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There is a lot of media attention on foreclosures these days.  It seems everywhere you turn the radio, TV and newspapers have increasingly more negative news.

Although there are many markets offering great investment opportunities, it is true that there is a significant increase in foreclosures, and nationally the housing market has slowed down significantly.

February foreclosure activity was down 4 percent from the previous month but still up 57 percent from February 2007 according to the latest RealtyTrac U.S. Foreclosure Market Report.  That equated to 1 out of every 557 households having a foreclosure filing of any sort.  Nevada, California, and Florida posted the top state foreclosure rates, with California and Florida metro areas accounted for nine of the top 10 metro foreclosure rates in February.

I’ve put together a short list of links if you are interested in more information on the current state of foreclosures:

I know a lot of people who couldn’t care less about Donald Trump. I happen to like him. Not because of his wealth but because of his mind set for success. But whether you like him or not, there are very few people who could disagree with his rules of Success.

Here’s Trump’s complete top 10 list he gives when speaking at colleges:

And there you have it!

If you’ve been sitting on the sidelines wondering if you should jump into the real estate market, stop wondering.  This is a prime time to pick up some great deals.

It’s a buyer’s market, interest rates are near record lows, and prices a attractive in many markets around the country.  But you should not be focused on looking for quick-flip properties as you probably won’t find any.  You may catch a good buy on the front end but your exit strategy might hurt you if you can’t unload it quick enough.  The right strategy today is to buy and hold with a medium to long term horizon.

 Take a look at today’s new article: Make Money Today In Real Estate.

Continued Success!

Subprime loans were initially aimed at people with weak credit. But by 2005 and 2006, lenders encouraged many types of better-off borrowers to take such loans, including people with large incomes who chose to speculate on the real estate market.

But many subprime loans were made to refinance lower income borrowers who already owned homes, which often loaded them up with more mortgage debt than they realistically could manage and creating a risk of foreclosure.

Today there are very few lenders with loan products aimed at the subprime borrower, but they do exist and the lending criteria required by those lenders are far stricter than in years past.  I’m sure we’ll see the day over the next few years where many lenders announce subprime loan products, but for now we’ll have to wait for the market dust to settle and confidence to rise once again.

Once again, the Feds dropped interest rates another 0.75% today.

The U.S. credit crunch has sent financial markets swaying and stock prices to some new record lows. But the Federal Government’s priority has clearly become a balancing act to heal the nation’s real estate markets, which have been in recession for more than a year through most of the country, while simultaneously aid the financial markets. But the shift has clearly occurred as the nation’s economy has worsened away from real estate and into the overall economy. Continue reading »

The summer of 2005 saw the dreams of hundreds of thousands of American people destroyed when Hurricanes Katrina and Rita hit the Gulf Coast. These hurricanes destroyed homes, stole lives and wiped out entire communities in Alabama, Louisiana and Mississippi.

The American government quickly named the regions most affected by the hurricanes as the ‘GO Zone’ – short for the Gulf Opportunity Zone.  Today the Go Zone is actively and passively experiencing a massive regeneration and rebuilding by thousands of people, from new businesses to new home construction. Continue reading »

Everyone would be a millionaire if real estate investing were 100% risk free. No one would have any reason not to invest. Only those real estate investors who are not afraid to face risks and know how to deal with them will be successful in real estate investing. If you want this to be you, take a little time to learn the risks involved with investing in real estate.

Potential for Negative Cash Flow: Like many other investments, real estate has the potential to create losses. Whenever you complete a deal with less money than you started with, you’ve created negative cash flow. And too much negative cash flow can leave you broke. So it’s very important that you Continue reading »

Welcome to what we expect will become the definitive blog on real estate investing!

Our approach will be a little different than most other blogs.  In addition to interesting topics related to real estate investing, we also plan to include our insights and answers to questions submitted by you!  Simply use the form on the top right.

Norada Real Estate Investments is doing some great things to help make your investing easier and more profitable.  So subscribe to the RSS feed, and check back often as we kick-it off and grow.

Continued Success!