real estate prices in
Towards Liberty International Society for Individual Liberty > Don't Get Stuck Paying "Zombie" Debt – Towards Liberty – A commentary on current events by Jarret Wollstein The Coming Real Estate Collapse – 05-24-05 – As real estate prices in much of the U.S. continues to soar, evidence is growing that both commercial and residential real estate is greatly over-priced in many of the country's hottest markets – including New York City, Boston, Washington, D.C., Miami, and much of California. One clear indication that real estate is overpriced is that rents are now a fraction of mortgage payments, and are continuing to fall in terms of real dollars. For instance, Forbes reports that cash return on income-producing real estate has fallen from 9% a few years ago, to just 5% to 7% now, and is likely to go lower. You can clearly see why rents are falling in overheated markets like California's Silicon Valley. In the San Francisco-San Jos corridor, there is currently over 33 million square feet of un-rented (and in many cases never occupied) commercial space. Last year, just 65 thousand square feet of this enormous inventory was rented. At that rate, it will take over 507 years to rent all unoccupied commercial real estate in Silicon Valley. Since most investors can't wait over half a millennium for returns on their capital, what's more likely is that commercial real estate prices in this "hot market" will soon fall like a rock. Another indication that real estate is poised for a fall, that fewer and fewer people can afford today's astronomically-priced houses. For instance, in California – where ordinary 2,000 square foot, 3-bedroom homes are going for $500,000 to $2,000,000+ – less than one family in six now qualifies to repurchase their own house. Another indications that real estate is ready for a fall: Of 362 U.S. metropolitan areas, about 15% are experiencing a housing "boom" – a three-year, inflation adjusted price gain of 30% or more – according to the Federal Deposit Insurance Corporation. That's the highest number of boom markets ever recorded in the 30 years that they have been tracked. In Americas hottest real estate markets – including the big cities in New York, Florida and California – housing prices went up by 15% to 35% in the past year alone. This is clearly unsustainable. No matter how low interest rates are and no matter how many schemes George Bush comes up with for an "ownership society," it's clear that we are rapidly reaching the point when hardly anyone can afford to buy a new house in a hot real estate market, without putting their financial future in jeopardy. So what's propping up the real estate bubble, and causing housing prices to go ever-higher, even as rents fall and commercial landlords face enormous vacancy rates? Besides artificially low interest rates, the answer, in a word, is speculation. Up to one residence in three in California is now purchased not to live in, but for resale, according to the San Francisco Chronicle . The comparable figure may be as high as one property in two in the Las Vegas area. In downtown Miami, 80% of approximately 35,000 new condos now under construction or just completed, are owned by investors – not people who actually plan on living in them – according to MoneyNews.com. Call it the triumph of delusion over reality. I can't tell you how many people have told me that real estate price "can't fall, because if they did, they would be bankrupt." In other words, because they want prices to stay up, they must stay up. If you believe that, there is a nice three-bedroom fixer-upper on a dirt lot, and on the edge of an eroding cliff, in Pacifica, California, I'd like to sell you for just $2.5 million. Buy this bargain now, before the price really goes up! (This is a real example.) In the current frenzied real market, self-delusion is rampant. In Florida's red-hot real estate market, one Miami realtor recently told the New York Times , "South Florida is working off a totally new economic model than any of us have ever experienced in the past." That's precisely what executives of dot coms told investors to justify their astronomical stock prices, just before the collapse – which triggered the destruction of over $3 trillion in stock value. Unfortunately, for many overextended home owners, property prices aren't immune to the laws of economics. Property prices can and do fall in America, as witnessed by the bear markets of 1974-75, 1980-82 and 1990-92. A personal example: One Northern California home owner I know bought his 2,000 sq. ft. house for $750,000 in 1989. In 1992, he was couldn't get $450,000 for his property, and was forced to declare bankruptcy after he lost his job. Millions of overextended American families with "interest only" and adjustable rate mortgages will likely find themselves in the same boat, when