The demand for condos is still high and a good number of developers are making them available to meet with the market demands. New condos come with better amenities, units and benefits and they are not really equal. Some are better than others, but there are things or features that you can use to be sure that the condo you are interested in is really worth the money you are going to spend on it.
1. Good location
1. Switch to Energy-efficient Lights and Fans
One of the most effective and simplest ways to reduce your energy bills is to switch over the lighting of your home to fluorescent bulbs. Skeptics have been raising concerns about the safe environmental disposal of these bulbs due to their mercury content. However, if you follow proper disposal instructions, this concern becomes addressed fully.
A single fluorescent bulb can produce light equivalent to an incandescent
By accident, I believe that our industry does us all a disservice. How? By calling us real estate investors.
How many of you call yourselves real estate investors? Lots. How many of you feel a little queasy when you introduce yourself as a real estate investor? (No need to confess you just need to recognize that feeling).
Do you want to know why you may be feeling queasy? I’ll tell you. It’s because of the incongruent language we are using on ourselves. Let me prove it while helping bust the number one fear of real estate “investors”.
What do you think of when you hear the word investor?
I bet it’s “cash” or “credit”. Right? Maybe something that you feel that you don’t have. So if your business card declares you a real estate investor and you don’t have any cash, do you feel funny, or out of integrity, or incongruent? Maybe a little?
On the other hand, what do you think of when you hear the word entrepreneur? The answers to this question usually range from “opportunist” to “opportunities” to “ideas” to “deals”, etc.
The definition of an entrepreneur is someone who uses the time, talent and treasure of other people to realize their idea or vision. Read that again because this a subtle but important point about your real estate success.
The number one limiting belief of real estate “investors” is “I cannot do this business because I have little cash and/or bad credit.” And if your subconscious holds this belief, guess how hard you are going to work to find deals. Guess how many deals your are likely to do. That’s right, you will do ZERO.
Good news! This limiting belief is easily busted.
You are not a real estate investor. You are a real estate entrepreneur.
What’s the difference? Well, entrepreneurs bring the deals to the money. Investors bring the money to the deals.
By DEFINITION, entrepreneurs are not expected to use their own cash. They are expected to raise cash for their deals and projects. That’s what we do. We find the one thing that is much more valuable than the cash which is the deals.
Money is easy. Finding the deals is the part that requires a little work. But most real estate “investors” get hung up in marketing or making an offer because they don’t have the cash sitting in their checking account. They freeze.
You need to declare yourself a “Real Estate Entrepreneur.” That’s what I do. At this stage of my life, it’s more fun being the entrepreneur and putting deals together. It’s my form of creativity. It’s my art. Being the investor and putting up the cash is OK but it’s kind of like being the guy that furnished the paint to Michelangelo. Nobody remembers the paint supply guy.
On the off chance that you are taking a gander at obtaining another house, then you ought to consider a few areas. You ought to consider the style, size, neighborhood, and expense of the homes open to be obtained where you are looking. These are the standard zones that you would need to consider when searching for the right house.
The style of a house is something that everybody contemplates paying little regard to the probability that they don’t understand it. You may not appreciate that you think of it as being a pro home or a cape cod however actually everybody most likely has an inclination for a without question style of home. Two or three styles may be more immediately open than others, so it may take some work to discover certain styles. Another thought with the style will be paying little regard to whether you have any relatives with uncommon needs. Expecting this is the situation then you may chase down houses that basically have one key floor.
Real estate agents in Staten island available to be purchased in Staten Island accessible to be bought is another thought in the event that you are taking a gander at homes open to be acquired. In the event that you have a family, then you may require a without question measure of space to oblige your entire gathering. You might require an additional space for visitors or even a whole space territory for them. You might require a ton of storage room, so you may have a full storm cellar given to generally stockpiling.
The district is something else that you have to consider on the off chance that you are taking a gander at homes open to be gained. All your real estate needs in Staten Island rely on upon your elucidation behind having a house where you require it. In the event that you are single and work downtown, then you may search for a space close work. You have young people, and a while later you may require a home near the school and in an ensured neighbourhood. In the event that you are surrendered, then you may pick a to a great degree ventures land in Staten Island arrangements and dispossession that would be absurdly over the top for a vigorous group.
