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Archives for September 2015

Do Zillow Zestimates Mislead Real Estate Investors?

September 27, 2015 by Marco Santarelli

We know Zestimates aren’t exactly accurate, but new real estate investors rely on those numbers all too often.

Zillow states on its website that it is a “useful starting point” to assist home-buyers with valuing real estate properties.  Some real estate investors say that though Zillow is indeed a data resource, it can mislead investors about the real value.

[Read more…]

Filed Under: Financing, Getting Started, Housing Market, Real Estate Investing

Survey Finds Investors Thrive in Changing Market

September 23, 2015 by Marco Santarelli

A recent survey by Visio Lending found that real estate investors are optimistic about the next year of investing.

With home prices rising and foreclosures decreasing, investors are adjusting their strategies for buying investment properties by searching further from home and at higher price brackets, the survey revealed.

Of the nearly 700 respondents, 34 percent said they are broadening their searches for properties outside their home states, with Florida being the top state for investing, chosen by 67 percent of investors who searched multiple states.

[Read more…]

Filed Under: Real Estate Investing

Economic Impact of Every Home Sold  [INFOGRAPHIC]

September 15, 2015 by Marco Santarelli

Every time a property is sold, the surrounding economy gets a boost.  Local businesses and industries benefit at every stage of the process from the sale to post-sale purchases.  These include aspects like home construction costs, real estate brokerage, mortgage lending and title insurance.

Hawaii leads the way with a $177,000 boost to their local economy.  The national average is $57,500.

[Read more…]

Filed Under: Economy, Housing Market

How to Track Your Real Estate Portfolio | Podcast

September 3, 2015 by Marco Santarelli

Passive Real Estate Investing Podcast

In this episode we talk to Joel Grasmeyer, a real estate investor, engineer, and entrepreneur who started PropertyTracker.com in 2004 to create user-friendly, yet powerful tools for real estate analysis.

Some of the topics we discuss include: [Read more…]

Filed Under: Podcast, Real Estate Investing

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