More info…
“China State Construction Engineering Corp. jumped 56 percent on its first trading day in Shanghai as confidence in the nations economic recovery stoked demand for the worlds largest initial public offering in 16 months.”
Looking for a Housing Recovery
“The housing crash is the single most important factor that started this recession, so it would be nice to know when it will end.”
Phoenix Home Resales Surge 71% from 2008
“Existing home and condo sales in the Phoenix area soared in June to the highest level seen in that month in four years, according to housing data provider MDA DataQuick.”
Related Websites -
Buying A House For $1.75 In what could possibly be the cheapest house ever sold, a woman decided to forgo her morning cup of Starbucks coffee and used that money to buy a house instead! SAGINAW, Mich. - With a winning bid of just $1.75, a Chicago woman has won an auction for an...... -
Living off dividends [or how to invest in Real Estate for cashflow] While surfing onlne, I came across this blog post: Real Estate as an asset class. Basically this guy wants to be able to live off his dividends at some point and his blog is devoted to that. He's wondering how real estate fits in. He invests in REITS but isn't...... -
Book Review: Be a Real Estate Millionaire You might not be aware, but I'm somewhat of a night owl. It's been quite helpful for working on the third shift; naturally being awake when most other people are asleep makes it that much easier to stay awake during the night. But it has downsides, as well; on my...... -
Real Estate: The Time To Buy? None-the-less....lender's books are filling up with Commercial REOs. Commercial assets at discounted prices are showing up by the truck loads....So....it is cherry picking time. BUT one huge problem. Lenders are not lending. Well....at least not without a heavy down payment. Up to 50% on some deals....especially retail...office....industrial. Apartments still...... -
Tax Breaks For New Home Buyers According to The American Housing Rescue and Foreclosure Prevention Act of 2008, passed by Congress in July, first time home buyers who purchase homes between April 8th 2008 and July 1st 2009 are eligible for a first time home buyer tax credit. They can get $7,500 tax credit or up......

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