Monthly Archives: February 2013

What are the top challenges facing America’s home builders this year, and how can you capitalize on the knowledge of their fears and your unique advantages to make better real estate investment choices this year?

The media might make it sound like an impossible mission to take out a mortgage loan today and many individuals, real estate agents and real estate investors have become fearful of taking on any form of debt, much less a big, long home loan from the nation’s now notorious banks.

Thinking about buying a home? Is a multi-unit property just what you need or a disaster waiting to happen? There are a huge number of first timers looking at buying a home today and many interested in cashing in on the current market to invest in real estate while home prices are still cheap and mortgage rates still so low. So is a multifamily duplex or triplex a smart move?

Real estate agents, investors all those in other related fields are frequently hammered with the message that they need to be networking. It is true that it could be the most important and valuable use of time in pushing through to growth and success but for all the advice that these professionals must be networking there is little, if any on actually how to do it, or perhaps more critical how not to do it.

Personal finance magazine Kiplinger recently ranked New Haven, CT as one of the top 10 cities in the country for singles. Based upon a number of factors including population size, average income and the cost of a date to the movies, pizza and bottle of wine Kiplinger recently published the following list.

Should you consider taking out a second mortgage to tap your home equity or is that just setting yourself up for foreclosure? Despite there still being 11 million U.S. homeowners underwater according to CoreLogic home equity loans continue to make a comeback.

Mortgage delinquencies may be declining but that doesn’t mean they are over by any means… Credit bureau Transunion reports that mortgage delinquencies dipped 14% in 2012. Of course it’s no secret that banks and mortgage lenders have been tightening up underwriting and credit standards for years too, which ought to lead to fewer foreclosures ahead.

Mortgage delinquencies may be declining but that doesn’t mean they are over by any means… Credit bureau Transunion reports that mortgage delinquencies dipped 14% in 2012. Of course it’s no secret that banks and mortgage lenders have been tightening up underwriting and credit standards for years too, which ought to lead to fewer foreclosures ahead.

Home staging has evolved yet again, providing a powerful tool for those selling a home and powerful lessons for all business owners and aspiring entrepreneurs in today’s fast paced, high-tech environment. Last year CT Homes covered the evolution and benefits of virtual home staging for those selling houses. Home staging has always had advantages, though has been restrictive and costly in the past.

The recent blizzard dumping several feet of snow in New England isn’t just a nuisance for those that need to get around; it certainly has the potential to disrupt business for owners of CT rental homes. However, this is also a time when local landlords should be stepping up to come to the aid of their tenants as well.