Real Estate Isn’t For Day Traders When I purchased my first home at age 28 I was advised I would have to live in it for 5 years to be able to come out ahead, considering the costs I would incur as a seller. That was fine as we bought the home because we planned …
Category Archives: General
House-Hunting as Vacation
House-Hunting as Vacation Vacationing in Panama last spring, Chris Stanley complemented fishing and beach lounging with seminars on the ins and outs of buying property overseas. When Mr. Stanley, who lives in Scottsdale, Ariz., thought about buying a home in Latin America, he decided he needed a primer. So he booked a seven-day trip with …
1 in 9 jobs tied to real estate [Colorado]
1 in 9 jobs tied to real estate [Colorado] One out of every nine jobs in Colorado is tied to the multibillion-dollar residential and commercial real estate industry, according to a report released Thursday. “Regionally, real estate-related employment and earnings are a bedrock of the local economy,” noted the report prepared for the Colorado Association …
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UK personal wealth at £6 trillion
UK personal wealth at £6 trillion The wealth of UK households has been given a dramatic boost by rising house prices, says the Halifax bank. It calculates that total net personal wealth more than doubled between 1996 and 2006, to £6.336 trillion. More than half that rise is due to higher house prices which pushed …
Weighing risks vs. rewards of real-estate trusts
Weighing risks, rewards of real-estate trusts Despite housing woes, investment funds that focus on property can pay off. Here’s a thought for the bold: Take the subprime mortgage meltdown as a buying opportunity and plunge into REITs. But only if you have a cast-iron stomach. A REIT, or real estate investment trust, is stock in …
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Survey: Huntsville real estate most affordable in Alabama
Survey: Huntsville real estate most affordable in Alabama Huntsville has been ranked Alabama’s most affordable residential real estate market in Coldwell Banker LLC’s 2007 Home Price Comparison Index. The study looked at 2,200 square feet, four bedroom homes in 317 American markets. The average price of such a home in the Huntsville market was $212,183. …
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