Showing posts with label estate. Show all posts
Showing posts with label estate. Show all posts

Thursday, December 15, 2011

Real Estate Market: The Arizona Advantage

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The globalization of real estate has opened up many avenues for investors, institutions, investment funds and high net worth individuals. The development of private property ownership, real estate has become a major area of business. Buying and selling real estate requires significant amount of knowledge and investment. Each parcel of land has its unique set of characteristics, so the real estate industry has evolved into several different fields. The price or market value of real estate, although generally tends to increase over time, is highly volatile and erratic.

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Arizona has evolved as one of the fastest-growing, most dynamic economies in the nation. Both fortune 500 and start-up technology companies call Arizona home, reaping the advantages of a competitive business climate and tax structure; a skilled, knowledge-based workforce; and world-class innovation, cultural and scenic resources. This is great news for investors in Arizona real estate because they can just about have their pick among the type of Arizona real estate in which they would like to invest.

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The Arizona real estate market is growing in the sale of both single-family homes and condos. The condominium market tends to be a bit riskier for investing because there are fewer condo sales than there are single-family home sales. On the other hand, investors who would rather receive their payback in monthly rental income rather than in one large lump sum often prefer condo investments.

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In the last decade, there has been a huge influx of people moving into Arizona. More people means greater demand for housing. Naturally, real estate investors are seeing a great future ahead. Investors who seek single-family home investments for Arizona real estate will usually have an advantage. That's because these investors will likely receive a higher gain from buying houses, touching them up to increase their market value, and then reselling them at a later date.

Many economists have been predicting for the past year that the real estate market in major Arizona cities is about to burst. However, despite that, Arizona real estate has continued to grow. And the history of Arizona real estate has shown that it is better to buy now and sell later rather than to wait and see before jumping in the investment game. It is the consultant's opinion that future growth in Arizona will largely follow established development patterns and will be guided by existing development regulations. With a few exceptions, it is generally believed that recent development trends will be a reasonable predictor of future development over the coming years.

Most people deal with an estate agent while buying or selling property. Arizona is home to many prospering real estate agencies. They provide many useful services and work with you in different ways. Real estate agents usually offer other optional services such as arranging mortgages and surveys. Since the median home price in the major cities in Arizona is rising right now, it is best to hold Arizona real estate for one or two more quarters before selling in order to receive maximum gain.

Real Estate Market: The Arizona Advantage

Denver Estate Real

Wednesday, December 14, 2011

Real Estate Prospecting Tips - How to Motivate Yourself

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Real estate prospecting is a highly essential factor in building up your real estate brokerage business. However, so many agents commit simple mistakes that take them away from making the prospecting that will have them get paid and earn the amounts of money they wish to make every year. There are some real estate prospecting tips that you must consider and follow to be successful in your real estate business.

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You can take a phone survey. Select a topic that is probably to be of pursuit to your prospects - how the contemporary economy is influencing the neighborhood or the influence of recent school reformation. Then offer to e-mail the results of the survey. Probably, you might have an exigent list of e-mail marketing. Before you find out the phone marketing, know about the anti-solicitation laws of your state. Surveys are not illegal under the national do-not-call laws; however, at the same time, you cannot discuss or sell your services to individuals over the phone. Maintain the call purely to research.

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When you make a call to introduce yourself, inquire if the individual is busy. If yes, just ask for a commodious time to call again.

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Include a memorandum field to your contacts database to add personal and pertinent data about prospects. For example, a big promotion, children going to college, or planned retirement in two years.

You should study the language utilized in FSBO Ads and adjust your marketing demonstration to meet the form of each prospect.

You must motivate yourself to prospect by establishing a deal to pay a fellow member a day on a daily basis.

Always have a smile when you pick the phone up. After picking the phone, say some wishing words. Some people say, the mere act of smiling subtly makes fine distinctions to your voice and manner and influences you more comprehensible.

When you are arranging a listing appointment, make sure that you are talking to the decision maker.

You must hand address your letters. It maximizes the likelihood that the individuals will open them. Mailing numerous letters to hand address is difficult take. Therefore, you can select a computer font that appears like handwriting.

You must contact your best prospects first on the off chance you run out of time.

You should develop the list of your e-mails by sponsoring a periodic online contest. You can tell the interested prospects that they can enter via email and you should notify them in the same way. You must offer better prizes such as useful electronic equipments or dinner for two at a popular restaurant.

You can ask your prospects for a short appointment reciprocally for your tips on how to widen the value of their home.

Real Estate Prospecting Tips - How to Motivate Yourself

Denver Estate Real

Tuesday, December 13, 2011

How To Make Money As A Real Estate Bird Dog

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There are many ways to make money with Real Estate. In my opinion, one of the easiest ways to make money with in thsi business is becoming a Real Estate Bird Dog. Stop before you rush out the door! You'll still have to work at it. However, many of us believe it's far easier with fewer headaches than many other techniques.

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What is a Real Estate Bird Dog?

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A Real Estate Bird Dog is a person, or in some cases a company, who locates investment property for Investors.

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Why would Investors pay for a service like this? Simple. Many Investors are business people who are busy making money. They don't have time to hunt down good deals in major real estate markets. This is where you into play.

What do I have to do?

The most important thing to know to become a successful bird dog is know your local market. To do this, bird dogs seek out relationships with real estate brokers, agents, bankers, lenders and anyone else who may have knowledge of a good investment.

