What way of finding a tenant can you use?
Posted on December 5th, 2011
Finding a tenant is crucial for your renting property business. Getting the good residents has many advantages; the most important is the rent you get in time, which means the difference between profit and loss for you as a real estate investor. This is very important and for resident as well. For instance, if you want to move out you can find a tenant with tenanthunter.com to take over the lease. You do not want to break the leasing agreement because of high penalty fees. Read full post…
November in the Books / Month in Review
Posted on November 29th, 2011
A: The data is in for how Manhattan RE performed in November. Here is your month in review.
Over the last 4 weeks:
PENDING SALES is UP 8.5%
ACTIVE INVENTORY is DOWN 4.3%
OFF-MARKET INVENTORY is DOWN 3%
Manhattan produced 792 New Deals Signed in November
Manhattan saw 1,045 New Listings come to market in November
Manhattan saw 439 Active Listings come OFF the market in November
When you add these figures up you see why the measure of Manhattan Inventory slid 4.3% over the course of the last 4 weeks – the math goes something like this:
1,045 New Listings – 792 Deals Signed – 439 Listings Removed = net loss 186 units
Now there are other reasons why supply may fall (i.e., broker fails to update listings for more than 30 days, active unit closes with no CSGN update from broker, etc.), but the main forces behind supply is the pace of new supply MINUS the pace of new demand MINUS the pace of listings removed from the active market. Read full post…
Tags: Review
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Realtor Alison Shuman integrates dynamic IDX solution onto professional real estate blog
Posted on November 27th, 2011
Alison Shuman has become the latest real estate professional to integrate a customized IDX solution onto her website, thanks to IDX, Inc. and the extraordinary IDX Broker software. Shuman, an Austin, Texas-based Realtor, now hosts a dynamic search page which extracts raw listing data from the Austin MLS (ACTRIS) database and seamlessly syncs it to the comprehensive listings database she supports on her website. Potential buyers and clients are able to scan the ACTRIS listings knowing they have the most up-to-the-minute data from ACTRIS right on Peters website.
Shuman can also make her WordPress blog into a powerful lead capture solution by displaying IDX search forms, widgets, and links both on her blog and on her primary website. IDX Broker makes integration a breeze for Shuman, and by simply choosing one design for all of her IDX results and details pages she can then utilize the IDX Broker WordPress Plugin to add indexable page links, such as the IDX Lead Login Widget. Read full post…
Tags: Estate, Idx Solution, Real Estate
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Downtown Baltimore Holiday Light Show at Power Plant
Posted on November 20th, 2011
A brand new holiday light show will be showcased this season on and around the Power Plant in Downtown Baltimore.
It begins this Saturday, and it looks to be spectacular!
The light show will be held throughout the holiday season at the following times & dates:
Saturday, November 19 – Saturday December 31 Sunday – Thursday: 6pm, 7pm, & 8pm Friday – Saturday: 6pm, 7pm, 8pm, & 9pm
I may just have to go this Saturday evening for the first night. It looks SO neat! Here is a preview from the “It’s a Waterfront Life” website! The Greater Baltimore Committee describes the show as:
“…projections on the Power Plant buildings, accompanied by a laser light show, high energy music, and fireworks. The show will p
Tags: Holiday Light Show, Light Show, Plant, Power Plant
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Baby Boomers in Canada: Will They All Decide to Sell Their Home?
Posted on November 8th, 2011
There were two articles in the Globe and Mail newspaper recently discussing the Baby Boom Generation. One was an article by Rob Carrick. Rob discusses the size of the Baby Boom Generation (born in the years 1946 and 1965), plus their affect on the housing market. The other article was written by Chris Atchison. Chris writes about retirement homes and the upcoming demand for rooms and styles of retirement homes.
Rob Carrick makes the argument that now might be a good time for Baby Boomers to sell their home and realize the gain in house price. Home prices are at all time highs. By not selling now, boomers might be risking the high value in their home. The housing market is very cyclical. Prices go up and down. Selling now makes perfect sense. But will boomers actually sell?
My parents, and my peers parents are all reaching, or have reached, the age of 65.
Tags: Baby, Baby Boomers
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