Sh*t Real Estate Agent Say

by Tom Royce on February 7, 2012


The meme has hit the real estate world, courtesy of Brian Copeland and Maura Neill the folks at RETSO.

 

See home many real estate memes you can find…

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BiggerPocketSeminarAre you ready for a real estate investment conference that is not on big sell and spam fest? Are you tired of every speaker from the stage pitching their product instead of teaching you?

Well, your conference has arrived. Josh Dorkin and the crew over at BiggerPockets is putting on a truly amazing conference on real estate investing with the focus on giving you the tools and techniques to create a firm foundation for your business.

It really is that simple…

What you will not get is the hype of 20  products that will create miracles in your business and cure cancer at the same time.

What you will get is some of the finest minds in the real estate investment community giving you solid advice, pertinent information, and the tools for you to succeed with your long term strategies.

Now, I do not want to pressure you, but I messed up. I told Josh, who is a friend and mentor, that I would put this post up weeks ago. But, as you know life gets in the way.

However, in the mean time space is filling up and I would hate for you to miss this conference. Josh told me he is keeping the conference small so that everyone who attends can get the most value out of it.

I remember the first RETechSouth conference that was like this one. I made more connections that helped my business in 1 day than I had the first 3 years I was blogging. Flagship conferences like this one from BiggerPockets will reap benefits for years if you take the initiative to attend.

The price is reasonable, the location is in Denver, Colorado (home of inexpensive flights and lots of fun), and the date is a little over a month away (March 23rd–24th).

So click on the link below to learn more and sign up for the conference. 

BiggerPockets Real Estate Investing Summit and Expo

Tom 

P.S.  Look for me on the floor, I am pulling strings to get out of every coaching assignment and obligation to get out there. It is so good that, even though I do not invest in real estate myself, I know I will learn a great deal and increase my knowledge of the real estate industry.

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New Home Sales Remain Anemic in 2011

by Tom Royce on January 30, 2012


The new home sales data was released and the results are less than stellar. For 2011, there were only 302,000 new home sold nationwide. For perspective, in the South the numbers were the lowest since 1966, and that is the good news. In both the Northeast and the West, sales were the worst in recorded history.

So when you are talking with builders, be kind. They have had a very rough few years.

Purchases of single-family properties decreased 2.2 percent to a 307,000 annual pace, figures from the Commerce Department showed today in Washington. The median forecast in a Bloomberg News survey of economists called for a rate of 321,000 home sales. Last year marked the worst year for the industry in records going back to 1963.

The threat of further price declines may be dissuading some Americans from buying a new home even with mortgage rates near all-time lows and more people finding work. Following a lull in 2011, a wave of foreclosures may hamper the recovery in real estate as more distressed properties are put on the market.

“Builders continue to contend with a number of existing homes that are deeply discounted,” said Anika Khan, an economist at Wells Fargo Securities LLC in Charlotte, North Carolina. “We’re expecting a bit of a pickup in 2012, but we won’t see a meaningful increase as long as new homes are competing with those existing homes.” via Bloomberg

New Home Sales Information From the Census Bureau

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House Windows Melting A Toyota Prius

Typically when you think of a battle between a house and a Prius, you add a dose of a drunk driver and a garage and you are done… But not today. It looks like that super efficient windows are reflecting so much energy onto a car parked in Southern California that it is melting the [...]

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Top 10 States With Highest Down Payment

When buying a home, one of the key components is the down payment. Back a few years ago when the housing bubble was hitting it’s peak, there were no money down loans floated out there, but those are ancient history. Now you need hard money to make the loan. Lending Tree commissioned a study and [...]

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When Should A Real Estate Professional Tell Someone To Walk Away From Their Mortgage?

As real estate professionals, your goal is a healthy and vibrant real estate marketplace. Lots of selling and buying of homes is a good thing, as is a healthy credit report and sufficient cash on hand by your buyers and large amounts of home equity with your sellers. But if the last few years has taught us [...]

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Home Sales Really 20% Less – NAR Changing 5 Years of Home Sales Data

According to CoreLogic the number of homes sold as reported by the National Association of Realtors could be off by 20% over the past 5 years. Heads should roll, but they probably will not over this. The National Association of Realtors said a benchmarking exercise had revealed that some properties were listed more than once, [...]

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Thanks Barney For Everything

Might as well go visit your good buddy Christopher Dodd in Ireland. Original here.

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Why No Word on Huge Bonuses At Freddie and Fannie

 Questions arise over the bonuses being paid to Freddie and Fannie Executives.

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Real Estate Trends of the Baby Boomers

A rather lengthy but very interesting infographic from Coldwell Banker on how Baby Boomers are looking at real estate as they hit their golden years. What caught my eye is how the younger baby boomers look at real estate differently than the older part of the generation… See a larger version here at the Coldwell [...]

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