Expense is another thing to inspect as you take a gander at Multi-family homes available to be Townhouses for sale in Staten Island postings open to be purchased. You should take a gander at your cash related course of action to pick on the off chance that you can deal with the cost of the home development on the home that you may need for yourself and/or for your gathering. In the wake of taking a gander at two or three locales, you will ideally observe the homes open to be gotten that will address the issues that you have for you and your gathering. It will take some examination; in any case you ought to be able to get a large portion of the data that you require on the off chance that you work at it.
Getting Acquainted with Real Estate Investments It is a given truth that more and more people nowadays have been fascinated over so many things. People would keep trying their best to find ways on how they could earn advantages on the things they have been doing in the process. People would always want to do something that can help them earn a lot of money in the process. You have to understand that people nowadays have seen the great value that commercial and residential properties have in their lives. It is not surprising to know that real estate properties have been very popular nowadays. People should come to know that real estate properties can actually make people wealthy if they start studying these things. You have to know that real estate properties are things that people have started to invest on in order for them to earn more money in the process. Even though real estate investments are giving people the opportunity to earn more money, some people were not privilege to do all these things. One thing that people should be aware of is that there are so many things they have to work on to be successful in a real estate investment. One of the things that should be done by people who want to invest on real estate properties is to plan things ahead before implementing actions in the process. You need to be religious when it comes to following the plan that you need to be implemented in the process. In order for you to obtain success in what you are currently doing, you will need to make sure that you obtain the right information to make things happen. Since you are into real estate investments, you would need to figure out where you can possibly advertise the products that you currently have in your business. Given the fact that you are aware of what could possibly happen if you know the places where you can get people to buy products, there is no need for you to worry about anything.
The classified ads section in a newspaper is a good place where you can advertise the services that you have. You have to know that most people would read newspapers which can possibly make them read the classified ads as well. There are various people who would make sure that the price they will be paying as they buy a real estate property is reasonable enough. As much as possible, you need to give them properties that come in reasonable prices that they are willing to invest on. If you are trying to invest on real estate properties, you have to invest on properties that are situated in a good location. You need to bear in mind that real estate properties are definitely things that people should be investing on nowadays.
With Hyderabad being the latest destination for MNCs, corporate and educational institutes of repute, Real Estate rates are growing at an exponential rate. However aspiring house owners are confused: is it the right time to buy/build a house and reap the rewards or will the price bubble burst and leave them at a loss? Lets take a look.
Hyderabad is the ideal place to invest, for land as well as residences, for several reasons: The economy is booming and promises to grow further. It is a hub for national and multinational corporations and educational institutes, Intel, Hyundai, Infosys, ISB, IIIT, BITS for now, and more are set to arrive. Impressive infrastructure when compared to other South Indian cities. The International Airport and the Outer Ring Road have given Hyderabad Real Estate scenario a huge fillip. Communication and transport facilities are looking up. City has no coastline, so it can expand in all directions. The climate is moderate and conducive to most industries. Retail activity is on the rise – multiplexes, malls, entertainment centres -they are all here.
Now if you have decided to invest, where do you go? Suburbs and outskirts of Hyderabad are in demand, especially for the middle income investors.
Earlier farmhouses were in demand, but now lands for independent homes and apartments are selling rapidly. Residences in the suburbs will have greater appreciation value. Places like Bowenpally, Medchal and Patancheru Road have developed much and fast. Those who bought plots and apartments five years ago are minting money now.
While it seems the Western part of Hyderabad is doing exceptionally well, especially Gachibowli, Tellapur, Nanakramguda, Narsingi and Srisailam highway belt, North Hyderabad too is developing fast. However the Outer Ring Road with improved connectivity among all Zones could have a positive impact on Real Estate -, Hyderabad other areas as well.
Increasing construction costs indicate that housing could get more expensive in future. Yet Estate Projects in Hyderabad are on the rise. More reason why those planning to buy or build a home should do so now.
