Grab Quick Profits As Real Estate Prices Soar

Real estate values rise and fall in cycles. Currently home prices are nearing a top in many areas.

Skyrocketing housing prices in California are prompting nearly a quarter of the residents to seriously consider moving to areas with more affordable housing.

California had the nation's third fastest rate of home price appreciation last year, behind Nevada and Hawaii.

Prices climbed more than 18 percent compared to the previous year, 84% in the past five years and a whopping 338 percent since 1980.

Less than one in five... 19%... of the state's households can afford the median priced single-family detached home, which was $465,540 in September.

Guess what? Lots of these Californians are selling their homes for big dollars and moving to other states where they can buy a similar home for a fraction of the price.

Arizona and Nevada are prime target areas.

In those states the number of sales of homes to San Francisco Bay Area residents has risen by as much as (gulp!) 6,000% percent. That huge demand forces prices up!

Here in the Phoenix area we are smack dab in the middle of a home buying frenzy. In the last three months we have put four of our rental homes on the market. Each of them sold in ONE DAY! Offers above asking price are common.

Real estate agents are tearing their hair out because they can't find homes for their buyers. Our listings with a flat rate discount broker prompted dozens of calls from desperate Realtors.

The other side of the coin is that it's very hard to find good renters. Anyone with the slightest record of financial responsibility is buying a home.

If you are a cycle investor you buy near the bottom and sell near the top.

Is this the top in some areas? I can't say, but when homes are selling a few hours after being listed it would seem to indicate that we can see the top from here.

If you are in a hot area it is the perfect time to buy and flip.

Start walking neighborhoods in the early evening and weekends. Knock on every door asking, "Are you the folks with a home for sale? Do you know of anyone who would be interested in a fast sale?"

You will find properties! Some you may be able to sell within 5 or 6 days. Racking up a profit of five grand a week is not impossible... if you are willing to put in the work.

With buy and flip you don't have to worry whether or not a top is near. Using options just about eliminates any possible risk. And a fast flip can be generated using the "How to Make Money In Real Estate Without Owning Property" system.

There's money to be made... if you are nimble.

About The Author - Mark Walters is a real estate investor in Arizona. He uses options in his investing program as explained here http://digbig.com/4cefc

---

Investment Real Estate Made Easy ? Make the Most from Each Investment Dollar

When it comes to buying investment real estate, there are... Read More

Selling Houses: Flooring & Feelings

Buyers think they love Italian tile and other hard floor... Read More

When Showing Your Home

Here below are some of the reasons why buyers may... Read More

Dont Forget to Ask About Restrictive Covenants

Homebuyers, especially first-timers, may not think of asking about restrictive... Read More

Real Estate Value: Knowing yours is Key to Mortgage Success

The value of the real estate you own, whether it... Read More

An Often Overlooked Secret of Marketing and Negotiating for Real Estate Investors Looking for Deals

When you call sellers, what do you say? When you... Read More

Loan Officer Training: Learn How To Shape Realtors Perceptions

In medicine, a placebo is a pill that you think... Read More

Selling Your Home on Your Own ? Examples of Problems and Solutions

What can go wrong? About a gazillion things, but this... Read More

New Home Construction - The American Dream or The American Nightmare?

Buying a new home is suppose to be the American... Read More

3 of the 5 Ways Real Estate Can Take Advantage of Blogs and RSS

Earlier this month, Realtor Magazine announced that they would be... Read More

Juggling The Day With A Deal

Doing deals with sellers is why you went into lease... Read More

Do You Want To Sell Your Rehabs Fast?

That's an obvious question ? we all do! So what... Read More

Selling by Owner Escrow or Closing Checklist

Home sellers should keep on top of their pending sale;... Read More

Should I Invest in Real Estate While Running an Internet Business?

Of course you should. I practice this for quite a... Read More

Cheap Homes For Sale In Great Towns

Good Homes Under $50,000? My wife Ana and... Read More

Questions You Always Wanted To Ask A Master Builder But Never Had The Chance

Building a house (or lots of them) seems to be... Read More

A Possible Bargain: Foreclosed Properties

In the superheated San Francisco Bay Area property market, foreclosed... Read More

Where is Florida Investment Property

Florida Investment Property ? Why Investing is a Wise Decision... Read More

Questions To Ask The Landlord Before Renting His Apartment

Apartment hunting is not the easiest thing around. You may... Read More

Selling Your Own Home ? Pet Issues

If you are selling you own home, you need to... Read More

The Benefits of Fractional Ownership in Private Residence Clubs

A New Way to Own a Vacation Home - For... Read More

Sell Your Home Without Paying Any Commissions

All of us know that real estate commissions can work... Read More

Buying Property In Spain

It's high time someone advocated the use of common sense... Read More

The Most Sensible Investment Decision Youll Ever Make

So much advice is bandied about on the internet and... Read More

Selling Your Home ? Be Sure It Shows Well

Whether you are selling a house, townhouse, condo or apartment,... Read More

How to Use Design Psychology to Stage Your Home for a Top-Dollar Sale

A new business venture to help home sellers, home staging,... Read More

What Are the Pitfalls of Marketing a Property Before Its Ready?

Selling quickly is a high priority for some home sellers.... Read More

How to Achieve Financial Freedom with Your Home

The secret disclosed on how you too could achieve financial... Read More

Real Estate Problem Solver

IntroductionThere are many areas one can invest in. Since I... Read More

I Already Have an MLS Listing, Why Do I Need an Internet Ad?

In today's real estate market, astute buyers are also looking... Read More

Seller Objections To Lease Purchase

A large percentage of the mail we receive are from... Read More

Beat the Crowd when Investing in Real Estate

We all are thinking about it and some of us... Read More

Selling Houses: Design Psychology Works!

I've taught the concepts of Design Psychology for many years,... Read More