I am back!
2 comments so farIt has been a long while since I really wrote an article about my properties, and it has been just busy year I guess, but still there are people who read this blog and are interested to know how everything is going. And in the end last week my very good friend here in Kansas […]
Why Home Prices Are Rising Again (According to Case-Shiller)
No commentsThe Wall Street Journal June 26 As usual, I am following major Real Estate news and here is an interesting article from the Wall Street Journal from the end of June. It wasn’t hard to see this coming: Home prices rose in April after a spring that brought more buyers chasing fewer homes. Home prices […]
Foreign Purchases of the American Real Estate Rise Strongly
No commentsWall Street Journal | REAL ESTATE | June 11 A survey released last month showed that the six-year slide in U.S. housing prices, coupled with the rising value of some foreign currencies and continued instability in Europe, is fueling a property-buying binge in the U.S. by wealthy foreigners. This is a good news for the […]
FHFA: House Price Index Shows First Yearly Gain Since 2007
No commentsFHFA Report published in May 23, 2012 For the ones who don’t know, FHFA is the U.S. Federal Housing Finance Agency and it regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks. These government-sponsored enterprises provide more than $5.7 trillion in funding for the U.S. mortgage markets and financial institutions. Click on the […]
Realtor guru: 10% home-price jump possible
No commentsThe Orange County Register June 26th Here is another interesting and positive article about the real estate market in the US. We all hope that these predictions will fulfill. National Association of Realtors Chief Economist Lawrence Yun said he “would not be surprised” if U.S. home prices jumped 10% by June of next year. If true, […]
Apartment Vacancy Rate falls to 5.2% to 2001 Level
5 comments so farThe 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 […]
Rents Rise, Vacancies Go Down
6 comments so farWall Street Journal, Real Estate, July 7, 2011 Vacancies … fell in 72 of the 82 markets during the second-quarter vacancy rate to 6%, the lowest since 2008 and compared with 7.8% a year earlier, according to Reis. […] The average effective rent, the amount paid after discounting, was $997 in the second quarter of […]
Keeping track of expenses and incomes for your accountant (CPA)
2 comments so farIn one of the last posts here at Buying Property in USA blog, I shared with you my file for keeping track of each individual investment property incomes/expenses and other data. There is one more file you will need though, if you have also founded an LLC and have a CPA (accountant) who is preparing […]
One year of investment property operation data in Phoenix, Arizona
12 comments so farFollowing my Las Vegas property 1-year break down, I am going to present to you the numbers for my second property in Phoenix, AZ. I also bought this condominium on N Cave Creek Rd during my 3week trip to the USA in the summer 2009. It was much easier to find the investment property in […]
One year after buying property in USA (Las Vegas) – numbers, thoughts, strategy
24 comments so farI owed you guys who are following the Buying Property in USA blog this post already for a few months. It has been 1 year since I bought my properties in Las Vegas and Phoenix already last October (2010). However I was in the middle of purchasing a new property in Topeka, Kansas and also […]