Even if one already owns a house in the city, the time is ripe to invest in a second one because rental values are also on the rise. An apartment in Banjara Hills is being rented out for twice as much as in Marredpally. Rental values have not gone up as fast as the sale prices, because people opt to buy rather than lease houses, with the help of easy loans. With home loans getting cheap in India, Real Estate in Hyderabad, India has taken a sharp turn.
Real Estate Flats market in Hyderabad has undergone a major transformation over a period of time. The projected 30% CAGR in IT/ITES over next 2-3 years will show a tremendous potential in Hyderabad Property market. The foremost factor for India growth is Real Estate and its contributing more to Indias GDP. In the same way, Hyderabad Real Estate is also a great contributor to Indias GDP due to high market growth trend from IT and ITES segment. Meanwhile, the prices of Hyderabad Properties are cheaper in comparison to other metropolitan cities. This is considered to be a critical success factor for investors and buyers to prefer Hyderabad for their property needs and requirements. And Hyderabad Real Estate is also witnessing an upward trend in capital and rental values. Hyderabad has grown to be the most preferred Residential RE Investment Hub. The growth of SEZs, industrial parks and international airport are favoring the Residential Real Estate Market in the city. Hyderabad Estate values are growing at a rate of 10 per cent.
With just 60 days to go before the 2014 Real Estate market hits -Reset- and dives into 2015, the October St. George Utah real estate market conditions and statistics continue to look positive.
In drilling down on the current inventory, it’s hard not to notice the the greater St. George Utah area – primarily in the cities of Ivins, Santa Clara, Hurricane, Washington, St. George, Brookdale, and Pine Valley – currently has an inventory of 3,978 active real estate listings. Of those listing, only 196 are listed as condo/townhomes for sale; with 275 townhomes sold thus far this year on the Washington County Board of realtors MLS.
Active Vs. Sold Listings
The Southern Utah real estate market has no doubt survived some rather dramatic vacillation over the past 48 months. During the ordinarily quiet month of September, Realtors in St. George Utah sold 280 real estate listings via the MLS, representative of significant deterioration over 2013s 301 sold properties for the same month. Exploding onto the MLS during September 2014, a total of 2005 Active Listings were listed for sale in the hopes of finding a new owner, representing a significant jump from last year’s Active Listings of 1691 during the month September.
Cumulative Days On Market (CDOM)
With the 2015 holiday rapidly approaching, it’s beneficial for southern Utah’s would-be home sellers to understand that traditionally, while the holiday season is fun for the family- It ultimately means increased -Cumulative Days on Market.- Example: when comparing the average CDOM for a listing in September, a properly listed property lasted on the southern Utah MLS for roughly 78 days. Conversely, that same listing, with the same Realtor – and at the same list price could expect to spend an additional 20 days on the WCBR MLS if listed in during December – a not so welcome Christmas gift.
Southern Utah’s Popular Price Range
The bread-and-butter of the “Palm Springs” of Utah’s (i.e. St. George) real estate inventory, homes under $300,000 remains popular. As the remnants of St. George’s housing inventory gets picked over by the newest -snowbirds- in town, those with access to the WCBR MLS can easily tell that one of the more desirable list price ranges remains those properties under $300,000. When examining some of the available data sets for the past 30 days of MLS activity, we see those properties listed under $200,000 enjoyed a greater proportion of buyers competing for their property – perpetuating a long and healthy trend in southern Utah.
Generally speaking, St. George’s homebuyers feel most comfortable in this price range. For their $200K, today’s buyers are looking for that perfect home; comprising approximately 1800 sq. ft., with a flexible floor plan. Additionally, today’s buyers want a home that backs up to green space – think an open park-like space in many of the newer communities. Upon close review of the single-family residential sales for southern Utah, we see the housing sector standing firm and holding its own.
Currently, the southern Utah MLS absorption rate is increasing incrementally; the cumulative days on market for a properly priced single-family residential list have declined dramatically. Representing a 2.91% increase in the median priced home sold in greater St. George area, our median price sales jumped from $232,000 in 2013 to $249,000 in 2014 – not a bad increase. Learn More At: Southern Utah Real Estate Market Condition