mortgage interest rates edge up above 7% or 8% – which is likely by the end of this year. (Fed Chairman Alan Greenspan has warned that we can expect at least a 2.25% increase in interest rates in 2005, on top of the 2% increase in 2004.) The brutal financial reality is that a mere 2% rise in mortgage rates, can increase ARM payments by as much as 40% – an unsustainable burden for families living on the edge. One way or another, at best , the U.S. real estate bubble has 1 to 2 more years to run before it collapses. If you or your children are among those living in overpriced homes you can barely afford, NOW is the time to sell, when the market is at or near its peak, and before prices drop by 30% or more – and they find themselves living in a Motel 6 or in your basement. To minimize taxes on the profits, reinvest in a home in a small town or rural area where prices arent so absurd, and bank the rest. Please stay in touch! Add yourself to our e-mail list. Two times per month we send an update on the activities of our members and new features at ISIL.org. Simply enter your e-mail address here and click the button. You can easily remove yourself (unsubscribe) at any time. E-mail us at isil@isil.org if you have any personal questions or comments. E-mail address: Subscribe Unsubscribe
New Homes by iNest
Domania - Do Your Home Work Here -- Check Home Sale Prices - Find Your Home Value - Get House Values Online - Search Real Estate Listings | Domania Email: Password: Password: -- Home Resources » Home Price Check » Value Check » Mortgages » Home Improvement » Calculators » Property Tax Real Estate » For Sale Listings » Find a REALTOR » New Homes by iNest » Find a Builder by iNest » Find a Foreclosure Members » Log In » Register » My Domania » Edit My Account Learning Center » Real Estate Library » Using Domania » Expert Advice » Sitemap R.E. Agents » Partner with Us! Home Price Check Find out what it sold for... Address City, State OR ZIP Code Value Check Find out what it's worth... # Street Name City State AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY ZIP Never Miss a Home Sale! Sign up for a Domania account and get full data access, saved searches, email alerts, advanced Home Price Check options and a whole lot more... all for FREE! Smart Loans Made Simple Find New Construction in Your Area Find brand new homes from the country's top home builders and earn up to 1% cash back. Please select a location... AZ- Phoenix AZ- Tucson CA- Sacramento CO- Colorado Springs CO- Denver CO- Fort Collins DC- Washington D.C. FL- Jacksonville FL- Orlando FL- Sarasota FL- Southeast FL-Southwest FL- Tampa GA- Atlanta IL- Chicago IN- Fort Wayne IN- Indianapolis IN- Lafayette MA- Boston MD- Baltimore MI- Detroit MI- Grand Rapids MN- Minneapolis NV- Las Vegas NC- Charlotte NC- Greensboro NC- Raleigh-Durham OH- Cincinanati OH- Cleveland OH- Columbus OH- Dayton PA- Pittsburgh SC- Charlotte SC- Greenville-Spartanburg TX- Austin TX- Dallas TX- Houston TX- San Antonio UT- Salt Lake City VA- Richmond WI- Madison WI- Milwaukee If you don't see your area listed click here . Company Information | Contact Us | Privacy | Security | Terms of Use | Licenses & Disclosures We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. LendingTree technology and processes are patented under US Patent Nos. 6,385,594 and 6,611,816. © 1998 - 2005 Domania.com, a service of LendingTree, LLC. All Rights Reserved. This site is directed at, and made available to, persons in the continental U.S., Alaska and Hawaii only. Find Houses for Sale or REALTORS ® at Real Estate .com REALTOR ® - A registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.
Buy Property Abroad -
Buy Property Abroad - Your House Abroad - Real Estate Investment - Holiday Homes Buy Property Abroad - Your House Abroad - Real Estate Investment - Holiday Homes Search the site: This Ring The Ring Directory for: Home | Join The Ring | Ring Homepage | Visit Random | Contact Ring Owner About the Ring Quality Control Powered by RingSurf RING DESCRIPTION: Sites of interest for those who wish to buy a property abroad, either to buy a home, house, apartment abroad or to rent. Where are we interested in? France, Bulgaria, Montenegro, Cape Verde, Morocco, Slovenia, Baltic States (Lithuania, Latvia, Estonia), Spain, Portugal, Italy, USA, ... well anywhere in the world really. We are particularly interested in personal stories and experiences, but also welcome sites which are selling houses abroad. RING STATS: There is(are) 9 active member(s) in this Ring 0 prospective member(s) is(are) waiting for Approval in the Queue View the Stats for Buy Property Abroad - Your House Abroad - Real Estate Investment - Holiday Homes ring This ring was started 2005-09-29 17:56:39 Ring Members Member sites of the Buy Property Abroad - Your House Abroad - Real Estate Investment - Holiday Homes Displaying from 1 to 9 of 9 : -------------------------------------------------------------------------------- Hit counters started November 27, 2003. 