In most markets, the bird dog will be a person who already works in the real estate field, for example a Agent or perhaps an assistant to a Real Estate Agent. However, I know Bird Dogs who do nothing other than find investment deals for investors.

How do you make money with this?

Normally once a bird dog finds several investments or investment leads, they then present them to the investor. When/if they buy the investment, the real estate bird dog is paid a service fee which is typically a percentage of the price of the investment or it could be a flat fee, it depends on the bird dog.

What are the advantages?

One advantage is that once you hand the property off to the investor, you job is done. You don't have to worry about setting up financing, inspections or any other of the headaches that can come with investing in real estate.

How much can a real estate bird dog expect to make?

Obviously it depends on what percentage of the deal you decide your time and effort is worth, but some command as high as a 10% finders fee. I've heard of higher fees, but most that I'm aware of run in the 3 to 6% range.

Are there any disadvantages?

Well, for one, in some states, if you find real property for an investor and then charge a fee, they feel you need a real estate license. Check with the State you live in before going into this.

Whatever you do, get everything in writing. At the worse case, you'll have to take a few nighttime classes and get your real estate license. There are worse things to do! At the least, you'll just have to start networking with the industry in your market to get in on the ground floor of becoming a real estate bird dog.

How To Make Money As A Real Estate Bird Dog

Denver Estate Real

Sunday, December 11, 2011

Denver's Real Estate Market

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It's no secret that the housing market has taken a dive in the U.S. While we can hope that we've seen the worst, only time will tell exactly how and when the market will fully recover. Luckily, for the citizens of Denver, things are beginning to look up, as one recent study has shown.

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According to the Denver MLS, September 2011 showed a 12.5% increase over last September's residential closings as well as a 28.4% decrease in active listings. The average sold price of residential homes is still down, and saw a 3.4% decrease since last year. While this may not be great news for homeowners, it's great for potential buyers.

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Foreclosures in Colorado's metro countries have also take a steep dive since last year according to the Colorado Division of Real Estate. The fourth quarter is starting off to a good start with a 23.2% decrease in foreclosure filings from last October. Beyond just the filings, foreclosures sales have also decreased 28.3% since last October, which is very promising for homeowners.

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These numbers are continued successes from earlier 2011 data. In fact March saw a 44% increase in home and condo sales in the Metro area according to Metrolist. Denver is seeing steady improvement. While the numbers are nowhere near the pre-crash real estate market, a stable appreciation of home values is more than welcomed.

The real estate market is also seeing growth in the commercial sector, as the Metro Denver office market vacancy rate fell just slightly from 13.8% to 13.5% from the second to the third quarter. Industrial market vacancies saw another small improvement, dropping from 6.4% to 6.1% during the same timeframe. As with the residential market, the commercial market improvement (no matter how small) is warmly welcomed.

The decreased commercial vacancies bring more good news in the form of jobs. According to the Denver Economic Development Corporation businesses increased hiring in January and February, which added 5,200 jobs to the Denver area. Denver is still building, and a variety of projects are beginning despite the slow economy. Some of these projects include the Denver Crime Lab, the Children's Hospital Broomfield and a transit development along the light rail line.

It seems that Denver is looking up in the real estate industry. If you're looking for Denver CO homes for sale, now is the time to take advantage of the market.

Denver's Real Estate Market

Denver Estate Real

Friday, December 9, 2011

Understanding Real Estate Loans

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When you start shopping for real estate loans, you will probably be overwhelmed by the immense variety of mortgage loans offered. While this gives you the opportunity to choose exactly the type of loan that will be the best for you, it can also get extremely confusing. The three most popular types of real estate loans or mortgages are: Amortized Loans (AL), Adjustable Rate Mortgage (ARM) and Hybrid Loans.

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Amortized Loan (AL)

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If you take the amortized loan (also known as a level-payment fully amortizing fixed-rate loan), you will pay equal monthly installments for its entire duration. The installments consist partly of principal and partly of interest - the proportions between them shift gradually from interest to principal, but the monthly sum you have to pay stays exactly the same. This kind of loan is very predictable and thus safe for the borrower, but because it lacks flexibility, the interest rates are usually a little higher when compared to adjustable rate mortgages.

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Adjustable Rate Mortgage (ARM)

Adjustable rate mortgage (ARM) is the most popular type of real estate loan. Just as in the case of the amortized loan, you will pay a monthly installment that consists of both principal and the interest. Your installment amount, however, may go up or down because the interest rate changes through the term of the loan, depending on the changes of index rate(s) it is tied to. The most popular index rates are the prime rate, LIBOR (London Interbank Offered Rate), COFI (11th District Cost of Funds Index) as well as various Treasury Bill and Certificate of Deposit rates. To add some safety, most ARM rates have both annual and lifetime caps. These caps limit the amount interest rates can exceed yearly and during the entire life of the loan. Some adjustable rate mortgages offer reduced initial payments, but that's not the rule.

Hybrid Loan

Hybrid loans earned their name from the fact that they can be converted from amortized to adjustable rate loans and vice versa, depending on your decision. This adds a lot to the safety, as in the case of a market crash you can convert your ARM into a fixed rate loan or do just the opposite in the time of prosperity. Unfortunately nothing is perfect: most of the time hybrid real estate loans have either higher than usual interest rates or they can be converted only if certain conditions are met. Some of the conditions that need to be met include: an initial period of three years or longer (during that time the loan can't be converted), the current interest rate amount and/or the need to pay an additional fee for converting your loan.

