{"id":16137,"date":"2012-07-27T10:58:48","date_gmt":"2012-07-27T17:58:48","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=16137"},"modified":"2012-07-30T10:24:17","modified_gmt":"2012-07-30T17:24:17","slug":"where-is-the-real-estate-market-going-today","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16137\/where-is-the-real-estate-market-going-today\/","title":{"rendered":"Where is the Real Estate Market Going Today???"},"content":{"rendered":"

If you are like me, you have a random sampling of news websites to keep you abreast of the happenings of the world every hour or so.\u00a0 It\u2019s the age we live in; every data point, story, press release, blog post triggers a monsoon of pundits and analytical analysis that either sends you running for the hills or tripling down on your latest investment.\u00a0 If you don\u2019t believe me, scroll through this reputable blog<\/a> and tell me how I should be the most confident in years on Tuesday then be disappointed in home sales twice only a week later.\u00a0 With everything out there, how do you find the truth?<\/p>\n

First, understand the underlying data.\u00a0 As it relates to real estate, one needs to be especially cautious.\u00a0 Data may or may not be adjusted for seasonality, it may or may not be a selection of particularly poor or particularly good markets, it may be new homes vs. existing homes, etc.\u00a0 With the need for new headlines every hour, data can and will be manipulated to tell whatever story is the flavor of the moment.\u00a0 Personally, I always start at one of the source<\/a>s.<\/p>\n

Second, understand the basics of real estate.\u00a0 Unlike the stock market, real estate is slow moving, plodding, and a hyper-local asset class.\u00a0 Despite what the headlines might say, you have not missed the bottom in many locations.\u00a0 If you are looking to buy a single family home, tomorrow will be just as good a day as yesterday, as will six months from now.\u00a0 Interest rates tend to move on a quarterly basis and rarely increase more than 0.25% in that time span.\u00a0 Sure, your neighbor might have a 3.75% interest rate, but your 4.25% will put your payments close enough and will still be historically, the lowest in our history.<\/p>\n

Investors will likely need to act with more urgency.\u00a0 In most of the hardest hit markets, institutional investors (i.e., private \/ public corporations with lots of money to spend) have quietly been buying up homes at a breakneck pace.\u00a0 Trying to find a bargain in Florida or Nevada is no longer a Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If you are like me, you have a random sampling of news websites to keep you abreast of the happenings of the world every hour or so.\u00a0 It\u2019s the age we live in; every data point, story, press release, blog post triggers a monsoon of pundits and analytical analysis that either sends you running for […]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[379,8,26,5],"tags":[],"class_list":{"0":"post-16137","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-innovation","7":"category-investment","8":"category-lending","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1685,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1685\/real-estate-investing-vs-stock-market-investing-is-there-a-clear-winner\/","url_meta":{"origin":16137,"position":0},"title":"Real Estate Investing vs. Stock Market Investing- Is there a Clear Winner?","author":"Cooksquared","date":"July 23, 2007","format":false,"excerpt":"Real estate enthusiasts have been sounding their trumpet during the latest run in the real estate market. Many real estate focused investors truly believe real estate outperforms every other investment by a wide margin and even go as far as to wonder why investors would choose any other investment vehicle.\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2913,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2913\/who-knew-it-turns-out-condotels-stink-as-a-real-estate-investment\/","url_meta":{"origin":16137,"position":1},"title":"Who knew? It turns out condotels stink as a real estate investment","author":"Greg Swann","date":"April 7, 2008","format":false,"excerpt":"\"Hey, pal, let's make a deal. You can be in the taxi business just like that! Here's how. You buy my cab, see? You own it, pay the note on it, handle the maintenance, all that stuff. But you won't have to work all those crazy hours driving the cab,\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1143,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1143\/the-carnival-of-real-estate-investing\/","url_meta":{"origin":16137,"position":2},"title":"The Carnival of Real Estate Investing…","author":"Greg Swann","date":"March 13, 2007","format":false,"excerpt":"...is up at RE Agent in Connecticut. This week's winner? Our own Michael Cook with Real Estate Investment Theories that can Actually Help You Make Money. Michael has been an outstanding addition the the BloodhoundBlog roster. This is his second win at the Carnival of Real Estate Investing. If you\u2026","rel":"","context":"In "Blog Carnivals"","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1393,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1393\/the-carnival-of-real-estate-31\/","url_meta":{"origin":16137,"position":3},"title":"The Carnival of Real Estate . . .","author":"Greg Swann","date":"May 7, 2007","format":false,"excerpt":"...is up at Lansner on Real Estate at the Orange County Register. Writing from The San Diego Home Blog, Kris Berg took fifth place for her playful rant on open house signs. Russell Shaw came in second place with his not-at-all-playful rant on the folly of real estate discounting. The\u2026","rel":"","context":"In "Blog Carnivals"","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1221,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1221\/the-carnival-of-real-estate-26\/","url_meta":{"origin":16137,"position":4},"title":"The Carnival of Real Estate . . .","author":"Greg Swann","date":"March 26, 2007","format":false,"excerpt":"...is at miOaklandCounty, Maureen Francis' weblog. Teri Lussier's introductory post came in fifth place,* not bad for a start. With his post Persistence: The Investors Greatest Tool, Michael Cook took top honors at The Carnival of Real Estate Investing, hosted this week by the Ral Estate Investing for Real Blog.\u2026","rel":"","context":"In "Blog Carnivals"","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1754,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1754\/the-carnival-of-real-estate-43\/","url_meta":{"origin":16137,"position":5},"title":"The Carnival of Real Estate . . .","author":"Greg Swann","date":"August 6, 2007","format":false,"excerpt":"...is up at RealEstateUndressed. Host Larry Cragun got around our having broken the rules on entries by breaking all the rules. In consequence, this week there will be two consumer-focused real estate carnivals and no Carnival of Real Estate. Even so, our friend John L. Wake took second place with\u2026","rel":"","context":"In "Blog Carnivals"","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/16137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=16137"}],"version-history":[{"count":5,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/16137\/revisions"}],"predecessor-version":[{"id":16141,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/16137\/revisions\/16141"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=16137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=16137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=16137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}