Jeannie Niles Real Estate Investment
 |
"The worst of this may well be over"
I just came across this recent comment made by Alan Greenspan, (former chairman of the Federal Reserve), in a recent speech on October 9, 2006:
There is a good chance of coming out of this in good shape, but average housing prices are likely to be down this year relative to 2005. I don’t know, but I think the worst of this may well be over.
You can read more about his speech here. The article also points out the slight differences in opinion between Greenspan and the new chairman, Ben Bernanke, who said that the market is still undergoing “substantial correction.”
-
Income property has once again become “Income property”.
-
There are many small income properties available in the area. Prices here have declined over 50% since the peak of the market late 2005/early 2007.
-
It’s possible to obtain some great apartment financing. 25% down payment and interest rates at 6% or slightly below.
-
Cap Rate is an investment tool for analysis that enables an investor to compare one investment to another.
-
Cap Rate is the best tool for determining the value of an income property.
-
Some of the most outrageous episodes in property ownership that the owners lived to tell about.
-
Only 5% sales agents or brokers actually own investment property, and only 10% actually sell a property.
Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.
Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261
P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com