1 . Your House Abroad in Montenegro Join Date: September 29, 2005 Information on buying a house abroad, including Montenegro 2 . 123 Sudoku Join Date: October 08, 2005 Sudoku is a great thing to do whilewaiting for planes and travellingto your home abroad. There is lotsof info, games, links, books etc at this site. 3 . Cape Verde Property Join Date: October 20, 2005 Cape Verde - jewel off the African CoastInformation and links about buying a property abroad in Cabo Verde 4 . Your House Abroad Join Date: September 29, 2005 A `One-stop shop' to buying and rentinga house abroad, especially France, Bulgaria, Montenegro, Cape Verde and everywhere! 5 . Buying property in Bulgaria Join Date: October 20, 2005 Information and links about buyingBulgarian properties - EasternEurope's hotspot for investment 6 . Travel Logo ImDoku Join Date: October 20, 2005 Play Sudoku while booking yournext holiday abroad - really it'strue! Just look. 7 . Property in Spain Join Date: November 18, 2005 Spanish Property for sale - Costa del Sol Property and a wide range of properties from Spain, and around the world.Insight Spain offers a free and independent service to help you find the property of your dreams. We are not estate agents and represent YOU, the buyer, at all times.We have access to the best new developments, resales and property bargains and whatever your requirements well find your ideal property 8 . France - our experiences Join Date: October 20, 2005 Our story - a description of what wewent through in buying our houseabroad in France. Also, useful information. 9 . Melda Ozden Join Date: November 16, 2005 Estate agent in Koycegiz, Turkey. Land, houses and villas for sale. Privacy Statement | Terms of Service © 2003-2004 RingSurf.com Web Design Toronto
real estate listings for
Real estate listings - vacation, investment & retirement homes The Leading Real Estate Marketplace for Vacation Properties & Second Homes Research cities, find local experts, search real estate listings for vacation, retirement, investment, and more! Search By: <Location> INTERNATIONAL Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming <Interest> Beach Golf Hunting Fishing International Island Lakes and Rivers Mountain Ranch Urban Living Wine Country <Property Type> Second Homes Fractionals Timeshares Vacation Rentals Home Exchange Find Me a Top-Rated Agent Home Research Towns | Find an Agent | Real Estate Search | Tools & Articles | For Agents | Sign In -- Find a Town, Property, or Specialist Now! -- Join EscapeHomes today! FEATURED PARTNERS: Private Residence Clubs – fractional ownership at its finest -- A POSTCARD FROM -- A POSTCARD FROM MAMMOTH MOUNTAIN, CA Since buying our second home near Mammoth Mountain, both my husband and I have become expert skiers! The ... Learn more FEATURED PROPERTY -- FEATURED PROPERTY #1 Ski Resort Fractional Learn more FIND REAL ESTATE ON MLS Instantly view homes for sale on the same MLS that real estate professionals use. All for free with no obligation! -- ONLINE FORUMS Whether you are a second homebuyer, real estate investor, retiree or REALTOR® you'll find valuable information here. IN THE NEWS See what CNN, The Wall Street Journal, USA Today, and The New York Times are saying about us. -- NEW HOMES Find top resort communities throughout the country. Golfing, skiing, mountain sports, lakefront living, retirement, and more! Advertise your properties, resort development, or real estate professional services on EscapeHomes.com Partners Newsletters Press About Us Contact Us Privacy Statement Terms EscapeHomes is the leading real estate listings source for vacation homes, investment homes and retirement homes, matching vacation home buyers with local real estate agents. Search free real estate listings in all major markets for second homes. Access real estate tools and articles to make informed purchase decisions on vacaton homes, investment homes and retirement homes. Site Map | Real Estate Articles | Alabama Real Estate | Arizona Real Estate | California Real Estate | Colorado Real Estate | Delaware Real Estate | Florida Real Estate | Hawaii Real Estate | Idaho Real Estate | Maine Real Estate | Massachusetts Real Estate | Nevada Real Estate | New Jersey Real Estate | New Mexico Real Estate | New York Real Estate | North Carolina Real Estate | Oregon Real Estate | Pennsylvania Real Estate | South Carolina Real Estate | Texas Real Estate | Utah Real Estate | Vermont Real Estate | Virginia Real Estate | Washington Real Estate | Wyoming Real Estate | Beachfront Vacation Property | Golf Real Estate | Hunting Fishing Real Estate | International Real Estate Listings | Island Property For Sale | Lake Homes For Vacation | Mountain Homes | Ranch Property | Urban Real Estate | Wine Country Property | Second Homes for Sale | MLS Home Search | Homes For Rent | Fractional Real Estate | Real Estate Search Engine | Recreational Real Estate | New Homes | Resort Communities | Luxury Homes | Online Forums
