Today’s Quick Links are all real estate related because of the collapsing real estate market. For some people these are bad times while for others great deals are starting to appear. I can tell you based on our continuing growing sales of LandlordMax that the more astute real estate investors are still very active in the market today. Most likely what’s happening is that the late comers coming in at the end of the boom for quick capital appreciation gains are being punished for being last. It’s very much a repeat of every other boom bust cycle, just like the recent dot com stock market boom and bust.
Without further ado, today’s Quick Real Estate Links:
August foreclosures zoom
The number of homes in some stage of default jumped 36 percent month-over-month in August
This Is Why I Rent: Median Incomes Do Not Support Median Home Prices
Another interesting argument of renting versus buying with the exception that this time it’s not from the point of view of which is better financially, but rather which is possible.
Current Foreclosure Crisis Deemed the Worst in U.S. History
I think the title says it all!
Builders’ confidence at all-time low
Home builders see weakest buyer traffic in 23-year history.