The Benefits Of Developing A Multi-Use Property

Renovations that create a multi-use property or the development of a new multi-use project can be a very attractive investment especially in urban areas that are undergoing redevelopment. The concept of multi-use is to make the most of the site that is revitalized or developed. Multi-Use Projects Typical multi-use projects have a mixture of retail space, restaurants, offices, and/or living spaces. They may include parking areas. Large multi-use projects can also become destination locations that are core improvements, which create a momentum for the gentrification of an entire area. Waterfronts, boardwalks, and walking promenades are successful as multi-use projects in…
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Case-Shiller: February Home Price Growth Rate Slowest in 6.50 Years

Home price growth slowed in February according to the Case-Shiller 20-City Home Price Index. Home price growth hit its lowest rate in more than six years; this indicates that the roaring growth of home prices is settling and could provide opportunities for more would-be buyers to enter the housing market. The 20-City Housing Market Index rose 0.20 percent in February as compared to January. Year-over year home prices grew by 3.00 percent and missed analyst expectations of a 3.20 percent growth rate. The 20-City Index reported slowing trends in home price growth and emerging trends in housing markets within metro…
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States With The Best Opportunities To Acquire Investment Property

Real estate investors sometimes get stuck in a rut. They repeat the same type of investment that they did before. This is not necessarily a bad thing because a successful experience is worth repeating. However, it is also a good idea to occasionally take a look at the big picture as well, to see what else is out there for investment consideration. Real estate markets go up and down. This can be a regional phenomenon. In some states, there are lots of properties that are "underwater." This means the owners borrowed more on their property than it is currently worth.…
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Finding ‘Hard Money’ Lenders Is Easier Than You Think

Are you the type of real estate investor that has an interest in a treasure hunt? A real estate investment strategy based on hard money is, at its core, a treasure hunt. There must be an underlying value, the "treasure," for a hard money opportunity to exist. Collateral For A Hard Money Loan Is Only The Property Hard money loans rely only on the value of the real estate property for collateral. The credit history of the borrower is not important. Usually, the limit for a hard money loan is a 60% loan-to-value. The hard money loan must be in…
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NAHB: Home Builder Confidence Rises in April

Home builder confidence increased in April to an index reading of 63, which was one point higher than for March and the highest reading in six months. Analysts said that April's reading revealed more about housing market conditions in the past six months than it was an indicator of future market conditions. November's builder confidence reading was the lowest since housing markets tanked in 2008, Builder confidence recovered over the past few months despite headwinds including higher materials costs and shortages of labor and buildable lots. Home Builder Confidence Holds Steady Despite Headwinds NAHB Housing Market Index readings over 50…
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