How to Find Motivated Sellers with Almost No Money

You can locate motivated sellers even if you have little or no money to work with. Way back in the early days of my business I used some very inexpensive techniques to locate very motivated sellers, since we only had a limited budget to work with like many people who are just starting out in the real estate business.

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Home building surges By Chris Isidore

Builders rushed to start homes in November, with that key measure of the housing recovery enjoying a huge one-month jump.

Housing starts grew at an annual pace of 1.09 million, up nearly 30% from a year ago. The issuance of building permits was also strong, up 7%.

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Central Florida Realtor Sales statistics November 2013

 Click below to read:

 http://c.ymcdn.com/sites/www.orlandorealtors.org/resource/resmgr/Images_Market_Pulse/MarketPulse122013.pdf

Bar chart showing our National Interest payment. If interest goes up so will our Taxes.

This bar chart depicts two sets of projections for the interest the U.S. government must pay each year on the debt held by the public. The Congresional Budget Office (CBO) baseline assumes policymakers follow current law. The Concord Coalition Plausible Baseline assumes policymakers alter the law to continue along the current policy path.

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Foreclosure crisis is winding down

The foreclosure crisis is nearing an end and won't derail the housing rebound underway in many parts of the country, real estate research firms say.
Foreclosure activity in November was down 37% from a year ago and 15% from October, RealtyTrac reports today.

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Don't Buy a House Until You Read This...

It is an empirical fact that on average, homeowners have a higher net worth than those who rent. Home ownership is a major part of the American dream. It increases community, creates stability for raising a family, and gives you the warm and fuzzies inside your heart when you gaze out onto your half-acre empire.
But don't for one second think that home ownership is all sunshine, rainbows, and ice cream sandwiches. There are serious trade-offs that you should know, understand, and accept before signing on the dotted line.
1. Mortgage debt -- a marriage you can't divorceAccording to the Census Bureau, the average home price in 2010 was $272,900. A traditional mortgage will finance 80% of that, or just over $218,000. At the same time, the Census Bureau also reported that median household income in the U.S. was just over $51,000.

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Home price gains slowing with winter's approach

Home prices rose by only 0.2% in October from September and virtually no growth is expected in November, market researcher CoreLogic says.
Still, prices were up 12.5% in October vs. a year ago, marking the 20th consecutive monthly year-over-year increase nationally.
"House price appreciation has slowed as expected for the winter," says Mark Fleming, CoreLogic chief economist.

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