Rents are $1050 to $1100. Low side rents for $12,600 per year Less HOA $186 pm $2,232 p/y Less Tax $1208 Less Insurance $500 guesstimate Net income $8,660 Investment $75,000 plus minor closing costs ROI 11.54% cash on cash return This does not take into consideration management, repairs or loss of rents. However, the…Read More→
HOMEOWNERSHIP RATE DROPS 9.6% SINCE 2004 PEAK
We would expect to see this type of activity as Foreclosures and Short Sales dominate this market. The question is what would we expect to be a bottom? Here are some comments by a good friend on home ownership rates: Jeff Geiser: I think there are a lot of long-term historic forces at work affecting…Read More→
New Home For Sale in Troon Mountain Windy Walk Estates by The Cameron Team
Are you looking for a home in Windy Walk Estates? Here is your sneak peak at this coming soon Semi Custom Santa Barbara in Troon Village. Views, Views, Views. If you are looking for a fabulous View this home has it. From just about every room the expansive view grabs the mountain scape of the…Read More→
Keller Williams Realty Named Highest Ranked in Home Buyer Satisfaction by J.D. Power and Associates for Third Straight Year
After spending 7 years at Realty Executives, I moved to Keller Williams. Most in my industry would say why would you change, why leave a broker and go to another that cost twice as much money every year. Realty Executives had the model every one else copied, you know Re/Max, John Hall and a million…Read More→
Economist: V-Shaped Recovery Won't Go W-Shaped
OK, so every week is different. For the last few months all we have heard is the “W” or double dip recession is here. Either way, until we have job growth, and that growth in good paying jobs what difference does it make? Bring me some good jobs, happy people working hard and earning money,…Read More→
Mortgage rates of 4.54% lowest since 1971
In case you haven’t noticed rates are rocketing low. They just can’t go much lower than this at 4.54%. If you are in your home and not in trouble, refinance! Save some money on a monthly basis and help a loan officer make some money! Jul. 29, 2010 07:16 AM Associated Press NEW YORK –…Read More→
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