Home Prices Increase Again in July 2012

 Taken from S&P/Case Shiller:

 

"New York, September 25, 2012.

 

Data through July 2012, released today by S&P Dow Jones Indixes for its S&P/Case-Shiller1 Home Price Indexes, the leading measure of U.S. home prices, showed average home prices increased by 1.5% for the 10-City Composite and by 1.6% for the 20-City Composite in July versus June 2012.

For the third consecutive month, all 20 cities and both Composites recorded positive monthly changes. It would have been a fourth had prices not fallen by 0.6% in Detroit back in April." 

 

For more information visit this page: News from S&P/Case-Shiller. 

 

Luigi Foscale

Time for investing is now

The best timing for investing is when the market is down, and this is the moment you have been waiting for. 

Investing in the right time means that you get the best price so that your profit will be higher.

Luigi Foscale 

Buy or Rent?

 

To be or not to be...   

 

If you ask me: "Luigi, is it better to buy or to rent?"

 

I would answer: "It depends.". 

 

You should consider some key factors like: how long are you going to live in that apartment? How do you feel about moving to the city? Are you available for a career-change?... and some other personal evaluations. 

 

But, if you want me to evaluate your choice under a financial point of view, you can take a look at this interactive chart on The New York Times.  

 

Luigi Foscale

Strong Buy Ultracentral by Luigi Foscale

 

If your ambition is to create a portfolio of Real Estate Properties, you are on the right way. And if you want to create a profitable portfolio, you need to know how demographics could change the area you are investing in. For example, at this time my advice is a Strong Buy for major hubs downtown.

If you are interested in some private consulting, please feel free to contact me I will be happy to help. 

 

Luigi Foscale

CNN: "Rentals are Growing"

 

Even if we all know about the crisis that has been affecting the Real Estate market, it's simply amazing that Rentals are now going up again.

 

Does it sound too good to be true? But indeed this is true. In the past 12 months Rentals have risen of 5.4%!! Read this article on CNN. This is the proof that (as I have been saying in the past 12 months) investing in Real Estate has never been so lucrative and now it's payback time! Thank you Retire Rich!

 

This is a good signal for investors of any kind, because the real estate market has a huge range of investment opportunities of all size. 

 

Luigi Foscale

The future of Housing

 

There is a new trend in Housing, and it is described on this article on FT.com. 

 

Some bad urban areas are becoming attractive to real estate investors. Retire Rich keeps you up-to-date with the latest industry and market trends! 

 

Stick around!

 

Luigi Foscale

Real Estate is the Secret

 

If you invest in Real Estate on the long term you will have a bigger capital. This is due to the Inflation, as I previously said.

 

Furthermore, if you invest in a Rental Property, you will also have a steady income. The combination of Capital Increase and Rental Income will give you the opportunity to understand there is no better investment than Real Estate.

 

Now you can ask me: Is every property good for investing?

 

Obviously the answer is “It depends” because each property has its own fundamentals: square feet, price, location, floor, taxation… And often what appears to be a very good deal, at the end of the day it's not so good.

 

If you want to be rich and live from rentals, you should be very careful about what you buy and where. Choosing the best property is the most difficult part of the Real Estate business, especially if your plan is to pile up a portfolio of properties.

 

If you ask me: how can I find a good property for me?

Well you can’t be in a better place, as this blog aims at providing to its readers with all the fundamental tools to understand what it takes to be in the Real Estate business, and how to find the property that suits you best.  

 

Luigi Foscale

Lost money...

Check this out: do you still believe in Equity Markets?

Next time you do buy some equity be very careful, or buy something you know how to manage. Like Real Estate Properties!

http://money.cnn.com/2012/06/04/investing/ipo-freeze/index.htm?iid=HP_LN

Luigi Foscale

Luigi Foscale answers on Real Estate Investments

Today an investor posed me a smart question, which I would like to extend to all of my blog readers. Obviously any reference has been changed on purpose so that the person cannot be identified. John asked me “properties are easy to buy but when I purchase a building with ten apartments, could the business become more difficult?”

Even if you buy a property of 10, 100 or 1000 apartments, you get the same duties, but clearly you deal with a different value.

The key factor, that I wish to share here is that a building is the sum of many apartments and so if you know how to buy an apartment well, you definitely are able know how to buy well a whole building with more rentals.

Buying properties is easy but the due diligence is the stage that requires more attention to detail so you need a good team of lawyers, business consultants, notaries, and real estate experts. Such a team could make the difference and your purchase much more easy. When it’s about business I always advise to rely on the Field experts.

Luigi Foscale