The choice between these three types of real estate loans depends mostly on your preference and comfort level. If you want stability and you are able to pay extra for it, go for the amortized loan. If you want to pay as little as possible and you want to risk a little, apply for the ARM or hybrid loan. Just remember to check the annual and lifetime caps or you may find yourself in trouble at some point during the life of the mortgage.

Understanding Real Estate Loans

Denver Estate Real

Thursday, December 8, 2011

Real Estate Confidentiality Agreements - Are They Necessary?

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Every once in awhile celebrities would like to keep certain things secret from other people. Sure, there are times when they want and need to be known, such as when they're publicizing a movie, TV show, or new CD. Other times, such as where they live, they'd love to be able to have a slice of privacy if they could.

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This begs the question about whether a celebrity needs a confidentiality agreement or not when it comes to purchasing real estate. Truthfully, there's not really a good answer for this because it's the wrong question. The correct question is whether a celebrity can get a confidentiality agreement when it comes to real estate purchases.

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The initial answer off the cuff is "no". The more complicated answer is "it depends." Let's explore both of these.

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Residential real estate, when we're talking about buying and selling homes, is an open disclosure industry. Every person has the right to go through both local and state records to learn anything about any house and who the homeowners are. In every community across the country, when homes are bought and sold the listings are posted in the newspaper. The name of the buyer is listed; the names of the sellers aren't always listed, though the names will be in the local and state records. So, in this instance, there is no confidentiality agreement to even consider.

Now, if a celebrity is looking to buy property with the intention of building a home, suddenly the rules change. Strangely enough, buying property is often considered as more of a business purchase than a personal purchase, and therefore it's easier to disguise yourself if that's your intention. In this instance, a celebrity who's looking for some privacy can get a confidentiality agreement by hiring someone to act as a broker on their behalf to acquire the property.

And one other thing is at play here. Though once a home is purchased the buyer's name will be disclosed, before a home is purchased the buyer can actually have a confidentiality agreement with a broker, who becomes the person searching for the home. A celebrity might fear that someone might increase the price of a house if they know a famous person is interested in buying it, or might spread the word around the neighborhood that someone well known is a potential buyer. Some celebrities would rather keep that private, and in that case having a confidentiality agreement works well.

Real Estate Confidentiality Agreements - Are They Necessary?

Denver Estate Real

Wednesday, December 7, 2011

Howard Stern is Hot in Real Estate

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Howard Stern has over 20 property related files in Queens, 27 in Brooklyn and 1 in Manhattan. The files include mortgages, releases or satisfaction pieces, liens and powers of attorney.

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One 11 page mortgage was recorded on 9-23-04 for a two family dwelling, located at 243 51st Street, Brooklyn in the amount of 0,000. Another property transaction for 845 Dean Street, Brooklyn was recorded on 5-25-04 in the amount of 0,000 at an unbelievable 14% interest rate considering rates were at a fourty year low. The senior mortgagee (holder) is Howard Stern and the junior holder is New Way Realty Corp. Better known, in my opinion, as loan shark one and two. If you think that's scary, you should read the actual 10 page document.

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This information and other similar types are available to you for free. You just have to know how to get it by a name, address, parcel number, even street intersections. It is easily accessable.

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You can find out about divorces, liens, marriages, wills, transfers, judgements, deeds, releases and many fascinating things such as hundreds of years old documents in beautiful handwriting and language together with a wax seal. This is one way people or mortgage companies buy loans from each other, usually not even alerting the borrower until after the fact.

Howard Stern is Hot in Real Estate

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Tuesday, December 6, 2011

Real Estate Will Come Back

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Do not believe in the real estate crisis. You are able to create your own reality; and if you believe, you can make some business -- you will.

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You have heard the news, do not keep all your eggs in one basket, have an alternate source of income. This is for all the licensed people looking for a way to capitalize on their real estate license: you can be a referral agent, working with a broker, all you need is to find leads. You can use real estate as a second income, while keeping your career.

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Don't wait until you start seeing the success stories of Realtors that did not believe in the crisis and kept working without looking back, the time to act is now. For the non realtors reading this article I explain in more detail in my website why is important to use a Realtor in your real estate transaction, my suggestion is that if you are looking to buy, the timing is great, make sure to use the knowledge and skills of a Realtor to make sure your real estate transaction will close as fast as possible and that all your rights are protected.

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Education will always be the way. It is so easy to get information at our age. Using a Realtor will help find the right home. He or she will also assist you in the negotiation part, which is my favorite part of the purchase. You will be free to continue doing what you like to do, living a normal and stress free life, while the Realtor is doing the leg work for you.

And if you are looking for a luxury condo in the most charming areas of the city, using the services of a Realtor will make a huge difference in the process. It is very easy to pay more in a luxury condo, but a Realtor will be able to provide you the most recent closings in the area, and will help you to use that information as support to your purchase offer.

Buying a home is a very important decision, and a very important step in your life, let a Realtor help you all on this journey.

