I came up with the following rules of successful real estate investing over my many years of successes and failures. These are the same rules I follow today and share with our clients at Norada Real Estate Investments.
Knowledge is the new currency. Without it you are doomed to follow other people’s advice without knowing if it’s good or bad.
I wanted to write about the importance of real estate education through books. This article presents the 10 best books on real estate investing that will get you started in 2020. If you read all these books, you will imbibe a lot of information and learn from the case studies of top investors who’ve achieved great success in real estate investing.
Are you a real estate investor? Are you planning to invest? Real estate investing is an ever-evolving industry. Real estate is said to be one of the best investments that an individual can make. But why do so many people fail at it? You need adequate real estate education in order to help you out along the way.
We are proud to announce that we have made the prestigious Inc. 5000 list of the fastest-growing private companies in America.
Inc. Magazine ranked Norada Real Estate Investments as #925 on its annual list of the top 5000 fastest-growing private companies in America. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small businesses.
The latest New York Real Estate Market Report is given below. You will also find the details of the current real estate trends for NYC or New York City. Low inventory and increasing buyer activity are keeping the prices stable in the New York housing market. It’s a relatively good time to buy a property in New York as housing inventory is on the rise and competition is less.
Let us first look at the statewide real estate market report for New York. With the phased opening of the economy, buyers have been quicker to return to the housing market. It seems they want to cash in on the opportunity to purchase their favorite properties amid a historically low-interest rate of 3.3 percent on a 30-year fixed-rate mortgage. The median sold price remained flat at $270,000 in May as compared to last year. The month’s supply of inventory dropped by 11.5 percent in May, from 6.1 months to 5.4.
On the other hand, sellers in New York are still holding back on listing new properties on the market. New listings are still on the decline as compared to last year. According to NYSAR, as COVID-19 restrictions continue to soften, the New York real estate activity is expected to continue to improve in the coming weeks.
We will discuss the latest San Jose real estate market trends & news and find out how they can affect the investors and homebuyers in the latter half of 2020. The shutdown due to coronavirus pandemic had an impact on California’s economy and the real estate sector as well. 2020 started with low inventory in San Jose, and a strong seller’s real estate market. The number of home sales in January and February were really strong. Then came the shelter-in-place order due to the COVID-19 pandemic. The impact of the pandemic on the San Jose housing market was felt in April when home sales started dropping massively.
One of the best real estate investment opportunities available is also one of those that’s rarely discussed: mortgage note investing. Mortgage notes are also known as real estate lien notes and borrower’s notes. They have become a popular asset class over the past few years. Investing in mortgage notes has many benefits such as — rates of return that are higher than the bank’s traditional low yield bonds; and higher than most stock dividends. Let’s first discuss the meaning of a mortgage note. A real estate mortgage note is a promissory note secured by a mortgage loan.
The coronavirus pandemic has literally gone viral and the California real estate market also got impacted by it. Today, we decided to take a look at the impact of the coronavirus pandemic on the California housing market. We’ll also look at the likely medium and long-term effects of the outbreak. Before the coronavirus outbreak, the declining interest rates bolstered February home sales and price in the California housing market. The no. of home sales in February went up 6.6 percent from the 395,700 level in January, marking the first time in three months that sales jumped above the 400,000 benchmarks. February also marked the eighth consecutive month of year-over-year sales increases, according to the CALIFORNIA ASSOCIATION OF REALTORS®.
The previously-booming Las Vegas real estate market was badly impacted by the ongoing pandemic. Unemployment is at a record 28.2%. The economic uncertainty and massive job losses directly affected its housing market as well. However, it has managed to avoid total collapse. Even though these effects on the Las Vegas housing market are deemed as short-term, it is yet to be predicted as to what the potential long-term impact could be. On the positive side, the national housing market is expected to bounce back faster than anticipated from the damage caused by the COVID-19 pandemic, according to Forbes. They also said that among the Las Vegas housing market is among those cites that are showing the most signs of a positive recovery. With the reopening of its economy, the Las Vegas real estate industry is looking forward to how the business can be conducted in the wake of the new normal.
