their focus may have waivered while the housing market crashed, home owners are now concentrating more on paying their mortgages than their credit cards.

How to Market on the Web with Results

Let’s start right out by saying that you normally get what you pay for. All of the hype you’ll read from Internet marketing gurus can lead you to believe that all you have to do is “build it and they will come” when it comes to a website. Sorry, but a recent estimate found that there are around 650 million websites, and that those have more than 4 billion pages/articles. Those numbers don’t really tell us the whole story, as Facebook is just one website, but it has a whole lot of information for billions of users.

Dean's Newest Huffington Post- Check it out!

Dean's NEWEST Huffington Post article is up! -- When Real Estate Investing Really Sucks...

Don't forget to comment below and let me know what you think.

Another deal DONE !!

It's better to have a PIECE of the pie than NO PIE AT ALL:))
What I mean is sometimes we think a deal is dead in the water but we are in control of every deal by the decisions we make. We make a deal or we crush a deal. The questions we ask ourselves when at the end of a negotiation determines the outcome.

How to Predict Real Estate Prices - Maybe

An article this week over at by David Campbell speaks to his methodology for predicting real estate prices. His concept of course takes the supply/demand influence into account, but he throws in something else … “capacity to pay.”
Demand Factors
Population growth fuels demand for housing. Job growth fuels population growth. This is true for the vast majority of normal market areas. However, in vacation and resort markets there is outside money in play. The money to buy in these markets comes from other areas. When job growth is stagnant in most areas, you can still see housing price increases in markets that enjoy outside money influence.
Supply Factors

Prices Up – Negative Equity Down – Good?

Two articles this week, one at and the other at are talking about rising home prices and fewer homeowners in negative equity (underwater) situations. Over at NuWire, the negative equity rate is said to have dropped under 20% for the first time in years.
The rate of homeowners underwater in their mortgages fell last month to 19.4%. 9.8 million homeowners still remain underwater in their mortgages. However, negative equity has fallen for seven consecutive quarters. Approximately 3.9 million homes exited negative equity situations during this period.

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