Friday, March 9, 2007

Notes From All Over…

New rules in the investor market – Buy and Hold. Before investing, compute whether the property can cover itself as a rental for 3 to 5 years - the day of fix and flip is behind us.

According to Brookings, for the first time there are more poor residents in the suburbs than there are in central US cities.

The average US household spends 19% of its budget on transportation, rendering location a key component of housing affordability.

It’s expected that the rate of mortgage delinquencies will be 5% by mid year, highest since 2002.

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