Real Estate Will Come Back

Denver Estate Real

Monday, December 5, 2011

Colorado Springs Real Estate - Black Forest Homes

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Find your dream house property in the Colorado Springs real estate area of the Black Forest. This part of the Colorado Springs real estate area is located in northern El Paso County. The Black Forest is a rural area that is situated on approximately 200,000 acres of land. The area is heavily wooded with mostly Ponderosa Pine trees. Black Forest is a mix of older homes and newer homes. The northwestern Black Forest real estate area includes: High Forest Ranch established 2001-2004, Walden established 1965-2002, Hawk Ridge established 1994-2000, Wissler Ranch established 1996-1999, and Elk Creek Ranch established 1980-1993.

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Home Prices & Descriptions

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Many of the homes for sale in the Black Forest real estate area are 5 acre house properties. There are mostly ranch style homes and 2 story homes. Some of the homes are custom homes and reflect "country style" living and some of the homes resemble houses that blend into "city living". Many of these Colorado Springs real estate subdivisions include features such as: multiple decks and fireplaces, slate floors, barns and garages, granite counters, and theater rooms.

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The minimum sales price for homes in 2008 in the Black Forest is 5,000. The minimum size Black Forest home for sale is 3,408 finished square feet. The minimum home for sale is 3 bedrooms, 3 baths, and a 3 car garage. The average sales price in 2008 is 0,000 and is 4,527 finished square feet. The average size home for sale is 4 bedrooms, 4 baths, and a 4 car garage. The maximum sales price in this Colorado Springs real estate area is 5,000 and is 5,646 finished square feet. The maximum size home for sale is 5 bedrooms, 5 baths, and a 5 car garage.

One of the newer communities in the Black Forest real estate area is the prestigious High Forest Ranch. The Ranch has rustic custom homes for sale. There are close to 20 different custom builders to choose from. Some of the homes in this Colorado Springs real estate area are situated on 2.5-5 acres of land. Residents in the High Forest Ranch area have community lodge at their disposal for those special occasions. The custom homes for sale in this Colorado Springs real estate area range from 9,900-.5 million. Amenities for some of the homes include: multiple fireplaces, slab granite counter tops, vaulted ceilings, great rooms, family room, master retreats, theater rooms, billiard rooms, wine rooms, travertine flooring, outdoor covered decks, and wet bars. Many of the Colorado Springs homes for sale in this area have extensive timber and stone features.

The Walden real estate area has beautiful custom ranch style homes with lots between approximately 1/2 acre and 1 acre in size. Many of the homes have stucco exteriors and resemble more of a "city look." Some of these Colorado Springs real estate neighborhoods include: custom cabinets, molding and trim, granite slab kitchen counter tops, hardwood floors, multiple fireplaces, 5 piece master baths, vaulted great room, stucco exteriors, perennial gardens, offices, recreation rooms, game area, formal dining rooms, wood decks with hot tub, walk-out rancher, and gourmet kitchens. Homes for sale in this Colorado Springs real estate area range from the high 0,000s to just under 0,000.

In the privacy of the pines is the prominent Hawk Ridge real estate area. Hawk Ridge has homes for sale on approximately 2.5 acres or less. Many of the homes are custom homes with features like: hardwood floors, walls of windows, multiple fireplaces, French doors, granite kitchen islands, custom cabinets, hand crafted banisters, ponds, walk-out dining area, and large decks. The homes for sale in the Hawk Ridge community range from the approximately the mid 0,000s to 1.3 million dollars. This part of the Colorado Springs real estate area borders the Black Forest area.

The Wissler Ranch homes for sale range from the mid 0,000s to 0,000. Some of the homes have luxurious living and family rooms, huge open kitchens, spacious master suites, home theaters, wine cellars, exercise rooms, recreation rooms, and 5 piece master baths. Many of the homes are on approximate 3 acre lots. Some of the homes are gorgeous cottage style houses with old world charm. The homes for sale in this Colorado Springs real estate area range from the mid 0,000s to the mid 0,000s. The Wissler Ranch community also borders the Black Forest area.

There are some homes for sale in the Elk Creek community in the low 0,000s. The homes are located in meadows and in the woods. Most of the homes are on five acre lots and are zoned for horses. Some of the homes have beautiful mountain views and some are located in the meadows and have natural streams running through the properties. Many of the homes include barns, storage sheds, fences for horses, RV parking. There are custom homes in this community. Find your perfect dream horse property in this Colorado Springs real estate area. Amenities include: vaulted/beamed ceilings, large kitchens, fireplaces, skylights, multiple decks, oversized garages, and covered stalls.

Schools.

The schools of attendance are: Lewis Palmer Elementary School, Ray E. Kilmer Elementary School, Lewis Palmer Middle School, Creekside Middle School, and Lewis Palmer High School. The schools are part of the Lewis Palmer School District 38 boundary area.

Neighboring Communities.

The Southwestern portion of the Black Forest is located to the south and contains the Black Forest Regional Park. The Black Forest extends to the east. The Kings Deer, Canterbury, Fox Run, and Cherry Creek Crossing subdivisions are situated to the west.

Commuting.

The northwestern Colorado Springs real estate area of Black Forest is located near Highway 83 and County Line Road. It is convenient for commuting to Colorado Springs and Denver. This part of the Air Force Academy real estate area is located approximately 30 minutes or 22 miles from the USAFA main gate and is a possible Colorado Springs military relocation choice.

Recreation.

