Latest Blog

26
Jul

July 26, 2019 | Real Estate News &Market Update

Existing Homes Falling Despite Mortgage Rates Existing home sales dropped 1.7% to a seasonally adjusted annual rate of 5.27 million units in June, according to data from the National Association of Realtors. This is surprising that housing is performing weaker despite both lower unemployment and lower mortgage rates. This is now the 16th straight year-on-year decline in home sales. Supply

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19
Jul

July 19, 2019 | Real Estate News & Market Update

Commercial Real Estate Flashing Warning Signs Commercial real estate is usually ahead of residential real estate in the market cycle, meaning it peaks earlier and falls earlier; it’s a good leading indicator of real estate as a whole. That’s why the new signs from the Architecture Billings Index falling into negative territory in June is a troubling sign. It means

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1
Jun

Solving the direct mailing puzzle by Joe Davalos

2017 was up and down. When I started realizing my direct mail campaign was not working I changed courses and eventually I saw success. I created a distressed seller list and was at the point of buying 2 properties a month. Got busy and stopped mailing and the momentum quickly died. Well back on track. I have someone working about

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22
Jun

Week 11 – A dissapointment

Week 11 was a disappointment for few reasons: 1) One of the houses we had under contract last week we found out today that the house has more liens on it than what the house is worth right now so that will is looking like a deal deal. We are going to try and negotiate with the lenders and see

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