Jeff Adams Report 10 most uneven housing markets in USA Real Estate

Jeff Adams Real Estate Seminar Report 10 most uneven housing markets in USA Real Estate According to data released Tuesday from real-estate brokerage Red fin, sales of the priciest 1 percent of home are up 21.1 percent so far this year. Meanwhile, in the other 99 percent of the market, home sales have fallen 7.6 percent in 2014. Plus, they are often reddening with money thanks to the active stock market as of late.

Ten markets Oakland (96.2 percent growth), San Jose (91. percent) and San Francisco (72.2 percent) , as well as Long Island, N.Y. (72.1 percent) and Seattle (67.7 percent) have seen sales growth in the ultra-luxury space produce more than 50 percent just in 2014. In each of the above markets, the home sales for everyone but the 1 percent in fact fell from between 1.7 percent to 7.3 percent. 

But perhaps even more shocking are the prices the 1 percent is willing to pay for these luxury homes. In San Francisco, the most luxurious 1 percent of homes sold for $5.35 million or higher, in Los Angeles, $3,650,000 or higher and in Orange County $3,450,000 or higher. What’s more, certain neighborhoods within these costly cities blow those figures out of the water: In L.A.’s Beverly Glen neighborhood, luxury home buyers need to shell out an average of $11.9 million, its Humbly Hills neighborhood $9.9 million, and its Malibu Road and Malibu Colony neighborhoods $9.5 million and $8.8 million respectively. 

While banks don’t offer conventional loans for homes that are this pricey, let’s assume they did. In this case, a luxury home buyer in San Francisco would need a million-dollar down-payment plus an annual salary of $957,000 to qualify for a 30-year mortgage and he did still need to shell out $22,300 a month on top of that to cover his loan payments. 

Many housing markets are starkly unequal meaning that the top 1 percent of homes are priced considerably higher than the median house price in the area especially those near the beach. Consider the top 1 percent of homes in Miami the most unequal market in USA was priced 14.9 times higher than the median, those in West Palm Beach 14.1 times higher, and in Fort Lauderdale 8.8 times higher.

How to Prepare Your House for fast Sale Real Estate Tips

All seller dreams of a fast sale preferably at or even above asking price. While a competitive asking price is crucial to a fast sale, there are many others, perhaps less obvious rudiments that also come into play. Before you get too overwhelmed, we are here to offer some tips and suggestions to get your property ready for a speedy, easy sale.

Competitive Price Point

Listing your home at the most competitive price point will settle on how fast you will receive offers. Before agreeing upon the value of your home, request for your realtor to run comps of your neighborhood. This will tell you what other homes within your community are selling for, and also provide details around square footage, beds and baths, and any updates to neighboring properties. 

Curb Appeal

Though we are taught not to judge a book by its cover, this popular saying doesn't exactly translate in real estate. A new front door in a bright, trendy color invites visitors in from the curb, as do seasonal flowers and a manicured, well maintain lawn. Even the smallest of touches, like improvement your mailbox make a drastic difference. Replace any outdated window dressings with fresh, modern shutters. 

Minimize and Stage

Staging your home for sale is all about highlighting its strengths and downplaying its weakness Eliminate mail, books from any counter surface, leaving it barren and clean. If you are house is full of personal memento, minimize these items and leave buyers with a clean palette. Chunky furnishings tend to drive attention away from the space itself, and also can make a room look considerably smaller. Eliminate these pieces and keep only the basics needed to.

complete a room.

Though it can be expensive, hiring a professional cleaning service to scrub down your property from head to toe is worth it. Homebuyers want to walk into a clean, fresh environment that is both welcoming and characteristic. Garnish your kitchen with a bouquet of crisp scented flowers to add a soft feminine touch.

As for staging your home, ensure the furniture items you have kept flatter each room properly. Create a cohesive style that allows home seekers to get a feel for how they could potentially control the space. Keep all organized within your home, from your cupboards to your closets, allowing viewers a chance to see how prepared their own lives could potentially be.