The High Forest Ranch community has miles of hiking trails and open space. It is close to the Tri-lakes real estate area. Three lakes and multiple golf courses are located in the Tri-lakes area. Shopping is close by in Monument, Castle Rock, Denver and Colorado Springs real estate locations.

Colorado Springs Real Estate - Black Forest Homes

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Sunday, December 4, 2011

Colorado Real Estate Schools

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When we speak of Colorado, what usually comes to our minds is a wide stretch of mountain ranges - so beautifully located in the Rocky Mountain region in the United States. It's also the eighth in size among the 50 states. Aside from its mountainous place, don't you know that we have a number of Colorado real estate schools as well in this huge state? People who are interested in getting a real estate license would normally go to Colorado and enroll in one of the schools offering such course.

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It has been known that Colorado has the highest pass rate for 2007. Students who took their courses in any Colorado real estate schools normally get high chances for passing the licensure exams, even with testimonials attesting that more than 90% pass their broker exam on their 1st attempt. This only shows that education programs in Colorado are one of the best. Kaplan Professional Schools, one of Colorado real estate schools, is Colorado's number 1 real estate school, with a reputation of over 45 years of experience in providing the best licensing, exam preparation and continuing education programs for the Colorado real estate community. Most of their classrooms can be found in Denver and Colorado Springs. These Colorado real estate schools offer the same amount of teaching expertise to its students. They are also internationally recognized and strategies taught to the students are indeed very helpful.

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The MacIntosh Real Estate School is also one of the Colorado real estate schools providing the same level promising success in passing the real estate licensure exams. They have trained thousands of successful real estate agents in Colorado with their very much developed teaching methods and techniques. They are always adept to the changes in the real estate world thus making it easy for them to teach its students giving them tips which are very useful in passing the exams. Aside from the usual way of going to school, MacIntosh Real Estate School offers the convenience of studying from home. You can work at your own pace without being bounded to conform to someone else's classroom schedules. You get one-on-one attention because you get to interact with the instructor via email. Another Colorado real estate school is the Colorado Real Estate at ProSchools. It's also a premier real estate license school with over 50 years of experience thus proving authority on the subject.

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Real estate schools in Colorado have gained their reputation through years of experience. Many licensed real estate agents as well have attested to their skill and competence. Indeed, Colorado real estate schools has earned their title. Thousands of people would prefer taking their courses at these schools - indeed getting their money's worth!

Colorado Real Estate Schools

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Saturday, December 3, 2011

How to Get Started in the Real Estate Game Fixing and Flipping Houses

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If you're looking to get started investing in real estate by fixing and flipping houses, you'll want to know what to type of property to buy. Many real estate investors make millions turning ugly houses into dollhouses. On the other hand, some inexperienced investors lose money buying houses that just don't turn a profit.

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Three Tips to Help You Find the Perfect Fixer

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1. Learn Your Market

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Your first task, exploring your market, helps you know a bargain house when you see one. Look at houses for sale in your area. Keep track of sales and how long the houses take to sell. Ask about the terms of these sales because this helps you understand how sellers market their property. For instance, if a seller paid closing costs for the buyer, did the price rise from the listed price accordingly? Or, did the seller come down on the price and pay the buyer's costs, too. Examine the sales that sell quickly. What home features and financing options prompted the fast sale?

Also, look at model homes. Buyer often chose resale homes because they can't wait for a new home to be finished. But, these buyers like the amenities found in newer homes. When you transform your fixer, you'll know what buyers desire and you'll make informed makeover choices.

2. Know When "Bad" Can Be Good

When you first start out in your real estate "fixer" enterprise, you'll want to look for houses needing only cosmetic work. Look for houses that just need cleaning up, painting, and new flooring. Don't be afraid of stinky houses that show horribly; look for fixers with peeling paint, holes in the wall, stained carpeting, and trash in the yard. Remember, these houses won't look good to most buyers, but that other investors see them as gold mines. You need to use your imagination when viewing these homes. Try to visualize the finished product.

3. Know When "Ugly" Means "Pass"

If the house has cat urine staining the carpet, the subflooring or concrete foundation may need replacing. Dog urine cleans up easier. If the walls have too many cracks and bumps, you may need to hang new sheet rock or hire a professional plaster refinisher. Look for signs of plumbing problems such as water stains under sinks and loose flooring.

When you're new to real estate investing, always remember your limitations. Use caution when considering houses needing structural repairs. Some rehabbers replace walls, plumbing, structural beams, sub-flooring, and electrical systems, but they acquired those skills after years of experience or pay a professional.

If you find a house with structural problems, get estimates from reliable contractors to do the work. Experience teaches you how to do more over time. Until then, rely on experienced contractors to do the repairs. Take professional estimates into account before deciding whether or not to purchase an investment property.

Why would anyone want to do this? How much does the average investor make? In Philadelphia, real estate investors only make offers on houses they expect to make ,000 on. In Southern California, many investors make ,000 to 0,000 on each house.

Summary: You can make a fortune fixing ugly houses. Learn your market. Know when "ugly" means bad that can be good, and when stinky means pass.

Copyright (c) 2005 Jeanette J. Fisher. All rights reserved.

How to Get Started in the Real Estate Game Fixing and Flipping Houses

Denver Estate Real

Wednesday, November 23, 2011

Lakewood Ranch - Fantastic Florida Real Estate

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Lakewood Ranch is an unincorporated master planned community spread over an area of 8500 acres located in Manatee County, Florida. The development offers amazing acres of preserves, miles of sidewalks and breathtaking lake vistas. The most highlighted feature of Lakewood Ranch is its green community development guidelines and the community is soon to be the largest green-certified development in the United States.

