Is There a Houston Real Estate Bubble?

The real estate bubble refers to the bursting of the real estate market based on economic instability. It is what a lot of consumers worry about prior to investing their money in real estate. Realtors believe that real estate markets cannot crash because of several key factors. The real estate market is based on local or micro-local economies that are more stable than the world economy. They also believe that the real estate market is actually a compilation of local economies that have never been down since the 1960s.

The Houston real estate market has been subject to a lot of “bubble” rumors in recent years. Houston has seen a decline in its job market in the recent years, making Houston quite unpopular among professionals. Although living in Houston is fairly affordable, its lack of professional opportunities, compared to other urban areas, makes it less preferable. This may be one of the reasons behind the Houston real estate bubble. Local realtors, however, believe that the local economy is growing, and real estate sales have not declined significantly. This is accompanied by promising projections of more careers available in the years to come.

Real estate agents believe that the Houston real estate bubble has no basis at all, contending that real estate price appreciation rates may be considered high at almost 4 percent. Desirable neighborhoods in Houston still fetch high prices and may be sold even higher in a few years or when properties are developed further. Houston offers a little bit of everything, which makes it appealing to young families, especially with the insurgence of computer industries that are setting up facilities in Houston. The number of educational institutions in Houston that offer students a competitive edge over other areas also attracts a lot of individuals to Houston. Aside from these, Houston, despite being the fourth most populous city in the United States, has a fairly low crime rate. All these reasons make it quite improbable that the Houston real estate market will crash and never come back.

The UAE Real Estate in the Future

For those who are looking for an investment opportunity that doesn’t surrender to the international fall trend in real estate investment transactions, Dubai real estate market still appears to be a profitable option. Even though the initial stage of crisis seems to have gone, the credit crunch is expected to continue well into 2009, chiefly, in European and US property markets. This signifies a substantial decrease in property transactions in these markets.

However, according to many surveys conducted, the UAE real estate market, and few other markets such as the Asia Pacific, will not be affected to a great extent, and continue to draw investments.

Dubai real estate boom began in 2002, When the government of Dubai started permitting foreigners to invest in real estate, and this trend has lead to a series of real estate boom across the region. The GCC mortgage market, chiefly the UAE, experienced enormous growth over the past year, encouraged by the real estate boom.

Various experts have forecast-ed that mortgage market in the UAE will observe a major leap from Dh.20bn by the end of 2008 to Dh.64bn within the next three years, with Sharia-compliant house financing share to more than 60 percent of this figure.

Good news for a Dubai realtor is that the center of current financial Crisis is US and Europe and as far as UAE is concerned its economy does not suffer as much as Europe and America mainly because of oil wealth and dynamism in the economy. Moreover the future prospect of real estate market of Dubai is quite good for 2008 and beyond because of the fact that there is intense and ever growing demand for real estate in Dubai with almost 5,000 new families moving their base to Dubai every month. This is the area where, supply cannot keep up with demand, which in consequence increases rental rates charged and of course the underlying value of completed resale properties.

Furnished Apartments in Atlanta

Atlanta, comprised of numerous distinct neighborhoods, cities, and counties, has a good choice of furnished apartments – garden-style apartments, lofts, town homes, studios, and many others. Center city apartments and more suburban apartments come with features such as ample parking and swimming pools.

Furnished apartments are ideal for corporate housing and extended-stay rentals. These are available in any size, and equipped with kitchens, fully furnished bedrooms, air conditioning, fireplaces, dining and living rooms with or without bathrooms, hardwood floors, backyards, and parking areas. Some apartments in Atlanta are particularly designed to cater to the needs of short-term contractors or European business personnel. Almost all private apartments are located close to Atlanta’s business areas, shopping malls, and restaurants.

Extended stay apartments are available on monthly invoice payments and are perfect for business travelers, those on temporary assignments, consultants, and visiting family and friends. Furnished short-term apartments feature the most comprehensive short-term and temporary housing facilities. These are available in all price ranges and sizes, and on one-month to twelve-month leases. Furnished apartments are popularly marketed to businesses like movie studios and film production companies that frequently employ visiting, temporary workers.

The town home in Atlanta is one of the popular styles of apartment buildings. Town homes are generally built on more than one level with living areas on the first and/or second levels, and bedrooms on the levels above living areas. Town homes are perfect for those who are willing to live on multiple levels and are able to maneuver stairs.

The rapid growth of this metropolitan area and its economic development have both contributed to the increase in the number of new apartments. Although Atlanta is one of the world-famous industrial centers, Atlanta apartments are affordable and the average monthly rent is below the national average. If you are looking for a living space, Atlanta has a number of well-established property management companies offering furnished apartments. They assist you with computerized apartment searching and apartment rental services to search for a fully furnished apartment, whether it is traditional or modern, according to your taste.

Real Estate Bubble Burst – A Preview of Things to Come!

