Investing In Real Estate?
I keep coming back to the idea of investing in real estate as a great way to get a decent return on investment. I remember the quote by Will Rogers that said invest in land, they ain’t making any more of it. I have to agree with that. Land will become scarcer and scarcer as time goes on and as it becomes scarcer then the price has to go up.
This is why I am looking around the world for places to find good real estate, as I mentioned earlier. I think international real estate represents a unique buying opportunity. My first report is going to be on real estate in Argentina. I am just getting report all prepared now. There are huge tracts of land available there cheaply.
The Market is Getting Stronger
It’s nice to see that the real estate market continues to get stronger. I really think the economic stimulus checks did a lot to strengthen up the market and give it a base to build upon. I have noticed that people are starting to go back out looking for new homes. Sales appear to be stabilizing.
This is very good news because the industries that rely on a strong home market have been in tough shape over the last several months. I think that as things begin to solidify in the housing market, these industries, like home appliances and home improvement, will see a nice upturn. I do love happy economic news.
Is The Commodity Run Over?
It’s interesting, last weekend it looked like the sky was falling down. Bear Stearns was being bought, the credit crunch was on, the dollar was going down fast and gold was the safe haven. But something funny happened. People started to realize that a bottom may have been reached.
What happened? The dollar stabilized and gold shed nearly 10% off of its value in the last few days. It’s leading a pullout in other commodities as well. Many of them have a long ways to go down, but if these trends hold, the economy could be finding itself on a lot more solid footing in the next few months.
If this trend is holding, maybe it is time to get into real estate and other assets that have been pushed down.
Real Estate Market Is Poised To Bounce Back
The real estate market is really looking up recently. Now that Freddie Mac and Fannie Mae have reduced their reserve requirements and are back in the mortgage securities business, things are bound to get even better.
See, Freddie Mac and Fannie Mae greased the wheels of the housing boom and when they upped their reserve requirements, it took two huge players out of the mortgage securities market. Now, they are back in the game and that means that there is all a sudden a lot more liquidity in the mortgage securities market. It means that mortgage interest rates should come down and housing prices are going to start stabilizing.
If this is the case then it backs up the fact that now is the time to enter the real estate market.
Using Videos to Sell Real Estate
I am amazed with the explosion of real estate for sale on sites like YouTube. There are literally thousands of videos of properties for sale. I shouldn’t be amazed, anything that helps get a property noticed is a good thing if you are selling real estate like I am.
Unfortunately for me, my clients want videos for their properties as well and I am not good at video or video editing. That means I am busy trying to find an open source video editor for Linux and I am not having any real luck. I guess I will have to look at Windows if I can’t find one.
Any suggestions for a video editor that works in Ubuntu?