Tuesday, June 9, 2009

Can you find the REO in this REmOdel?

A beautiful REO transformation from the uninhabitable, to a home you could let your mother live in.

A live example of "One man's junk is another man's castle."

Below is a picture presentation of the before and after remodel project on an REO in Tracy, California.



Properties like this are being reformed all over the CA market, done by the NorthPoint REO teams.

Monday, June 1, 2009

71% of Americans say, "Now is a good time to buy real estate!"

Home buying is on the rise and with it the perception that real estate is a good long term investment. The Gallup Poll reported that 71% of Americans think that right now is a good time to buy houses. That is the highest its been in four years! Coupled with the fact that homes are more affordable now than they have been between 2003-2007 it makes a lot of sense.

Perception across the US is changing, compared to savings accounts, bonds, stocks and mutual funds, 33% of Americans find Real Estate to be the second best long term investment, that's right! Well at least we know consumer perception in the real estate market is still strong. Today's market is better than the 1980s especially with so many government incentives.