The LA Times ran a story on March 4th on the bust of the Shanghai, China, real estate market. In one of the world’s hottest housing markets, the last three years saw a doubling of prices. Things are now so bad now that thousands of real estate offices have closed, many homeowners have loan amounts that are greater than their properties resale value, recent buyers are fighting with developers to rescind their purchases, and banks are awaiting a wave of mortgage defaults.

Morgan Stanley’s chief Asia economist said “Shanghai’s housing slump is only going to worsen and imperil a significant part of the Chinese economy”. About the property now under construction, this same economist said “They’ll remain empty for years!”

The similarities to our hot US bubble markets, makes me believe this is preview of what we are already starting to experience (though at a much slower pace).

The first signs of trouble in our real estate markets were very subtle and only picked up, or acknowledged, by very few real estate professionals. Since mid 2005 the red flags have been quite obvious to even the layperson. Yet, the forever optimistic ‘it’s always a good time to buy’ industry line is embraced by the mass media (they certainly do not want to lose their immense source of real estate advertising revenue) and the naive general public.

In San Diego in particular and most other major metropolitan real estate markets, it’s quite acceptable to acknowledge and embrace the double digit real estate appreciation of the past. Yet, even the thought of depreciation of real estate is looked on with the same disbelief as if a child molester moved in next door.

There is a proven saying in our stock market: “You can never go broke taking a profit.” In many US markets, seasoned investors can still turn a profit. However, if Shanghai’s real estate market is any indication of what awaits the hot US markets…..the window of opportunity is closing very fast!

Finding The Right Apartment Building

Finding the right apartment is sometimes a difficult process. You may find one at a great location, but doesn’t have all the amenities that you’d like. You may find a great apartment but at too steep a price. On top of all that, you also have to worry about what your neighbors will be like, and whether you’ll fit in. Different apartments draw different types of crowds.

Student apartments house college students. They usually have single applicants who are put into an apartment with several other students. These apartments provide each person with smaller living space, for a smaller price. This low price is what is needed by students who are already paying enough just to go to school. Needless to say, you’re not going to enjoy living there if you’re not a student.

Some apartments try to appeal mostly to singles, and thus are called single apartments. These apartments contain one bedroom, a bathroom, a kitchen, and living room. They’re made to house only one person, so if you have a family living with you, this is not the apartment for you. These apartments are great for single people because they have the opportunity to mingle with other singles.

Family apartments have multiple bedrooms, and sometimes multiple bathrooms. They’re generally larger spaces to accommodate more people living in the apartment. Family apartments are a great place to raise children, as they’re surrounded by neighbors and potential friends.

It’s easy to tell which apartments cater to which type of people, provided you’re looking carefully. Whether you’re a student, a single, or have a family, there’s an apartment where you’ll fit right in.

The Advantages of Aparthotels

The most important benefit of staying in luxury serviced apartments is that you get the luxuries of a top hotel without spending a fortune and you get the pleasure of living in a home without the hassle having to set one up. An aparthotel is more cost-effective than a luxury hotel as well as more luxurious than a regular residential apartment. It combines the best of both worlds and you get to enjoy it all!

Aparthotels Manchester is deeply aware of the needs of the business executive.That is why the best aparthotels offer a wide range of facilities and features especially for their use. The apartments come equipped with internet, mostly Wi-Fi. There is access available to scanner, printer, fax machine, copier, etc. Typically, there is also a conference room available.

What to Look Forward To?

The best thing about serviced apartments Manchester is the experience. The look and feel of home allows you to fully relax and unwind after a busy day of work or pleasure. On the other hand, the many conveniences provided make you feel pampered and allow you to be stress-free. Whether you are in Manchester for business or pleasure, a luxury serviced apartment is an extremely welcoming option to stay at.

Location of Serviced Apartments

The first thing you will need to decide which area in the city is most central to you. You may end up traveling the entire length and the breadth of the city, especially if you are visiting the city for sight-seeing, or you may be confined to a business district if you are in the city for business. But, you will need to determine which location is best suited to you and then look for serviced apartments Manchester within that region.

Real Estate Investment Trusts

Real estate investment trusts (REITs) is an investment trust where many people invest their money in commercial and residential real estate businesses. The trust manages and possesses many commercial properties and mortgages. The trust also invests in other types of real estate. Real estate investment trusts shows the best characteristics of both real estate and stocks.

Real estate investment trust is a company that operates income producing real estate such as apartments, offices, warehouses, shopping centers, and hotels. Though a variety of property types are there, most of the REITs concentrate on any one of the property types only. Those specializing in health care facilities are called the health care REITs. The real estate investment trust was formed in 1960 in order to make large scale income raising investments in real estate, which can be easily accessed by smaller investors. The trust’s main advantage is that it helps a person to select an appropriate share to invest on from a variety of group rather than investing on a single building or management.

Real estate investment trusts are broadly classified into three categories – equity, mortgage and hybrid. The first category involves the ownership and management of income producing real estate. Mortgage real estate investment trusts offers money directly to real estate owners by acquiring loans or mortgage backed securities. The third category not only owns properties but also provide loans to real estate owners and operators.

