Seeing the residential real
estate boom coming, I started buying single - family rentals in 2002.
Not exact matches
Prediction: In 2006, the chief economist of the National Association of Realtors
came out with a book predicting that the real
estate boom would continue «into the foreseeable future.»
DollarCollapse.com is managed by John Rubino, co-author, with GoldMoney's James Turk, of The Money Bubble (DollarCollapse Press, 2014) and The Collapse of the Dollar and How to Profit From It (Doubleday, 2007), and author of Clean Money: Picking Winners in the Green - Tech
Boom (Wiley, 2008), How to Profit from the
Coming Real
Estate Bust (Rodale, 2003) and Main Street, Not Wall Street (Morrow, 1998).
Similar to the stock market during the tech
boom of the 1990s and real
estate just before the Great Recession, Bitcoin may
come tumbling down soon.
Hence Rabbit's constant remembrance of things past: his fading stardom as a high school basketball hero in Mt. Judge, Pennsylvania; his youthful marriage to the store - clerk Janice Springer; their many sexual felicities and infidelities; the deaths that each so horribly caused in their own house; their moral enmeshment in the lives of their friends and families, especially their elderly parents and their own son Nelson; Rabbit's jobs as a typesetter and car dealer, and now Janice's belated career in real
estate; their financial prosperity during the
boom of the «70s when they bought vacation homes in Florida and the Poconos; now their fear of economic ruin amidst the
coming Depression.
A few years ago James K Glassman and Kevin A Hassett wrote a book predicting that the DOW would soon hit 36,000, while David Lereah authored a guide to «Why the Real
Estate Boom will not Bus» t (it
came out in 2006 which in retrospect possibly makes it the worst timed book ever).
Source Capital understands that time is of the essence when it
comes to real
estate acquisition, especially in Minnesota's
booming housing market.
Because of this failure to
come up with the standard down payment, more and more people began paying private mortgage insurance premiums during the real
estate boom of the mid 2000s.
Any Realtor who wants to understand where the market is heading in
coming years wants to understand the mindset of the baby
boomers and wants to get a grip on their own real
estate practice should review the survey carefully.
The aging of the nation's Baby
Boomer population could reshape the United States» residential real
estate market and economy in the
coming years.
Younger consumers
came of age during the housing
boom and bust, and while they're still interested in and enthusiastic about home ownership, they want someone who will be a knowledgeable, trusted advisor in their real
estate transaction, she said.
It
comes as no surprise that
boomers have now set their sights on recreational property... They believe in real
estate as an investment and view recreational property as a relatively safe bet.»
Used to thriving economies and strong employment rates, baby
boomers played a critical role in stimulating the housing market prior to the Great Recession, but the economic realities of the last few years have shifted the focus to Generation Y and real
estate professionals are now looking to the approximately 80 million «Millennials» born between 1978 - 1995 to shape the state of the housing market for decades to
come.
A worldwide
boom in development is
coming — especially in emerging economies, according to Byron Carlock, U.S. real
estate practice leader for PricewaterhouseCoopers.
When it
comes to website listing features, photos and online property information were more important to millennials, while virtual tours and direct contact with a real
estate agent were more important to baby
boomers.
A
booming real
estate market and easy availability of finances is making this dream
come true for many people.
«According to data collected by the Canadian Real
Estate Association, the ongoing housing
boom is increasingly funded by mortgage debt that's not
coming from Canada's highly regulated banks.
Think of countries where the real
estate market is
booming and the usual suspects
come to mind - China, Canada, Switzerland, and the United Kingdom.