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Jeff Adams real estate some of the concepts of safe investment tips

Jeff Adams real estate some of the concepts of safe investment tips In the United States, there are lots of investment options that the average America can go to and I mean a lot of options. Sometimes, it can be an irresistible experience thus leading to many people becoming extremely apprehensive towards the plan of investment.

Let me be very honest with you, it’s a scary thing but at the same time, it can also be a very good experience. If one does their research right, it can be a positive experience. What I want to do is present some options that I find are the most profitable and reasonable for an average American looking into the field of investment. 

Residential House:

In my honest opinion, without question, I personally feel that investing in residential housing has to be one of the smartest investment options out there today in the United States. Many Americans have gone about investing in residential housing and quite frankly, it’s the most popular form of investment for a reason.

If I was you, I would fast have ownership of a housing project or your own home. With this option, you have the complete power to do number 2 on this list or choose to use your home for other reasons. 

Rental properties:

Next item on my list of safe investment options in USA is renting properties. A common American way of doing knows how to actually evaluate their own rental property. 

There are many reasons for this kind of investment. In truth this is a very tough form of investment though. When you are doing this form of investment, you will need a very tough personality. Reason being, is the high possibility of kicking someone for being a non-paying, difficult, or destructive tenant.

If you have never finished this before, think long before getting into this form of investment option. It’s normal if you are not willing to become a property-owner because landlord have very hard job.

Mutual funds.

The main aim of mutual funding is to attract the attention of local or worldwide investors. It’s also a very common one as well. What many people do is they get small investors to invest money into some stock and share the responsibility as a whole.

If you are only investing a small part of your money and things go awry, you are not losing much. So, what I would recommend to you if you are someone that likes to play it more on the safe side I would go with mutual funding as a form of investment. 

This, in reality, depending on your mindset is one of your better investment options in Jeff Adams real estate seminar USA. These are my top 3 safe investment options I would recommend anyone living in the United States.

Jeff Adams Real Estate Seminar Commercial Real Estate Forecast 2014-15 Report

Jeff Adams Real Estate Seminar Commercial Real Estate Forecast 2014-15 Report Non-residential real estate value should increase at a modest-to-moderate pace in the coming 2 years (2014 and 2014), with stronger operating earnings partially offset by rising interest rates.

Commercial Real Estate Review

Private non-residential building is growing at a fairly strong pace, except in comparison to its past peak. Full dollars spent have increased by nearly 10 % in the past 12 months. Nationally, office vacancy is edging down, though 16 % vacancy doesn’t seem to justify the 17 % increase in office construction. 

Industrial vacancy has dropped by almost 1 % point in the past year. Developed construction has increased by nearly 8 % in the past year. Sell also enjoys slowly declining vacancy and more construction but again from a low base. Hotels are enjoying higher occupancy as well as average room rates that have increased by 3 %, on about one percent more rooms available.

Commercial real estate owners have improved their skill to repay debt, with the bank charge-off rate down to just 5 basis points last quarter years.

Increasing commercial mortgage interest rates hurt investment property values in 2013, as shown by REIT prices. Combining appraisals of institutional properties with operating earnings indicate that totality returns in 2013 averaged 11 %. That’s higher than the 9 % long-run average.

Commercial Real Estate Forecast

The increasing economy will boost occupancy and provide chance to increase rents. There is comparatively little new supply coming to market in most cities, so landlord will be in the catbird seat for a few more years.

The forecast for building is also positive, though it will be years before it is really strong. Vacancy rates are still high enough, on average and discourage extensive development. Property values are a little tougher to expect. 

On the plus side, higher operating revenue should boost values. On the negative side, higher interest rates will be a downward force. Past experience argues for increasing values in this type of market, but don’t expect appreciation to be as strong as the rise in earnings.

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Jeff Adams Real Estate Seminar Housing Market Report 2013 to 2014

Jeff Adams Real Estate Seminar Housing Market Report .America’s Top 10 Fastest-Moving Housing Markets If you are looking for a house in one of California’s biggest city in USA, fast when you see the right opportunity. 

