Here you go. Maybe you want to know where the housing economy is this year and more importantly in the future, so...get your sponge brain on because I am here to let you know the state of the current economy and possibly what the future has to yield.
First lets look at the current housing market: We are back to 2006 levels (in the best cities) to sell your home and close to the 2006 sales prices. Of course this is not for all cities and it is a good indicator of the way things are swinging. Also, inventory is really light. Which means we need houses on the market for buyers demands. What this means for buyers? There is a huge supply of buyers just waiting for the right house to go on the market. Since real estate is local we are seeing the local economy strengthening and buyers ability- or the confidence there- to buy a home, become increasingly great.
For Sure what we ARE seeing happen- Building. Yes I am seeing building in certain areas like Waterville, Perrysburg and Sylvania. Both Multi family and Single Fam RESidential.
To Add I have always asked the proverbial question: "How does an ant eat an elephant?"
Answer: "One bite and a time."
This transitions into RE STATE economy because you have jobs now everywhere and no matter how small the employment rates hikes down we are still factoring in the census of people. I have seen these people out more than ever before. THAT IS STIMULATING!
In Sylvania the Carlisle Commons is building a new apartment complex worth $15 to $20 Million that has 214 projected units with 72 units in the first phase. This is filling the gap for new inventory which are we are not quite yet at 2006 levels. The past several years of tightening mortgage markets have not helped the real estate economy either however we are seeing loosening on the financial side.
To Finish: Economists state that there is a steadier trend in real estate under way.
My take: Renting is only temporary housing and petty soon you will see a demand for homes when these people want a steadier lifestyle. Some may not and that's just fine too! Wither way more jobs+ more people to fill those jobs= NEED for building roofs over there heads.
Toledo Skyway Bridge
Saturday, September 19, 2015
Thursday, September 10, 2015
The Need for an Ever Present Development Ether
My colleague once told me that "Professionally speaking, I know I'm not the only one driving to work watching my e-mail (at red lights), having Siri talk me to my next appointment while listening to Day Traders 101 on my Bluetooth. I smirked, " Did that the first ten minutes to work," It's very difficult in today's society to understand what it's like maxing out your senses," He says.
Another friend, whom is a broadcaster, had told me once that you "are only allowed seven senses when you drive your car and everything over that is not being used to its full potential." She minored in psychology with a Bachelors in Education while almost obtaining her doctorate. She goes on, "however many people cannot do a lot while driving and not only has it become dangerous it is also illegal." She's not promoting it but says, "something happens where you max your senses-it's almost a development stage- a way to train yourself to be better. She adds: Take heed that you do not overload yourself or cause harm to any of the things that you are currently doing."
This is real e-state today. Where the Internet of Things is a constant and a necessary way of life. Almost the need for an ever present development ether. Bringing the phylosophy up to a colleague he adds: "I often wonder what it feels like to be an airplane pilot.
"What?", I exclaimed.
"Why is it that so many airplane pilots need copilots?," he asked.
I idealistically replied, "To get them beverages- or, to watch what their cargo is up to and instrument panel is doing?"
He rants: "YES! All of these things!" Furthermore. "Airplanes DO fly themselves so the need for to individuals in a vehicle is necessary. And when I say vehicle I mean anything that you're doing that's moving you forward in life. I don't see anybody running around backwards to work doing anything on their daily agenda. It's always going forward... so your vehicle is MOVING you.
Simply put: "When I say vehicle it means I'm moving you forward and you need a team more than one person to do that. It's evident in the airplane industry its evident in police officers that do their jobs on the street, it is evident in ambulance drivers that are responding to a scene, it is evident and anything that you're doing. Perfect example is marriage. This is everywhere that I look people are doing more things than they usually would have I see people on their phones walking with their hands-free which means you're able to accentuate and on a small level that's doing more things than you normally would have without tech.With hands free you're able to express yourself a little bit more and you're emphasizing what you need to say better.
Yes", I quickly interrupted while he took a breath, "in real estate- that is very very important or if you're selling anything- that is extremely important how you sound to the other person and how passionate you are makes a really big difference.
