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Real Estate Cycles

Real Estate Cycles(0)

July 19, 2009

In a posting I did back in May, I mentioned that the average yearly increase in home prices in the U.S. for the 100 years between 1900 and 2000 was only 3.4% (not adjusted for inflation). However, from 1997 to 2006, home prices increased by an average of over 19% per year.  Unfortunately the downward [...]

Real Estate Cycles
Short Sale & Foreclosure Frenzy–Is Real Estate Really the Best Long-Term Investment?

Short Sale & Foreclosure Frenzy–Is Real Estate Really the Best Long-Term Investment?

Real Estate Investors and wanna-be real estate investors are drooling over the millions of properties that are currently selling for cents on the dollar. Short Sales and REOs/Foreclosures are what the big buzz is about and everyone is charging into the real estate ring, trying to find the best deals out there.
A home in Memphis, [...]

Why Proper Estate Planning Is So Important?

Why Proper Estate Planning Is So Important?

I Already Have a Will, What Else Do I Need?
Many people are proud to say they have a Will already set up, but why is this not sufficient for estate planning?
Contrary to what most people believe, a Will doesn’t avoid probate, in fact, it guarantees probate. A Will must be verified by the probate court [...]

Why Generation Y is broke

Why Generation Y is broke

http://articles.moneycentral.msn.com/Investing/HomeMortgageSavings/WhyGenerationYIsBroke.aspx

This article on MSN Money really caught my eye. The article said that “…some 85% of those aged 25 and older hold a high school diploma, and 27% have a college degree, and is of course, the most technologically sophisticated to date…”
But this same generation has zero financial literacy. Most twenty-somethings can barely manage their [...]


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