Colli Real Estate

Real Estate is Turning now?

A look at the financial records of America's leaders would have us believe that real estate is responsible, and is already on the rise again. If you listen to the commentators or the Talking Heads, who want you to believe that housing prices have bottomed and are on track again. Evidence that would dramatically increase sales activity statistics show. Here are some vital statistics to better inform property investors that reality it really is.

The National Association of Realtors reported in August 2009, the following statement, sales of existing homes rose in July for the fourth consecutive month. "They rose 2.2% compared to June, the months, and as expected figures are seasonally adjusted. Seems squarely on the optimistic side of it, and that's what the media would have us believe. We say not so fast. In our opinion, are completely misleading the public. This is intentional, as we believe, because they are biased.

The property sector has a trade publication called Inside Mortgage Finance. We saw the last survey for the area real estate professional and it is surprising that we found. Now, remember the TV Talking Heads never find such material. The results of the survey were in sight, but are written so as to inform the player a real estate professional at the same time, induce mislead the casual reader. The publication indicates that 36% of sales is what they call "not distressed" properties. "That's more than one in three properties that were sold.

What does it mean when you get to the bottom of things? You must invest the numbers to get the real meaning. This means that 64% or almost two thirds of sales of real estate properties have hampered sales. Just think, if 36% is not in trouble, 64% should be in danger. They try to play with our brains to deceive us. This also means a large number of real estate sales are in this country, buyers are looking and acting only in the properties that are in financial danger, simple and clear. This is not a bull market in real estate in all conditions we can see.

There peculiarities are more evident. Elsewhere in the article, we discover something that was also misleading. That lack of sales only difficulty for a moment that represent 36% of all property sales under investigation. I do not regret us is exactly that, not problems, or volunteer. The article revealed that against so-called "no-properties distressed ", involved only 31% of them" directly or optional.

The implications are clear to us that 69% of sales, which were classified as sales of property do not feel they were "forced" for undisclosed reasons. A less brilliant person could understand. The conclusion is obvious. When reaches the bottom of things may be about 10% of sales of real estate in this country over the last month is part of regular sales. Only one in ten house sales. The rest are the results of one of three things, seizures, and banks to take losses and forced sales by the seller.

Real Estate remains stalled in this country and around the world. The problems have been caused by banks during the 2008 financial panic. In our opinion, several years before we can in a dynamic real estate market.

About the Author

For an expanded version of this article and other interesting articles Click Here. Richard Stoyeck’s background includes being a limited partner at Bear Stearns, Senior VP at Lehman Brothers, Arthur Andersen, and KPMG. Educated at Pace University, NYU, & Harvard University, today he runs Rockefeller Capital Partners & StocksAtBottom.com

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