Monday, November 27, 2006: Recently organized a survey over the
real
estate is forecasting a minor decline in home sales for 2006,
largely due to an increase in interest rates.
It's obvious that buyers are starting to gather by the sidelines
and homes sales should slide by about five percent. But that's
nothing to panic about, Evens continue, Keep in mind that housing
sales have reached new records every year for the past five years.
Also, home prices are still expected to rise.
You’ve found the home you want to grow old in and the location
is good, the neighbors are great, and the price was just right.
A little paint in a few rooms, wallpaper there, new flooring in
this room, granite in that room, a fixture here a fixture there.
Finally you are satisfied with your now remodeled home.
Real estate investing tips tend to be a bit vague, like "invest
in the right location," or "make sure the numbers work."
Actually, tips like these are important principles to remember.
Run the numbers. It is about the numbers, and if it is income
property, it's about one number in particular: cash flow. Whatever
the local formulas are, whether gross rent multipliers or capitalization
rates or whatever, just be sure that after every last expense
you'll have cash flow from the very first month.
The Local and National real estate markets will continue to grow
despite the mortgage rate increases and slight decrease in home
sales happening as the market adjusts. As the real estate market
balances itself homebuyers have more options and more time, but
this still bodes well for sellers.
Time passes and you decide you want to refinance for one reason
or another. Let’s assume you realized you could get a much
better interest rate. The real truth behind current real estate
rates head to http://www.property-india.in/, Open Source Solution
to Real Estate Listings
They show the market for houses and plots of land also upholds
an active market. If you are looking for good property investment
opportunities and advise, see www.onlineghar.com, property high
growth emerging property markets that have a proven track record.
Source-http://www.tips.com.my