[facebook] [retweet] The Bureau of Economic Research at the University of Florida announced that the consumer sentiment index for the state’s residents rose another two points to 84, hitting a post recession high. Consumer’s expectations of U.S. economic conditions over the next year and the next five years rose. Perceptions as to whether it is…
Even though the first half of 2014 didn’t live up to the hope and hype, industry insiders are still calling for better days in the housing market for the rest of this year. On Friday, Redfin released its latest market summary, which sees the combination of sales, prices, foot traffic, and inventory as positive signs heading into the…
. Operating as a real estate professional without a license is a 3rd degree felony in my home state (Florida) and is considered a serious offense in most states. Check out this brief video where Matt shares how you can legally and ethically compensate someone who has brought you a real estate deal, without ending…
Home flippers reported more gains in 2013 than in any year on record, according to national real estate brokerage Redfin [1]. The average home flipped last year was sold for $90,200 more than it was purchased, and in 11 of the 30 markets Redfin analyzed [2], flippers received gains of more than $100,000 per house. Redfin considers flipping the act of…
[facebook] [retweet] I admit that I am not an expert at a lot of things. Rather than being a jack-of-all-trades and a master of none, I decided long ago to be a master of a few things, while remaining downright awful at pretty much everything else. Some of my shortcomings include singing, dancing, drawing, or…
[facebook] [retweet] Even though the first half of 2014 didn’t live up to the hope and hype, industry insiders are still calling for better days in the housing market for the rest of this year. On Friday, Redfin released its latest market summary, which sees the combination of sales, prices, foot traffic, and inventory as positive signs heading…
Annualized housing starts crossed the 1 million mark in April for the first time this year, but little of that improvement came on the single-family side—and that’s a serious problem, says the National Association of Realtors (NAR). Measuring new homebuilding against employment numbers—which only recently recovered from their recessionary decline—NAR finds that historically, there is one new home…
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the May edition of the Obama Administration’s Housing Scorecard [1] on Friday. The government report showed progress, noting growth in key indicators such as increasing equity and a rebound in the sale of new and existing homes. According…
[facebook][retweet] Question: What is a Joint Venture & How Do You Form One? Jim S. – Pensacola, Florida The legal definition of a joint venture is, “a commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.” In real estate terms, it’s simply when two or more investors pool their resources…
“You got to know when to hold ’em, know when to fold ’em, Know when to walk away and know when to run. You never count your money when you’re sittin’ at the table. There’ll be time enough for countin’ when the dealin’s done.” ~Kenny Rogers, The Gambler This iconic Kenny Rogers song is notorious in…