This is the first time a down real estate market has numerous bloggers stating their opinions. I have met people that really do think….no joke….that everything they read on the internet is true!
I try to read as many blogs as time will permit. A lot of the blogs and chat rooms have individuals that do not have a real estate background and very little business expertise that are expressing opinions.
Most of the news we get from CNN Money, MSNBC Business, are national information sites. Check out local sites for more accurate information on areas you are interested in.
http://www.dqnews.com/
http://www.coachella-valley.com/
http://www.voiceofsandiego.org/
Real Estate profits are made locally and individually, not nationally or in bulk
Seven properties went into escrow in October.
For Coachella Valley
Multi-family properties have been the hardest hit segment in the desert area for number of sales during the current real estate downturn.
I am always frustrated how the media and other trade groups use statistical data to prove the point they want to make, thus I like to do my own statistical research.
It can be very profitable purchasing bank owned properties in the current real estate market.
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