After the disaster that was Hurricane Katrina last year, many who lived in the affected areas in Louisiana, Alabama and Mississippi packed up and left. It is only now, over a full year after the flooding subsided that a comprehensive look at the future of gulf real estate can be made. There is a recovery going on, but it’s slow.
According to sources in the affected areas, the biggest problem facing Read More!
June 23rd, 2008 | Posted in Gulf Markets | No Comments
For many young couples, the idea of owning their own house just like their parents is an attractive idea, but it’s not very realistic. A recent poll conducted by the Associated Press and America On Line Real Estate showed that 80 percent of respondents believe that it is hard for first-time buyers to afford a home. A majority of those polled - 59 percent - also said that they believe it is harder to buy a home now than it was five years ago.
Taking a closer look at the poll reveals that young adults and Read More!
June 17th, 2008 | Posted in Home Affordability | No Comments
It is no secret that this is one of the worst times in history to be a home seller. Just ask anyone who has had their house on the market over the last few months. The bad news is that it doesn’t look like it’s getting any better soon and it may get worse, according to economic pundits. So, is there any good news for home sellers? As dire as the housing market looks, home sellers have options that can result in a home sale with money in their pockets.
No, there are no magic waves of the Read More!
June 6th, 2008 | Posted in Real Estate Market, Real Estates | 1 Comment
During the monsoon season in Southeast Asia, it rains almost every day. The hotels are empty, the beaches are bare and only a few people can be found in the restaurants around town. During off season is a great time to buy island properties because developers will offer bigger discounts.
Now, while in low season here in Phuket, Thailand is no different. Locals like the quiet season as a time to relax and recharge before the next high season. The real estate market is quiet like every other business. Developers are hungry to make a sale if they are Read More!
May 30th, 2008 | Posted in Buying House, Properties | 2 Comments