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Lakewood Ranch has more than half of its area dedicated to trails, parks and recreational areas as people of Florida love to spend the maximum amount of their time outdoors enjoying our beautiful weather. Each Lakewood Village boasts its own unique attributes and offers a soothing environment for relaxation and enjoyment. Besides trails and parks, a lot of importance is also placed on tennis and golf. Lakewood Ranch is a host to an array of competitive golf courses. The community also offers state of art facilities for the game of tennis. There are 18 tennis courts available for play at the Lakewood Ranch Country Club, 16 Har-True and two red clay. All other amenities and facilities have also been well provisioned in the community such as polo club, cricket club, movie theater, supermarket, shopping, fine dining, swimming, fitness, private schools, high schools, social clubs, medical facilities and numerous other recreational facilities.

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The community includes seven unique villages that include custom estates, townhouses and condominium units. The seven villages of the development are Greenbrook, Summerfield, The Lake Club, Edgewater, Lakewood Ranch Country Club, Central Park and Riverwalk. Among these, the village Central Park and Country Club East are still in early development stage whereas the rest of the villages are maturing nicely.

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There is no doubt that Lakewood Ranch is a perfect place to live in as you have the exceptional opportunity to enjoy the natural settings and friendly atmosphere. For those individuals, who desire to own a newly constructed home, there are several builders offering new construction, whereas those individuals who are hunting for the best deal in the area should consider the foreclosed properties and short sales available in the development.

The development has seen a drastic reduction in the amount of available homes and home builders are once again operating in the development. This activity is resulting in higher prices compared to 6 months ago. If you are considering owning a home in Lakewood Ranch now if likely to be the best time to do it. Interest rates are their lowest in most home buyers lifetimes and it will not remain this way forever. Lakewood Ranch is a great place to invest in real estate.

Lakewood Ranch - Fantastic Florida Real Estate

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Monday, October 31, 2011

Looking Into The Future of Denver Real Estate

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Just over the past few years, it's important to note that the real estate subprime mortgage crisis had an effect on the consumer, not to mention the rate of foreclosures as well. It all depends on what real estate market you are in. It seems that this is what we might be looking at for the next several years. Good thing for Denver, though, is that throughout this housing crisis, the Denver CO real estate market is not as affected as other markets across the country.

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Denver isn't affected by this because property prices haven't been increasing at the same crazy rates as other cities like Las Vegas and San Deigo. Most of Denver's real estate is marked below the national average. Because of this, the value of properties, while declining in some locations, are not declining at nearly the same rates as other cities.

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It costs less to live in Denver than it does to live in both Seattle and San Jose. Additionally, it costs half the price to live in Denver then it would to live in San Francisco, Boston and even New York! That is definitely something to talk about. It is still more expensive to live in Denver then places like the mid west, Atlanta, GA and Dallas, TX.

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According to Rocky Mountain news, the Denver CO real estate market is ranking at the top for overall increases in home value, even during these rocky housing times. It has increased about .03% and they are steadily on the rise. They are still having problems with getting buyers relocated to the Denver area, and purchasing these new homes is still a challenge when these hopeful Denver residents can't sell their existing homes. Even so, it appears that Denver real estate is on the rise.

Looking Into The Future of Denver Real Estate

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Real Estate Investor Home Value Game - How to Become an Expert on Your Market

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Whether you are a relatively new real estate investor or an experienced real estate investor, if you want to become an expert on housing prices in your current real estate market, consider playing the following game. Over the years, I have had many people share a version of this game with me. It was formally taught to me by my real estate broker and then again by a real estate guru that I was a consulting client of. Before this, while I was growing up, my father and I played similar games as we looked at possible investments together.

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Here's how the game works: find someone that is also interested in real estate to partner up with and take a list of recently sold properties with you in the car. One person will be guessing. We'll call him the guesser. The other person will be reading the property information to the guesser. We'll call her the reader.

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First, you drive to a house that recently sold and have the reader tell the guesser the information about the house: beds, baths, square footage, special features and everything else about the property EXCEPT the price. Then, the guesser needs to guess the price that the house sold for. Ideally, you want to be within a couple percent of the value.

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The ultimate goal is for you to be able to drive down the street, see a house for sale and with some basic information about the house, give a reasonable estimate of what it will sell for in your current market. It may take a month to two or three of playing this game for you to get good enough to be able to do this and accurately guess 9 times out of 10 the correct sales price, but it is well worth the time to establish yourself as an expert on market values.

Real Estate Investor Home Value Game - How to Become an Expert on Your Market

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Sunday, October 30, 2011

Making Money in the Real Estate Bubble

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An investor in any market will tell you that in order to make money that market needs to be in motion. That is either increasing or decreasing and it is true with stocks, bonds, commodities and real estate. The question is if the real estate market is decreasing how to make money in it.

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You don't turn profits in stable markets. What you need to know how to do is manipulate the buying and selling of stock in both markets. When the NASDAQ was going through its own bubble cycle there were still people who were making millions by making adjustments to their style of investing so that it fit into the current market.