What does that mean in the long run??? Are we all going to get into accidents because we are not paying attention? Quite the opposite. Do birds fall from aviator concussions when they are huge flocks serenading in the sky? On a more HUMAN note: While on the Skating rink- do you see people constantly fall to the ground if they have even remotely learned how to skate? Nope because that is development ether.
What that means is we are able to expand and grow our brains just like cavemen did when they started talking around the first fire. Instantaneous mind growth.
Another friend, whom is a broadcaster, had told me once that you "are only allowed seven senses when you drive your car and everything over that is not being used to its full potential." She minored in psychology with a Bachelors in Education while almost obtaining her doctorate. She goes on, "however many people cannot do a lot while driving and not only has it become dangerous it is also illegal." She's not promoting it but says, "something happens where you max your senses-it's almost a development stage- a way to train yourself to be better. She adds: Take heed that you do not overload yourself or cause harm to any of the things that you are currently doing."
This is real e-state today. Where the Internet of Things is a constant and a necessary way of life. Almost the need for an ever present development ether. Bringing the phylosophy up to a colleague he adds: "I often wonder what it feels like to be an airplane pilot.
"What?", I exclaimed.
"Why is it that so many airplane pilots need copilots?," he asked.
I idealistically replied, "To get them beverages- or, to watch what their cargo is up to and instrument panel is doing?"
He rants: "YES! All of these things!" Furthermore. "Airplanes DO fly themselves so the need for to individuals in a vehicle is necessary. And when I say vehicle I mean anything that you're doing that's moving you forward in life. I don't see anybody running around backwards to work doing anything on their daily agenda. It's always going forward... so your vehicle is MOVING you.
Simply put: "When I say vehicle it means I'm moving you forward and you need a team more than one person to do that. It's evident in the airplane industry its evident in police officers that do their jobs on the street, it is evident in ambulance drivers that are responding to a scene, it is evident and anything that you're doing. Perfect example is marriage. This is everywhere that I look people are doing more things than they usually would have I see people on their phones walking with their hands-free which means you're able to accentuate and on a small level that's doing more things than you normally would have without tech.With hands free you're able to express yourself a little bit more and you're emphasizing what you need to say better.
Yes", I quickly interrupted while he took a breath, "in real estate- that is very very important or if you're selling anything- that is extremely important how you sound to the other person and how passionate you are makes a really big difference.
What does that mean in the long run??? Are we all going to get into accidents because we are not paying attention? Quite the opposite. Do birds fall from aviator concussions when they are huge flocks serenading in the sky? On a more HUMAN note: While on the Skating rink- do you see people constantly fall to the ground if they have even remotely learned how to skate? Nope because that is development ether.
What that means is we are able to expand and grow our brains just like cavemen did when they started talking around the first fire. Instantaneous mind growth.
Friday, August 28, 2015
REAl E-state Today: Landlording: Sharpen Your Pencil!
REAl E-state Today: Landlording: Sharpen Your Pencil!: Are you wanting to put your home up for sale? Maybe you are thinking about becoming a Landlord and rent out the home instead. All the years ...
Landlording: Sharpen Your Pencil!
Are you wanting to put your home up for sale? Maybe you are thinking about becoming a Landlord and rent out the home instead.
All the years We have been a property owners we have been a landlord. Most of the time I'm either talking with a renter or cleaning their shit up. Many times becoming a professional rent collector. This was when gas prices were at $4/gal. I think my hairline receded .25 inch that summer!
There are business risks that you may want to be aware of: Tenants who are they? ARE THEY GOING TO BE ABLE TO PAY?! Eviction attorneys and costs associated CAN BE BLOATED. Insurance companies cost go up if it is not a owner occupied home. When are you going to inspect the home and are the tenants ok with it? They should be there are laws for that!
Are you able to absorb the costs associated with vacancies? Mortgage insurance taxes and these days in Toledo we are charged for water associated costs even if we don't use water.
