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Real Estate is picking up

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littleroc02us
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Real Estate is picking up  Reply with quote  

I'm new to the Real Estate market in terms of having bought and sold property. I got married in 2006 and we bought our house that same year. What I find remarkable is although there was a major plummet in Real Estate as far as market value, our neigborhood sure seems to rebounding her in Minnesota. Every Sunday I check to see the closing transactions on houses in our city to see what's selling and for how much. There have been multiple transactions taking place on properties where you can tell the values are starting to climb. During the bottom most of our houses have been assessed by the county at well below 200k, which happily I'm paying lower taxes this year as I was last, but that two houses on our block alone have sold for around the 215k to 230k arena. All I'm saying is that things are starting to look promising around here. How is it in your neighborhoods?

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Fri Apr 22, 2011 1:16 pm
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payment proof
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I hope you're right as well. From what I've been reading, some areas of the country are recovering more quickly than others. But there are areas of the USA that are still having a lot of problems with high vacancy rates like Detroit.

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Post Sun Apr 24, 2011 6:20 pm
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BrandonLitaker
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Real Estate is pricking up!  Reply with quote  

I definately agree. I am a real estate broker in Southlake TX and can see a huge boost from a year ago. I found it odd that the largest boost was the last 3 months of 2010. I think 2012 will be a healthy market again at least in Texas.
Post Sun Apr 24, 2011 9:30 pm
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namratasnv
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I am actually expecting this in this year and wanted to see the results. It will be beneficial for us if the market is right and our investments will get positive returns.

http://www.connecticutwebuyhouses.com/
Post Mon Apr 25, 2011 12:33 pm
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littleroc02us
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quote:
Originally posted by coaster


Usually the Midwest goes into the dumper last and comes out first. I guess there's something to be said for snow. Laughing


Ah yes, the winter that never ends! Got to love living here.

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Mon Apr 25, 2011 1:21 pm
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KatherineLee88
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Re: Real Estate is picking up  Reply with quote  

quote:
Originally posted by littleroc02us
...our neigborhood sure seems to rebounding her in Minnesota.


Twin Cities area? Otherwise, I am not ready to believe it.
Post Wed Apr 27, 2011 12:56 am
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crashnooma
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Ive heard the opposite in the UK that in many areas house prices are still falling and many people are worried about purchasing and making a loss.
Post Wed Apr 27, 2011 11:14 am
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kristiegarza
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If you wish to buy a house, again you are added absorbed in award a buyer's abettor is to advice you acquisition the absolute home for your home. In the past, an agent representing the seller, but now agents alive with buyers to bout with the absolute seller.
Post Thu Apr 28, 2011 1:07 pm
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littleroc02us
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Re: Real Estate is picking up  Reply with quote  

quote:
Originally posted by KatherineLee88
quote:
Originally posted by littleroc02us
...our neigborhood sure seems to rebounding her in Minnesota.


Twin Cities area? Otherwise, I am not ready to believe it.


south minneapolis area

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Thu Apr 28, 2011 1:14 pm
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laura.alamery
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Well, I would wait to see a trend for a few months before being too optimistic about it.
I am in the Midwest, and values are still down, however there is some activity picking up, but I wonder if it has to do more with the Spring fever than the housing fever.
Eventually real estate will climb up, it always does.
Post Fri Apr 29, 2011 5:37 am
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dennymarsh
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One of the most dynamic investment market is residential real estate. Investors are entering single-family and multifamily units on the cheap as foreclosures and short sales.Real Estate Investment Trusts are becoming a hot commodity again investors deploy their money without any direct involvement in managing the daily operations real estate.
Post Sat Apr 30, 2011 2:42 pm
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joshonjoice
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Those who have been charged in the past two years saw an opportunity to get into the market believes to be lost. Its all good for them because if, if it falls another 20% even when they thought that be.I never think it's up and down a bit for a while without huge jumps or drops to accommodate the inventory with novice buyers, and panic for the first time buyers who are going to fail again.
Post Mon May 02, 2011 1:37 pm
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jemstoky
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The property sector is in doldrums especially when it comes to homeowners trying to sell their own homes.Investors seize single-family homes and multifamily units on the cheap as foreclosures and short sales.
Post Mon May 16, 2011 10:29 am
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savana
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quote:
Originally posted by jemstoky
The property sector is in doldrums especially when it comes to homeowners trying to sell their own homes.Investors seize single-family homes and multifamily units on the cheap as foreclosures and short sales.


Yes you are right but as far as I know foreclosures are getting close and lets see how it will be beneficial.
Post Tue May 17, 2011 12:31 pm
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christramo
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The real state business is increased or decreased with the economy of your country. As its increase the investment comes towards your way.
Post Tue May 24, 2011 12:38 pm
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