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It is obvious that those investors who purchased at the top of the market and hung on to the declining stocks lost a lot of money. Understanding the different types of trading and how to manage risk can also be used to invest during the current bubble in real estate.

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Remember that no one can predict the future. If anyone ever brings up the term "sure thing" when talking about investments you should immediately ignore them. Especially true if that person is talking about entire market movements. Taking notice of when the prices of stocks increase or decrease or even when showing strange behavior is easy to do. Predicting those changes is much more difficult.

Years before the NASDAQ correction happened Warren Buffet believed that the market was over-valued. Being a value investor Warren took the interesting approach to remain on the sidelines. Then again there are active traders that look to downturns in the market to make their money. Either method could be successful when applying it to the bubble in real estate.

When it comes time for an over-valued market to correct itself there are several ways it can happen. There are investors that think the real estate earnings are out of balance when talking about price to earnings ratios. These ratios refer to the amount of rent collected within a year versus the purchase price of the property. Normally that ration should be right about 150.

There are some areas right now that the ratio is around 400. This earning-ratio could be corrected through the decrease of prices, the increase of rents or some sort of combination. There are some financial experts that say the real estate market could take 20 years to correct.

So that brings up the question of what you are going to do. Will you wait a possible 20 years for the market to change or will you adjust how you invest to make money now? When you talk with financial advisors they speak in terms of controlling the risk relative to the potential to gain in the investment.

If you understand these concepts and follow these steps anyone is able to learn how to invest at times when others perceive the market as a bubble that is dangerous and risky.

Making Money in the Real Estate Bubble

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Friday, October 28, 2011

Oregon Real Estate

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People who want to buy homes somewhere peaceful, tranquil and in the vicinity of the sea will find the Oregon coast a perfect location to build the homes of their choice. The sound of waves splashing on the beaches coupled with the never-ending view of the spectacular ocean has made the Oregon coast an attractive real estate market for homeowners and investors alike. With property values burgeoning in recent years, Oregon coast real estate is an ideal investment option for those who wish to settle in the idyllic location of the region.

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There are a number of real estate agents that specialize in helping potential customers buy and sell property along the Oregon Coastal region. First time buyers and sellers are advised to seek the guidance of an expert real estate agent to make the right decision and handle the legalities of buying or selling property.

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Situated amid the fabulous Pacific Ocean and the Coastal Range Mountains, the Oregon coastline presents an unforgettable experience. It encompasses the pristine exquisiteness of the Pacific Northwest and offers a unique coastal way of life that many people fall in love with.

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The Central Oregon Coast covers Lincoln County, the southern end of Tillamook County and the north end of Lane County, as well as the enchanting Heceta Head Lighthouse and the popular Sea Lion Caves.

A majority of the people residing here were initially attracted to the picturesque splendor that the mighty ocean presents. Many people visit the state and then long to live in this area and enjoy the unique experiences and way of life. While some have succeeded in procuring a property others have failed due to the exorbitant prices of properties in these fabulous locations.

Oregon coast real estate encompasses an extensive range of homes, land, farms and commercial properties. There is something for everyone in this beautiful, scenic and generally peaceful area of Oregon.

Oregon Real Estate

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Wednesday, October 26, 2011

QR Code for Real Estate

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You could not know but since ever, I've often been quick to check new advertising ideas as they come out. And since I own codytech.com, it's often been a method to put those ideas on the internet. That was the case when I heard about the QR codes about 2 years ago.

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I read an article on the internet about it and I know they're utilized for literally everything there. You walk within the street, pass by a restaurant and it is possible to see a QR code on the wall, beside the door. You take a picture with you cellphone and you get the menu and pricing on your screen. It's that basic.

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Of course, sky's the limit. It is possible to uncover those code on T-shirt, coffee mugs, and any sales supplies offered, such as Real Estate flyers or enterprise cards.

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Let me give you some suggestions to use them inside your Real Estate career.

1st get that application for your smart phone. They're virtually all totally free to download and totally free to use. They're all offered to use on any smart phone. You will have the ability to uncover a dozen of them just by Googling QR codes app:-)

Then, create your own QR code for whatever you want, whatever it's a phone number, an email or a web site. Personally, I use qrcode.kaywa.com to make them and print them, or copy the image from it.

Secondly, just insert them in each and every piece of advertising you would like to have. Have your web site URL QR code on your flyers and enterprise cards. Print the URL of a specific listing you've and show it on your yard sign. Which will permit possible buyer who pass by to have the pictures of the inside and your details on the spot!

And third, I have experienced a great deal of interest about those QR codes from possible clients. They ask questions and when they get the full picture of it, it turn out to be an enormous listing tool. They see you as a "tech savvy and advanced" Real Estate agent. You'll get the attention of higher end sellers, men and women who are far more into new technologies. Those normally owns higher priced properties.

The cool factor isn't just about showing off. Occasionally it's about showing men and women that you've the capacity to imagine the next generation of real estate technology, that you've what it takes to appeal to the bleeding edge of modern residence shoppers, and-this can't be overlooked-that you're willing to try some thing diverse and pique our quite human curiosity.

So what about those that do not have a QR reader on their phones (the majority of Americans)? Explain it to them on your internet site. Put a URL next to it that corresponds to an area on your web site that discusses QR codes. And, what do you know? You got them to go to your web site, together with your listings, contact info, and all that other killer content you've to capture leads.

