Apartment Vacancy Rate falls to 5.2% to 2001 Level
No commentsThe nation’s apartment-vacancy rate in the fourth quarter fell to its lowest level since late 2001 as Americans continued to favor renting homes instead of buying them. Reis Apartment Vacancy Rate (click to enlarge) In the fourth quarter, the vacancy rate fell to 5.2% from 6.6% a year earlier and 5.6% at the end of [...]
CoreLogic: 10.9 Million U.S. Properties with Negative Equity in Q2
2 comments so farCoreLogic released negative equity data for Q2 2011 showing that 10.9 million, or 22.5 percent, of all residential properties with a mortgage were in negative equity at the end of the second quarter of 2011, down very slightly from 22.7 percent in the first quarter. An additional 2.4 million borrowers had less than five percent [...]
USA Update: Real House Prices and Price-to-Rent
4 comments so farCalculated Risk Finance & Economics blog, July 26, 2011 Real House Prices Real House Prices in the USA (click to enlarge) Below are two graphs showing real prices and price-to-rent ratios for residential homes in the USA. Real prices are back to 1999/2000 levels, and the price-to-rent ratio is also back to 2000 levels in [...]
Seller’s financing – my experience, process of buying property in Topeka
11 comments so farAs I described in the last post at Buying Property in USA blog, I was quite lucky, because I found a great real estate agent, who presented me with a few investment properties, with possible seller’s or so called owner financing. I have read a lot of things about seller’s financing before, but it was [...]
Buying investment property in Topeka, Kansas
7 comments so farAs I have mentioned in the previous post here at Buying Property in USA blog, I had a chance to spend some time in Kansas last year. I started looking around for investment properties, mainly because of the proximity to my future-in-law family. I wanted to be able to use the travel cost as a business [...]
Finding Property Management company
3 comments so farPart of investing and buying property in USA as a foreigner is finding a reliable property management company. As a foreigner, you can’t be present in the location of your investment property and therefore you don’t have the choice of doing the landlord by yourself. Using a property management company doesn’t have to be necessary [...]
Buy House in USA for a good price = Bidding wars!
9 comments so farIn this post I will continue my story of buying property in USA this summer. As I already said, I have spent 6 months of preparations and then finally I got my tickets from Europe to USA. When I arrived to Las Vegas, I rented a car and got accommodation. Accomodation is super cheap in [...]
Real Estate Investment Opportunities in USA
3 comments so farThe US property market was the place where the recent credit crunch and recession started. Over ambitious lending to customers that did not have the ability to repay fuelled the expansion of the property boom in the early part of this century but also proved to be its Achilles heel once defaults and repossessions started [...]
Buying Property in USA
3 comments so farBuying Property in USA blog launched! This website is all about investing in American Real Estate. This blog is meant to be a source of valuable information and tips for investors from all over the world in real estate. I myself am a small-to-middle investor and I have lived in the USA for quite a [...]