A recent study of the nation’s fastest housing markets reveals that in some cities, the market is moving faster than it was a year ago. Two months, from February 14, 2014 to April 14, 2014. This number helps gauge how quickly homes are selling.

Jeff Adams Real Estate Seminar five new tips buying a Vacation Home

Spend Time

Jeff Adams Real Estate Seminar 8 tip buying a Vacation Home. Don’t even think of buying a vacation home until you have visited the area a few times. It sounds basic, but you better be sure you simply adore and can’t get enough of that beach town, village, before you commit to buying there, since you all be spending a great deal of your free time there in the future. Unlike hotels and timeshares, owning a vacation home doesn’t allow you the option to change destinations if your tire of the scenery.

All Your Costs

Just like your primary residence, you have to understand the total price of ownership including property taxes, insurance, and any other carrying costs. Remember, even when you are not there, you are still being charged for water, gas, electrical, trash removal and other maintenance services. Nothing ruins a perfect vacation home’ like being in over your head financially.

Every Day Vacation

For me, the entire first weekend of the season becomes an unrelenting spree of vacation home maintenance and repairs. In fact, a good number of your vacation days may spend at the local home development store. It’s a house, not a hotel, so it needs just as much year-round upkeep as your primary home.

Holidays Battle

Many popular vacation spots are areas that have a high season. For instance, in Florida, and in most ski towns, visits spike from December to February. This type of seasonality becomes a battle when the rental demand for your vacation home collides with the time frame you want to use it. So if you’re planning on maximizing your home’s rental income, be prepared to give up some of that peak-season vacay yourself.

Safety a Vacation

Check crime in the area on Trulia before you buy, especially if you are going to leave the home unoccupied for long stretch of time. A break in or other crime at your vacation home can be mainly frustrating when you are not around.

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Jeff Adams Real Estate Seminar Tips Four Reasons to Real Estate Refinance

As many people look to buy or sell homes this spring, you may be wholly happy in your current home. But even if you stay put, you might want to look into whether refinancing makes sense for you. Here are some reasons to real estate refinance.

1. You Want a Lower Interest Rate

This is the most obvious one. If you are looking to save money over the term of your mortgage with a lower interest rate, refinancing might be for you. Secure a lower rate can free up money for other items in your budget. You can work on building up your urgent situation fund, saving for retirement or adding to a college savings account. Rates are still in the past low territory, so if you got your mortgage when they were much higher, it could be a good time to refinance.

Before you sign up, it’s main to run the numbers to make sure that you will be saving enough even when you consider final costs. This can add up to a large chunk of change, so it’s important to find out what you’ll have to pay and what you will get out of it before you refinance. Depending on how much you pay in closing costs, it may take a few years to break even. This means refinancing will make sense only if you plan to stay in your house longer than that.

2. Your Credit Is Much Better

Perhaps when you purchase your home, you had less than stellar credit. If you have worked hard since then to pick up your credit score, you may now qualify for a lower interest rate. Refinancing may allow you to take advantage of that hard work by plummeting the amount you will pay for that very same home. You can see where your credit at present stands on Credit.com, where you can check 2 of your credit scores for free all month. 

3. You Want to Be Paid Off Faster

Another reason to refinance may actually result in monthly payments. That is because refinancing into a shorter term loan may help you save on interest in the long run. You will build equity in your home faster and own it complete sooner, but your monthly bill will be higher. One reason this may be a good idea for you is that you have gotten a raise or bonus that allows you to put more money toward your home each month. If limitation the term of your mortgage makes you worry that you won’t be able to make payments or that your budget will be too tight, this might not be the time to refinance.

4. You’d like to switch to a Fixed Rate

If you now have an adjustable-rate mortgage you can refinance to a fixed-rate mortgage. This can provide more stability to your finances since you will know the monthly cost of your mortgage for the period of the loan. This is because while a fixed-rate mortgage does not change, an ARM can. With current low interest rates, it may be a good time to lock in and avoid the worry of a variable monthly budget. While there is no promise this will save you money, most expect interest rates to rise and so would ARM payments.