Pitfalls: Not collecting enough rent. Repairs? who's going to handle them? Do you have a handy man on call?
Are you going to personally collect the rent or have them send it to a PO Box? Not a permanent family that lives in the house.
Recently we had a fellow landlord rent his house out for less than the mortgage balance was so he was unable to cover his costs. WTF!?
Upsides: Tax benefits...and those are even dwindling
Friday, July 17, 2015
Clean Your Gutter To Save Your Hairline
Ok people. Clean out your eves and make sure your water run off from your home or building is addequate.
If not done this can have serios damage to your foundation and surrounding land. Let's say just for disastorious purposes there is an air pocket under your home/building. AND because you cannot see it under or near your foundation- it may be next to repturing with the gobs and gobs of rain we are getting. For effect we will put it directly 1 foot under your foundation. Over time the air pocket had gone un notticed because, well it wasn't seen and you thought your downspouts, extensions, and splash block were out far enough. To further the damage a large pine cone gets lodged in the douwnspout or some other form of debris and all the water is now getting into and under your foundation. Whoops. DISASTER. The pocket is now compromised and you have a crack in your brick or worse a leaning home which damages it almost beyond repair. Take some time and clean your gutters to save your hairline.
Thursday, July 16, 2015
Professionals Do Jobs
Police officers, Lawyers and Teachers. What do these three professions have in common?
There main purpose is to complete a job. They were hired to do just that.
The Teacher is there for the duration of her school year and her job is to pass out the curriculum and teach it as well as possible. The Lawyer has to prove his clients innocence and essential be representation to the judge or jury. Police officers are to protect and to serve. If either one of these professionals veers from his scope of practice there jobs will be in jeopardy. These people are often times acting outside there scope because we see they are staying at there professions longer and becoming more emotionally attached to there job. Not to mention they are growing and potentially want the industry to grow as well.
So would the answer be to pay them higher wages because they are becoming more invested in the career they have chosen? Some say Yes. Yes because they become elite in there craft and have something special to offer over the average individual doing the same job in there respective profession. Why not pay them more? If we do not then they will be another clip of grass growing at possibly a faster rate with stronger roots just to get clipped like the rest of them and to start over waiting to get clipped again...no matter what.
We pay athletes ahead of time. AHEAD OF TIME. How much money is someone really worth with more of a physical presence than someone with a mental presence. Not saying there aren't a lot of athletes with both. It's just usually we denote the genius in ourselves because we are unable to be physically elite. And when the athlete becomes injured or misuses there profession? Someone said that that actually improves there status.
Finally, a job is meant to be completed. Not to be carried on to the next time or maybe the next time, then finally a week later. GET IT DONE NOW AND GET COMPENSATED. Many times as a Ohio State and Nationally recognized Realtor I am never compensated until the sale closes. This means getting paid AFTER I have released the star in me.
There main purpose is to complete a job. They were hired to do just that.
The Teacher is there for the duration of her school year and her job is to pass out the curriculum and teach it as well as possible. The Lawyer has to prove his clients innocence and essential be representation to the judge or jury. Police officers are to protect and to serve. If either one of these professionals veers from his scope of practice there jobs will be in jeopardy. These people are often times acting outside there scope because we see they are staying at there professions longer and becoming more emotionally attached to there job. Not to mention they are growing and potentially want the industry to grow as well.
So would the answer be to pay them higher wages because they are becoming more invested in the career they have chosen? Some say Yes. Yes because they become elite in there craft and have something special to offer over the average individual doing the same job in there respective profession. Why not pay them more? If we do not then they will be another clip of grass growing at possibly a faster rate with stronger roots just to get clipped like the rest of them and to start over waiting to get clipped again...no matter what.
We pay athletes ahead of time. AHEAD OF TIME. How much money is someone really worth with more of a physical presence than someone with a mental presence. Not saying there aren't a lot of athletes with both. It's just usually we denote the genius in ourselves because we are unable to be physically elite. And when the athlete becomes injured or misuses there profession? Someone said that that actually improves there status.
