Comments on: 10 Most Appreciating Real Estate Markets – Summer 2008 http://www.thereibrain.com/realestate-blog/2008/06/10-most-appreciating-real-estate-markets-summer-2008/#utm_source=feed&utm_medium=feed&utm_campaign=feed Real Investing for Real Life! Mon, 26 Dec 2011 23:24:34 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Trevor Mauch http://www.thereibrain.com/realestate-blog/2008/06/10-most-appreciating-real-estate-markets-summer-2008/comment-page-1/#comment-20005 Trevor Mauch Thu, 12 Jun 2008 17:29:21 +0000 http://www.thereibrain.com/realestate-blog/10-most-appreciating-real-estate-markets-summer-2008/173/#comment-20005 Hey Jp... Likewise man! You're one of the good guys for sure. For all of you out there who haven't checked out Jp's new real estate investing tips site... check it out now and bookmark it... it's gonna be a great resource. www.reitips.com Thanks again Jp. - Trevor Hey Jp…

Likewise man! You’re one of the good guys for sure.

For all of you out there who haven’t checked out Jp’s new real estate investing tips site… check it out now and bookmark it… it’s gonna be a great resource.

http://www.reitips.com

Thanks again Jp.

- Trevor

]]> By: jp | REI Tips http://www.thereibrain.com/realestate-blog/2008/06/10-most-appreciating-real-estate-markets-summer-2008/comment-page-1/#comment-20004 jp | REI Tips Thu, 12 Jun 2008 17:01:41 +0000 http://www.thereibrain.com/realestate-blog/10-most-appreciating-real-estate-markets-summer-2008/173/#comment-20004 Thanks for reposting this, Trevor. And thanks, Mark, for the invaluable insight in your comment. Both of you are assets to to the real estate corner of the blogosphere! :) ...jp Thanks for reposting this, Trevor. And thanks, Mark, for the invaluable insight in your comment. Both of you are assets to to the real estate corner of the blogosphere! :)

…jp

]]> By: Trevor Mauch http://www.thereibrain.com/realestate-blog/2008/06/10-most-appreciating-real-estate-markets-summer-2008/comment-page-1/#comment-19768 Trevor Mauch Tue, 10 Jun 2008 15:01:04 +0000 http://www.thereibrain.com/realestate-blog/10-most-appreciating-real-estate-markets-summer-2008/173/#comment-19768 Hey Mark, Great insight. Totally agree... I knew this data wasn't completely true (these aren't the top 10 markets)... but they do provide food for thought for investors to get their brains working to check out these (and other) markets. The great thing about real estate is that a city can be doing bad... but certain neighborhoods within the city can still be rocking. So, the great lesson here is that people need to become familiar with a city... and certain neighborhoods within the city as well... because there are a ton of GREAT markets for investors out there still. Thanks for the input and thanks for stopping by! - Trevor Hey Mark,

Great insight.

Totally agree… I knew this data wasn’t completely true (these aren’t the top 10 markets)… but they do provide food for thought for investors to get their brains working to check out these (and other) markets.

The great thing about real estate is that a city can be doing bad… but certain neighborhoods within the city can still be rocking. So, the great lesson here is that people need to become familiar with a city… and certain neighborhoods within the city as well… because there are a ton of GREAT markets for investors out there still.

Thanks for the input and thanks for stopping by!

- Trevor

]]> By: Mark McGlothlin http://www.thereibrain.com/realestate-blog/2008/06/10-most-appreciating-real-estate-markets-summer-2008/comment-page-1/#comment-19766 Mark McGlothlin Tue, 10 Jun 2008 14:36:59 +0000 http://www.thereibrain.com/realestate-blog/10-most-appreciating-real-estate-markets-summer-2008/173/#comment-19766 Trevor, your advice in closing your post about doing some more research is absolutely correct. CNN and Yahoo might need to do a little more research. McAllen's reality is a bit different than they've reported. Through the first 4 months of 2008 McAllen's median SFH price has dropped 14.9% to $95,100, with a constriction in permits noted of almost 6%. Thankfully their job growth picture is strong (2.4% 6 month rolling average), and population growth remains brisk but has slowed a bit in the second half of the decade, so at least some of the fundamentals are still in place. My team researches markets across the country for investors and only have of this list El Paso in our top 10 as of this month, though agree that NO, LA, Baton Rouge, LA, and Birmingham, AL are worth a look. You're right, it pays to dig a little deeper and take a very careful look at markets these days, including their demographics and employment too. Caveat Emptor. Trevor, your advice in closing your post about doing some more research is absolutely correct. CNN and Yahoo might need to do a little more research.

McAllen’s reality is a bit different than they’ve reported. Through the first 4 months of 2008 McAllen’s median SFH price has dropped 14.9% to $95,100, with a constriction in permits noted of almost 6%. Thankfully their job growth picture is strong (2.4% 6 month rolling average), and population growth remains brisk but has slowed a bit in the second half of the decade, so at least some of the fundamentals are still in place.

My team researches markets across the country for investors and only have of this list El Paso in our top 10 as of this month, though agree that NO, LA, Baton Rouge, LA, and Birmingham, AL are worth a look.

You’re right, it pays to dig a little deeper and take a very careful look at markets these days, including their demographics and employment too. Caveat Emptor.

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