Is The Sun Setting On Atlanta Home Prices Again?



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Yes, they probably are. In fact, it’s fair to say that the Atlanta metro housing market is a few months past any supportable market peak, and there is some good data to support this conclusion:

What Makes A “Great” Real Estate Agent?



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In response to several comments and requests I’ve had recently, I’m going to address a topic that is a big issue for real estate buyers and sellers. Specifically, what – beyond the generic answers – what makes a particular real estate agent “great” and therefore a premier choice for a buyer or seller? photo credit: […]

Boomers And Reverse Mortgages – Another Crisis In The Making?



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Every time I see one of those reverse mortgage commercials on television – especially the one with Fred Thompson – I have to fight the urge to throw something at the TV.  I’ll come out of the closet and admit it, I hate reverse-mortgage commercials with a passion that is difficult to describe. For one […]

Understanding The Real Costs Of Government-Insured Home Mortgages



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There’s no shortage of options when it comes to financing your next personal home purchase. The list of potential options includes FHA, VA, USDA, and a myriad of other “low-down-payment” loans available. This category of loans is known as “government insured,” meaning that the lender can file an insurance claim through the appropriate government agency, (FHA, VA, etc), if the borrower defaults on the mortgage.

Federal Housing Policy Threatening To Permanently Undermine Housing Market Stability



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Think the days of risky subprime loans are behind us? Now that Dodd-Frank has been implemented, a lot of the talk has been about The “Qualified Mortgage Rule”. Supposedly this new rule known as “QRM” is going to protect consumers from lenders who are willing to make reckless, high cost loans to unsuspecting borrowers. Here […]

FED: Household Formation At Lowest Levels Ever Recorded In U.S.



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According to Federal Reserve economists, the rate of new household formation has plummeted to it’s lowest level since records began being kept at the end of WWII. Down some 59% from the historical trend, we are seeing around 550,000 new households formed each year, as opposed to the average of 1.35 million per year through […]

Why Housing Needs Higher Interest Rates



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1. Help Reign In Rampant Speculation Speculation on the most massive scale in human history is taking place in virtually all of America’s major cities today. Fueled by trillions of dollars at near-zero interest rates, courtesy of the Federal Reserve. Tens of billions of dollars monthly, is being loaned to recently created, (i.e.  no track […]

What Do Rising Prices Have To Do With A Housing Recovery? Nothing.



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In the wake of the housing market crash of 2008, those with a direct interest in the housing industry are bound and determined to to create a housing recovery, even if they have to make it up. I have in front of me at this moment, exhibit “A”: A classic example of manufactured “evidence” that […]

Real Estate Investing Fundamentals & Strategies For 2014, Part Two



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This is part two of a two part series. Click here to read part one. 4. Interest Rates And Investing Strategy are intricately linked. Rates have been controlled by direct Fed intervention for years now. It’s difficult to predict when they will go up or what the trigger will be. I’m concerned that retail housing […]

How Much Higher Can Rents Go When Incomes Are Falling?



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It’s no secret that Wall Street has been buying up billions of dollars worth of single family homes over the past few years. But when it comes to operating cash flowing properties at a profit, the basic issue always comes down to what the tenants in a given market can afford.