Finally, a job is meant to be completed. Not to be carried on to the next time or maybe the next time, then finally a week later. GET IT DONE NOW AND GET COMPENSATED. Many times as a Ohio State and Nationally recognized Realtor I am never compensated until the sale closes. This means getting paid AFTER I have released the star in me.
Monday, July 13, 2015
Give it a try JOBS.
My professsion is Realtor. As a professional I am constantly trying to drum up business
becasue sales doesnt just happen in 2015. You have to make it happen. IN OR TO HAVE SALES
you must find people who have money to pay for the thing you are selling.
This post is for everyone salesperson in Ohio and Michigan.
Aside from the obvious blah blah blah
from day to day of how we need jobs I am talking about where the jobs are going to be coming from
because, after all, if we all really cared about jobs we would quit are current medium to below wage jobs
and start up businesses of are own. That's not going to happen or should it be a great idea because those jobs would have
to be replaced by workers creating jobs and you would be left to start a fledgling company in an environment that
is not condusine to produceing high quality employment.
After all and i know from experience
as a business owner that this is really hard. After being in the trenches and reallizing that hiring people at
15 dollars an hour is just cutting into my overall profit. I tried it and almost went out of business.
So were are the good or next jobs going to be coming from so we can sell that THING we are selling. Mr. widget maker is going to have to switch jobs. Yes maybe just switch jobs...go on a leave of absence to replace the doldrums. And have a waiver signed so you can come back if you like the job. Maybe I should claim this the Albright Effect for what it may have on the overall improvement of the economy. Because after all it is the economy that allows us to sell that THING.
Or hey just incorporate driverless cars NOW. not later.NOW!
This one implementation would have increased benefits for so many people.
I know I would relish the opportunity I got from a business client showing me around The new Driverless Vehicle Company Car. Although after 17 minutes or whatever we have reached our attention span because isn't that the length of a TV sit come time slot..hhmmm?!
Whatever the implications are for what we do, one thing is for sure. In order to have to buy the thing, society must be able to afford the thing.
I gave you my ideas. Give me yours. A lot of people are playing catch up. How are we going to race to the top?
Tune in next time I will be discussing actual real estate, and how the new lending practices coming up in August will HELP YOU BUY A HOME.
becasue sales doesnt just happen in 2015. You have to make it happen. IN OR TO HAVE SALES
you must find people who have money to pay for the thing you are selling.
This post is for everyone salesperson in Ohio and Michigan.
Aside from the obvious blah blah blah
from day to day of how we need jobs I am talking about where the jobs are going to be coming from
because, after all, if we all really cared about jobs we would quit are current medium to below wage jobs
and start up businesses of are own. That's not going to happen or should it be a great idea because those jobs would have
to be replaced by workers creating jobs and you would be left to start a fledgling company in an environment that
is not condusine to produceing high quality employment.
After all and i know from experience
as a business owner that this is really hard. After being in the trenches and reallizing that hiring people at
15 dollars an hour is just cutting into my overall profit. I tried it and almost went out of business.
So were are the good or next jobs going to be coming from so we can sell that THING we are selling. Mr. widget maker is going to have to switch jobs. Yes maybe just switch jobs...go on a leave of absence to replace the doldrums. And have a waiver signed so you can come back if you like the job. Maybe I should claim this the Albright Effect for what it may have on the overall improvement of the economy. Because after all it is the economy that allows us to sell that THING.
Or hey just incorporate driverless cars NOW. not later.NOW!
This one implementation would have increased benefits for so many people.
I know I would relish the opportunity I got from a business client showing me around The new Driverless Vehicle Company Car. Although after 17 minutes or whatever we have reached our attention span because isn't that the length of a TV sit come time slot..hhmmm?!
Whatever the implications are for what we do, one thing is for sure. In order to have to buy the thing, society must be able to afford the thing.
I gave you my ideas. Give me yours. A lot of people are playing catch up. How are we going to race to the top?
Tune in next time I will be discussing actual real estate, and how the new lending practices coming up in August will HELP YOU BUY A HOME.
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