Home buyers want an easier commute according to National Association of Realtors.

Seventy-three percent of recent home buyers said that commuting costs were an important factor, according to the National Association of Realtors. Home values are once again rising steadily, and with that comes more buyers. Aside from room for their family, what do these buyers want in a tighter market? An easy commute, mainly.

According to CoreLogic, a global real estate industry analyst, U.S. home prices rose 11.3% in the fourth quarter of last year compared with a year earlier.

"Limited construction of new homes and low inventories of existing homes for sale contributed to the jump," says David Stiff, principal economist for CoreLogic Case-Shiller, which co-produces a quarterly reading of the nation's housing market. "Developers remain cautious about building too many new houses until they see stronger demand in their markets."

Is there value in buying and fixing up an older home?

Buying and owning a house can be fun, but not all homes are created equal. There are many differences between new construction and old homes.  If new construction is not in your agenda,, chances are that you’ll be buying and sometimes ‘fixing’ an older home. Older homes that are in need of Tender Loving Care are referred to as ‘fixer-uppers.’

Sometimes it is more valuable to buy those homes in need of tender loving care because when there are cosmetic repairs or functional updates needed that the previous owner cannot or will not take care of, that’s often when you can get the best price on a home that need fixing.

Buying a home ‘as is’ can be challenging, it’s not fundamentally foolish, because if you’re willing to put in the work yourself, you have a chance to score big and build your dream house within your budget. True futurists are not discouraged by a fixer-upper because they can see the potential of striking gold under all that rug.

Would there be a housing market comeback?

The weakness that we see in housing market seem to stem from harsh weather condition this past winter. Consumer confidence is at five year high and household income is rising. Interest rate is near all time low and home buyers are able to afford homes.  We know there will be pullback but it's all good.  whatever the short-term problem, housing remains the key indicator of our future economic growth.  housing sector is getting better. Right now housing is looking better, what we just have to worry about here on is higher mortgage rate

Construction Costs and Commodities Price Trends

Construction Costs and Commodities Price Trends

Average Days to Complete Foreclosure: 572

Average Days to Complete Foreclosure: 572

Facts about real estate.

The United States has been in the forefront of property ownership for the past 200 years and no matter the economic outlook of America, we have real estate buyers and sellers willing to buy and sell real estate. Real estate may be the easiest and safest way to amass wealth in any economic condition.  For this reason,the richest individuals everywhere made real estate investments part of their wealth building machine.  Why? Because overtime real estate will increase in value.  Studies has found that every year millions of real estate transactions exchange hands in America.  Someone is profiting from these transactions whether a real estate buyer or sellers. who is profiting depends on the economic condition of the country.  Is it sellers market or buyers market?  You may create cash flow by renting out a property you owned by more than the expense of the property creating passive income for yourself.  This process is the easiest way to create real estate portfolio and wealth especially if there's a demand for rental properties.  

There are so many ways you can invest in real estate such as wholesaling.  Anyone can start their real estate investing as wholesaler and the best part of it is that you don't have to spend a dime of your own money to start wholesaling real estate, all you have to do is find the property.  Like any investment, real estate can move up and down, but it has been proven that overtime it will increase and always end up winning.  You can safely search for real estate in the convenience of your own home anytime any where that you can find technology i.e. internet.

One of the great advantage of owning real estate is tax advantage given to property owners.

Invest in yourself