Archive for the ‘Real Estate’ Category

Steve Hoyt article on commercial real estate investing

Wednesday, June 18th, 2008

Here’s an article on Steve Hoyt, a successful investor in commercial real estate. On the one hand they say you can make good money hitting singles (as opposed to homers) but on the other hand they call the guy an artist:

What I realized quickly was that Steve had the entire discipline related to real estate that I someday wanted to have,” Lund said. “I do think the art of the deal is something unique. You can’t learn that in college. I think most of Steve’s peers would call him an artist when it comes to real estate.

I don’t think an individual investor needs to be an artist to do OK in real estate. As long as you can hit a few singles before your first strike out….

How do you find relatively low-risk but high-foreclosure real estate markets?

Tuesday, April 15th, 2008

This article discusses some of the riskier real estate markets, arguing that Denver is in better shape than Detroit and Cleveland because Denver is adding jobs at a good rate. The idea is that in some markets people aren’t buying because they can’t while in other markets (like Denver) they are just waiting for a better price.

Lease-to-own

Monday, March 10th, 2008

Here’s an interesting article about lease-to-own plans, which are becoming more popular in the currently down US real estate market. The article is fairly well-rounded with both advantages and disadvantages listed.

Vulture funds set to buy real estate

Wednesday, February 20th, 2008

This article talks about how vulture funds are ready to buy. Should individual investors follow suit?

Exisitng home sales sees steep decline

Saturday, January 26th, 2008

While it doesn’t mean prices are changing, existing home sales are down over 12% in 2007 from 2006. This article talks specifically about Philadelphia, with people giving the usual lines about how there’s nothing wrong with their city – it’s just a national thing…

Things to think about with real estate investing

Saturday, January 19th, 2008

This article has some interesting things to say about fixer-uppers (rarely worth it) and condos (as bad as coops?).

“Breathing new life into low-end neighborhoods through high-end apartments” is a line from this next article about a new apartment complex in Newark. Since it is 15 minutes by train from Manhattan, Newark already has the location to be a good real estate market…

Finally, this list of lucrative neighborhoods for real estate mentions New York again as well as other big US cities like Boston, Philadelphia, and Atlanta. Interestingly, it mentions specific areas in each city.

South Florida real estate

Monday, August 27th, 2007

This interesting discussion of South Florida real estate has lots of information. You’ll have to draw your own conclusions as there are conflicting quotes from several experts. There is some good numerical data to analyze as well.

Pittsburgh real estate going up steadily

Saturday, August 25th, 2007

Here’s a short article with the numbers on Pittsburgh area real estate. Housing prices are going up in some places…

There is some affordable housing in America

Thursday, July 19th, 2007

You’d have to call Ohio the big winner after looking through CNN Money’s 25 most affordable places to live.

Of course, this has prompted some local articles. A short one on Boardman and a longer one on places near Pittsburgh.

Expensive urban real estate equals decline of Chinatown

Tuesday, July 10th, 2007

Here’s an interesting article on Philadelphia real estate, particularly Center City. Real estate is still going strong there, and this article shares some statistics in an effort to explain why.

Urban real estate in general has become so valuable that Chinese immigrants can often not afford to live in Chinatown anymore. This article looks mostly at Boston’s Chinatwon where there simply aren’t many options for low-income people.

Because urban real estate is so expensive, many families end uo in the susburbs and workers have to deal with a commute. This article talks a little bit about some areas around Philadelphia that are decent for commuting.