What were real estate prices during World War 2?
Real estate prices during World War II were much less than they are today. For instance, a person could buy a house for less than 7,000 dollars in 1940. Today, most houses are at least 100,000 dollars.
What kind of risk is involved when you invest in real estate hoping that the prices will increase so you can sell the property for a profit?
The kind of risk where you can afford to lose some of your investment. Real estate values do not increase now like they did during the "bubble" when prices inflated regularly and some people made a lot of money flipping properties before the market crashed. You need to study the market in your own area. The kind of risk where you can afford to lose some of your investment. Real estate values do not increase…
Where are some affordable timeshares for sale?
The best place in the United States to find an affordable time share is often in the state of Florida. Much of Florida has real estate prices that fall below the national average and it also has a large real estate market and fantastic weather. A large amount of real estate means more choices for the consumer and lower prices.
What is the income on a real estate agent?
Real Estate Agents make 3% of the sale of a house. That is 3% for the buying real estate agent and 3% for the selling real estate agent. So this can range widely by house prices. Most real estate agents incomes vary from part time work at $20,000/year to full time commercial real estate agent at $100,000+/year. It all depends on how many houses you sell and how hard you work at it.
How do oil prices affect real estate?
Aside from the obvious inflationary role as prices go up, there is another interesting effect, which is that as gasoline becomes more expensive, people become less willing to commute long distances, and therefore are more interested in living close to where they work, thus making urban real estate more valuable and suburban real estate less valuable.
What is the real estate in India currently like?
Online sources report that investing in real estate has been very successful in India over the last ten years, and property prices have increased fourfold in some places. However sales have now begun to slow down and prices have risen too high for buyers to afford. It is therefore possible that the real estate market will be stagnant for some time.
How much is real estate school?
Real estate school prices vary from state to state, as well as the amount of hours needed to obtain your real estate license. The best way to find out the requirements and cost in your state is to search your state's real estate commission. The following states offer online real estate courses to get your real estate license: Alabama, California, Colorado, Florida, Georgia, Illinois, Iowa, Kansas, Michigan, Mississippi, Missouri, Nebraska, Nevada, New York, Oklahoma, Oregon…
Is it required for seller to prorate real estate taxes?
Real estate tax laws in the United States vary state by state. However, I do not know of any state that requires the seller to prorate real estate taxes. Instead the proration of real estate taxes is local custom and generally written into an agreement to buy or sell real estate. Contractually, upon agreement of the parties involved, the real estate taxes are generally prorated so that whoever owned the real estate during the calendar…
How does a person use a case shiller to compare house prices?
Standard & Poor's Case-Shiller Indices reflect the selling prices of homes in the United States in real terms and are adjusted for inflation. If you're looking to buy or sell a home, it's best to let your real estate agent interpret the index, but the average person can look at it and see trends in the real estate market.
Define a real estate fund?
Real estate funds are founded by a group of real estate, experts, professionals to manage real estate for the investor. The real estate investment trust is a public listed entity, which basically phases on at least 90% of it's profits trust. REITs typically own large commercial office, hotels, buildings and spaces mainly on rental incomes. Some real estate funds may not actually own property as that may involve above-average risk from volatility in property prices…
Do real estate negotiators need a real estate license?
Yes. Anyone who takes part in the real estate negotiating or procurement other then the buyer, seller or third party escrow is required to hold a real estate license. In California the Bureau of Real Estate issues such a license. The parties to the transaction will be covered up to $100,000 via a department issued bonds for any improper activities that occurs during the transaction.