QR Code for Real Estate

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Tuesday, October 25, 2011

Why It's Better To Buy, and Not Rent, Denver Real Estate

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While home ownership in America was once seen as a stabilizing economic force, the housing bubble of the past decade pushed many into mortgages that they couldn't afford when the housing market crashed in 2007. The overleveraging of credit through risky mortgages was seen as a symptom of flawed tax and housing policies, and renting, not buying, is being promoted by some as a safer way to ensure economic stability (1). But the logic behind this new rationale is now flawed, especially in the Front Range where Denver real estate conditions are much improved.

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Denver commercial property was indeed overpriced during the real estate bubble that developed from 2000 to 2007. But as Andy Knudtsen of Economic and Planning Systems, Inc. shows, property prices in the Denver area have actually fallen 12 percent since the bubble burst, stabilizing in March of 2009 (2). This means that consumers looking for Denver homes for sale can now get good deals on properties that feature low, stable prices.

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In fact, the 12 percent average drop in Denver real estate prices was much smaller than in certain areas of the metro area, such as Glendale, where certain Denver condos and apartment prices dropped 33 percent from 2005 to 2010. Often these larger drops in real estate prices were in newer properties and buildings, whose facilities and locations are just as prime now, but whose prices are much more reasonable.

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Of course, for homebuyers who purchased Denver real estate between 2000 and 2007, this means that the price of their Denver property is most likely lower than when they first purchased. For these property owners, there is a silver lining. For starters, rental rates are increasing at a steady pace and vacancy rates are near a 10-year low (2), so there aren't many other options that would be better than their home. Furthermore, foreclosure rates are dropping (3) and the state's population is still increasing by double-digit rates, meaning demand for Denver real estate should return.

For new homeowners not bogged by underwater mortgages, this is a great time to be looking for Denver homes for sale. With Denver property at reduced prices, and many foreclosed houses selling for steep discounts, now is a great time for any Denver homebuyer, whether looking for an investment or a great home to live in. With property values stabilized and the state's population increasing, look for Denver property values to increase in the coming years, keeping Denver real estate as the strong, stabilizing asset it almost always has been.

Why It's Better To Buy, and Not Rent, Denver Real Estate

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Friday, October 21, 2011

Addressing the Exterior - What Real Estate Agents Do!

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We often hear of the claims that Realtors get more from the sale of their own homes than their clients. This could be because Real Estate Agents know how to get Top Dollar for their homes. Really, they package, market and sell homes for a living.

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When it comes to selling their own homes, this is typically what a real estate agent would do to the exterior before putting it on the market.

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Real estate agents understand the importance of "curb appeal". To beautify the exterior of the home, they know to focus on the driveway, entranceway, landscaping and front door.

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- The front lawn and shrubs are manicured. Gardens are mulched.

- All clutter is removed from the front lawn.

- Cracks in the driveway and walkway are fixed.

- Gutters and downspouts are cleared and in good working order.

- Chipped or fraying paint on door and window frames is removed, and fresh paint is added.

- The front door is painted or replaced if needed.

- The exterior of the house is painted if needed.

Real estate agents understand what it takes to sell homes. By not having to overcome the scepticism that sometimes comes from sellers, the agent can just do what it takes to get the home ready to sell. We all know that making the home shine will typically result in a faster sale at a higher price.

Many sellers think the more fix-up work they do, the higher the price they will get. That's not true. Beyond the necessary fix-ups, you can easily start wasting your money. Never do any unnecessary fix-ups prior to selling.

Addressing the Exterior - What Real Estate Agents Do!

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Wednesday, October 19, 2011

Buying a Homes in San Jose CA - Is Now the Time to Buy San Jose Real Estate?

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There are many things about San Jose real estate that you will want to know before you begin getting serious about the homes for sale there. As of October 2010, there are specific price trends, demand trends, total inventory of homes, and market conditions that you should educate yourself about. This will help you know when and where to buy your first or next home in San Jose, California.

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Prices on homes for San Jose real estate are looking very good right now. In November of last year, prices were a bit steep at a median of 0,000 as opposed to just under 0,000 now for an identical home. Keep in mind that "median" is not the same as "average." In real estate, medians are generally used instead of averages because a few high-end homes can skew the numbers significantly. By calculating the median, or midpoint, a more accurate representation of local housing prices is given.

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The demand for homes raised and lowered a bit from January to May of this year. In May, the demand for house skyrocketed in the popular spring buying time as the average number of days on the market plummeted from 150 days to about 80. Since then, the number of days that San Jose real estate stays on the market before being sold has leveled out at about 100.

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The amount of "inventory" simply means the amount of San Jose real estate that is for sale. When the inventory is higher, there is a great supply for buyers to choose from, allowing them to have a greater say in setting the price.The number of homes for sale in San Jose has been climbing steadily since mid January of this year. Then there were 1,500 homes for sale and as of October 3, 2010, 2,858 homes were for sale.

The market conditions have been heading steadily in one direction since January of this year. By taking median price, inventory levels and days on the market into consideration, it is possible to calculate what kind of market it is. Currently, listed homes can last for several months on the market while maintaining a current sale rate. This is called a "cold market" or a buyer's market. In markets like this, prices are bound to fall and buyers can negotiate lower prices. This means if you are interested in investing in San Jose real estate, now is the time to do so!

Buying a Homes in San Jose CA - Is Now the Time to Buy San Jose Real Estate?

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