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‘American Chopper’ Star

“The “American Chopper” star recently dropped asking price from $2.9 million to $2.5 mil for his 38-plus-acre upstate New York spread” reports tmz.com. It’s got 3 bedrooms, 2.5 baths, attached pool house and, of course, the pool … complete with slide and waterfall!. Paul Teutul Sr. wants to ride off into the sunset with more land and more animals, but he’s gotta unload his old ranch first, so he slashed the price … Source: tmz.com Share This:

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How to expand your real estate investing business into a new market

“Justin Pierce is a real estate investor and real estate agent who regularly writes about his experiences buying, renovating and selling houses in the Washington area” reports washingtonpost.com. In my last article, I talked about what I see as danger signs for the Washington-area real estate investment market.To fill the void, I just got online and started building searches on some of the major real estate websites.What I was lacking was a good real estate agent or bird dog on the ground.I’m sort of flying blind. [More Pierce: Make sure…

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Learn the ins and outs of real estate with this 40-hour series of online classes

“There are many great ways to learn about mortgages like the Mortgage & Real Estate Investment Bundle” writes Mashable Deals for mashable.com. You’ll start with the basic, then you’ll progress to the real estate valuation process and learn how banks make lending decisions.You’ll also get to examine an actual real estate case study so you can practice your financial modeling skills. Source: mashable.com Share This:

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Markets News 

These are the 10 hottest housing markets in America to watch in 2018

“The US housing market has regained its momentum” writes Tanza Loudenback for businessinsider.com. About half of all homes in the country are worth as much or more than they were in April 2007, during America’s most recent housing boom, according to data from Zillow.But some real estate markets are really on fire, with quickly rising home values and rental prices, increasing populations, low unemployment rates, steady income growth, and strong job opportunities, according to Zillow’s latest housing report. Below, check out the top 10 hottest real estate markets in America…

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How much do you really know about real estate? Take this quiz

“Currently, real estate accounts for less than 5% of the S&P 500 by market cap” writes Jane Hodges for marketwatch.com. But some financial advisers and fund managers consider real estate “countercyclical” since it can zig when the rest of the economy zags.Broad-themed mutual funds typically allocate a portion of their holdings to real estate.Real estate is an important component of the U.S. and global economies.How did real estate contribute to the most recent financial crisis and related recession?.  Source: marketwatch.com Share This:

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Markets News 

What home sellers need to know about appealing to millennial buyers

“David Charron, chief strategy officer of Rockville-based multiple-listing service Bright MLS, writes an occasional column about the Washington-area real estate market” reports washingtonpost.com. To underestimate the millennial influence on the Washington real estate market is to bypass a major opportunity.If sellers are not able or willing to make updates, they should consider lowering the price of their home — according to market values — to compete for millennial buyers.Their mobile lifestyle coupled with their innate curiosity will likely result in pursuing real estate transactions more frequently than generations before them,…

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News Stocks 

Stocks attempt gains as year’s end approaches, real estate leads

“The S&P 500 rose less than 0.1 percent with advances in technology, telecommunications and real estate investment” writes Brendan Mcdermid for cnbc.com. The index added 0.1 percent Thursday as declines in biotechnology stocks like Gilead and Amgen offset gains in big technology names like Apple.U.S. stocks tried for gains Thursday, the second-to-last trading day of the year. Source: cnbc.com Share This:

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