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Education - Page 73 - Strategic Real Estate Coach

REAL ESTATE INVESTING NEWS AND INFORMATION

Best Cities for Buying and Selling Houses

 Aug 19, 2012 
Josh Cantwell
Where are the best markets in the country for buying and selling houses? Zillow recently ranked the top 10 markets to find out where buyers or sellers hold the most power. Zillow defines a buyer’s market as one in which “buyers have more bargaining power” because houses tend to stay on the market longer and […]

Mortgage Rates Rise For First Time in 3 Months

 Aug 12, 2012 
Josh Cantwell
While mortgage closing costs are on the decline, actual mortgage rates are on the increase. For the first time in over three months, the rate for a 30-year fixed rate mortgage rose to 3.55%, up from last week’s 3.49%. These are the lowest rates since the 1950’s, when long-term mortgages were first introduced. These historic low […]

Main Street Case Study

 Aug 12, 2012 
Josh Cantwell
I’m back again with another “My Life in Real Estate” rehab videos. In this one, we’re at 5494 Main Street and we just closed on it four days ago. This one is a real diamond in the rough. It’s located right across the street from the Portage Lakes near Akron, which is a prime location. […]

Foreclosure Errors Cost Banks $125,000… or $15,000… or…

 Aug 12, 2012 
Josh Cantwell
Late last year, banking regulators set out to put a price on foreclosure errors for victimized homeowners. It’s going to cost banks $125,000. Or maybe $15,000. Or perhaps just $500. Pretty clear, huh? How is the actual amount determined? The regulators finally released their “framework” of possible outcomes from 13 different mortgage servicing “errors.” Each of […]

Mortgage Closing Costs Vary By State

 Aug 12, 2012 
Josh Cantwell
Mortgage closing costs can vary widely by state, according to a recent survey by Bankrate.com. The average closing costs on a mortgage fell by 7% to $3,754, with New York being the most expensive with a cost of nearly $5,500. On the other extreme is Missouri at $3,000. Interestingly, Ohio ranks #11 on the list, with […]

Manchester Road Case Study

 Aug 10, 2012 
Josh Cantwell
Check out this video – it’s another rehab I have in the pipeline and I want to give you an update on what’s happening with it. This one is at 4034 Manchester Road – right in my rehabbing sweet spot. Come with me as I see the house for the first time. We bought it […]

My Life in Real Estate: Rehabbing Bank Owned Properties, {Case Study Heights Drive Part 2}

 Aug 08, 2012 
Josh Cantwell
I’m back with another installment of “My Life in Real Estate”, this time checking in on one of my most recent rehab projects – 193 Heights Drive. This is part 2 of this case study. Part 1 I recorded 2 months ago and we showed you this house when we first started the project. In […]

Fannie Mae Sells Bulk Homes in Concentrated Metro Area

 Aug 05, 2012 
Josh Cantwell
In February, for the first time, Fannie Mae announced that they would be selling bulk homes in specific metro areas – namely Florida, Los Angeles, Las Vegas, Chicago, Atlanta and Phoenix. It’s the first time they are agreeing to sell a large block of homes in one concentrated area. Previously, any bulk sales would include […]

Did We Bottom Out Last Winter?

 Aug 05, 2012 
Josh Cantwell
As we get further into the year, evidence is cropping up that suggests the housing bust hit rock bottom last winter. Recent data is showing a definite upswing. For the 4th month in a row, the price of single-family homes rose. Eighteen out of 20 cities recorded index gains on the S&P/Case Shiller composite index. […]

Home Prices Up For First Time Since 2007

 Aug 05, 2012 
Josh Cantwell
According to Zillow, single-family home prices are up over 2% from the first quarter of this year, and .2% annually, showing an increase for the first time in five years. Interestingly, the housing recovery seems to be underway despite sluggish job growth, indicating some measure of organic growth. According to Zillow Chief Economist Stan Humphries, the […]
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