Blog Probes Real Estate Models
Posted by CityBlogMS on March 30th, 2008
www.REALonomics.net is a blog that is asking serious questions about where the real estate industry is going. More specifically, REALonomics poses challenges to the broker/owners to adopt models that will allow their organizations to become more transparent.
REALonomics.net advocates that the industry open up the property information portals to consumers and upgrade its approach to how it is interacting with the consumer by implementing more social networking such as www.CityBlogUSA.com, a community blogging network for every city in the USA.
Visit www.REALonomics.net.
Loading ...
“Following the Money”
I have a theory that an economic law manifests itself when the government drives interest rates down:
Seasoned investors turn to the oldest form of investment on earth - Real Estate because it offers higher than CD returns and it is thought to be relatively less risky for their portfolios than the stock market.
As the news spreads that these real estate investors have earned relatively safe and better than CD returns the trend becomes widespread and the general public starts “following the money too.”
Real Estate’s Significance:
The preamble of the National Association of Realtors opens with “Underneath all lies the Land.”
Buyer’s Market or Seller’s Market?
The real estate market is not entirely a seller’s market or a buyer’s market at any one time. To some degree it is always a mixed market. Why? Because real estate is inherently a local market and somewhere on the globe it is a seller’s market while elsewhere on the globe at the same time it is a buyer’s market.
Real Estate Auctions:
Auctions offer sellers an advantage in an otherwise buyer advantaged market by creating a sense of urgency.