Displaying blog entries 1-10 of 21
Here are the latest numbers out today for the Case-Shiller Home Price Indices:
Bottom line: nationally, we are around a 30% decline from the peak of the market.
WHERE DO YOU INVEST?
Several business books suggest three ways to become financially independent. It is said that these three methods of building wealth create "multiple streams of income" - a never-ending financial source that continues to grow. So - what are the three "magic beans" that, when planted, yield wealth?
They are: 1) investing in real estate, 2) investing in the stock market, and 3) running your own business. To achieve excellence in any of the three, you must have extensive knowledge, be willing to take risks, and have a passion for achievement.
First comes knowledge. Who do you think might have the best grasp on the ins and outs of real estate - a doctor or someone in the real estate business? An understanding of contracts, real estate law, pricing and values, marketing, financing and math would all be vital, wouldn't they?
Risk-taking does not come easily for most of us. Unless we put our money at risk, however, we cannot expect a favorable return. If you don't believe that, just take a look at what your checking or savings account is paying right now!
Finally, we must have a passion for achievement. That means a burning desire, not a lukewarm, milquetoast attitude. Anything less will leave us in the dust of others who display that desire.
Wealth, a.k.a. financial independence, does not arrive on our doorstep in the form of a visit from Publishers Clearinghouse. Nor does the lottery or an inheritance often pay us a visit. We are able to achieve wealth only by choice. It comes slowly at first, and then builds to a crescendo beyond our wildest imaginings.
It's the "at first" that will govern the final result. So, then, it's your choice - real estate, stocks, your own business, or all three!
If you are a buyer looking for mountain properties, take note on the following information and why this is a great time to purchase.
*The economy is improving so super low prices may be coming to an end.
*Federal bail out and tax credits are coming to an end.
*Inventory is slowly getting absorbed with less choices for buyers.
*Affordable homes are the most competitive price range
*Interest rates are still low but if they go up you will loose purchasing power.
Charming 1920's Cottage on over an acre of Clear Creek frontage! Just offered to market. Floor to ceiling rock fireplace is the centerpiece of the spacious living room area with high ceilings and skylights. The comfortable kitchen and eating area has lots of windows to let the forested setting stream in. The Sandy River is right across the street and pet and child friendly Clear Creek is steps away in a parklike setting.
$275,000
|
|
 |
Price reduction on this stunning Salmon River Condo unit at Shadlow Hawk! Reduced $20,000! Take a tour of this incredible location right on the river.
 |
|
Here is the latest Fall Newsletterfor the Mt. Hood National Forest Homeowners Association. It looks like there will be a moratorium on increased lease fees for 2010! Read the details here!
Here is an interesting report by Trulia on price reductions across the United States. Around 25% of homes for sale in the US. have reduced their prices at least once. Just about 36% of homes in the Portland Metro area have reduced their price at least once from June 2009 to October 1, 2009 by an average of 9%.
This is not a misprint! Seller says it must go before the end of the year! This is a very affordable property in Government Camp that comes completely furnished, turn key ready for occupancy. The price was slashed $30,000!
Today's price is $350,000. Sleep the entire ski team in this cozy cabin which boasts a huge living room, fireplace, pelet stove and more.
NO OUTRAGEOUS ASSOCIATION FEES
saving you thousands a year!
 |
|
Displaying blog entries 1-10 of 21