Real estate investment trusts differ from limited partnerships in many ways. One of the main differences lies in reporting the annual tax information to the investors and another is that there is no minimum investment amount. For a company to become a real estate investment trust, it should share out 90 percent or more of its taxable income to its shareholders once in a year. Once a company is qualified as an REIT, it is allowed to reduce the dividends given to its shareholders.

Austin Apartment Guide

Austin is a developing city in the state of Texas and is a popular destination both in terms of business and education, for many people, especially youngsters. This has caused the demand for apartments to rise rapidly over the last few years, making the task of searching for an apartment quite onerous, both for experienced as well as inexperienced apartment hunters. There are several things to be considered while selecting an apartment for rent, lease or for sale.

Austin apartment guides are general guidelines offered by professional apartment locators, realtors, or real estate agents. These guides are also available on the Internet on the websites of realtors or locators. Austin apartment guides provide general as well as specific information to help in hunting for an apartment. These guides are very easy to read and follow. They generally include a list of questions relating to the requirements/priorities of the apartment-seeker, the issues to be considered while searching for an apartment, the issues that are important while selecting an apartment, and general leasing and renting information in the area of Austin. Some guides from locators also help to locate a house for the client depending on this information.

The general issues covered in Austin Apartment guides are the areas where the client would like to live (considers the crime rate, school system and amenities in the area); housing priorities (acceptance of pets, extra parking place, floor of the apartment, other amenities within the apartment complex (like laundry, recreation, health facilities etc); evaluation of the property (condition of the building, condition of the grounds and the landscape, etc); security aspects, utilities, and leasing terms and conditions. The information provided in the guides is very helpful in locating the ideal apartment. And though it seems like an arduous process, most locators and realtors offer free locating services to help clients the right apartment.

Toronto Real Estate Board – Function and Purpose

The Toronto Real Estate Board (TREB) was founded in 1920 by a small group of real estate practitioners. TREB is now Canada’s largest real estate board. There are more than 23,000 Members of TREB.

As stated in their policy manual, the Toronto Real Estate Board (TREB) is committed to advancing the interests of real estate sales people and brokers who comprise of TREB’s membership. Members of TREB are also members of the Ontario Real Estate Association (OREA) as well as the Canadian Real Estate Association (CREA).

The Toronto Real Estate Board is the main real estate board in the Greater Toronto Area (GTA) that is the home board for real estate agents in the GTA and surrounding areas. These agents belong to and use TREB on a daily basis to promote the mls listings of their clients. Members also utilize the mls data in the area. TREB is one of the largest organized real estate boards in all of North America.

TREB is also responsible for membership, ethics and arbitration decisions and mandates much of the direction of the membership with regards to the public and the government.

REALTORS® who are members of TREB are licensed professionals who must abide by a strict code of ethics and meet continuing education requirements to maintain their status.

The Multiple Listing Service (MLS®) should not be confused with any information advertised on any site or the multiple listing service site operated by CREA. The Multiple Listing Service is a tool accessed only by REALTOR® members with extensive depth and functionality.

Toronto Real Estate Board Members utilize various fundraising events to raise money to make significant contributions to local and national charities such as the Hospital for Sick Children and Habitat for Humanity Toronto. These fundraising activities have also resulted in the construction of a Habitat home for a family in need.

The Toronto Real Estate Board issues news releases twice a month. This includes a full statistical update on local real estate market conditions at the beginning of each month. The publication is called Market Watch and is available from any member realtor

ConclusionThe Toronto Real Estate Board is a very large real estate board that runs the MLS system for listings in the area. TREB helps many agents in the greater Toronto area supply timely and relevant information purchasers and to promote vendor client listings across the GTA and the Southern Ontario region.

3 Easy Steps to Become a Real Estate Bird Dog

A real estate bird dog is an important person of a real estate investment plan. As you may be aware, the main duties of a bird dog is to locate property lead for real estate investors who are willing to work with them. In return, investors will pay a fee to real estate bird dog for their effort for finding property for them.

So, how exactly that one can become a real estate bird dog? It’s simple. I will show you a 3 steps plan in order to become a successful bird dog:

i) First and foremost, you have to look for real estate investors who are preparing to accept your offer to work with them and find them profitable property leads. Investors are everywhere and it is easier to find one in a local investment club where they are normally gather together for exchanging views and knowledge of real estate investments

ii) Once you found an investors, you are basically ready to start your real estate bird dogging. Treat bird dogging as a business and learn the rope of it from scratch if you do not already have the relevant experience in real estate investment.

iii) Present the information that you have gathered to your investors in a concise and accurate manner. Information that are normally submitted by a real estate bird dog for investors’ evaluation including but not limited to location of property, purchase price, title particulars, background of landlord, indicative selling price and so on.

In order to become a successful real estate bird dog, it is important to constantly improving your knowledge in real estate investing. In fact, the hardest part of this business is not finding real estate investors or looking for a profitable deal for investors, but the determination to continue learning the rope of the business.