Rental Property
Hilton Head Rentals-Vacation, Home, Condo & Villa Rental in Hilton Head Island, SC The Premier Vacation Rental Company in Hilton Head Island, SC - Hilton Head Rentals We would first like to thank you for your consideration in selecting the professionals at Hiltonheadrentals.com to satisfy your vacation expectations on Hilton Head Island. We are proud to offer an array of guest services that will anticipate your every desire here in this beach paradise. Hiltonheadrentals.com is committed to first-rate visitor service and owner satisfaction. We take pride in the extra effort we make to insure that our owners' properties are taken care of and that our vacation guests enjoy their accommodations. Hilton Head Rentals .Com is your online portal to resort paradise! Hilton Head Island, South Carolina is the largest barrier island on the southern Atlantic seacoast, a beautiful and friendly community located in the Lowcountry between Beaufort SC and Savannah GA.Whether you dream of a romantic wedding and honeymoon, the perfect getaway for peaceful relaxation, or an action packed adventure for family members of all ages, Hilton Head Island offers unique activities. Golf, tennis, boating, kayaking, fishing, sailing, swimming, horseback riding and walking along the sandy beaches are justa few ways to experience the local climate. If you are planning your next vacation in a private home or villa:Hilton Head Rentals .Com is the exclusive rental agent for many of the finest properties in Sea Pines Plantation, Palmetto Dunes Resort, Forest Beach, Singleton Beach, and other unique locations throughout Hilton Head Island, South Carolina. If you are an resort property owner and would like to list your home or villa for rental with us at Hilton Head Rentals .Com, you will find we have numerous high class repeat guests and our support staff is unparalleled by any other property management company. From the beginning, we have committed a lot of thought and energy to make Hiltonheadrentals.com successful. We have designed a new website along with smarter, more cost-effective ways of renting our properties. Come to Hilton Head Island, SC and enjoy the year-round first class vacation resort. We welcome your inquiries and look forward to helping you enjoy a wonderful vacation here on Hilton Head Island. We hope to see you soon. Hilton Head Island Vacation Rentals Search 1 2 3 4 5 6 7 8 9 10 11 12 13 14 7 Check-In Date Sleeps Nights 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom Other Please Call Sea Pines Folly Field Palmetto Dunes Forest Beach Shipyard Shelter Cove Number of Bedrooms Preffered Location Save HUNDREDS!!! | Last Minute Hilton Head Vacation Rental! Bookmark This Page | Sitemap .. Thursday, December 29, 2005 | Call 1.800.368.5975 NEW! - Hilton Head Pet Friendly Rentals Hilton Head Rentals By Location > Sea Pines > Folly Field > Palmetto Dunes > Forest Beach > Shipyard > Shelter Cove Hilton Head Rentals By View > Oceanfront > Oceanside > Oceanview > Marsh view > Lagoon > Wooded > Golf/Fairway > Harbour Hilton Head Rentals By Bedrooms > 1 Bedroom > 2 Bedrooms > 3 Bedrooms > 4 Bedrooms > 5 Bedrooms > 6 Bedrooms FEATURED VACATION RENTAL 62 North Sea Pines Drive in Sea Pines This six bedroom home is located in Sea Pines Plantation and has all the amenities for an enjoyable vacation on Hilton H... >>more Click here for Our Luxury Rentals 10 Columbine Lane - Sea Pines Surrounded by Sea Pines best beaches and 3 golf courses, this one level 3 bedroom pet friendly renta... >> More The Opal - Sea Pines This 4 bedroom luxury home is located in Sea Pines on the deep water side of Calibogue Cay. Floor p... >> More 64 Mooring Buoy - Palmetto Dunes This beautiful 5 bedroom 2nd-row-to-the-ocean rental home is what vacationing in paradise on Hilton ... >> More The Pearl - Forest Beach This beautiful 4 bedroom oceanfront home is located just outside the back gate of Sea Pines Plantati... >> More LIST YOUR VACATION RENTAL TODAY WITH HILTON HEAD RENTALS . COM ... CLICK HERE! Hilton Head Vacation Rentals | Hilton Head Villa Rentals | Hilton Head Home Rentals | Vacation Discounts About Hilton Head Rentals Dot Com | Contact Us | Terms & Conditions | Privacy Policy | List Your Property | Owner's Login Villamare Villas | Shipyard Condo Rentals | Plantation Club - Sea Pines Hilton Head Real Estate | Hilton Head Rental Guide | Hilton Head Accommodation Vacation Rental Resources ©2005 Performance Development Corporation, Inc. All rights reserved. Designed & Produced by: Performance Development Corporation 14 New Orleans Road | Hilton Head Island, SC |29928 843.671.4700